Covid-19 impact: Automobile dealers seek financial support from OEMs, govt

Former FADA President and President Automotive Skills Development Council ( ASDC) Nikunj Sanghi said OEMs have given support packages that were already due to the dealers

Automobile dealers are seeking immediate financial support from car manufacturers and the government to tide over the current challenging business environment.

Already facing heat due to a prolonged slowdown in the industry and a sizeable unsold BS-IV stock, the dealers are now faced with the challenge of retaining their workforce and sales infrastructure with coffers running dry due to the ongoing nationwide lockdown.

Automobile dealers' body Federation of Automobile Dealers Associations (FADA) President Ashish Harsharaj Kale told PTI that they are counting on support form the OEMs to sustain their businesses in this difficult situation.

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