Only Rs 30,000 for your ten-year old diesel car? Nah!!!

Your ten your old diesel vehicle, whether it is a BMW, Audi, Mercedes-Benz or a Maruti Suzuki or Hyundai car, could fetch you a financial incentive of maybe up to Rs 30,000 in case you are staying in the National Ca...

NSDC report says 1.5 crore skilled workforce required in Auto sector by 2022

The National Skill Development Corporation (NSDC) has stated in a report that by 2022, nearly 15 million (1.5 crore) people are expected to be employed in automobile sector directly in the industry. The report sugge...

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Electric Motor scores over internal combustion engine in Union Budget 2015-16

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

Mahindra’s Auto Sector sells 36,328 units in Dec 2014

Mahindra & Mahindra Ltd. (M&M Ltd.) has announced its auto sales numbers which stood at 36,328 units during December 2014, as against 39,611 units during December 2013. The Passenger Vehicles segment (which includes...

Constitution Amendment Bill on GST tabled in Lok Sabha

After the Union Cabinet approved the proposal for introduction of a Bill in the Parliament for amending the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country on Dece...

AMP 2016 growth targets to fall short of 20-25pc

The sluggish macro-economic factors during the last three years have led to a significant slowdown, which is amongst the worst that the Indian automotive industry has witnessed. This has impacted the pace of growth ...

It’s a dud Budget for the automotive sector

A lot was expected from Finance Minister Arun Jaitley for the automotive sector but none of that figured in the Union Budget 2014-15 announced on July 10, 2014. The Budget focussed on infrastructure and simplificati...

Modi wins; Auto industry expectations are high

The Bharatiya Janata Party (BJP) has won 283 seats in the Lok Sabha. The Congress party, till recently the ruling party at the Centre came a very distant second with a mere 43 seats. With Narender Modi soon to take ...

Car, bike, CV makers cut prices across range

Barely a few days after Finance Minister P Chidambaram announced an excise duty reduction in the Interim Budget 2014, vehicles makers across the country have announced price cuts of their model range. In the Interim...

Excise relief for Motown Industry

In the Interim Budget, Finance Minister P Chidambaram reduced excise duty on small cars and motorcycles from 12pc to 8pc. There is also a cut to 20pc for large and mid segment cars and 24pc (from 30pc) for SUVs. Com...

SIAM convention emphasises on auto industry

The Society of Indian Automobile Manufacturers (SIAM) organised its Annual Convention 2013 to commem

Cut petrol, diesel price differential: SIAM

The Society of Indian Automobile Manufacturers (SIAM) has asked Government to reduce the differentia

Union Budget 2012-13 & auto industry

The Annual Budget 2012-13 has been tabled in the parliament and is widely believed to move and shake

IYM appoints Roy Kurian as National Business Head

India Yamaha Motor Pvt. Limited (IYM) has announced the appointment of Roy Kurian




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