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    • SIAM seeks cess exemption for bigger ambulances

      In the pre-GST era, all ambulances enjoyed concession in excise duty rate but after GST implementation, the finance ministry has exempted compensation cess only on ambulances that can carry up to nine persons.

    • Rahul Gandhi faces assassination threat, claims Congress

      Senior Congress leaders, including Ahmed Patel, Rajeev Shukla, Motilal Vora and Anand Sharma, will meet Union Home Minister Rajnath Singh at 4 pm in New Delhi to discuss the threat letter.

    • Car sales growth highest in 5 yrs; up 7.87% in FY16

      According to Society of Indian Automobile Manufacturers (SIAM), domestic car sales stood at 20,25,479 units in 2015-16 as compared with 18,77,706 units in the 2014-15.

    • Car sales grow 1.53% in June, slowest in five months

      According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales in June this year stood at 1,62,677 units against 1,60,232 in the year-ago month.

    • Bus sales in India to grow up to 12% next fiscal: SIAM

      Bus segment has been in negative territory since last 30 months but with economic activity expected to do well now we really expect the segment to do well," Society of Indian Automobile Manufacturers (SIAM) deputy director general Sugato Sen said.

    • Booz & Co roped in for national electric mobility mission

      Leading global consultancy firm Booz & Company has been roped in to chart out a roadmap for promoting electric vehicles in India as part of a joint initiative by the Department of Heavy Industry and industry body SIAM under the national mission for electric mobility.

    • May car sales growth slowest in 2-yrs, demand to moderate

      Car sales rose 7% in May from a year earlier, their slowest pace of growth in two years, as higher fuel prices, interest rates and vehicle costs crimped demand in the world's second-fastest growing auto market.

    • India takes over from China in auto sales growth

      India has emerged as the fastest-growing car market in 2010-11, beating its Asian counterpart China, said The Hindustan Times. Due to the relentless spurt in demand in the domestic market and an unprecedented slowdown in growth in China, the Indian car market grew by over 29%.

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