Reaction quote from Sridhar V, Partner, Grant Thornton India LLP – on SIAM data:
“Auto sector applied brakes to reduce inventory at the dealership end for a smooth transition to GST era. Pre GST discount sales were very much evident to enable the disposal of vehicles before June end. With the prices coming down for most category of vehicles, sales in the post GST period is expected to strengthen.”
Environmental rejuvenation, Health & Sanitation, Skill development and Road Safety were the key focus areas of the Conclave Auto industry body Society of Indian Automobile Manufacturers, (SIAM) determined to work for sustainable growth of the […]
Indian auto industry is committed to meet the challenge of achieving to BS VI emission norms by 2020. The target is very stiff but the auto industry has accepted the challenge in view of the […]
“Auto sales have been encouraging across segments due to post GST pricing, money in the hands of customers arising out of pay commission revision, more demand for BS IV vehicles and good monsoon resulting in […]
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