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society of indian automobile

Auto industry needs 2 lakh skilled people by 2030 to meet 30 pc EV adoption target: SIAM

by Adesola Mojo
Auto industry needs 2 lakh skilled people by 2030 to meet 30 pc EV adoption target: SIAM

New Delhi: Indian automotive industry will need up to 2 lakh skilled people by 2030 to meet the government’s vision of 30 per cent electric vehicle adoption, the Society of …

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Categories Automobile

car sales: Discounts, freebies drive in as automakers seek to push sales

by Adesola Mojo
car sales: Discounts, freebies drive in as automakers seek to push sales

Carmakers have started offering discounts and freebies this fiscal after a hiatus of three years, hoping to entice new buyers and clear record inventory levels. Car dealership stock reached an …

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Categories Automobile

Bajaj Auto: Halve your fuel expense? Bajaj’s CNG bike may do just that

by Adesola Mojo
Bajaj Auto: Halve your fuel expense? Bajaj’s CNG bike may do just that

Bajaj Auto, the third-largest motorcycle maker by sales, said it will disrupt the entry level domestic motorcycle market with the launch of the world’s first compressed natural gas (CNG)-run motorcycle, …

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Categories Automobile

India car sales: Car sales touch record mark in February amid better supplies and strong consumer demand

by Adesola Mojo
India car sales: Car sales touch record mark in February amid better supplies and strong consumer demand

As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), as many as 370,786 cars, sedans and utility vehicles were sold last month, which is an increase …

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Categories Automobile

China Plus One: Auto industry to invest $7 bn in 5 years to deepen parts localisation

by Adesola Mojo
China Plus One: Auto industry to invest  bn in 5 years to deepen parts localisation

Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions …

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Categories Automobile

Maruti Suzuki, Hyundai, Tata, Renault post the highest-ever share of sales from rural markets in 2023

by Adesola Mojo
Maruti Suzuki, Hyundai, Tata, Renault post the highest-ever share of sales from rural markets in 2023

Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among …

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Categories Automobile

December auto sales: Domestic passenger vehicle sales rise 4% YoY at 2.86 lakh units in December: SIAM data

by Adesola Mojo
December auto sales: Domestic passenger vehicle sales rise 4% YoY at 2.86 lakh units in December: SIAM data

The total domestic Passenger Vehicle (PV) wholesales rose 4 per cent in December 2023 at 2,86,390 units as against 2,75,352 units sold in December 2022, data from Society of Indian …

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Categories Automobile

Auto sales India: PV sales rise to record high levels in October: SIAM data

by Adesola Mojo
Auto sales India: PV sales rise to record high levels in October: SIAM data

Sales of passenger vehicles increased in strong double-digits to its highest ever levels last month amid an improvement in supplies and strong customer demand in the ongoing festive season. As …

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Categories Automobile

SUV craze drives up used car market

by Adesola Mojo
SUV craze drives up used car market

If you are looking to buy a second-hand Innova, Creta, Brezza, Scorpio, XUV 500, Nexon or any other popular SUV, chances are that you may have to fork out up …

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Categories Automobile

harrier: Tata Motors bets on SUV launches and upgrades to scale new peaks

by Adesola Mojo
harrier: Tata Motors bets on SUV launches and upgrades to scale new peaks

Tata Motors is looking to cement its position in the country’s internal combustion engine (ICE)-powered sports utility vehicle (SUV) market with the new facelift versions of Safari and Harrier as …

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Categories Automobile
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