Apex automobile retail body FADA today held its second Auto Retail Conclave in New Delhi. The well-attended event saw the participation of the heads of industry bodies SIAM, ACMA, FADA and the Australian Dealers Association, and also dealers from some of the farthest corners of the country like Jammu & Kashmir, Assam, Sikkim, Manipur and Nagaland.
The conclave expounded the support of Ministry of Road Transport in achieving transparency in vehicle registration, across segments and in different states, giving a clearer picture of the retail sales figures. FADA reiterated the need of the entire automotive industry to move to market share, by way of vehicle registration, which is accepted internationally and for the betterment of industry. Additionally, FADA expects the latest government measures to take effect soon and reverse the ongoing slowdown.
Welcoming all the members from the entire automotive ecosystem, Ashish H Kale, President, FADA said, “Despite the current challenges, the dealer business is a long-term business, which has supported generations of automobile business and the employees and we will continue to do so. Having faced an unexpectedly challenging situation, the Auto Retail Conclave today has deliberated on issues, which will strengthen our community and make us future-ready. FADA and its members are not afraid of the changing landscape of the mobility solutions of our nation. We will wholeheartedly adapt to the changes and support the vision of our government in becoming a strong self-reliant nation.”
He further added, “We hope the festive season will be better in terms of sales and this will have a positive effect on job recoveries. FADA over the past few months, has played an important role in impacting the policy decisions that affect the industry and the aspirations of over 15,000 dealers operating from 25,000 setups, directly employing over 25 lakh employees. We believe the current slowdown that the industry is facing is just a temporary blip and with joint effort from the automobile ecosystem that includes OEMs, component manufacturers along with the dealer community and the government, we will soon be on the road to recovery.”
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