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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 Adesola Mojo
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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Categories Automobile

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

by Adesola Mojo
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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Categories Automobile

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

by Adesola Mojo
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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Categories Automobile

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

by Adesola Mojo
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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Categories Automobile

Footfalls at auto dealers fall in June, so do RTO registrations

by Adesola Mojo
Footfalls at auto dealers fall in June, so do RTO registrations

New Delhi: Vehicle registrations – a proxy for retail sales – were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer …

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Categories Automobile

India auto sales: Auto sales muted as extreme heatwave cools demand in July

by Adesola Mojo
India auto sales: Auto sales muted as extreme heatwave cools demand in July

Vehicle registrations – a proxy for retail sales – were largely flat last month as extreme heatwave in several parts of the country impacted retail sales. According to data collated …

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Categories Automobile

june auto sales: India’s auto retail sales register 0.73% annual growth in June on the back of prolonged heatwave

by Adesola Mojo
june auto sales: India’s auto retail sales register 0.73% annual growth in June on the back of prolonged heatwave

India recorded just 0.73 per cent annual growth in its auto retail sales in the month of June, owing to the delayed monsoon in certain parts of the country, the …

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Categories Automobile

auto industry: Car discounts make comeback after four long years of waiting in the auto industry

by Adesola Mojo
auto industry: Car discounts make comeback after four long years of waiting in the auto industry

Car discounts have made a return after four years of long waitlists, driven by changes in the automotive industry’s pricing strategies. Dealers are ramping up production to meet high demand, …

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Categories Automobile

FADA plans to take up issue of high inventory with SIAM

by Adesola Mojo
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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Categories Automobile

Vehicle registrations rise by a modest 3 per cent in May

by Adesola Mojo
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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Categories Automobile
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