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Auto Sales October 2021: Passenger Vehicle Sales Drops 27% YoY Due To Chip Shortage
The Society of Indian Automobile Manufacturers (SIAM) has released the monthly sales numbers for October 2021. Last month the total passenger vehicle sales in the domestic market stood at 2,26,353 units, a year-on-year decline of 27 per cent compared to the 3,10,694 vehicles sold in October 2020.
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Indian Auto Sector Sees Overall Growth Of 4% In July 2021; PV Sales Grew 45% YoY
The Society Of Indian Automobile Manufacturers, or SIAM India, has released the monthly sales data for July 2021. Last month, the auto sector witnessed an overall year-on-year (YoY) growth of 4 per cent, selling 15,36,269 vehicles, as against 14,76,861 units sold in July 2020.
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Appeal To Vehicle Manufacturers To Make 6 Airbags Compulsory: Nitin Gadkari
Union Minister Nitin Gadkari was meeting a delegation of CEOs of the Society of Indian Automobile Manufacturers (SIAM), and made the appeal for additional airbags, along with emphasising the need to rollout flex-fuel cars in a year.
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Auto Sales March 2021: Passenger Vehicle Sales Grew 3% Over February 2021; Total PV Sales In FY2021 Fell By 2%
The Society Of Indian Automobile Manufacturers (SIAM), has released the auto industry's sales performance data for March 2021. Domestic passenger vehicle sales in March 2021 stood at 290,939 units, while the same for the entire Financial Year 2020-2021 stood at 2,711,457 vehicles.
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August Car Sales Up 14%, Festive Season To Pave Way For Faster Revival: Industry Body
Passenger vehicle sales in the country rose 14.16 per cent in August compared with the corresponding period a year ago, industry body Society of Indian Automobile Manufacturers (SIAM) said on Friday. That included a 14.13 per cent increase in passenger car sales last month, data showed. The latest data from SIAM highlights a pickup in the country's...
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New Battery Policy Could Help Boost Demand For EVs In India: Prakash Javadekar
Speaking at the 60th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM) today, Prakash Javadekar, Minister of Environment, Forest & Climate Change, said that the government's new battery policy could help boost demand for electric vehicles in India.
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Announcement For Scrappage Policy To Be Made Soon: Union Minister Prakash Javadekar
Speaking at the 60th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), Union Minister of Environment, Forest & Climate Change Prakash Javadekar said the Government of India will soon announce the scrappage policy.
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Car Sales Drop 58% In June, Passenger Vehicle Sales Down 50%: Industry Body
Passenger vehicle sales in the country declined 49.59 per cent last month compared with the corresponding period a year ago, industry body Society of Indian Automobile Manufacturers (SIAM) said on Tuesday. That included a 57.98 per cent drop in passenger car sales in June. The latest data from SIAM highlights weakness in the country's automobile ma...
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FADA Wants Manufacturers To Increase Fixed Dealer Margin To 7% Of Selling Price
The Federation of Automobile Dealers Associations (FADA) has recently requested for an upward revision of the fixed dealer margin on vehicles to 7 per cent of the selling price. The dealers' association says that it has sent out multiple communications to Society of Indian Automobile Manufacturers (SIAM), who on their part have conveyed the same to...
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Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
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Bajaj Auto's Rakesh Sharma Appointed As President of The International Motorcycle Manufacturers Association
Sharma who also is the Executive Director of Bajaj Auto has been elected from its member organisation- the Society of Indian Automobile Manufacturers (SIAM) for a period of two years.
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Coronavirus Pandemic: SIAM Welcomes Finance Minister's New Announcements For Relaxation Of Norms
The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed a...
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Coronavirus Pandemic: Auto Industry Body Tells Manufacturers To Shutter Production
In view of the ongoing Corona Virus pandemic The Society of Indian Automobile Manufacturers (SIAM), the umbrella body for all vehicle manufacturers in India along with Automotive Components manufacturers' association of India (ACMA) have issued an advisory to Auto manufacturers to halt their plant operations temporarily.
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Union Budget 2020: Automobile Dealers Federation Expresses Disappointment
The Federation of Automobile Dealers' Association (FADA), as well as automobile industry body Society of Indian Automobile Manufacturers (SIAM) have both expressed disappointment with the Union Budget 2020.
-
Auto Sector Seeks Incentive-Based Scrappage Scheme In Budget
The Society of Indian Automobile Manufacturers (SIAM) has sent this and other recommendations to the government for the upcoming Budget 2020-21.
-
Auto Sales October 2021: Passenger Vehicle Sales Drops 27% YoY Due To Chip Shortage
The Society of Indian Automobile Manufacturers (SIAM) has released the monthly sales numbers for October 2021. Last month the total passenger vehicle sales in the domestic market stood at 2,26,353 units, a year-on-year decline of 27 per cent compared to the 3,10,694 vehicles sold in October 2020.
-
Indian Auto Sector Sees Overall Growth Of 4% In July 2021; PV Sales Grew 45% YoY
The Society Of Indian Automobile Manufacturers, or SIAM India, has released the monthly sales data for July 2021. Last month, the auto sector witnessed an overall year-on-year (YoY) growth of 4 per cent, selling 15,36,269 vehicles, as against 14,76,861 units sold in July 2020.
-
Appeal To Vehicle Manufacturers To Make 6 Airbags Compulsory: Nitin Gadkari
Union Minister Nitin Gadkari was meeting a delegation of CEOs of the Society of Indian Automobile Manufacturers (SIAM), and made the appeal for additional airbags, along with emphasising the need to rollout flex-fuel cars in a year.
-
Auto Sales March 2021: Passenger Vehicle Sales Grew 3% Over February 2021; Total PV Sales In FY2021 Fell By 2%
The Society Of Indian Automobile Manufacturers (SIAM), has released the auto industry's sales performance data for March 2021. Domestic passenger vehicle sales in March 2021 stood at 290,939 units, while the same for the entire Financial Year 2020-2021 stood at 2,711,457 vehicles.
-
August Car Sales Up 14%, Festive Season To Pave Way For Faster Revival: Industry Body
Passenger vehicle sales in the country rose 14.16 per cent in August compared with the corresponding period a year ago, industry body Society of Indian Automobile Manufacturers (SIAM) said on Friday. That included a 14.13 per cent increase in passenger car sales last month, data showed. The latest data from SIAM highlights a pickup in the country's...
-
New Battery Policy Could Help Boost Demand For EVs In India: Prakash Javadekar
Speaking at the 60th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM) today, Prakash Javadekar, Minister of Environment, Forest & Climate Change, said that the government's new battery policy could help boost demand for electric vehicles in India.
-
Announcement For Scrappage Policy To Be Made Soon: Union Minister Prakash Javadekar
Speaking at the 60th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), Union Minister of Environment, Forest & Climate Change Prakash Javadekar said the Government of India will soon announce the scrappage policy.
-
Car Sales Drop 58% In June, Passenger Vehicle Sales Down 50%: Industry Body
Passenger vehicle sales in the country declined 49.59 per cent last month compared with the corresponding period a year ago, industry body Society of Indian Automobile Manufacturers (SIAM) said on Tuesday. That included a 57.98 per cent drop in passenger car sales in June. The latest data from SIAM highlights weakness in the country's automobile ma...
-
FADA Wants Manufacturers To Increase Fixed Dealer Margin To 7% Of Selling Price
The Federation of Automobile Dealers Associations (FADA) has recently requested for an upward revision of the fixed dealer margin on vehicles to 7 per cent of the selling price. The dealers' association says that it has sent out multiple communications to Society of Indian Automobile Manufacturers (SIAM), who on their part have conveyed the same to...
-
Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
-
Bajaj Auto's Rakesh Sharma Appointed As President of The International Motorcycle Manufacturers Association
Sharma who also is the Executive Director of Bajaj Auto has been elected from its member organisation- the Society of Indian Automobile Manufacturers (SIAM) for a period of two years.
-
Coronavirus Pandemic: SIAM Welcomes Finance Minister's New Announcements For Relaxation Of Norms
The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed a...
-
Coronavirus Pandemic: Auto Industry Body Tells Manufacturers To Shutter Production
In view of the ongoing Corona Virus pandemic The Society of Indian Automobile Manufacturers (SIAM), the umbrella body for all vehicle manufacturers in India along with Automotive Components manufacturers' association of India (ACMA) have issued an advisory to Auto manufacturers to halt their plant operations temporarily.
-
Union Budget 2020: Automobile Dealers Federation Expresses Disappointment
The Federation of Automobile Dealers' Association (FADA), as well as automobile industry body Society of Indian Automobile Manufacturers (SIAM) have both expressed disappointment with the Union Budget 2020.
-
Auto Sector Seeks Incentive-Based Scrappage Scheme In Budget
The Society of Indian Automobile Manufacturers (SIAM) has sent this and other recommendations to the government for the upcoming Budget 2020-21.
