Automobile dealers expect manufacturers to support them in restarting business and improving profits after a nationwide lockdown to contain the coronavirus outbreak, said an industry association on Thursday about the findings of its survey.
The Federation of Automobile Dealers Associations (FADA) said its study found many original equipment manufacturers (OEMs) "came forward during these testing times and offered support to dealers with various means. While some dealers were better off, some received almost nothing in such trying times."
OEMs like Kia, Toyota and Audi "fared comparatively better" in the passenger vehicles' categories while Hero MotoCorp was ahead in the two-wheeler segment.
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