New Delhi, Sept. 11 -- Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that the automobile retail sector serves as the critical interface between consumers and the industry, playing a vital role in ethical marketing, transparent financing and insurance, and seamless registration processes.

Addressing the inauguration of the Federation of Automobile Dealers Associations' (FADA) 7th Auto Retail Conclave and the 4th Finance & Insurance Summit, Goyal highlighted that the credibility of automobile companies rests significantly on how their dealers engage with and serve consumers.

He highlighted that with automobiles becoming more affordable, the benefits of the recently announced GST reductions will be passed on to con...