Sunday, September 22, 2019
News

FADA asks SIAM to upgrade market share calculation by way of registrations

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | September 12, 2019 5:11:43 PM IST
The Federation of Automobile Dealers Associations (FADA) has asked the Society of Automobile Manufacturers (SIAM) to upgrade its market share calculations on the basis of actual registrations, which are found at the Ministry of Road Transport and Highway's Vahan platform.

FADA president Ashish Harsharaj Kale wrote to SIAM president Rajan Wadhera, saying that it was a much-needed reform for the industry.

During the recent FADA's second Auto Retail Conclave as well, Kale in his inaugural speech had requested Wadhera that auto original equipment manufacturers should upgrade to actual registrations, instead of wholesale dispatches, to calculate the market share which is a worldwide norm.

The sentiment was echoed by many other senior industry leaders who said that reporting retail registration numbers will help all stakeholders in efficient inventory management and brace up during challenging times. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Gavaskar, Shetty join US company as amba...
US visit will present India as global le...
Take your Business to New Heights with t...
Supply shortage sends onion prices soari...
Modi govt unrolls Rs 1.45 lakh cr tax bo...
Tax cuts may impact fiscal deficit, cape...
More...
 
INDIA WORLD ASIA
ED attaches 3 chimpanzees, 4 marmosets w...
Readyfor debate with Congress and DMK ov...
Azam Khan's wife gets bail in electricit...
Amritsar Police holds meeting with Dussh...
Will raise pro-people issues during ass...
Those who cannot accept Vande Mataram ha...
More...    
 
 Top Stories
Odisha: Herd of wild elephants crea... 
Fashion show organised in Vadodara ... 
Odisha: Herd of wild elephants wrea... 
Miley, Kaitlynn not in romantic rel... 
Thunderstorm damages Delhi-Vijaywad... 
MoD warns against fake WhatsApp gro... 
CBI searches for Kumar in private h... 
Rupa Gurunath set to be new preside...