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Total 561 results found. Search for [ Society of Indian Automobile Manufacturers ]

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Reuters
June 18, 2021
Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is likely to be led by small, affordable cars - a sector dominated by homegrown leader Maruti Suzuki and rival Hyundai


BusinessToday.In
May 12, 2021
Supply chain related production challenges continue with the lockdown restrictions in many parts of the country. In the three-wheeler category, 13,728 units were sold in April 2021 compared to 31,930 units sold in March, thereby showing a 57.01 per cent decline


Sumant Banerji
April 16, 2021
Honda said the replacement of the fuel pump in the affected cars will be carried out free of cost at its dealerships across India in a phased manner starting from 17th April 2021. Owners are being contacted individually


Sumant Banerji
April 12, 2021
Yet, this was the second straight year of double-digit decline in the auto industry. The low base helped prop up numbers in one quarter but makes the narrative even more worrisome for the full year


BusinessToday.In
April 12, 2021
Total CV sales declined 20.77 per cent to 5,68,559 units in FY21 as against 7,17,593 units in 2019-20, as per the data released by the Society of Indian Automobile Manufacturers.


Sumant Banerji
New Delhi, March 31, 2021
A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government


Reuters
March 31, 2021
Prime Minister Narendra Modi's 'Make in India' drive has helped to turn India into the world's second-biggest mobile manufacturer after China


Manoj Sharma
March 10, 2021
In fiscal year so far, auto industry sold 1.9 crore units against 2.4 crore during same period previous year, marking an 18.92 per cent decline. Three-wheeler sale saw biggest 69.77 per cent decline, followed by two-wheelers at 17.69 per cent


BusinessToday.In
February 12, 2021
Stock Market News Updates Today: Earlier today, Sensex hit a record high of 51,804 and Nifty hit a lifetime high of 15,243


BusinessToday.In
February 10, 2021
Responding to a question on if the government is aware of the reports that the companies have shut down operations due to red tapism and high taxes, the minister said no such thing has been reported.


Rajeev Singh | Anish Mandal
January 31, 2021
If an incentive-based scrappage policy is adopted in the Budget 2021, it shall boost demand for new vehicles while helping the government achieve its targets for reducing carbon emissions


Rashi Bisaria
New Delhi, January 15, 2021
Farm bills have potential to represent important measure for agri reforms in India: IMF The International Monetary Fund (IMF) believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, a spokesperson of the organisation said here. There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at...


Manoj Sharma
January 14, 2021
Total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles in December stood at 1,907,811 units against 1,750,347 units in December 2019, recording 9% growth


PTI
December 25, 2020
After the devastating effects of the COVID-19 pandemic, it is expected that the auto industry will see stronger growth in 2021-22, said Ashim Sharma, partner and group head at NRI Consulting & Solutions India


Reuters
December 24, 2020
Shipping freight rates have surged since July and companies are now finding it 'almost impossible to sustain normal trade operations', said Rajesh Menon, director general at the Society of Indian Automobile Manufacturers (SIAM)


PTI
December 20, 2020
It is estimated that during the prolonged lockdown, the auto industry suffered losses of more than Rs 2,300 crore in turnover for every single day of closure


Sumant Banerji
December 11, 2020
SIAM on Friday released inaccurate industry sales data for November with inflated numbers for Maruti Suzuki and later revised it


BusinessToday.In
December 11, 2020
In financial year so far (April-November), total production of all categories of vehicles stands at 13,160,377 units against 18,356,431 units sold during same period last year, recording a decline of 28.31%


Shailendra Shukla
New Delhi, November 12, 2020
Russian coronavirus vaccine Sputnik V 92% effective, show interim trial results Russian coronavirus vaccine Sputnik V is 92 per cent effective in protecting people from coronavirus, show interim trial results. The interim trial results were announced by Russia's sovereign wealth fund Russian Direct Investment Fund on Wednesday. RDIF is backing the vaccine and marketing it globally. Sputnik V coronavirus vaccine is currently undergoing phase III testing stage in Belarus, UAE, Venezuela and o...


Mansi Jaswal
November 11, 2020
In terms of domestic sales, a total of 3.10 lakh units Passenger Vehicles (PVs) were sold last month as compared to 2.71 lakh units in the same month last year, registering a growth of 14.19 per cent


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