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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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201322 Mar

Paceman-S.jpg The Mini Paceman flaunts an array of attractive features. Sporty exterior aesthetics, lowered suspension for a dynamic ride and a thrilling reflection of the posh interior – all act as testimony for the latest offering from the MINI house.

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