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Rail Budget to enhance auto industry usage of railways: SIAM

Last Updated: Wednesday, July 09, 2014, 10:36

Several measures announced in the Rail budget such as enhanced port connectivity and setting up of private freight terminals will enhance auto industry's utilisation of railways for vehicle transportation and reduce cost of operations, industry body SIAM Tuesday said.

SIAM asks govt to continue low excise, give export incentives

Last Updated: Tuesday, June 17, 2014, 19:13

In the interim Budget, excise duty on small cars, scooters, motorcycles and commercial vehicles were cut to 8 percent from 12 percent earlier.

Domestic car sales up 3.08%, bikes 11.71% in May

Last Updated: Tuesday, June 10, 2014, 11:13

Domestic passenger car sales grew by 3.08 percent to 1,48,577 units last month as compared with 1,44,132 units in May 2013.

Domestic car sales down 10.15% in April, biggest dip in a year

Last Updated: Friday, May 09, 2014, 10:53

"This is the biggest decline since May 2013, when car sales dropped by 11.7 percent," SIAM Deputy Director General Sugato Sen told reporters here.

Car sales down for 2nd year running; job loss pegged at 1.5 lakh

Last Updated: Friday, April 11, 2014, 10:54

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales in FY14 stood at 17,86,899 units as compared to 18,74,055 units in the previous fiscal.

Car sales to grow up to 9% in India in 2014: JD Power

Last Updated: Tuesday, March 11, 2014, 19:00

An expected improvement in buying sentiment post the general elections would also lift the car sales, it said.

Auto industry slump continues; car sales drop 7.59% in January

Last Updated: Tuesday, February 11, 2014, 22:08

Car sales in India fell for the fourth straight month in January this year with a decline of 7.59 percent, prompting industry body SIAM to seek government support in the upcoming interim Budget.

Annual auto sales witness first decline in 11 years

Last Updated: Sunday, February 09, 2014, 11:47

According to the Society of Indian Automobile Industry (SIAM), domestic car sales last year fell to 18,07,011 units from 19,98,703 units in the previous year.

Auto industry goes pedal to the metal at Auto Expo 2014

Last Updated: Saturday, February 08, 2014, 19:04

What was impressive was the faith of the OEMs in the potential of the Indian automobile market and this was just what the doctor ordered in debilitating circumstances.

Auto Expo 2014 expected to revive auto industry: CII

Last Updated: Friday, January 31, 2014, 09:43

The 12th edition of the Auto Expo, jointly organized by CII, SIAM and ACMA, accredited by OICA and due to begin in the first week of February is expected to revive the auto industry and give a fillip to the Indian economy.

Hopes pinned on Auto Expo to reignite demand, push sales

Last Updated: Thursday, January 30, 2014, 18:33

Amid economic slowdown, Auto Expo, the biggest spectacle in the Indian automobile sector, will begin next week with the industry hoping for a reignition of demand through the show which will see 70 new unveilings.

Annual auto sales witness first decline in 11 years

Last Updated: Thursday, January 09, 2014, 13:48

Annual car sales in India declined for the first time in 11 years in 2013, posting a 9.59 percent dip, as the auto industry reeled under a prolonged demand slump due to the economic slowdown.