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 in August 2011. However, total sales of commercial vehicles rose marginally to 70,683 units, from 70,658 units in the year-ago period, SIAM said.
Total sale of vehicles across categories registered a dip of 9.43 per cent to 14,18,134 units last month, as against 15,65,757 units in September 2011, it added.
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11:07 AM, Oct 10, 2012
New Delhi: With domestic car sales posting the biggest drop in 10 months in August by 18.56 per cent, industry body SIAM on Monday said its forecast of registering a growth of 9-11 per cent in the 2012-13 fiscal is unlikely to be met. While the August car sales stood at 1,18,142 units in August 2012 compared to 1,45,066 units in the same month in 2011, for the April-August period...
01:55 PM, Sep 10, 2012
New Delhi: The mahapanchayat of 200 villages that met on Monday to discuss the violence at Maruti's Manesar plant demanded a CBI probe into the incident. Fearing job losses, the mahapanchayat came out strongly in support of the Maruti management and against the workers who are accused of wreaking havoc at the plant. The mahapanchayat also suggested recruitment of more locals to avoid similar incidents in future. Meanwhile, the auto...
02:10 PM, Jul 23, 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 rose just 2.2 percent in the fiscal year that ended in March, a year to forget for automakers marked by demand-smothering high interest rates and rising fuel costs, but are seen posting double-digit growth this year. Sales rose an annual 19.7 percent in March, a fifth straight monthly increase, but still lower than the 30 percent growth seen in the 2010/11 fiscal year, before...
05:51 PM, Apr 10, 2012
New Delhi: Car sales in India rose an annual 8.5 percent in December, an industry body said on Tuesday, the second consecutive monthly rise as the industry continued to rebound from record falls in sales in late 2011. Demand for cars in India, the world's second-fastest growing auto market after China, shrank in July for the first time in nearly three years. Sales continued to fall for three consecutive months...
02:06 PM, Jan 10, 2012
New Delhi: Car sales in India registered their steepest monthly decline in over 10 years in October, tanking by 23.77 per cent on account of a huge drop in output by the country's largest car-maker Maruti Suzuki due to labour trouble, coupled with high interest rates and fuel prices. According to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday, domestic passenger car sales stood at 1,38,521...
01:40 PM, Nov 09, 2011
New Delhi: Giving in to rising input cost pressures, the country's largest carmaker by sales, Maruti Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models, except its newly launched compact car Alto K10. "Yes, we did increase the prices on January 17 ranging between 0.5 per cent and 2.2 pr cent," said Maruti Suzuki India Managing Executive Officer (Marketing and Sales) Mayank Pareek. Except...
04:23 PM, Jan 21, 2011
Low interest rates and the govt's stimulus measures had helped the industry recover. ...
04:07 PM, Aug 10, 2009
Siam was a hard-liner often insisting on conservative Muslim law ...
01:59 PM, Jan 16, 2009
Singur unfortunate, GM happy with Talegaon, Bangalore facilities though. ...
09:58 PM, Sep 04, 2008
Buyers will be better informed about fuel efficiency of the vehicle from next year. ...
04:27 PM, Sep 04, 2008
The Indo-Pak duo lost in straight sets to Lindstedt and Nieminen. ...
10:15 AM, Oct 01, 2007
