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Total 37 results found. Search for [ Federation of Automobile Dealers Associations ]

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January 11, 2021
According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,18,775 units in December 2019

December 28, 2020
The light commercial vehicles (LCVs) segment has started to recover as they provide last mile connectivity and because of increased e-commerce activities

December 9, 2020
According to the Federation of Automobile Dealers Associations, passenger vehicle retail sales in November witnessed a year-on-year rise of 4.17 per cent to 2,91,001 units compared to 2,79,365 units in November 2019

Sumant Banerji
November 9, 2020
FADA says only 43 percent of the dealers are feeling good about festive season and only 33 percent of them expect growth in November. Significantly, 30 percent says there may be a decline this month as well. On inventory levels, FADA says average inventory for PVs has shot up to 35-40 days

September 25, 2020
Discussions are also ongoing to let Hero become a contract manufacturer for at least one Harley motorcycle with 300-600 cc engine capacity, which it will launch later

September 15, 2020
Shekhar Vishwanathan, Vice Chairman of Toyota's local unit Toyota Kirloskar Motor has said that the government keeps taxes on cars and motorbikes so high that companies find it hard to scale up

New Delhi, September 10, 2020
Public sector bank services at doorstep; govt rolls out new banking featuresFinance Minister Nirmala Sitharaman inaugurated doorstep banking services by public sector banks (PSBs). Banks aim to provide convenience to their customers and at their doorstep through call centre services, web portal and mobile app. Customers would also be able to track their service requests through these channels.DCGI notice to Serum Institute after AstraZeneca halts Oxford COVID-19 vaccine trialsThe central ...

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

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
July 21, 2020
Last week, wholesale figures released by industry body Society of Indian Automobile Manufacturers (SIAM) shows that the number of vehicles produced and shipped from the factories to dealerships across the country,had also shown a similar 41 per cent decline for the month

June 14, 2020
The Federation of Automobile Dealers Associations (FADA), however, said a clear picture will emerge only after the end of this month when it will roll out a survey to understand how its dealer members are planning

June 11, 2020
Two-wheeler sales declined 88.8 per cent to 1,59,039 units last month as compared with 14,19,842 units in May 2019

New Delhi, February 15, 2020
The Supreme Court bench ordered telecom companies to pay their AGR dues immediately, putting an end to all hopes of relief in the matter

February 14, 2020
The Supreme Court bench of Justice Arun Mishra and Deepak Gupta made it clear that the deadline for BS-IV vehicles will not be extended by even one day

New Delhi, December 19, 2019
Donald Trump impeached, Senate trial to decide if he'll continue as PresidentUS President Donald Trump on Wednesday became the third U.S. president to be impeached as the House of Representatives formally charged him with abuse of power and obstruction of Congress in a historic step that will inflame partisan tensions across a deeply divided America. The Democratic-led House's passage of two articles of impeachment on a mostly party-line vote sets the stage for a trial next mont...

Sumant Banerji
New Delhi, December 18, 2019
FADA has requested the apex court to allow inventory purchased before March 1, 2020 to be sold after the deadline in the event they could not be liquidated by the end of this fiscal

Sumant Banerji
New Delhi, September 10, 2019
Auto crisis: This year, the industry is keeping it simple, treating the festive month of October as regular even as both Navratra and Diwali are falling in it. 

August 20, 2019
Mirroring the weak consumer sentiment and slowdown in the sector, S&P BSE auto sector index has fallen 35% during the last one year, with home-grown Tata Motors falling 55% in the same period.

Sumant Banerji
New Delhi, August 19, 2019
The automobile industry is in the middle of an unprecedented slowdown. With companies beginning to lay off workers, the worst is yet to come

August 18, 2019
Slowdown Blues: Normally the credit period is of 60 days but the State Bank of India (SBI) has extended the same to 75 days in some cases or 90 days in others.

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