NEW DELHI, JULY 15, 2024 (TBB BUREAU): Driven by a spike in two-wheeler and three-wheeler sales, India’s automobile retail numbers posted a substantial growth of 9.4 per cent in the first quarter of 2024-25, compared to the same time last fiscal, said data shared by the Federation of Automobile Dealers Associations (FADA). Two-wheelers (2W) led the charge with an impressive ...
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Automobile dealers core members of economic ecosystem of the nation: Odisha Governor Prof. Lal
TBB BUREAU BHUBANESWAR, APR 29, 2023 Acknowledging the significant contribution made by the automobile dealers’ community to Odisha’s development, Governor Professor Ganeshi Lal said, “The automobile dealer industry is a dynamic industry, and has been one of the core members of the economic ecosystem of the nation. The dealers are an important pillar of this mechanism.” Inaugurating Vyapar Odisha meet, ...
Read More »FADA optimistic on near term outlook for auto sales
TBB BUREAU NEW DELHI, DEC 9, 2022 The hike in vehicle prices by the manufacturers and the fallout of the 35 basis points (bps) increase in the repo rate by the Reserve Bank of India (RBI) is likely to dent the confidence of two-wheeler and entry level car buyers, said the Federation of Automobile Dealers Associations (FADA). According to FADA, ...
Read More »YoY vehicle registrations plunged by over 28pc in March: FADA
TBB BUREAU NEW DELHI, APRIL 8, 2021 Vehicle registrations in India declined by 28.64 per cent on a year-on-year (YoY) basis in March 2021. However, the data released by the Federation of Automobile Dealers Associations (FADA) showed a sequential growth of 10.5 per cent in March. Accordingly, vehicle registration stood at over 16.49 lakh in March 2021, compared to over ...
Read More »Vehicle registration in January falls over 9 pc YoY
TBB BUREAU NEW DELHI, FEB 9, 2021 Vehicle registrations in January 2021 declined 9.66 per cent on a year-on-year (YoY) basis. Data released by the Federation of Automobile Dealers Associations (FADA) on Tuesday showed that over 15.92 lakh vehicles were registered in January 2021, as against over 17.63 lakh units in the corresponding month year ago. The fall comes after ...
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