Great Wall Motor Co is in talks to open a plant in India, a move that would make it the first Chinese carmaker to operate in the country without a partner. "They are meeting industry. They are meeting government. They are meeting suppliers," Vishnu Mathur, director general of the Society of Indian Automobile Manufacturers - a lobby group said. ...
06:03 PM, Dec 10, 2012
New Delhi: Domestic car sales declined by 5.36 per cent to 1,57,536 units in September 2012 compared to 1,66,464 units in September 2011. According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales last month fell by 18.85 per cent to 7,53,693 units, from 9,28,716 units in September 2011. Total two-wheeler sales in September 2012 decreased by 12.92 per cent to 10,69,069 units from 12,27,662...
11:07 AM, Oct 10, 2012
Manesar: The Society of Indian Automobile Manufacturers (SIAM) on Monday said it will take up the violence at Maruti's Manesar plant with the Prime Minister's Office and the Haryana government. The automobile industry is expected to write to the government against the violence at the plant and the risk to investments if the issue was not resolved. The SIAM Executive Committee is slated to meet on July 25 to discuss...
12:39 PM, Jul 23, 2012
New Delhi: Car sales in India rose an annual 2.8 per cent in May, according to a data from an industry body, a seventh consecutive monthly increase but far below industry expectations, with demand hit by a hike in excise duty on the vehicles. India's car sales have slumped over the past year, hit by high interest rates, rising fuel prices and the recently-announced excise hike that dashed manufacturers' hopes...
01:58 PM, Jun 11, 2012
New Delhi: Car sales in India fell 15.8 percent in July, an industry body said, as higher interest rates, rising fuel prices and vehicle costs crimped demand in the world's second-fastest growing major auto market. Indian automakers sold 133,747 cars in July, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Wednesday. Sales of trucks and buses, a key pointer to economic activity, rose 23.7 percent...
11:30 AM, Aug 10, 2011
Mumbai: India's auto parts makers want the government's help to upgrade technology and spur investments to boost capacity, but analysts do not see the budget for 2011-12 to be tabled in parliament on February 28 taking much steps in this direction. On the contrary, the expectation is that of a modest increase in excise duty on vehicles that may push up prices. In 2010-11 thus far, component makers have witnessed...
05:13 PM, Feb 24, 2011
Company reports marginal decrease in domestic sales. ...
10:10 PM, Jul 27, 2009
In May, just 700 units grew in comparison to last year. ...
02:43 PM, Jun 08, 2009
Company battles slump in sales orders, production target reduced. ...
02:15 PM, Nov 23, 2008
Singur may have have delayed work but Nano will be wheeled out on time. ...
08:58 PM, Sep 04, 2008
