Okinawa, the electric two-wheeler company has increased dealer margins to 11 percent per sale from eight percent earlier. The hike in the dealer margin is effective from April 27.
The hike in dealer margins is expected to add up to Rs 2000 per vehicle in the dealer’s kitty. Speaking about it, 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.”
Okinawa currently has a sales network of over 350 dealerships across the country.