List of articles tagged: SIAM

Fiat launches Punto 90hp Sport and second Fiat Caffe at Pune, new Tata Safari Storme will go on sale in July, Premier Rio to use Fiat's Multijet diesel and auto manufacturers in India may get recall guidelines by end of year.

Labels to be present very soon, fuel efficiency standards to be implemented by 2015

The Society of Indian Automobile Manufacturers (SIAM) is said to be working on formulating a voluntary vehicle recall policy for the Indian OEMs, a first for the Indian automotive industry. This policy will be on voluntary lines and seek to systematize the procedure and specifications of vehicle recall.

Buying boom that followed the global financial crisis in 2009 has reduced; high taxes, fuel prices contributing factors to stunted growth. 

After de-licensing of the Automobile industry in 1991, India’s vehicle population has been increasing exponentially. With rapidly increasing vehicle population there is concurrently need for modern facilities for recycling and recovering materials from vehicles, which reach the end of their useful life. In US, Europe and Japan recycling facilities gradually developed along with the organic growth of automobile industry. End of life regulations mandate recyclability levels for new design vehicles in Europe and Japan. As motorcycles form a small proportion of population, they do not come under the ambit of these rules.

The year 2010 ended on a high for the Automobile Industry in India and the fact that there were more than 50 launches throughout the year in different segments shows the kind of interest car manufacturers are taking into bringing their products in the market. Society of Indian Automobiles (SIAM), in its yearly report mentioned that the Indian car market grew by 32.69 % in 2010.

ŠkodaAuto India announced a two day long ‘Free Pollution Check Up’ campaign on the occasion of ‘World Environment Day’. The ‘Free Pollution Check Up’ campaign aimed at spreading awareness about environment, will be held on 5th and 6th June at all Skoda dealerships across India. SkodaAuto India is the first automobile company to initiate a “Free Pollution Check” camp for all customers across India celebrating the World Environment Day. 

The auto sector in India has had a rollicking year with the sales figures jumping every month. The slowdown had its effects but didn't last long. According to figures available, the automotive industry in India grew by 26.41% in sales in 2009-10.

The Budget for 2010-11 is just hours away and the auto industry is rife with news that the excise duty on diesel engines which was reduced a couple of years ago would again be increased and this news has certainly not gone down well with the auto experts.

Auto makers in India is expecting the government to continue with the stimulus packages in this Budget as well, provided to them during the economic downturn.