FADA welcomes PSC s recommendation for Franchise Protection Act for auto dealers financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Parliamentary panel suggests Franchise Protection Act for auto dealers: FADA
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Last Updated: Dec 22, 2020, 03:26 PM IST
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The Federation of Automobile Dealers Associations (FADA), which represents around 15,000 auto dealers across the country, in September advocated for the enactment of such a law in the country, after American cult bike manufacturer Harley Davidson announced its exit from India.
(Representational image)
Mumbai: A parliamentary panel headed by Rajya Sabha MP K Keshava Rao has recommended that the government should enact the Franchise Protection Act for automobile dealers in the country, industry body FADA said on Friday. It said that a fair competition Franchise Act will not only be a win-win for both the auto original equipment manufacturers (OEMs) and dealers, but will also be beneficial to customers in the long run, it said.
House panel seeks cover for car dealers The Federation of Automobile Dealers Association has been lobbying for a franchise protection act after Harley Davidson pulled out of the country leaving its dealers in the lurch
The Parliamentary Standing Committee (PSC) headed by K. Keshava Rao has recommended that the government should come out with a franchise protection act for auto dealers. This recommendation was part of suggestions made by the committee in its report “Downturn in automobile sector its impact and measures for revival”.
The Federation of Automobile Dealers Association (FADA) has been lobbying for a franchise protection act after Harley Davidson pulled out of the country leaving its dealers in the lurch.
PSC Recommends Formation Of Franchise Protection Law For Auto Dealers moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.