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Maruti Suzuki will be biggest gainer- Post Corona

Shared mobility is likely to take a hit due to the coronavirus crisis, as more and more people may opt to have their own personal vehicles. The reason for this is the continuation of social distancing norms for some time, even after the pandemic is over. At the same time, fearing imminent job losses and an employment crisis, first time users are likely to opt for two-wheelers and entry-level vehicles.

Market analysts foresee a dramatic change in travel habits, especially in cities such as Delhi and Mumbai. Both these cities have long commute distances, due to which having one’s own mode of transport is very important. Most Mumbai residents have depended on the local trains for a large part of their lives, but now they themselves may have been forced to rethink their traveling strategies.

Scope for a mass-market car or two-wheeler

Had Ratan Tata’s Nano been as popular as some other vehicles in the market, it would surely have solved commuting challenges for a variety of people? This is the greatest opportunity for an auto manufacturer in India to come up with a highly affordable and user-friendly vehicle. Only such affordable vehicles can reduce the burden on a citizen looking to travel long distances on a budget.

Better organization of the used vehicle business

Used two-wheelers could suddenly witness a boom in the Indian market, much of which is unorganized. Now though the used car business has prominent players such as CarTrade, Gaadi, Maruti True Value, Mahindra First Choice, a significant part of this market is still unorganized. Those in New Delhi would be familiar with the car markets of Karol Bagh and Sarojni, where buyers would be at the mercy of dealers.

Another fallout of the COVID pandemic is that people will now want to choose from top brand names. They will want to select cars or two-wheelers that can be easily serviced, their parts easily found and have good after-sale value. In other words, Maruti Suzuki stands to gain the most from this situation.