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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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201310 Apr

Skoda-Rapid-S.jpg Skoda Finance Private Limited has introduced a 100 per cent finance offer on the Skoda Rapid. The new scheme will cover the ex-showroom price as 100 per cent of the loan amount. Now the consumers do not have to pay any down payment and can avail the loan at affordable interest rates. This is a limited period offer available from April 8 to 18, 2013.

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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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201318 Mar

Skoda-Rapid-S.jpg Skoda Finance Private Limited has introduced a holiday offer on the Skoda Rapid for a limited period. The new EMI scheme gives customers a chance to buy a Skoda Rapid and pay the EMI a year after the purchase. As a result of the new campaign, consumers can now avail a premium sedan without worrying about paying the EMI in the first year. The balance amount can be paid through repayment options thereafter.

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