Siam

Provide at least six airbags as standard in all cars and SUVs: Nitin Gadkari to car manufacturers

At a meeting with the Society of Indian Automobile Manufacturers, Union Minister Nitin Gadkari urged carmakers to provide six airbags on all vehicle variants.

SIAM says auto sector left out in economic package; to seek govt's direct intervention for revival of industry

SIAM said it had several engagements with the government at various levels and was looking forward to some direct fiscal measures for the auto industry from the Centre in the Rs 20 lakh crore stimulus package.

Automakers warn of up to 45% sales drop as economy slumps due to pandemic; seek govt help in crisis

The auto industry is already reeling, with sales of cars, SUVs, trucks and motorbikes falling 18 percent last fiscal year to 21.5 million vehicles due to an economic slowdown.

Govt plans to construct highways worth Rs 15 lakh cr in next 2 years; auto scrapping policy soon: Nitin Gadkari

Gadkari informed that he has directed the ministry officials to finalise the auto scrapping policy quickly, and said it will go a long way in cost reduction.

Govt seeks suggestions from auto industry leaders for resource mop-up; sector demands financial package

The government of Thursday sought suggestions on methods of resource mobilisation from captains of the automobile industry, who raised several demands for a financial package to overcome the impact of the COVID-19-induced lockdown

Coronavirus Outbreak: SIAM seeks GST rate cut, incentive-based scrappage policy to revive auto sector

SIAM has also asked for fund allocation for diesel/CNG bus procurement by state transport undertakings, over and above the allocation for electric buses under FAME 2 scheme.

Coronavirus Outbreak: Auto sector hit by COVID-19; domestic passenger vehicle sales drop 51 percent in March

FADA has written to Prime Minister Narendra Modi seeking relief measures to deal with the effects of the coronavirus pandemic.

Domestic passenger vehicle sales plunge 51% in March hit by coronavirus pandemic: SIAM

Passenger vehicle sales in India declined by 51 percent in March, hit by 21-day nationwide lockdown due to the coronavirus pandemic

Extension of BS-VI deadline unlikely to do 'any good' to auto industry; buying sentiment likely to remain low after lockdown: Report

During the April-February period of 2019-20, sales witnessed a decline of 12.7% year-on-year on account of weak demand for commercial vehicles, two- and three-wheelers as well as passenger vehicles.

Bajaj Auto announces temporary shutdown of manufacturing facilities; implements work from home for office staff

Bajaj Auto has banned international travel in February and by early March banned all travel, cancelled physical meetings and implemented work from home.