The Federation of Automobile Dealers Associations (FADA) today commemorated the inaugural Auto Dealers Day, a significant milestone in the automotive retailing world. FADA marked this occasion by emphasizing a strong sense of community and reaffirming the industry’s commitment to sustainability. September 19th, chosen as Auto Dealers Day, aligns with the foundation day of the Federation […]
Widely recognized and celebrated as the leading platform to facilitate the convergence of hundreds of 2nd and 3rd generation entrepreneurs of the rapidly growing automotive component industry, the ACMA-Young Business Leaders’ Forum (YBLF) was established under the aegis of the Automotive Component Manufacturers Association of India(ACMA), the nodal industry body. Leading the way in grooming young minds […]
The Federation of Automobile Dealers Associations (FADA) hosted the fifth edition of the Auto Retail Conclave, focusing on the theme “Collaborate-Innovate-Accelerate” immediately after the 59th AGM. The conclave witnessed the presence of prominent figures automobile industry, alongside participation from over 500 dealer members representing various regions of the country. The Conclave was inaugurated by Shri Nitin Gadkari, the honorable Union Minister of […]
The Federation of Automobile Dealers Associations (FADA) has released the vehicle retail data for June’23, revealing positive trends in the auto retail industry. Auto retail sales in June demonstrated a 10% year-on-year (YoY) growth, showcasing positive performances across all vehicle categories, including 2W, 3W, PV, Tractor, and CV. The respective growth rates for these categories […]
Operating margins to expand by ~150-200 bps in FY 2024 with favourable product mix and stable movement in input prices ICRA pegs domestic tyre demand growth at 6-8% for FY 2024, supported by stable growth in the replacement segment and sustained demand momentum in the OEM segment. ICRA expects the demand momentum in the OEM […]
In March 2023, total vehicle retail experienced a 14% year-on-year increase while FY 2023 was the first full year without any impact of the pandemic The Federation of Automobile Dealers Associations (FADA) released vehicle retail data for March 2023 and FY 2023 in April. Commenting on how March 2023 performed, FADA President Manish Raj Singhania […]
At the event, Dr. Pawan Goenka, Chairperson of INSPACe – Department of Space, Government of India, was presented a Lifetime Achievement Award for his enormous contributions to the Indian automotive industry The 12th edition of the Auto Summit 2023, a biennial flagship convention of the Federation of Automotive Dealers Association (FADA), was held in New […]
The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for January 2023, indicating that the total vehicle retail for January grew by 14% year-on-year (YoY). All categories were in green with two-wheelers, three-wheelers, passenger vehicles, tractors and commercial vehicles growing by 10%, 59%, 22%, 8% and 16%, respectively. While the two-wheeler segment […]
The Federation of Automobile Dealers Associations (FADA) hosted the fourth edition of the Auto Retail Conclave on the theme of ‘Success Through Synergy’. The conclave witnessed the presence of automobile industry stalwarts from Indian and global automobile Manufacturers, along with over 300 dealer members from across the nation. Under the leadership of FADA President Manish Raj Singhania, the conclave witnessed the […]
Federation of Automobile Dealers Associations (FADA), the apex national body of Automobile Retail in India announced the outcome of Dealer Satisfaction Study 2022 results which was undertaken in association with PremonAsia, a consumer-insight led consulting & advisory firm based out of Singapore. Commenting on the release of the study, FADA President, Mr. Manish Raj Singhania […]
Automotive retail has still not recovered from the jitters of the pandemic. When compared with May 2019, total vehicle retail was down by -10%. Except PV and tractor which continues to show growth of 11% and 33%, all the other categories like 2W, 3W and CV fell by -14%, -19% and -11%, respectively The Federation […]
While the automobile sector is yet to shrug off the effects of the pandemic, all categories were in green and two-wheelers, three-wheelers, commercial vehicles and passenger vehicles as well as tractors were up by 38%, 96%, 25% and 26%, respectively The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for April 2022, […]