Search For "auto industry"
India's most coveted automobile awards - ICOTY and IMOTY 2020 recognise an
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 20 (ANI/BusinessWire India): JK Tyre, today, presented the most prestigious awards of the Indian automotive industry- the 15th Indian Car of the Year (ICOTY), 13th Indian Motorcycle of the Year (IMOTY) and second Premium Car Award 2020 by ICOTY.
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Majority of states not agreeing to bring down GST rates on auto industry:
Updated : 6 years, 6 months ago IST
Bengaluru (Karnataka) [India], Sept 14 (ANI): Majority of states are not ready to bring down the tax rates on automobile sector from 28 to 18 per cent, said Chairman of the Empowered Committee of state finance ministers for the implementation of Goods and Service Tax (GST), Sushil Kumar Modi
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Auto industry downturn worrisome, says SIAM; calls for lowering GST from 2
Updated : 6 years, 6 months ago IST
New Delhi [India], Sep 2 (ANI): The Society of Indian Automobile Manufacturers (SIAM) said on Monday that sales report coming out from various companies for August has been dismal with over 30 per cent erosion of sales for passenger vehicles.
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Toyota, Suzuki form capital alliance as auto industry faces disruption
Updated : 6 years, 6 months ago IST
Tokyo [Japan], Aug 28 (ANI): Japanese automakers Toyota and Suzuki announced on Wednesday that they reached an agreement on a capital alliance.
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Vehicle registrations fall by 6 pc in July amid weak consumer sentiment
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 19 (ANI): Weak consumer sentiment amid tight liquidity conditions led to year-on-year de-growth of 6 per cent in vehicle registrations during July, the Federation of Automobile Dealers Associations (FADA) said on Monday.
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Auto industry body requests for reduction of GST rate from 28 pc to 18 pc
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 9 (ANI): An apex auto industry body has requested the Central government for an immediate reduction in the Goods and Services Tax (GST) rates for automobiles to 18 per cent.
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Slump in auto sector pulls down Mahindra Logistics profit by 24 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 1 (ANI): An unprecedented slowdown in the automotive sector pulled down Mahindra Logistics profit after tax to Rs 19 crore in the first fiscal quarter, 24 per cent lower from Rs 24 crore in the corresponding period of the previous financial year.
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BMW to launch 25 new EVs by 2023
Updated : 6 years, 8 months ago IST
Munich [Germany], June 25 (ANI): Advancing the auto industry's move towards electronic vehicles, luxury car maker BMW has announced that it would launch 25 new electrified models by 2023.
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SIAM reports surge in overall sales in auto industry by of 36.39 pct
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 11 (ANI): Society of Indian Automobile Manufacturers (SIAM) on Thursday released the sales data for the month of December, with a surge in overall sales of auto industry by 36.39 percent on YoY basis.
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Auto industry sales decline in October
Updated : 8 years, 4 months ago IST
New Delhi [India] Nov. 10 (ANI): Post festive season auto industry wholesale has declined in October.
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Production of vehicles up by 8.13 pct, sales by 7.67 pct
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 10 (ANI): The auto industry has registered growth in production and sale of vehicles between April and October this year, as observed from the figures reported by the Society of Indian Automobile Manufacturers (SIAM).
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Low motorisation rate an opportunity for auto industry to develop on elect
Updated : 8 years, 6 months ago IST
New Delhi [India], September 7 (ANI): NITI Aayog CEO Amitabh Kant on Thursday said the prevailing low rate of motorisation can be transformed into an opportunity for the automobile industry to carve its own path for production of electric vehicles.
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