E-buses to witness healthy traction:ICRA
With significant operational savings, especially on fuel costs vis-à-vis conventional diesel buses, ICRA expects the demand for e-buses to pick up over the near...
SIAM seeks clarification on Equalization Levy
The Society of Indian Automobile Manufacturers (SIAM) has stressed the need to clarify the scope of the 2 per cent Equalization Levy.
Equalization Levy, it...
PM launches vehicle scrappage policy
The much-awaited vehicle scrappage policy, announced by the Finance Minister in her Union Budget for FY22, was launched by the Prime Minister, Mr Narendra...
Auto Expo 2022 postponed
The Society of Indian Automobile Manufacturers (SIAM) has decided to postpone Auto Expo – The Motor Show 2022, which was scheduled to be held...
Component industry de-grows 3 pc
The turnover of the automotive component industry stood at Rs. 3.40 lakh crore ($45.9 billion) for the period April 2020 to March 2021, a...
Component industry may see 20-23 pc growth
The auto component industry is expected to witness 20-23 per cent revenue growth in FY2022, aided by growth across segments and commodity pass-through, said...
Dealer viability is the biggest concern, says FADA Study
The Federation of Automobile Dealers Associations (FADA) on July 29 announced results of its Dealer Satisfaction Study 2021, which was undertaken in association with...
SIAM hosts 15th Lecture Series on Industry 4.0 and Beyond
In its bid to strengthen the ongoing discourse on leveraging digital technologies and physical domains for smart manufacturing in the automotive sector, the Society...
EV game-changer: Govt makes changes in FAME-II
With a view to achieving the desired objectives of the second edition of FAME (Faster Adoption and Manufacturing of Electric Vehicles in India) Scheme...
Pre-owned car market study
Volkswagen Passenger Cars India, through its pre-owned car business Das WeltAuto (DWA), on June 16 disclosed growth trends related to India’s used car market,...