Auto sales drop 14% in January: SIAM
No revival in sight; barring three-wheelers, all the other segments showed de-growth.
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Auto Expo taps technology to woo millennials
The expo, which will see launches of connected, Internet cars, will be live-streamed on Facebook Watch and Instagram IGTV. There will be augmented reality and virtual reality booths, too.
Auto industry pins hopes on new launches
About 50 new launches are expected at the February 7-12 event.
Sales of passenger vehicles rise marginally in October
Total industry sales, however, fell nearly 13%, according to SIAM data.
Passenger vehicle sales fall for eleventh month in a row
Sales of passenger vehicles—which include cars, utility vehicles, and vans—fell 23.7% in September.
Passenger car sales fall 41% in August: SIAM
The industry body says this is the worst performance by the passenger car segment—the largest by volume—in two decades.
No plan to ban petrol and diesel cars: Nitin Gadkari
The Union minister also assured the auto industry that he would take up its request for a reduction in the GST on hybrid vehicles with finance minister Nirmala Sitharaman.
Auto dealers expect sales uptick in festive season
FADA president sees the slowdown in the auto industry as a temporary blip, and believes that with the joint effort of automakers and OEMs, the sector has the potential to revive.
Car sales fall 36% in July
Data released by SIAM on Wednesday shows that passenger cars sales fell to 122,956 units from 191,979 a year ago due to muted consumer sentiment.
Auto industry seeks GST cuts from Budget 2019-20
The industry, which is facing headwinds such as rising fuel prices, muted consumer sentiment, and the transition to BS VI emission norms, expects the cut to provide some relief.
