12th September 2019, New Delhi: The Federation of Automobile Dealers Associations (FADA), the apex national body of Automobile Retail, yesterday wrote to SIAM to upgrade Auto OEM’s market share calculations on basis of actual registrations which is found in Ministry of Road Transport & Highway’s Vahan Platform.
A letter written by FADA President Mr Ashish Harsharaj Kale to SIAM President Mr Rajan Wadhera requesting him to initiate this much needed reform is attached with this release.
It should be noted that during FADA’s 2nd Auto Retail Conclave, Mr. Kale in his inaugural speech had requested Mr Wadhera that Auto OEMs should upgrade to actual registrations instead of wholesale dispatches to calculate market share which is a worldwide norm and also a strong need of the Dealer Community.
This sentiment was also voiced by many other Senior Industry Captains at both SIAM as well as ACMA events as reporting retail registration numbers will help all the Stake Holders of the Industry in efficient Inventory Management and keep us better prepared in these Dynamic Times.
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