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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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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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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.
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Pan-India FASTag Implementation Will Enable Seamless Vehicles Movement: SIAM
The Society of Indian Automobile Manufacturers (SIAM) has extended its support to the Ministry of Road Transport and Highways (MoRTH) for mandating FASTags at Toll Plazas on all highways, across the country. The apex body of manufacturers says that "FASTag is one of the important steps taken by the Government of India in its aim to achieve the visi...
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SIAM Welcomes Vehicle Scrapping Guidelines Issued By Ministry of Road Transport & Highways
The Ministry of Road Transport and Highways (MoRTH) has issued the draft guidelines for setting up Authorised Vehicle Scrapping Facility (AVSF) in the country and Society of Indian Automobile Manufacturers (SIAM) has welcomed the process.
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Government To Push Scrappage Policy As Soon As Possible: Nitin Gadkari
The Minister of Road Transport and Highways (MoRTH) Nitin Gadkari says that a scrappage policy will be announced soon. Gadkari was speaking at the 59th Annual Society for Indian Automobile Manufacturers (SIAM) convention today and said that the government is working on introducing a scrappage policy as soon as possible. The announcement comes at a ...
-
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.
-
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.
-
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.
-
Pan-India FASTag Implementation Will Enable Seamless Vehicles Movement: SIAM
The Society of Indian Automobile Manufacturers (SIAM) has extended its support to the Ministry of Road Transport and Highways (MoRTH) for mandating FASTags at Toll Plazas on all highways, across the country. The apex body of manufacturers says that "FASTag is one of the important steps taken by the Government of India in its aim to achieve the visi...
-
SIAM Welcomes Vehicle Scrapping Guidelines Issued By Ministry of Road Transport & Highways
The Ministry of Road Transport and Highways (MoRTH) has issued the draft guidelines for setting up Authorised Vehicle Scrapping Facility (AVSF) in the country and Society of Indian Automobile Manufacturers (SIAM) has welcomed the process.
-
Government To Push Scrappage Policy As Soon As Possible: Nitin Gadkari
The Minister of Road Transport and Highways (MoRTH) Nitin Gadkari says that a scrappage policy will be announced soon. Gadkari was speaking at the 59th Annual Society for Indian Automobile Manufacturers (SIAM) convention today and said that the government is working on introducing a scrappage policy as soon as possible. The announcement comes at a ...
