Tag Archives: dealer
Auto dealer, IVD, on the run over domestic violence
Lifestyle Factual Pursuit of Truth for ProgressPopular auto dealer, Ikechukwu Darry Ogbonna, also known as IVD, has absconded after the wife, Bimbo, burnt down their house over domestic violence.The wife is reported to have been burnt beyond recognition over the incident and she is hanging on to her dear life at an intensive unit in a hospital in Lagos.It was also reported that she was rejected from about 10 hospitals because her condition was critical.The source went on to say the husband ran away leaving her to rot in pain while someone tried to put her in his car for rescue.An Instagram blogger, Instablog, claimed that all properties were in close ruins as the house was engulfed in flames. According to the reports,...
Auto cos go slow on dealer dispatches as demand dips
Business new tamfitronics NEW DELHI: After nearly three years of bumper growth, car sales have started to show signs of weakness as demand has come down over the past few months on a high base and other negatives such as severe summer heatwave, uncertainty around elections, and expensive vehicles.The Indian car market had bounced back strongly after the Covid setback and closed 2023 with record sales of 41.1 lakh units.However, the market has seen a squeeze in demand in recent months, which many fear will mean low-to-flat growth for the full year.The numbers in June saw Maruti and Hyundaithe top two carmakers, report weak growth in dealership deliveries. But while they managed to stay positive, Tata Motorswhich had made a remarkable comeback over the last few years, witnessed an 8% decline in dealer...
