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Total 41 results found. Search for [ Federation of Automobile Dealers Association ]

Results 1 to 21 of 41
Sumant Banerji
September 9, 2020
The decline was relatively modest compared to the 25 per cent year-on-year dip in July but in stark contrast to the 20 per cent growth in wholesale that was dispatched by manufacturers from their factories to their respective dealerships


BusinessToday.In
September 9, 2020
Apex national body of automobile retail industry said overall demand is still not equal to pre-COVID levels, as despite abundant liquidity, risk-averse mood of banks and NBFCs, coupled with stricter CIBIL scores, failed to capture the demand in August


PTI
September 6, 2020
Elaborating on tasks at hand, he said FADA would also work for making auto retail business viable again by taking steps to enhance profitability of the dealer community which has been hit hard by a prolonged slowdown


Sumant Banerji
New Delhi, August 18, 2020
The pandemic is set to push the auto industry back by over a decade. Partial recovery in June and July has raised hopes, but will it sustain?


Sumant Banerji
August 10, 2020
The only bright spot was  tractors that witnessed a 37 per cent jump in sales at 76,197 units indicating good traction in agriculture and allied activities


BusinessToday.In
July 31, 2020
The Supreme Court (SC) on Friday banned the registration of BS-IV vehicles until further orders. The top court will hear the matter again on August 13


Sumant Banerji
June 17, 2020
Should the industry end June 2020 with the 60-70 per cent of June 2019 sales, it would still be lower by around 35 per cent for two wheelers and 40 per cent for cars from peak


BusinessToday.In
New Delhi, June 15, 2020
A bench headed by Justice Arun Mishra said that its March 27 order on relaxations for sale and registration of BS-IV vehicles has been apparently flouted by automobile dealers


Sumant Banerji
June 11, 2020
Sale of commercial vehicles witnessed the steepest fall at 96.6 percent as only 2,711 units could be delivered to customers during the month, shows data compiled by Federation of Automobile Dealers Association (FADA)


BusinessToday.In
New Delhi, June 9, 2020
The increase in demand for second-hand cars comes as automakers register a steep decline in sales. For instance, India's largest car maker Maruti Suzuki India registered a 89 percent decline in sales in the domestic market in May


Sumant Banerji
June 3, 2020
\"Automobile dealers in India operate on the lowest margins possible as compared to peers globally,\" said Ashish Harshraj Kale, President, FADA


Sumant Banerji
May 1, 2020
Auto industry wants the entire value chain, which includes factories of all component makers, vehicle and two-wheeler manufacturers, as well as dealerships, across the country to be allowed to open in one go


Sumant Banerji
New Delhi, April 1, 2020
Once the current crisis is over, auto companies expect sops to make parts in India. The aim is to diversify sourcing away from a single destination like China


BusinessToday.In
April 1, 2020
Hero MotoCorp has also relaxed its stance on the 'Force Majeure' clause of deferring payments. Now, the motorcycle manufacturer will reimburse 50 per cent of the dues of large vendors from its earlier plan to pay only 25 per cent


Sumant Banerji
March 25, 2020
Outbreak of Coronavirus pandemic has turned it into a nightmare. 21-day lockdown announced by the government on Tuesday night that would end well past the March 31 deadline, means there are no easy solutions left with the 15,000-odd dealer community either


Vivek Punj
March 22, 2020
Hospitality to lose Rs 30,000 crore revenue; aviation losses to add up to Rs 8,200 crore; auto sales down 70 per cent; restaurants fear 15 lakh job losses


Sumant Banerji
March 17, 2020
In the past week there has been drastic drop in sales and customer walk-ins have reduced to a trickle as caution sets in due to fear of spreading of the virus


BusinessToday.In
New Delhi, March 17, 2020
The spread of coronavirus is not just a medical challenge; it poses an equally serious economic threat


Sumant Banerji
March 12, 2020
FADA has said the coronavirus outbreak has led to an alarming 45 per cent drop in footfalls in automobile showrooms across the country over the last one week and may impact stock clearance ahead of the March 31 BS VI transition deadline


Sumant Banerji
New Delhi, February 20, 2020
Onset of new emission norms is expected to make petrol vehicles more expensive by Rs 20,000 for cars and Rs 6,000 for two-wheelers and Rs 100,000 for diesel vehicles


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