FADA noted that electric commercial vehicle sales rose to 2,203 units last financial year as compared with 400 units in FY21
“Chip shortage is impacting supplies in PV creating a huge shortage of vehicles in SUV, compact – SUV and luxury segment”, said FADA President Vinkesh Gulati.
The initiative aims to train over 20,000+ auto dealerships across the country to build an online presence, and provide digital skill training to 100,000+ auto dealers across the marketing and sales divisions.
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.
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
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
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
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.
Passenger vehicle retail sales up 1% to 2.57 lakh units in November driven by festive demand: Industry body FADA
Automobile dealers' body FADA on Wednesday said retail sales of passenger vehicles in November increased 1 percent to 2,57,271 units against the same period last year, driven by festive demand during the month
Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles in October increased 11 percent to 2,48,036 units against the same period last year, driven by festive demand during the month
Anand Mahindra's tweet was a response to the auto firm's managing director Pawan Goenka's tweets on Sunday.
Automobile dealers' body FADA on Friday said passenger vehicle retail sales in September declined 20.1 percent to 1,57,972 units against the same period last year as the onset of festival season and never-seen-before discounts failed to lift demand
The recent measures announced by the government to help the auto industry overcome the ongoing slowdown is yet to take effect at ground level and uncertainty over GST reduction is making customers postpone purchases, automobile dealers body FADA said on Tuesday
Passenger vehicle retail sales fall 11% in July, hit by weak demand across the country: Industry body FADA
Retail sales of passenger vehicles (PV) declined by 11 percent to 2,43,183 units in July as compared to the same period last year, hit by weak demand across the country, automobile dealers' body FADA said on Monday
Daily Bulletin: Primary schools in Srinagar to re-open today amid tension in Valley; flood alert in Delhi as Yamuna swells; day's top stories
Daily Bulletin; Over 190 Primary Schools in Srinagar to re-open today, say officials; Flood alert for Delhi as Yamuna likely to cross danger mark on Monday; day's top stories