For a very long time, the Big 3’s dominance of the regional auto market has been a topic of discussion among all of us. Everyone has mentioned it in some form, especially if they are automotive enthusiasts. The Big 3, Toyota, Honda, and Suzuki, began to face intense competition after the entry of new businesses, and people began to believe that their hegemony would gradually wane.
It turned out to be true in certain instances, as vehicles like the Kia Sportage gave seasoned competitors like the Honda Civic and Toyota Corolla a very tough time. The dealerships of these older businesses are still attempting to maintain their monopoly in a few areas, nevertheless.
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Suzuki And Toyota Dealership Monopoly On Insurance
We learned a few months ago that Suzuki and Toyota dealerships are pressuring customers to get insurance from them. We informed you last month about Toyota dealerships and how they require insurance from potential customers in order to deliver the vehicle.
Currently, according to our sources, Suzuki is also in this situation, particularly with the Suzuki Alto. We are all aware that the Alto is the only market leader in the 660cc car category and is the preferred vehicle for families in the middle class. Furthermore, we believe that the dealers are attempting to profit from this situation. Therefore we make the decision to check it ourselves.
In the course of our study, we learned from one Suzuki dealership that while insurance and registration are required for the Suzuki Swift, they are optional for the Suzuki Alto. While you have the choice with the Alto, another dealership claimed that insurance and registration are required for the Suzuki Swift. Currently, according to our sources, Suzuki is also in this situation, particularly with the Suzuki Alto
Suzuki And Toyota’s Position
Both company representatives have rejected it when contacted, claiming that it is not an insurance policy. They claimed that customers can decide whether they want insurance or not, as well as whether they want it from a different provider. One of the officials remarked, “Some sales agents have targets, and perhaps that is why they ask the purchasers to get insurance from the dealership.
Although businesses have disputed these developments, we have reached out to the dealerships to ensure that they are real. And this raises the question of whether the Competition Commission should be involved. Because it is against the law and the desire of the people for CCP to attempt to create a monopoly in any industry. The consumer is entitled to select the insurance that best suits his needs. Dealerships cannot compel customers to get insurance because it is entirely up to the individual whether they do or not.
