Aug 31, 2021 08:01 PM IST
Dependence on China will continue and it will take years to realise the government’s goal of having electric vehicles manufactured entirely in India, say executives.
- Aug 30, 2021 08:46 AM IST
A robust charging infrastructure is crucial for the faster adoption of electric vehicles in India
- Aug 26, 2021 02:51 PM IST
Speaking at the Automotive Component Manufacturers Association of India (ACMA) annual session, Kenichi Ayukawa, who is also the Managing Director and CEO of Maruti Suzuki India, said the demand for the technology-based equipment has increased manifold in various sectors alongside the automotive segment.
- Aug 25, 2021 01:46 PM IST
Maruti Chairman RC Bhargava says green mobility will not take off unless question of affordability is addressed. TVS Motor Chairman Venu Srinivasan says two-wheelers being taxed at the same level as luxury cars. Industry asks govt to reconsider higher taxation.
- Aug 12, 2021 01:37 PM IST
Motorcycle sales were at 8,37,096 units last month as against 8,88,520 units in July 2020, down 6 per cent. Scooter sales increased 10 per cent to 3,66,292 units from 3,34,288 units.
- Aug 03, 2021 07:30 PM IST
The corporate average fuel efficiency (CAFE) rules require automakers to cut carbon emissions through the launch of electric cars or vehicles that use alternative fuels.
- Aug 02, 2021 01:16 PM IST
New dates of the Auto Expo will be finalised later this year keeping in view the coronavirus situation and global auto show calendar
- Jul 14, 2021 03:22 PM IST
Total sales of passenger vehicles, two and three-wheelers and quadricycle rose to 1.32 million units in June as against 1.14 million units sold in the year-ago period in the domestic market
- Jun 27, 2021 04:58 PM IST
In view of the prevailing pandemic situation, the ministry has decided to defer mandatory installation of front passenger airbags in the existing car models till December 31, 2021.
- Jun 11, 2021 02:02 PM IST
Accelerated vaccination drives throughout the country, a strong line-up of launches, all-time low auto loan rates and a favourable monsoon are all expected to boost automobile consumption; companies predict a strong rebound in volumes this month on expectations of pent-up April-May demand
- May 12, 2021 01:53 PM IST
As per data shared by the Society of Indian Automobile Manufacturer, passenger vehicles closed April with sales of 261,633 units which was a fall of 16 percent compared to the average monthly sales of three months of January to March when the industry saw 311,194 units
- Apr 12, 2021 02:32 PM IST
As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), in the 2020-21 fiscal, passenger vehicle wholesales declined by 2.24 percent to 27,11,457 units as against 27,73,519 units in 2019-20.
- Mar 12, 2021 04:06 PM IST
A local politician leading the protests said they have blocked employees and goods from entering the plant and will continue until Posco heeds to some of their requests which include giving employment preference to local workers and others.
- Mar 05, 2021 03:38 PM IST
The presentation showed aspiration of achieving doubling of growth in exports by 2025-26 with the auto component sector hitting $30 billion whereas the vehicle manufacturing segment hitting $19 billion.
- Feb 01, 2021 09:18 PM IST
The industry body also raised concerns over the increase in customs duty on certain imported vehicle components, saying it could lead to increase in production cost of automobiles.
- Jan 28, 2021 01:20 PM IST
The auto industry has been facing headwinds even before the COVID-19 pandemic derailed the entire sector last year, a research conducted by the Society of Indian Automobile Manufacturers (SIAM) has revealed.
- Jan 14, 2021 04:02 PM IST
SIAM noted that the pandemic has pushed the entire automotive industry back by many years and the priority will be to regain the peaks seen in 2018 and 2019.
- Dec 24, 2020 04:28 PM IST
A global surge in demand for certain goods during the pandemic has upended normal trade flows, stranding empty cargo containers and leading to bottlenecks.
- Oct 16, 2020 03:29 PM IST
According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicles sales in the July-September quarter increased to 7,26,232 units from 6,20,620 units in the same period last year.
- Oct 11, 2020 07:29 PM IST
In the past six months, amid the COVID-19 lockdown, the Indian Railway has loaded 836 rakes of automobiles against 731 rakes in the previous year.
- Sep 11, 2020 01:14 PM IST
Passenger vehicle sales see 14 percent rise in August from last year, in first double-digit growth for the year. Strong pulls from rural pockets, a slight revival in urban markets, festive buying and easier finance schemes helped revive volumes during the month.
- Sep 04, 2020 09:25 PM IST
Prime Minister Narendra Modi's government wants companies to reduce imports, increase domestic production and play a bigger role in the global supply chain in an effort to make the country more self-reliant.
- Sep 04, 2020 08:38 PM IST
The election for new office bearers was conducted during the executive committee meeting, which was held after SIAM's Annual General Meeting on Friday.
- Sep 04, 2020 04:49 PM IST
Gadkari, who also holds the MSME portfolio, said the vision was to make the Indian automobile industry number one manufacturing hub in the globe and cut on huge annual crude imports bill to the tune of Rs 7 lakh crore by promoting alternative fuel.
- Jul 14, 2020 11:35 AM IST
According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales were also down 38.56 percent at 10,13,431 units as compared to 16,49,475 units in the same month last year.