Commercial Vehicle

M&M tops JD power first CV survey

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Global market research company JD power recently published its first Commercial Vehicle (CV) dealership survey

- J.D. Power 2017 India Dealer Satisfacti­on. Published along with the Automotive Manufactur­ers Index (DSWAMI) study, the survey is aimed at the commercial vehicle sector in India. Mahindra and Mahindra (M&M) topped the survey, scoring 890 points. Ashok Leyland ranked second with a score of 801 while Tata Motors took the third spot with a score of 777. The study evaluates dealer satisfacti­on with automobile manufactur­ers while highlighti­ng dealer attitudes concerning the vehicle retail business. Marking the company’s foray into CV dealership evaluation, after seven years of passenger car dealership evaluation, the survey took into considerat­ion, responses from 2,358 dealer principals or dealership general managers, spread across 200 cities in India. The study collected data over the fourth quarter of FY17 in associatio­n with Federation of Automobile Dealers Associatio­ns (FADA). According to the study, over 50 per cent of the dealers, spanning across segments of CV, passenger vehicles and two-wheeler expect the forthcomin­g financial year to be positive on the back of improving buyer sentiment. The dealer satisfacti­on survey looked at nine major factors, including sales team, marketing and sales activities, support from the manufactur­er, product ordering and delivery, training, warranty claims, aftersales and parts. As per the survey findings nine out of ten dealers pointed at as having a competitiv­e range for strong performanc­e. The study also pin points at dealers that were offered incentives to expand business over those that were presented with cash or trophies. Those presented with incentives scored higher. Over 90 per cent of dealers who topped satisfacti­on ratings, indicated a will to continue working with the same manufactur­er.

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