Business

Long-wheelbase or stretch luxury sedans of Mercedes-Benz, BMW and Audi among others are gaining traction among senior company executives and high net worth individuals, pushing automakers to increasingly roll out such vehicles. This reflects a rare bright spot in the Indian auto market where surging SUV sales have been eclipsing …

Passenger vehicle wholesales India witnessed declined 1 per cent year-on-year to 3,56,752 units in September. The total dispatches to dealers from companies stood at 3,61,717 units in September 2023, the Society of Indian Automobile Manufacturers (SIAM) said in a statement. Total two-wheeler sales, however, rose 16 per cent year-on-year to …

As per several media reports, Bajaj Auto is planning to launch the Pulsar N125 in India on October 16, 2024. The auto major has sent media invite for this date. This new motorcycle aims to compete with popular models like the TVS Raider 125 and the Hero Xtreme 125R. Focusing …

Car sales in the first half of the fiscal year has been slower than expected, but with the onset of the festive season demand is expected to gain momentum helping bringing down stocks in the network, Society of Indian Automobile Manufacturers (SIAM) Shailesh Chandra said. As per data available with …

The central government on Monday issued notices totalling Rs 10,000 crore to automakers for failing to pay compensation cess levied under the Goods and Services Tax (GST) on utility vehicles, says ET Now citing sources.The automakers have requested the government to review the notices. Source link

Indian automobile industry is seeing a slowdown after a period of high demand following the Covid-19 pandemic, ToI reported on October 15 citing SIAM data. Automobile companies are reducing the number of vehicles dispatched to dealerships as buyers are showing caution in their spending, despite significant discounts, said the report …

New Delhi” Union Minister Nitin Gadkari on Tuesday asked representatives of the Society of Indian Automobile Manufacturers (SIAM) to look into ways of making ethanol and flex fuels more acceptable to the public. The Ministry of Road Transport and Highways (MoRTH), in a post on X said, Gadkari chaired a …

New Delhi: Jaguar Land Rover on Tuesday said its retail sales rose 36 per cent year-on-year to 3,214 units for the first six months of the current fiscal. The strong sales performance in the April-September period was led by robust offtakes in both first and second quarter, the automaker said …

Czech automaker Skoda is looking to get into the high volume segment in the Indian market as it gears up to drive in all-new compact SUV Kylaq in India, according to a senior company official. The company, which currently sells four models in India, plans to drive in the sub-4 …

Road transport and highways minister Nitin Gadkari, on Tuesday, chaired a review meeting with representatives of the Society of Indian Automobile Manufacturers (Siam) to discuss the readiness of the automobile industry for ethanol and flex fuels. Discussions were held on readiness of the industry to launch flex engine vehicles that …