Passenger vehicle sales expected to grow in low single-digits in FY26, driven by SUVs and EV launches: SIAM estimatesPassenger vehicle sales in India are anticipated to grow by 1-4% in FY26, mainly driven by demand for SUVs and new electric vehicle launche...
20 Feb, 2025, 01.34 AM IST
Vehicle loans outstanding rise 22 pc in May despite high interest ratesVehicle loans outstanding increased by 22 per cent year-on-year to Rs 5.09 lakh crore in May, notwithstanding the Reserve Bank's rate hike ...
12 Jul, 2023, 04.08 PM IST
Two-wheeler, passenger-vehicle exports decline in FebTwo-wheeler exports dropped by 37 per cent to 2,35,087 units last month from 3,75,689 units in the year-ago period. Motorcycle shipments de...
12 Mar, 2023, 11.44 AM IST
Commercial vehicle sales to stay in fast lane"GST (goods and services tax) collections touched an all-time high last month. Tax collections going up is a good sign," said Vinod Aggarwa...
25 May, 2022, 01.04 AM IST
Auto industry calls for government, RBI support for dealersWhile automotive retail trade body Federation of Automotive Dealers Association (FADA) has sought industry status for the auto retail secto...
24 Aug, 2021, 11.30 PM IST
Scrappage policy: SIAM urges govt to let dealer workshops function as inspection, certification centresSpeaking at the 3rd Auto Retail Conclave organised by Federation of Automobile Dealers Associations (FADA), SIAM President Kenichi Ayukawa ...
24 Aug, 2021, 06.40 PM IST
Visa to acquire Currencycloud at 700 million pounds valuationVisa has been a Currencycloud shareholder since 2020, and the financial consideration will be reduced by the equity that the card network c...
22 Jul, 2021, 04.14 PM IST
Govt's special stimulus package to help revive commercial vehicle industry: Vipin Sondhi, Ashok Leyland MDPrime Minister Narendra Modi on Tuesday announced a stimulus package worth Rs 20 lakh crore, which combines the government's recent announc...
13 May, 2020, 12.56 PM IST
SME digitisation platform GlobalLinker signs MoU with ThailandGlobalLinker estimates that the MoU will bring over 40,000 SMEs from Thailand & India on board the platform.
25 Sep, 2019, 05.46 PM IST
FM on 100 days of Modi 2.0: Govt wants to revive confidence in marketsThe government is also conscious of the need to respond to the slowdown in the auto sector.
10 Sep, 2019, 03.05 PM IST
Auto industry seeks immediate policy steps as sales continue to plummetWhile Maruti reported a 33% drop in August, sale of passenger vehicles by Tata Motors fell 58%.
02 Sep, 2019, 06.21 PM IST
Thai King takes ownership of portfolio worth billionsAll shareholdings will now be held in the king’s name and crown property assets will be subject to tax, a change from the bureau’s exempt s...
18 Jun, 2018, 08.13 AM IST
SIAM recommends fiscal and non-fiscal incentives for vehicle electrificationThe industry body has urged that electric vehicles be exempt from road tax and favourable treatment similar to priority sector lending be c...
20 Dec, 2017, 10.46 PM IST
BS III car sale ban to affect banks among others: Jagdish Khattar, Carnation AutoI really do not know how things will unfold but it will have a lot of effect on many stakeholders and customers also, says Khattar
29 Mar, 2017, 04.47 PM IST
Ashok Leyland non-exec vice chairman R Seshasayee resignsSeshasayee started his career with Hindustan Lever in 1971, and joined Ashok Leyland in 1976. He was appointed executive director of the co...
30 Jul, 2016, 06.50 PM IST
Government plans cash-for-clunkers scheme to replace 15-year-old commercial vehicles with new one"The idea is to rekindle manufacturing in the country... the automobile sector has immense trickle-down effect," a senior DIPP official tol...
23 Dec, 2013, 11.25 AM IST
- Shriram acquires GE transport fin biz
The south-based financer will pay Rs 1,200 cr for the company's assets.
24 Dec, 2009, 01.13 AM IST