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Okinawa hikes dealer margins to 11 per cent, per sale

Updated: April 29, 2020, 09:14 AM IST

Okinawa- Indian electric two-wheeler manufacturing company with a focus on 'Make in India' has increased dealer margins to 11 per cent per sale. Amidst the COVID-19 spread, a lot of organization and people are surviving through the cost crunch. Okinawa has announced an increase of dealer margin from 8 % to 11 % per sale. The brand intends to enable its dealer network to make more profits, while everyone together sails through the difficult times. The hike is effective from 27th April until further notice. Okinawa currently has a sales network of over 350 dealerships across the country.

The hike in dealer margins is expected to add up to INR 2000 per vehicle in a dealer's kitty. All in all, this will lead to handsome profits for the dealers. For example, if a dealer is selling 100 vehicles in a month, he will end up making an additional profit of over INR 2, 00,000.

Announcing the Dealer Margins Mr. Jeetender Sharma –Founder & MD, Okinawa affirmed "We understand that the country is going through difficult times. In this hour, everyone holds a responsibility to do their bit to make it easier for as many people, as possible. Our dealer partners are the true brand ambassador and Okinawa always stood by them. Strengthening this commitment, Okinawa today has announced a hike in dealers' margins. We expect this to get some respite the dealers, as the majority of the industries are going through the slowdown."

The brand is committed to contributing to all the possible ways during this unfortunate scenario. The brand further urges its customers to follow all the advisories and be supportive, as everybody together sail through these hard times.

DISCLAIMER: This information is published as per the press release sent to us. It has not been verified or ratified by OVERDRIVE.
Tags: Make in India  |  Okinawa  |  hikes  |  dealer  |  margins 11 per cent  |  per sale  |  country  |  combating  |  Covid-19  |  8  |  11  |  sale  |  Indian  |  electric two wheeler  |  manufacturing company

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