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  • Car sales up 2.46% in 2014; SIAM sees FY15 growth at 1% Jan 09, 2015 06:55 PM IST

    Car sales up 2.46% in 2014; SIAM sees FY15 growth at 1%

    In December, the country's largest carmaker Maruti Suzuki India posted a growth of 11.5 percent in its domestic sales at 81,564 units as against 73,155 units in the same month previous year.

  • Auto firms pitch for continuation of excise duty relief Nov 30, 2014 04:27 PM IST

    Auto firms pitch for continuation of excise duty relief

    Car makers have asked the government to extend excise duty relief, which is ending on December 31, saying removal of this incentive could push the industry into a negative territory.

  • India may extend tax breaks for auto firms beyond Dec 31 Nov 27, 2014 03:19 PM IST

    India may extend tax breaks for auto firms beyond Dec 31

    "Car sales are down. The government could extend tax relief to the auto sector beyond Dec. 31," the source said on condition of anonymity.

  • Domestic car sales dip 1.03%, bikes up 19.34% in Sept Oct 13, 2014 01:06 PM IST

    Domestic car sales dip 1.03%, bikes up 19.34% in Sept

    Vehicle sales across categories registered an increase of 20.44 percent to 19,04,007 units from 15,80,933 units in September 2013, according to SIAM data.

  • Domestic car sales up 15.16%, bikes 14.45% in August Sep 10, 2014 01:30 PM IST

    Domestic car sales up 15.16%, bikes 14.45% in August

    According to the data released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales in August this year stood at 1,53,758 units as compared to 1,33,513 units in the same month of 2013.

  • Why Modi's 100-days in power are worth celebrating Aug 27, 2014 12:38 PM IST

    Why Modi's 100-days in power are worth celebrating

    The present government's effort to expedite major reforms and their successful implementation could push India's gross domestic product (GDP) to over USD 4.5 trillion by FY20, a Dun & Bradstreet report last week said.

  • SIAM sees growth in autos only after GDP recovers to 6% Mar 10, 2014 01:13 PM IST

    SIAM sees growth in autos only after GDP recovers to 6%

    Speaking to CNBC-TV18's Siam president Vikram Kirloskar said the two-wheeler space has improved tremendously and so have exports. "The auto sales are a mixed bag, while commercial vehicles continue to slow down," he said.

  • Carmakers fear EM gloom could overshadow European rebound Mar 04, 2014 09:38 PM IST

    Carmakers fear EM gloom could overshadow European rebound

    After a six-year sales slump, Europe's car market is finally showing signs of recovery as even the countries hardest hit by the euro zone debt crisis move out of recession. Industry data on Monday showed car sales in Germany, Italy and Spain rose last month, although they dipped in France.

  • Industry pins hopes on Auto Expo; 70 models to be showcased Jan 30, 2014 06:59 PM IST

    Industry pins hopes on Auto Expo; 70 models to be showcased

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

  • Optimistic on India; 2014 to be better than 2013: Nissan Jan 23, 2014 04:59 PM IST

    Optimistic on India; 2014 to be better than 2013: Nissan

    Carlos Ghosn, President & CEO, Nissan Motor says car sales in the US is still not back to the pre-2008-09 crisis level. He hopes to reach that level next year. As far as Europe is concerned, he believes the recovery won't be as strong as in the US.

  • Bosch shuts Jaipur plant for two days due to slowdown Dec 30, 2013 04:44 PM IST

    Bosch shuts Jaipur plant for two days due to slowdown

    The Indian automobile industry has been going through a prolonged demand slump. Domestic passenger car sales declined 8.15 percent to 1,42,849 units in November this year as compared to 1,55,535 units sold in the same month last year.

  • November car sales dip 8%: SIAM Dec 10, 2013 12:39 PM IST

    November car sales dip 8%: SIAM

    Car sales in India declined for second month in succession with an 8.15 per cent drop in November due to drying up of demand after the festive season.

  • Motown will continue to drive on slippery road: Fitch Nov 17, 2013 02:57 PM IST

    Motown will continue to drive on slippery road: Fitch

    Demand for passenger vehicles, which has been on a downhill so far this year, will continue to remain sluggish through the first half of 2014 due to high interest rates which has weakened consumer sentiment, says a Fitch Ratings report.

  • Autos to realign output; buy Tata Motors, Maruti: StanChart Jul 15, 2013 12:45 PM IST

    Autos to realign output; buy Tata Motors, Maruti: StanChart

    Amit Kasat, Auto Analyst, Standard Chartered told CNBC-TV18 that now many companies are trying to realign the production with the retail demand in India and the best thing is that companies are not pilled up with inventories. His top picks in the sector are Maruti and Tata motors.

  • Tatas, Maruti, others rev up against weak sales Jul 14, 2013 12:11 PM IST

    Tatas, Maruti, others rev up against weak sales

    Reeling under prolonged spell of declining sales, major car makers in India are offering a variety of schemes, ranging from cash discounts to buyback benefits to special interest rates, to bring back customers back to the showrooms.

  • Car sales down 12.3 percent in May Jun 11, 2013 10:10 AM IST

    Car sales down 12.3 percent in May

    Industry body Society of Indian Automobile Manufacturers (SIAM) said that car sales in India dropped an annual 12.3 percent in May. The drop was for the seventh straight month on weak consumer sentiment.

  • Car sales fall 10% in April May 10, 2013 11:00 AM IST

    Car sales fall 10% in April

    Car sales in India fell an annual 10 percent in April, an industry body said on Friday, beginning a new financial year on the same sour note that saw annual sales fall last year for the first time in a decade.

  • Motherson Sumi eyes $5bn sales mark by 2015 Apr 11, 2013 04:44 PM IST

    Motherson Sumi eyes $5bn sales mark by 2015

    Even though the car sales have gone down dramatically, it will not affect Motherson Sumi as the company is constantly adding new products, assures chairman Vivek Chaand Sehgal

  • Car, CV growth to beat SIAM FY14 estimates: Fortune Equity Apr 10, 2013 04:04 PM IST

    Car, CV growth to beat SIAM FY14 estimates: Fortune Equity

    Fortune Equity Brokers expects cars and commercial vehicles (CVs) to post better growth numbers in FY14. Mahantesh Sabarad of Fortune Equity sees passenger vehicles segment registering 11 percent growth and commercial vehicles around 13 percent in FY14.

  • Auto industry to miss all growth targets; Medium and Heavy Feb 25, 2013 04:48 PM IST

    Auto industry to miss all growth targets; Medium and Heavy

    Bad news for the auto industry as sales continue to suffer, prolonging any hopes of revival

  • GM turns to former China chief to run Opel Feb 01, 2013 04:30 PM IST

    GM turns to former China chief to run Opel

    General Motors is set to appoint a former Volkswagen manager as chief executive of Opel/Vauxhall to lead the transformation of the lossmaking European car business.

  • Toyota Kirloskar sales down 23% in January Feb 01, 2013 03:25 PM IST

    Toyota Kirloskar sales down 23% in January

    Toyota Kirloskar Motor today reported 23.37 per cent decrease in its domestic car sales at 13,329 units in January 2013.

  • Dipping ratings,draping new trend,stealing  the show Jan 12, 2013 09:21 AM IST

    Dipping ratings,draping new trend,stealing the show

    Television Audience Measurement (TAM) has just released viewership data for news channels after a 13 week break.

  • Ford registers 42.2% growth Jan 01, 2013 02:31 PM IST

    Ford registers 42.2% growth

    US car maker Ford has registered a 42.2 per cent growth on its total sales in December 2012 to 10,899 units from 7,663 units sold in the same month of 2011.

  • Maruti Suzuki falls on outlook concerns Dec 24, 2012 12:16 PM IST

    Maruti Suzuki falls on outlook concerns

    Maruti Suzuki shares fall 1.5 percent on concerns about the domestic passenger car sales outlook.

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