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201324 Apr

Honda-NSX-Front-S.jpg According to a statement released by the company, the new Honda NSX supercar is already receiving unprecedented demand, so much so that Honda (UK) has opened a pre-order bank for this highly anticipated supercar. For a deposit of £5,000 (Rs 4.2 lakh) potential owners can be among the first in the UK to get behind the wheel of the brand new NSX when it hits showrooms in 2015.

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201311 Apr

CarSalesStagnant-S.jpg It hasn't been the best of years for the Indian auto industry. Data compiled by the Society of Indian Autmobile Manufacturers (SIAM) shows that over the past 12 months, production has grown by just 1.2 %, from April 2012 till March 2013. The industry produced 1,685,355 vehicles in March 2013 as against 1,845,868 in March 2012, which declined by (-) 8.70 percent.

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201309 Apr

siam-fta-S.jpg The Society of Indian Automotive Manufacturers (SIAM) has released a White Paper today, strongly opposing the proposed Free Trade Agreement (FTA) with the European Union. The proposed India-EU FTA seeks to curb and eventually cease import duties on completely built-up (CBU) vehicles imported into India from the European Region. SIAM’s contention is that such a move will adversely impact domestic car manufacturers.

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