Thanks to the initiative of the Federation of Automobile Dealers Associations (FADA) Maharashtra, the State Transport Department has made the vehicle registration process completely paperless.FADA had been involved in discussions with the State Transport Department to implement new rules that would reduce the risk of infection during the ongoing Covid-19 pandemic.
With monthly auto registrations falling by 55% and by a whopping 71% over May 2019, the Federation of Automobile Dealers Associations (FADA) requested prime minister Narendra Modi to instruct Reserve Bank of India (RBI) to grant moratorium for auto dealers and release guidelines for relaxation of loan re-payment equivalent to number of days of lockdown each state has been declaring
According to data released by the Federation of Automobile Dealers Associations (FADA), Vehicle Retail sales fell by 54.79% in May 2021 compared to April 2021.