Job losses in dealerships could be worse than 2019's auto slowdown: FADA

Between May and July last year, the automobiles dealerships across the country shed around 200,000 jobs to tide over the impact of an unprecedented sales slump

Automobile dealers' body FADA fears that the coronavirus pandemic could result in job losses in dealerships which could be worse than what was experienced last year when over 200,000 jobs were lost due to a prolonged slowdown in the automobile industry, according to a top federation official.

The Federation of Automobile Dealers Associations (FADA), however, said a clear picture will emerge only after the end of this month when it will roll out a survey to understand how its dealer members are planning with regards to reduction of outlets and manpower.

When asked if there is a fear that there could be