Spinny partnered with the Federation of Automobile Dealers Associations (FADA) at the 8th Auto Retail Conclave 2026 in New Delhi, where industry stakeholders discussed changes in auto retail, vehicle exchange and mobility.
Held under the theme ‘Bharat in the Driver’s Seat – Inclusive Mobility, Inspired Growth’, the conclave brought together policymakers, automotive industry executives, dealers and ecosystem partners. Union Minister for Heavy Industries and Steel H D Kumaraswamy and Additional Secretary, Ministry of Road Transport & Highways, Mahmood Ahmed, were among the speakers.
Gurveen Bedi, senior vice president, Spinny, spoke about the role of vehicle exchange in auto retail and the need to improve value for customers selling their used cars.
“We need to help consumers get the best price for their used cars. That’s where the Spinny ecosystem comes in — when consumers get better value, everyone benefits,” Bedi said.
Spinny said it currently buys and sells around 15,000 cars a month and works with new- and used-car dealerships and OEMs. Its operations cover vehicle buying and selling, refurbishment, retail, auctions and servicing.
Bedi also highlighted the potential for dealerships to improve the economics of their used-car operations. Under Spinny’s exclusive partnership model, the company said dealerships can unlock up to 3% additional value on a vehicle by addressing costs and operational leakages across the used-car lifecycle.
Spinny currently works with OEMs including Tata Motors, Nissan, Kia and Tesla and plans to add more brands to its exchange ecosystem.
The conclave also discussed the growth of electric mobility and the supporting ecosystem required for its adoption. Participants highlighted the need for greater consistency in EV policies across states, as well as easier access to charging infrastructure, electricity and related approvals.
Kumaraswamy stressed the importance of keeping customers at the centre of the evolution of mobility, while Ahmed highlighted India's progress in vehicle standards and the need for dealerships to adapt to a more integrated customer experience.
FADA president Sai Giridhar Raj Kumar said the next decade would bring changes in automobile retail driven by technology, consumer expectations, business models and mobility solutions. He added that dealerships would continue to act as a link between automakers and consumers.
The partnership with FADA is part of Spinny’s efforts to work with dealerships and OEMs on its vehicle exchange proposition and used-car operations.