Fada

Coronavirus Outbreak: Automobile dealers' body FADA writes to PM, seeks immediate financial support

The Federation of Automobile Dealers Associations (FADA) has written to Prime Minister Narendra Modi seeking immediate financial support from the government for the ailing sector amid the nationwide lockdown due to coronavirus pandemic

Extension of BS-VI deadline unlikely to do 'any good' to auto industry; buying sentiment likely to remain low after lockdown: Report

During the April-February period of 2019-20, sales witnessed a decline of 12.7% year-on-year on account of weak demand for commercial vehicles, two- and three-wheelers as well as passenger vehicles.

Due to coronavirus outbreak, FADA requests Supreme Court to extend BSVI deadline to 31 May

Counter sales has fallen by 60-70 percent across auto dealerships in these past few days.

Automobile dealers' body approaches SC seeking extension of sale, registration of BS-IV vehicles till May-end

Automobile dealers' body FADA on Tuesday said it has filed an application with the Supreme Court seeking an extension of sale and registration of BS-IV vehicles till 31 May, 2020 -- an extension of two months from March-end deadline to clear the stock of such models

Auto dealers fear they will not be able to liquidate BS-IV stock before 31 March deadline: FADA

With several state governments issuing circulars to end registration process for BS-IV vehicles much before 31 March, 2020, and the fear of coronavirus keeping buyers away from showrooms, automobile dealers fear that they would not be able to liquidate the BS-IV inventory before the month-end deadline

Passenger vehicle retail sales fall 5% to 2.91 lakh units in January on lower consumer demand: FADA

Automobile dealers' body FADA on Thursday said passenger vehicle (PV) retail sales in January declined 4.61 percent to 2,90,879 units as compared to same month last year, hit by tepid response by end customers

Passenger vehicle retail sales dip 9% to 2.16 lakh units in December: Industry body FADA

Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles in December 2019 declined 9 percent to 2,15,716 units year-on-year, as even the best offers failed to lift weak consumer sentiments

Auto sector slowdown: Component maker Bosch likely to slash a few thousand jobs in India in next four years

Bosch may retrench about 10% of its 3,700-strong workforce in the administrative and management segments while it could be more than 10% of the 6,300 workers in the manufacturing level.

Automobile dealers' body FADA moves SC seeking relief in sale of BS-IV vehicles after 1 April deadline

Automobile dealers' body FADA on Wednesday said it has moved the Supreme Court seeking sale and registry of unsold BS-IV vehicles beyond 1 April, 2020

Maruti Suzuki raises production target by 6% for this fiscal amid hopes of slight recovery in auto sector

Last month, Maruti Suzuki increased its production by 4.33 percent, after having reduced output for nine straight months due to lower demand.