Monday, January 24, 2022

Federation of Automobile Dealers Associations

Editorial: No cause for celebration

Painting a rosy picture based on April's GST collections could be a miscalculation as all indicators point to a grim picture of the economy

Total vehicle registrations slip 30 per cent in FY21

Passenger vehicles (PV) registrations were at 23,86,316 units last fiscal, as against 27,73,514 units in FY20, down 13.96 per cent

PV retail sales rise over 10 pc in Feb on low base effect: FADA

Total sales across categories declined 13.43 per cent to 14,99,036 units, last month compared to 17,31,628 units in the year-ago period.

PLI scheme to be beneficial for auto industry: Fitch

Fitch Solutions Country Risk and Industry Research noted that some of the operational risks present in the country would still remain a challenge for many investors despite the incentive

Harley-Davidson dealers evaluating legal recourse on measly compensation

The dealers said they are unhappy with the compensation being offered to them and due to this they are now forced to evaluate legal options

Passenger vehicle retail sales dip 9 pc: 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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