Mindblown: a blog about philosophy.
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Supreme Court pulls up automobile associations for flouting orders on BS-IV vehicles
The Supreme Court dismissed vehicle associations, including the Federation of Automobile Dealers Association (FADA). The dealership allegedly violated the exemption orders for the sale and registration of BS-IV vehicles. A bench of justices S Abdul Nasir and Justice Indira Banerjee chaired by Justice Arun Mishra is considering exemption in the sale and registration of vehicles.…
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Lockdown: Drastic fall in vehicle registration in April, May in Maharashtra
Vehicle registrations for Maharashtra RTOs have dropped significantly in the last two months following the lockdown. In the same month last year, there were only 27,278 vehicles registered compared to more than 4 lakh vehicles. This is less than seven percent of the total number of vehicles registered for the same period last year. According…
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Maruti Suzuki, MG Motor only firms to offer 5% average fixed dealer margins
Currently, only Maruti Suzuki India and MG Motors offer average dealer margins of five percent in the mass segment, which is less than 7 percent of the selling price that automotive dealers demand from automakers. According to a recent survey by the Federation of Automobile Dealers Association (FADA), average fixed dealer margins in India are…
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Import restrictions on Natural Rubber will turn tyre Industry uncompetitive, says ATMA
Communications with the Executive Director of the Automotive Tire Manufacturers Association (ATMA) said the current regulatory requirements for natural rubber imports could adversely affect the tire industry, which is facing an unprecedented crisis. Domestic production of natural rubber is very low and can meet only 60 per cent of demand. Imports are essential for the…
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UK: Car dealership motors out of virus lockdown
Businesses at the Vauxhall Car Showroom in Chingford, north-east of London, are pushing ahead of the UK’s lockdown limits this week in the area affected by the coronavirus. Car dealerships in England have reopened as the UK government eases into the Covid-19 measures that have broken the industry and reversed the economy. “When we reopened,…
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