dealers

india auto inventory: The curious case of 300,000 missing cars: It is automakers vs dealers in inventory mystery

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india auto inventory: The curious case of 300,000 missing cars: It is automakers vs dealers in inventory mystery

Carmakers and their dealers are battling each other over inventory levels amid slowing demand. The Federation of Automobile Dealers Associations (FADA) says their members are carrying stock equivalent to over two months of sales, that is, 730,000 units. Carmakers argue it’s about half that — 400,000-410,000 units. FADA has written to the Society of Indian … Read more

Auto dispatches scale new peak as dealers stock up post year-end sales

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Auto dispatches scale new peak as dealers stock up post year-end sales

Automakers dispatched 393,074 units of cars, utility vehicles and vans last month, a 14% increase from a year earlier and the highest on record, as dealers restocked inventories depleted during year-end sales promotions. As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), the previous record for passenger vehicle sales was 391,811 … Read more