Thu, Sep 12, 2024
The PM e-DRIVE scheme is a Rs 10,900 crore initiative promoting electric vehicle adoption in India, supporting EV subsidies, infrastructure development, and the deployment of e-buses, e-ambulances, and fast chargers nationwide.
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Fri, Jul 12, 2024
"We are expecting that the government should come up with a FAME 3 like policy... Good schemes like PLI are already in place, which we are sure will continue," SIAM President Vinod Aggarwal told reporters here.
Tue, Jun 18, 2024
With the vision of launching a next-generation walling solution for the Indian market, the joint venture has invested around Rs. 65 crore in setting up a 2.5 lakh cubic meter per annum capacity project including India’s first AAC Wall Plant at Kheda district near Ahmedabad (Gujarat).
Mon, Mar 20, 2017
Bajaj Auto told the SC that the implementation of BS IV norms was notified by the government in April 2014 and automakers had enough time to shift to cleaner fuel norms.
Mon, Mar 13, 2017
The segment saw a 40.8% growth in sales during the year as it grew to 50,097 units in February 2017.
Fri, Mar 10, 2017
Two-wheelers continue to reel under demonetisation impact as February 2017 saw sales decline by 0.01% decline in comparison to the same month last year.
Car sales missed the double-digit growth mark in February. Two-wheeler sales however saw a great improvement during the month.
Wed, Mar 08, 2017
SIAM rejects request to urge government to defer the BS-IV emission norms on April 1.
Wed, Feb 22, 2017
Despite the government giving a year for automobile companies to follow the BS-IV emission norms, many continue to ask for an extension in the deadline.
Sun, Feb 19, 2017
The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Prior to that, FPIs had invested over Rs 20,000 crore in the capital market in September 2016.
Fri, Feb 17, 2017
Bajaj Auto's MD Rajiv Bajaj has recently said that the government's deomonetisation idea itself is wrong and its execution should not be blamed.
Mon, Feb 13, 2017
All three cars posted an over 20% growth in sales during the month and were leaders in the segment during January 2017.
Fri, Feb 10, 2017
Despite SIAM showing a recovery in passenger vehicle sales in January, a closer look shows the recovery is only for the top 5 car makers in India.
Thu, Feb 09, 2017
Fiat India sold only 288 units in January 2017 as against 630 units in January 2016.
After the biggest fall in December since April 2015, car sales shake of demonetisation blues to post 11% growth in sales.
Mon, Jan 16, 2017
Luxury cars priced under Rs 25 lakh saw a over 230% growth in sales in December compared to the same month last year.
Sun, Jan 15, 2017
India's automobile exports across categories fell 5 % in 2016 dragged down by lower sales of two and three-wheelers in various markets, including Latin America and Africa.
Wed, Jan 11, 2017
Tata Nano posted the highest month-on-month sales growth among all Tata Motors cars in December.
Tue, Jan 10, 2017
December two-wheeler sales saw the biggest fall ever, said Vishnu Mathur of SIAM.
Tue, Jan 03, 2017
Two-wheeler sales, specially those of motorcycles, have taken a beating in the aftermath of demonetisation as demand from the widely cash-based rural market nosedived.
Sat, Dec 31, 2016
2016 has been a bumpy road for automobile companies in India. While the year started at a low, it shifted gears in the months of July, August and September. These hopes, however, were dashed at the end of the year by the impact of demonetisation.
Tue, Dec 27, 2016
The IT department has send notices to car dealers asking them for information on the sales of luxury cars from November 8 onwards.
Sun, Dec 25, 2016
Maruti Suzuki on Friday announced that it has bounced back from the impact of demonetisation in December by posting a growth in bookings of 7% till date. This after bookings had declined by 20% in November post demonetisation.
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