New Delhi: Auto industry body SIAM on Friday sought concessions to promote electric vehicles and suggested the government introduce additional incentives for vehicle scrapping in the upcoming budget.The Society of Indian Automobile Manufacturers emphasized on a growth-oriented budget with...
New Delhi, Automobile industry body SIAM said on Friday that wholesale sales of passenger vehicles in India increased by 3 per cent year-on-year to 3,37,757 units in June.Total passenger vehicles (PV) shipped from companies to dealers in June 2023 stood at 3,27,788 units.According to data...
Both Indian and global startups with innovative solutions relevant to the automobile manufacturing and mobility sector can apply for the ninth cohort of the Maruti Suzuki Accelerator, the company said in a statement.Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India, said, "By...
The company has increased its vehicle dispatch through railways from 65,700 units in FY 2014-15 to 447,750 units in FY 2023-24.This achievement makes Maruti Suzuki the first automobile company in India to achieve this eco-milestone.Today, the company ships vehicles to 20 destinations...
Automobile exports during the January-June period are projected to grow 3.8 percent year-on-year to $37.01 billion, the highest for the first half of any year, according to provisional data from the Industry Ministry and the Korea International Trade Association.The previous record was $35.65...
New Delhi, The Department of Consumer Affairs (DoCA) held a meeting with automobile associations and companies on Saturday to encourage their participation in the newly launched Right to Repair Portal India, which aims to provide consumers with easier access to information about product repair...
The issue was taken up by Secretary of the Department of Consumer Affairs Nidhi Khare in a meeting with automobile associations and their associated companies in the automobile sector with an aim to bring automobile companies on the right to repair portal of India, according to an official...
The New Delhi Automobile Tire Manufacturers Association said on Wednesday that its members are witnessing a "severe crisis" in the availability of domestic natural rubber and that this could disrupt production unless supply problems of the material are addressed. cousin.Despite high prices for...
Thane, Mumbai Members of the Mumbai Bus Malak organization on Monday protested in front of an automobile dealership in Thane, claiming that the buses purchased by them were substandard and were having frequent breakdowns.They also "returned" 100 buses to the dealership and demanded...
PNNNew Delhi [India], June 24: Lawyered, India's leading legal technology startup, recently participated in the third edition of the FADA Finance & Insurance Summit 2024 on June 14, held in Mumbai. The event was organized by the Federation of Automobile Dealers Associations (FADA) where most...
MUMBAI: The Indian automobile industry is set to grow 19 per cent to Rs 10.22 lakh crore in FY2024 due to strong growth in the utility and sports utility vehicle (SUV) segments, a report said on Wednesday.Management consulting firm Primus Partners reported that volumes increased by 10 percent...
MUMBAI: FADA, the apex body of automobile retailers, on Friday expressed its concern over high inventory levels and said it plans to take up the matter with the Society of Indian Automobile Manufacturers (SIAM).Speaking at the third edition of the Finance and Insurance Summit 2024 here...
According to data from the Korea Automobile Manufacturers Association (KAMA), the number of hydrogen-powered FCEVs shipped overseas during the January-May period reached 60 units, down 74.2 percent from 233 units in the same period last year.Last month, in particular, the country's exports of...
Muzaffarnagar (Uttar Pradesh) [India] A massive fire broke out in an automobile showroom on Delhi-Dehradun National Highway 58 in Muzaffarnagar, Uttar Pradesh on Tuesday.Due to this incident, the entire showroom was burnt to ashes due to the explosion of the air conditioner.Many fire brigade...
Indore: At least 10 cars were gutted in a fire at an automobile workshop in Madhya Pradesh's Indore on Tuesday morning, and no one was injured in the incident, a fire department official said.Assistant sub-inspector Sushil Dubey said the fire broke out in an automobile workshop-cum-showroom...
New Delhi, Automobile dealers' body FADA on Monday said domestic passenger vehicle retail sales declined by 1 per cent year-on-year in May as demand was hit due to extreme heat and elections.Passenger vehicle registrations declined to 3,03,358 units last month, compared to 3,35,123 units in...
New Delhi [India], Amid a significant surge in passenger vehicle sales in India, four major automobile companies have released their car sales numbers for the three months of April-June 2024. Maruti Suzuki has sold a total of 174,551 units in May. Total sales in Mont include domestic sales of...
In a stock exchange filing, the company said it has approved investment of Rs 12,000 crore in Mahindra Electric Automobile Ltd (MEAL) to finance its e journey over the next three years."M&M and its auto division expect to generate sufficient operating cash to meet all of our capital investment...
New Delhi: Automobile industry body SIAM SAI on Tuesday said wholesales of passenger vehicles in India reached a record high in April due to strong demand for utility vehicles.Total passenger vehicle dispatches from companies to dealers rose 1.3 per cent year-on-year to a record high of...
New Delhi, Automobile industry body SIAM on Tuesday said wholesale sales of passenger vehicles in India increased 1.3 percent year-on-year to 3,35,629 units in April.Passenger vehicle (PV) deliveries from companies to dealers in April 2023 stood at 3,31,278 units.According to data released...