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Budget 2016: 'Highly taxed' auto industry seeks relief in Budget

Jan 10, 2016

Budget 2016: 'Highly taxed' auto industry seeks relief in Budget

Stating that the automotive industry in India is "highly taxed" with levies accounting for up to 77 per cent on cost, SIAM has asked the government to merge multiple taxes into a single excise duty #GST #Budget #SIAM #excise duty #auto industry #Union Budget 2016 #Infra & Defence
Honda Cars India to recall 90,210 units of City, Mobilio

Dec 10, 2015

Honda Cars India to recall 90,210 units of City, Mobilio

In September, HCIL had announced recall of around 2.24 lakh units of its premium sports utility vehicles -- CR-V, sedans Civic, City and hatchback Jazz, manufactured between 2003 and 2012 to replace faulty airbag inflators. #CompanyWatch #Honda Jazz #Honda City #SIAM #Honda Civic #Volkswagen Group #Honda Cars India #Business #honda mobilio
Ford India recalls 16,444 units of compact SUV EcoSport

Nov 13, 2015

Ford India recalls 16,444 units of compact SUV EcoSport

US auto major Ford is recalling 16,444 units of its popular compact SUV EcoSport manufactured between November 2013 and April 2014 in India to rectify faulty rear twist beam bolt, which is a part of suspension #Ford #auto #SIAM #Figo #EcoSport #US
India car sales rise 9.5% in Sept; rate cuts, new models to boost sales 6-8% this year

Oct 10, 2015

India car sales rise 9.5% in Sept; rate cuts, new models to boost sales 6-8% this year

Total two-wheeler sales in September declined 1.06 percent to 15,37,137 units as against 15,53,608 units in the same month last year. #NewsTracker #SIAM #Automobile #Two-wheeler #Domestic car sales
Domestic car sales up 6% in August, bikes down 9.59%

Sep 10, 2015

Domestic car sales up 6% in August, bikes down 9.59%

Total two-wheeler sales in August were down 2.98 percent to 13,05,350 units as against 13,45,506 units in the same month last year. #Tata Motors #NewsTracker #Maruti Suzuki #Mahindra & Mahindra #SIAM #Automobile #Hyundai Motor India #Vishnu Mathur #Business