Page 2 - Auto Dealers

Auto dealers looking at rationalisation of infrastructure, manpower: FADA

Kia Motors and Toyota Kirloskar Motor met expectations of their dealers better than other companies in the passenger vehicle segment during the Covid-19 lockdown, FADA said

Rising sales numbers not a reflection of ground reality, say auto dealers

Dealers say that with more job cuts and salary reduction, banks and NBFCs have become more cautious

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

Covid-19: Maruti reopens 600 dealerships, introduces norms across outlets

The auto major said it has put in place a comprehensive standard operating procedure (SoP) across its sales outlets and reinforced digital infrastructure for vehicle purchase amid COVID-19 pandemic

How auto firms plan to woo customers, motivate sales staff post lockdown

As India eases some restrictions and many automobile dealerships restart operations after over a month of keeping their shutters down, what will be the primary target for brands?

After a washout month, automobile industry seeks resumption of business

All manufacturers reported zero sales in April as factories and dealerships were shut

After a month of zero sales auto dealers gear up to get back into business

Manufacturers have sent out SOPs and norms dealers must follow before starting operations; Maruti and Hyundai have already opened a few outlets, others are awaiting permission

A month after lockdown, auto dealers making first moves to get back to biz

Dealers located in green zones as specified by the government are applying for permission under the Shops and Establishments Act to reopen their showrooms.

Covid-19 lockdown: Labour, stockpile make carmakers delay production

Supply chain glitches and unavailability of labour also a deterrent

Auto dealers fear heavy losses with BS-IV inventory stuck due to Covid-19

The dealers can only sell BS-IV inventory till April 24, under the current situation. The SC had said the relaxation was not for the Delhi-NCR region, making dealers of the area particularly tense

Automobile dealers move SC to sell BS IV inventory beyond April 1 deadline

Federation of Automobile Dealers Associations (FADA) members are operating on 3-5 per cent gross margins of the cost of the vehicles

High festive-season discounts bring much-needed respite to auto dealers

Retail sales of passenger vehicles - largest component of the pie - jumped 11% in Oct

Dealers threaten legal action against UM Motor's JV company in India

According to Fada, automobile dealers have incurred a total estimated capital loss of around Rs 150 crore, and around 2,500 jobs have also been affected

Auto dealers unsure of a revival in consumer sentiment in festive season

A slump during the festive season would eliminate any chance of revival of the auto sector this financial year

Carmakers eye subscription, leasing to offset dwindling dealership sales

These new business models have been driven by the changing dynamics of transportation and vehicle ownership

SBI tightens lending terms for auto dealers as sector sees downturn: Source

As part of the revised terms, the country's largest bank by assets has decided to halt lending to dealers of Hyundai Motor India unless they provide a minimum of 25% collateral

Now auto dealers asked to report transcations above Rs 2 lakh

Directorate of Income Tax S S Rana had said that motor vehicle dealers would have to mandatory quote their PAN number of buyers