0 Comments The second wave of the Covid-19 pandemic is having a massive impact across India. While the first wave last year was somewhat limited to urban regions, this time around it has affected the rural markets as well. This spells bad news for the domestic auto industry, which depends on rural sales to buffer slackening demand in urban India.
Car and SUV sales have seen a MoM decline of 25.33 percent in April
Bike and scooter sales dropped by 27.63 percent MoM in April
Lockdowns in various states has resulted in lean sales in May so far As per the latest data shared by the Federation of Automobile Dealers Association (FADA), the overall sales in April were 11,85,374 units a decline of 28 percent over the month of March. Interestingly, tractor sales which have for long shown resilience too have seen a double-digit decline.
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Covid-19 pandemic: FADA Maharashtra raises Rs 10 lakh for fitting 250 oxygen tankers with GPS devices
The oxygen tankers will be monitored by the Maharashtra transport department on a single dashboard, which has been set up at Transport Commissioner s office.
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FADA has raised Rs 10 lakh to support Covid-19 relief efforts.
With the country battling the second wave of the Covid-19 pandemic, FADA Maharashtra has raised Rs 10 lakh for fitting GPS devices in as many as 250 oxygen tankers to monitor their movement.
The decision to fit GPS devices in oxygen tankers was made following a meeting between FADA Maharashtra Chairperson Amar Jatin Sheth and Maharashtra Transport Commissioner Avinash Dhakane.