Auto dealers mulling infra, manpower rationalisation: FADA

Auto dealer body FADA on Thursday said dealers were looking for rationalisation of their assets as well as manpower, especially in bigger cities, to tide over challenging business environment.

FADA said the stress was more on dealerships in bigger cities due to the prevailing situation, compared with outlets in smaller towns and rural areas.

“Dealers are looking at moving to smaller places with relatively low rent and also looking at rationalisation of manpower… to carry forward in these challenges times,” FADA President Vinkesh Gulati told reporters.

To keep the sector alive, FADA is also talking to auto companies to keep inventory in check during the festive season this year in order to avoid overstocking at dealer-end as witnessed in the last two years, he added.

“We are speaking to SIAM and auto companies to keep inventory in check during this festive season as we don’t want to [face the] same

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FADA: Auto dealers looking at rationalisation of infrastructure, manpower: FADA

New Delhi: Auto dealer body FADA on Thursday said dealers were looking for rationalisation of their assets as well as manpower, especially in bigger cities, to tide over challenging business environment.

The auto dealer body said the stress is more on dealerships in the bigger cities right now due to the prevailing situation as compared with outlets in the smaller towns and rural areas.

“Dealers are looking at moving to smaller places with relatively low rent and also looking at rationalisation of manpower in order to carry forward in these challenges times,” FADA President Vinkesh Gulati told reporters.

In order to keep business sustainable, FADA is also talking to auto companies to keep inventory in check during the festive season this year in order to avoid over stocking at dealer-end as witnessed in the last two years, he added.

“We are speaking to SIAM and auto companies to keep inventory

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Auto dealers looking at rationalisation of infra, manpower: FADA

New Delhi, Sep 24 (PTI) Auto dealer body FADA on Thursday said dealers were looking for rationalisation of their assets as well as manpower, especially in bigger cities, to tide over challenging business environment.

The auto dealer body said the stress is more on dealerships in the bigger cities right now due to the prevailing situation as compared with outlets in the smaller towns and rural areas.

‘Dealers are looking at moving to smaller places with relatively low rent and also looking at rationalisation of manpower in order to carry forward in these challenges times,’ FADA President Vinkesh Gulati told reporters.

In order to keep business sustainable, FADA is also talking to auto companies to keep inventory in check during the festive season this year in order to avoid over stocking at dealer-end as witnessed in the last two years, he added.

‘We are speaking to SIAM and auto companies

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New row: FADA claims stocks building up, car-makers say no

After sparring over market share numbers, the Federation of Automobile Dealers Associations (FADA) and OEMs are at loggerheads over inventory levels. While FADA says dealerships are carrying too much stocks, automakers don’t think so.

“It is clear from the wholesale numbers (provided by SIAM) and retail sales data (provided by FADA) that while OEMs are showing a growth in their sales, at the retail level, these number of vehicles are not being sold to the end customers. The gap in between is creating an excess inventory at dealers end,” Vinkesh Gulati, President, FADA, told BusinessLine.

 

According to SIAM data (of wholesale despatches), in August passenger vehicle sales were up 14.16 per cent year-on-year, while FADA numbers (tracking actual sales to customers) show that PV sales fell by 7.12 per cent. Similarly, in the two-wheeler segment, going by SIAM numbers, sales were up 3 per cent y-o-y in August, while

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