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FADA MAHARASHTRA
EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...- GST buzz slows festive sales as India's aam aadmi awaits PM Modi's Diwali giftIndia anticipates GST rate revisions. Consumers delay purchases, expecting lower prices on cars, electronics. Festive season sales slow dow...
- Discounts, offers drive car, electronics sales in Onam, Ganesh ChaturthiHefty discounts and promotional offers have spurred an increase in car and consumer electronic sales during the Ganesh Chaturthi and Onam f...
- Footfalls at auto dealers fall in June, so do RTO registrationsVehicle registrations rose 0.73% to 1,895,552 units, with two-wheelers up 4.7%, three-wheelers 5.1%, passenger vehicles down 6.8%, and comm...
- Auto sales muted as extreme heatwave cools demand in JulyVehicle registrations in June were nearly flat, up just 0.73% from the previous year, with 1,895,552 units registered. Extreme heatwaves an...
- India's auto retail sales register 0.73% annual growth in June on the back of prolonged heatwaveIndia's auto retail sales saw a 0.73 per cent annual growth in June, largely due to delayed monsoons in certain regions. The two-wheeler an...
- Hyundai Motor unit to buy General Motors' India plant in Talegaon, MaharashtraSouth Korean automobile giant Hyundai Motor Co's Indian unit will buy automaker General Motors' Talegaon, Maharashtra plant, the company an...
- One of every five two-wheelers sold in India will be electric within next two years: Ather's Tarun MehtaAround 20% of two-wheelers sold in India are expected to be electric within two years as manufacturers start introducing more affordable mo...
- M&M to invest Rs 10,000 crore to widen India’s EV manufacturing spectrumThe company stated it has received a nod to make the investment from Maharashtra Government’s industrial promotion scheme for Electric Vehi...
- Exicom Group firms up investments of Rs 200 crore over the next three yearsThe company - which recently became the largest EV charger maker completing 5,000 installations within four years of inception - is expecti...
- Maharashtra govt move making vehicle registration faceless to make vehicle-buying process seamless: FADAFADA Maharashtra was persistently engaged in a dialogue with the state transport department for the implementation of the new rules which w...
- April auto retail sales hit lowest in eight monthsNearly 45-50% of automobile dealerships are shut as states impose lockdown restrictions
- FADA Maharashtra raises Rs 10 lakh for fitment of GPS devices in 250 oxygen tankersFederation of Automobile Dealers' Association (FADA), in a release earlier, had said its Maharashtra chapter has raised Rs 10 lakh to suppo...
- Auto companies suffer 20% decline in bookings amid rising casesThere is no sale in Maharashtra – which accounts for 10% of all automobiles sold in the country – due to a partial shutdown till month end.
- FADA urges Maharashtra government to allow opening of vehicle showrooms with 50% manpower“The festivals of Gudi Padwa, Ram Navmi and Navratri are traditionally when people take delivery of their new vehicles. We request to be al...
- Passenger vehicle sales up 23% in February as industry records growth for the 7th straight monthMarket leader Maruti Suzuki sold 144,700 passenger vehicles during the month, a year-on-year growth of 8%. Its market share improved by 116...
- Passenger vehicle retail sales rise 10% in September: FADAAutomobile dealers' body FADA said passenger vehicle (PV) retail sales in September witnessed year-on-year increase of 9.81 per cent to 1,9...
- FADA: Dealerships see 10% reduction in jobs with migrant workers leaving due to pandemicDemand is slowly returning to normalcy but there is a shortage of skilled labour in the market, said Vinkesh Gulati, who took charge as the...
- Dealers catch a break as car companies cut productionThe stock with passenger vehicles (PV) dealers averaged between 25 and 30 days’ equivalent at the end of July as per FADA.
- Inventory correction a respite passenger vehicles dealers even as sales continue to fallThe unsustainable cost of holding high inventory had led to as many as 300 dealerships going out of business in the 18 months leading to Ap...
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