INDIAN AUTOMOBILE DEALERS WORRIED DUE TO SUDDEN EXITS BY GLOBAL AUTO MAKERS

HIGHLIGHTS

• Automobile dealers are demanding protection from sudden exits by global auto makers.
• FADA wants Indian government to implement system to protect the interests of dealers from sudden exits by multinational manufacturers.
• FADA told...

APR 2021 WITNESSED FALL IN AUTO REGISTRATIONS

HIGHLIGHTS

• APR 2021 witnessed fall in auto registrations.
• Due to COVID surge and lockdowns all over India, 32% fall was observed in auto registrations.
• Passenger vehicles showed a decline of over 11%.

According to a report...

FADA ESTIMATES 28 PERCENT AUTOMOBILE SALES DECLINE IN INDIA

HIGHLIGHTS

• FADA has estimated 28% automobile sales decline in India during APR 2021.
• The decline was observed in the month-on-month (MoM) sales number.
• The second wave of the COVID-19 pandemic has been mentioned as the reason for decline in...

RETAIL SALES OF KIA MOTORS INDIA GREW BY 45 PERCENT IN JAN 2021

HIGHLIGHTS

• In JAN 2021, Kia Motors India retailed the Kia Carnival, Kia Seltos, and Kia Sonet.
• In New Delhi, the starting price of Kia Sonet is priced between Rs 6.79 hundred-thousand.
• The Kia Seltos has a starting price of Rs 9.89 hundred-...

INDIAN CAR DEALERS HAIL NIRMALA SITHARAMAN’S BUDGET 2021

HIGHLIGHTS

• The current fiscal year witnessed increase in the registration of vehicles across India in December 2020.
• Combined sales of passenger vehicles and two-wheelers witnessed a growth of 11% year-on-year.
• FADA said that the announceme...