Live Breaking News & Updates on Federation Of Dealers Association

Stay updated with breaking news from Federation of dealers association. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

PV sales: Surge in COVID-19 cases to hit passenger vehicle sales, 11% drop on the cards in April

Synopsis
Retail sales will see a more sharper fall this month at 1.5-1.8 lakh units. This is not even 55 per cent of the sales reported in March 2021, says Vinkesh Gulati, president of the Federation of Dealers Association.
ThinkStock Photos
Passenger vehicle sales are expected to fall by 11% in April at 2.85 lakh units compared to March 2021, as the surge in Covid 19 cases has put a brake on sales that were witnessing an upward spike until 2-3 weeks ago.
While that expectation has taken a hit, industry experts hope for a quick turnaround when the pandemic situation improves, as was seen after the first wave last year. ....

Shashank Srivastava , Maruti Suzuki , Vinkesh Gulati , Tata Motors , Federation Of Dealers Association , June Tata Motors , Pv Sales , Mg Motors , Suzuki Motor , Passenger Vehicles , Hector Suv , ஷாஷாங்க் சிரிவாஸ்தவ , மாருதி ஸஸூகீ , டாடா மோட்டார்கள் , பி.வி. விற்பனை , மிகி மோட்டார்கள் , ஸஸூகீ மோட்டார் , பயணிகள் வாகனங்கள் , ஹெக்டர் சூவ் , சர்வதேச பரவல் ,

Teji Mandi Explains: April forecast suggests grim outlook for auto industry

Teji Mandi Explains: April forecast suggests grim outlook for auto industry
Mike
The auto industry has once again come under the impact of the surging number of COVID-19 cases.
As per the Federation of Dealers Association, passenger vehicle sales are likely to fall by 11% in April at 2.85 lakh units, compared to a month ago in March. Retail sales have seen a sharper fall of ~55%, and it is likely to be in the range of 1.5-1.8 lakh units in April.
Partial lockdowns and other restrictions have affected consumer sentiments. As a result, all the major PV makers have restricted their factory activities. ....

Maruti Suzuki , Tata Motors , Federation Of Dealers Association , Dealers Association , மாருதி ஸஸூகீ , டாடா மோட்டார்கள் , விநியோகஸ்தர் சங்கம் ,