The automobile dealer association FADA has urged heavy industry minister Dr. Mahendra Nath Pandey to have proper exit guidelines for global automakers in India.
- FADA has urged heavy industry minister to have proper exit guideline for global automakers in India
- At 3rd auto retail conclave, FADA president the issue of exiting guideline of foreign automaker
- FADA will planning to held another meeting with heavy industry minister next month for matter
Federation of automobile dealer association FADA wants to have a proper exit guideline for global automakers, selling vehicles in the Indian market. The association urged the heavy industry minister Dr. Mahendran Nath Pandey to provide the betterment guideline for existing foreign automakers in India. The association has cited the exit of the biggest auto giant GM motors on existing in the Indian market. At FADA 3rd retail conclave held, the FADA president showcased the issue mentioning the GM motor completely exiting the Indian market. The biggest manufacturer globally but it failed to capture the interest of Indian customers.
The company exited the market very quickly and resulted in affecting many dealerships and millions of customers using their vehicles. The association raised the problem in front of the heavy industry minister and the prime minister. FADA has put some pressure on some of these companies, thus dealers are allowed to offer a better service to the existing customers for another two years. It is also reported that this problem also happens to UM Lohia, MAN truck bus, and Harley Davidson. While talking about Harley Davidson, it tied the knot with Hero MotoCorp for their Indian operations.
While for the last two years existing customers have been unsure about their vehicle’s future in India. With the deal, the surety has been given to customers. If any company or manufacturer decides to quit the market overnight, the customers and dealerships are stranded without any hope, which is also a bigger problem for the automaker. FADA will hold another meeting against the same topic with the heavy industry minister next month. If proper guidelines are indeed set up it would ease the dealership and customer transition to have proper services, maintenance, and body parts for a while afterward.