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Domestic car sales rise over 3% in January

Last Updated: Tuesday, February 10, 2015, 11:56

In a slow start to the year 2015, domestic passenger car sales rose 3.14 percent in January, which industry body SIAM described as "realistic levels" considering the current economic situation.

Annual auto sales witness first decline in 11 years

Last Updated: Thursday, January 9, 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.

Domestic car sales down 4.5% in December

Last Updated: Thursday, January 9, 2014, 11:20

Domestic passenger car sales declined 4.52 percent to 1,32,561 units in December compared with 1,38,835 units sold in the year-ago month.

Looking for a bigger show in the next year auto show: SIAM

Last Updated: Tuesday, September 17, 2013, 19:11

With new participants like Chrysler of the Fiat Group, DSK Hyosung and Isuzu Motors in the list, the expo will have 41 companies showcasing their new products.

Vikram Kirloskar is new SIAM President

Last Updated: Friday, September 6, 2013, 17:42

Toyota Kirloskar Motor Vice-Chairman Vikram Kirloskar has been elected as the new President of automobile industry body SIAM.

Patel to take up stimulus package for auto sector with PM

Last Updated: Wednesday, July 24, 2013, 19:02

Stressing upon the need to take immediate steps for arresting the decline in auto sales, Heavy Industries Ministry has said it will soon take up the issue with the Prime Minister and seek stimulus package to revive the sector.

Discounts galore as car-makers try to woo customers

Last Updated: Sunday, July 14, 2013, 12:14

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.

Auto majors join hands to fight spurious spares

Last Updated: Friday, June 7, 2013, 20:47

The move is part of the World Anti-Counterfeiting Day, falling on June 8, head of the Society of Indian Automobile Manufacturers (SIAM's) anti-counterfeiting cell Sanjoy Gupta, who is also the vice president, customer care at M&M, said here on Friday.

Mercedes contradicts SIAM's stand on India-EU FTA

Last Updated: Tuesday, May 14, 2013, 18:35

The wholly-owned subsidiary of the German auto giant said that despite being a member of Society of Indian Automobile Manufacturers, it does not agree with the industry body's view on the proposed free trade pact between India and the EU.

Cutting duties on imported cars under FTA retrograde step: SIAM

Last Updated: Monday, April 8, 2013, 20:20

Automobile industry body SIAM Monday said custom duties on fully imported cars and engines must not be lowered as is being proposed in the ongoing free trade negotiations between India and EU, stating that such a step will severely damage the sector.

Auto industry asks for more rate cuts to revive demand

Last Updated: Tuesday, March 19, 2013, 15:43

The Indian auto industry, which is facing demand slump in recent months, on Tuesday gave a lukewarm response to RBI's decision to reduce short-term lending rates, saying the sector needs a cut of at least 100 basis points.

Domestic car sales down 25.71% in Feb; lowest in 12 yrs

Last Updated: Monday, March 11, 2013, 11:33

Passenger car sales growth rate in India plunged to a 12-year low in February, registering a 25.71 percent decline to 1,58,513 units as high fuel prices, interest rates and low consumer sentiments took a toll.