siam
Government seeks suggestions from auto industry leaders for resource mop-up
The industry captains also sought liquidity support to component makers and dealerships
Domestic passenger vehicle sales down 6.2 pc in January
Car sales last month were also down 8.1 per cent at 1,64,793 units as against 1,79,324 units in the January last year.
2019 witnesses worst-ever decline in auto sales: SIAM
Total commercial vehicles saw a dip of 14.99 per cent to 8,54,759 units as against 10,05,502 units in 2018.
Auto industry drives into 2020 with hope after a forgettable 2019
The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.
Passenger vehicle sales decline marginally in November
Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to data.
India's passenger vehicle plunge 24 per cent in September
Domestic car sales were down 33.4 per cent to 1,31,281 units last month as against 1,97,124 units.
Auto industry has to find its own balance to enhance demand: SIAM
At present, 60 per cent of auto components are taxed at 18 per cent.
Dealers body asks Siam to go by retail sales
It has been urged to report monthly sales data based registrations instead of wholesales from factory gate.
Passenger vehicle sales decline for 10th straight month
Sales of commercial vehicles were down 38.71 per cent to 51,897 units in August.
Auto industry seeks immediate policy steps as sales continue to plummet
The consumer sentiment also continues to be low and there is clearly a trust deficit in lending money to the dealers.