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fada

india auto inventory: The curious case of 300,000 missing cars: It is automakers vs dealers in inventory mystery

by Horatio Thompson
india auto inventory: The curious case of 300,000 missing cars: It is automakers vs dealers in inventory mystery

Carmakers and their dealers are battling each other over inventory levels amid slowing demand. The Federation of Automobile Dealers Associations (FADA) says their members are carrying stock equivalent to over …

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Auto sales data: Tractors’ growth contracts 12% in July, FADA laments record-high PV inventory levels

by Horatio Thompson
Auto sales data: Tractors’ growth contracts 12% in July, FADA laments record-high PV inventory levels

India’s automobile retails grew 13.8 per cent on an annual basis in July, data from auto body FADA showed on Monday. Almost all segments except tractors exhibited a double-digit growth …

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FADA vehicle depreciation: FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024

by Horatio Thompson
FADA vehicle depreciation: FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024

Automotive dealers body FADA on Friday urged the government to introduce vehicle depreciation benefits for individual taxpayers, saying it will not only expand the taxpayer base but also ignite automobile …

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Automobile retail sales up 9 pc in April-June: FADA

by Horatio Thompson
Automobile retail sales up 9 pc in April-June: FADA

Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers’ body FADA said on Monday. Overall retail sales rose to …

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FADA plans to take up issue of high inventory with SIAM

by Horatio Thompson
FADA plans to take up issue of high inventory with SIAM

Automobile retailers’ apex body FADA on Friday voiced its concern on the high inventory level and said it is planning to take up the matter with the Society of Indian …

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Vehicle registrations rise by a modest 3 per cent in May

by Horatio Thompson
Vehicle registrations rise by a modest 3 per cent in May

Vehicle registrations – a proxy for retail sales – went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties …

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May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

by Horatio Thompson
May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the …

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car loans: SBI changes gears, links car dealer commissions to their performance

by Horatio Thompson
car loans: SBI changes gears, links car dealer commissions to their performance

In a first for the bank, State Bank of India, the country’s largest lender, is set to link the commission it pays to car dealers, for sourcing loans, to sales …

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Election uncertainty could hurt Indian auto sales in May, dealers’ body says

by Horatio Thompson
Election uncertainty could hurt Indian auto sales in May, dealers’ body says

Uncertainty around the ongoing elections in India could hurt automakers’ sales in May despite rising consumer interest for new model launches, a dealers’ body said on Wednesday. The world’s most …

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Vehicle registrations rise by a modest 3% in March

by Horatio Thompson
Vehicle registrations rise by a modest 3% in March

Vehicle registrations – a proxy for retail sales – went up by a modest 3% last month to 2.13 million units due to subdued demand during the inauspicious period of …

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