It is no secret that the Indian automotive market is going through a bad phase. Sky rocketing petrol and diesel prices, high interest rates and lack of proper infrastructure are few of the major reasons which have been pulling down the sales volume.
siam
SIAM Pleads Govt to Reconsider Petrol Price Hike and Revise Diesel Price to Maintain Parity
After negative reactions started pouring in, Society of Indian Automobile Manufacturers (SIAM) pleaded the government to reconsider the petrol price hike and revise the diesel price to maintain a fair parity.
SIAM predicts Double Digit Growth For Cars This Year, 30 new launches expected
The bygone year was a disappointing year for the car industry. The overall growth registered was a mere 2.19 percent that too was aided because fo March 2012’s bumper sales else it might have gone on a negative. Nonetheless, SIAM (Society of Indian Automobile Manufacturer) has predicted that the current financial year would be better … Read more
SIAM Framing Guidelines For Car Recalls
We heard this in the western and foreign countries most often, but it has reached India as well. Car recalls have become more frequent in our country and there are no preset guidelines or government policies on this. Automotive Industry body SIAM is working towards framing a car recall policy which is a voluntary … Read more
New ‘Star’ Ratings To Become Mandatory For Fuel Efficiency
The way, all your newly purchased electrical household items such as Refrigerators, Air Conditioners, Televisions etc. bear a sticker displaying the ‘Stars’ ratings displaying the power consumption efficiency, the new cars will bear the same to show how fuel efficient the product is. Even though the new standards will be in effect only in 2015 … Read more