SEARCHED FOR:SUGATO SEN
SIAM white papers on hybrid, alternative fuel vehicles soon
SIAM had earlier submitted a white paper on electric vehicles to the Ministry of Heavy Engineering.
What the auto sector expects from the 2018 budget
Society of Indian Automobile Manufacturers (SIAM) has recommended that the government resto...
Automobile industry wary of states increasing road tax, which is outside GST
If state governments start raising local levies, the price benef...
Passenger vehicle sales in India to grow 7-9 per cent in FY18: SIAM
"Moreover, oil prices are also expected to remain higher which would contribute to the increasing cost of ownership and likely to negatively impact sales in 2017-18," SIAM Deputy Director said.
Auto industry asks government for rupee trade with African nations
The industry has also asked for negotiating FTAs with more Latin American countries like Chile, Peru and Colombia to boost exports.
Siam cuts passenger vehicles growth forecast due to infrastructure cess
Siam cut the growth forecast for passenger vehicles sales for the ongoing and next fiscals, expecting demand to suffer due to infrastructure cess.
Passenger vehicle sales may grow 6-8% in FY 2015-16: SIAM
Auto makers had sold more than 2.6 million passenger vehicles in fiscal 2015, a 3.9 per cent increase from the year before.
Auto industry concerned as interest in India-EU FTA revives
The demand of the EU to reduce import duties on fully imported vehicles will be unfair to automobile makers from Japan, Korea and the US which have made huge investments in India.
Car sales surge 7% in February on better consumer sentiment
While car sales were firm in February, dwindling rural demand sent the crucial two-wheeler segment into the negative territory.
Diesel car sales pie halves to 26% in four years
From nearly one in every two cars sold around four years back, the share of diesel cars in total sales has now come down to just a quarter -or one in four.
Expect over 100 product unveilings and 24 launches at the Auto Show
The biennial auto show, being held in Greater Noida in Delhi NCR from February 9 to 14, will also see new technologies being showcased.
SIAM seeks R&D incentive in Budget, support for EV parts import
"When the government reduced the weighted tax deduction, it was stated that the corporate tax rate would be reduced from 30 per cent to 25 per but that hasn't happened," SIAM Deputy Director General Sugato Sen said.
Auto sales to end FY18 on a high
Vehicle sales across categories rose 8.39% to 2,37,39,780 units in 2017. The automobile industry has largely been able to recover from the effects of demonetisation, Sen said.
Passenger vehicle sales decline in October
Two-wheelers dropped by 2.76% to 17,50,966 units. While demand for scooters remained nearly flat at 5,71,431 units, that of motorcycles dipped by 3.50% to 11,04,498 units.
September commercial vehicles' sales rise fastest in 6 years, hint at economy rebound
Commercial vehicle sales are often seen as an indicator of economic growth. This could be indicative of a recovery in the economy, provided there are no more disruptions.