Phada Stock Call-ups warns, dealer finds a list discipline by automakers to protect viability

 

New Delhi | Mumbai-India’s automobile dealers on Tuesday warned that they have been damaging business viability in the “dead list, thin margins and expensive training” departments that they have flagged out unchanged stocks for their financial health.Federation of Automobile Dealers Association (FADA) Chairman C.S. Vigneshwar addressed the 7th Auto Retail Conclave in New Delhi on Wednesday. He said, “The dealer equals viability. Without a feasible dealership, consumers cannot get continuous solutions. Therefore, we ask for OEMs for the discipline of the list of transitions, not as much stocks,” he said.

According to the FADA’s 225 dealer solution survey, the quality of the product in this area is strong, but the viability and policy support of the business is the maximum list of most pain points.

He said that high stock level margins are reduced when dealers are facing transition prices of electric mobility and digitalization, he said.

Welging the extensive simplification of indirect taxes in accordance with GST 3.2, he warned that the dealers have been exposed as the compensation cess from September 7 was withdrawn.


The dealers are already worried about the dealers they paid on the vehicles sent by the factory or on the dealership to the dealership, but will be sold only after September 22, when it will be charged in accordance with the government’s announcement earlier this month. “Thousands of crores will be sold.” He urged the vehicle holders and the government to give a proper transition mechanism. The Sessi statistics shared by the FADA showed the estimated laser balance of the government with the government, he said. Despite a large list of vehicles with high cess components, the CESS balance explains why only Rs.

Since automakers are not currently billing for dealers with a new list, any sales by dealers will reduce the sauce balance till September 22.

Former FADA President Manish Sinhania explained: “Even though I have sold Mahindra vehicles, my cessed balance is only Rs 35 lakh today, which is usually the highest number of LKHS, which is why OMS is introducing the propagandist schemes – to help the vendors to clean their seas’ balance before September 7.”

However, due to the ongoing ominous faith period, there is a challenge to clean the list, during which the customers, especially in North and East India, have a tendency to avoid distribution.

A Maruti Suzuki dealer said that automobiles are supporting sellers by making high margin offers after September 22 and offering high margins to clean up cess. Nevertheless, he expressed concern over the weak demand during the faith period.

Although they will not bill dealers by September 22, some companies have continued production. These companies are renting new stockyards in their factories, in the existing yard and their manufacturing units. This is being done to ensure adequate availability of stock during the upcoming festival season when consumers are expected to pick up the demand.

The dealers also pointed out that customers are under pressure from their margin because of the most discounting. Automachers need to be disciplined on discount methods to ensure healthy dealership operations, he said.

Vigneshwar pressured the strong auto dealers protection law to ensure the incentives of the OEM -Dealers agreement, rapid approval and simplified compliance as well as the encouragement of sellers to invest in infrastructure, training and redevelopment circumstances.

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