Latest Articles in FADA
As Ford Exits, Auto Dealership Seek Govt Intervention
With Ford’s exit, a total of 464 dealers (excluding those dealing with Fiat, Mitsubishi) are said to have pumped in Rs. 2,485 crore with nearly 64,000 people employed thereof who were either axed or are about to be axed, claims FADA, industry association of auto-dealers in a letter sent to the Minis
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FADA Seeks Govt Support Regarding Compensation Structure For Ford Dealers
Such coercive efforts on Ford''s part to get their channel partners to sign an NDA with the imposition of unreasonably tight timelines, under economic duress is not the right approach and adversely impacts dealer interests
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Passenger Vehicles Retails Sales Grow Above Pre-Covid Levels In July – FADA
PV’s witnesses high demand specially with the buzz around new launches and compact SUV segments
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Overall Demand Recovery To Be Slow As Rural Markets Continue To Struggle With Post Covid Effects. – FADA
Total Vehicle Retails for the month of May’21 fell by -54.79% MoM and -70.69% when compared to May’19. All categories on MoM saw bloodbath as 2W, 3W, PV, Tractor and CV fell by -53%, -76%, -59%, -57% and -66% respectively.
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PV Retail Sales Rise 28 Pc, Two-Wheeler Registrations Dip 35 Pc In March: FADA
Total registrations across categories declined by 28.64 per cent to 16,49,678 units last month compared to 23,11,687 units in the year-ago period.
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FADA Releases December’20 Vehicle Registration Data
December registrations for the first time in FY20-21 witnesses’ positive growth of 11% (YoY) largely due to festival spill over demand and pre-buying due to announcement of price hike in January’21.
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Franchise Protection Act For Auto Dealers, Recommends Parliamentary Standing Committee For Industry
Currently, almost all auto dealerships are privately owned proprietorships or family-owned businesses, the statement said.
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FADA & ASDC Ties Up With Google To Train Over 1 Lakh+ Employee
Aim to train over 1 Lakh+ employees across 20,000 dealerships to digitise dealership platforms and capabilities
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Passenger Vehicle Retail sales Down 9% In October 2020: FADA
Commercial vehicle sales also slipped 30.32 per cent to 44,480 units, as against 63,837 units a year ago.
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Passenger Vehicle Sales Jumps By 9.81% YoY In September: FADA
Overall, 2-wheeler, 3-Wheeler, and Commercial Vehicles continued to march ahead on MoM basis and inched up to narrow their gap with last year’s sale even though pre-covid levels are yet to be seen across all categories.
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