FADA: Calculate market share on basis of actual registrations

Federation of Automobile Dealers Associations (FADA) has written to the Society of Indian Automobile Manufacturers (SIAM) to ask OEMs to calculate market share on the basis of actual vehicle registrations found in the Vahan platform.

In his letter to SIAM, FADA President Mr. Ashish Harsharaj Kale has requested the auto industry to shift to the new system, which is also the norm followed elsewhere in the world.

It is said that it would have been easier to predict the slowdown, which the auto sector is currently facing, if retail numbers had been reported instead of factory dispatches.