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Home > SIAM
SIAM
With India's flagship motor show the biennial Auto Expo round the corner, the auto sector is treating the show as the launching pad of revival.
Auto industry drives into 2020 with hope after a forgettable 2019
27 Dec 2019 10:58 AM

The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.

Sales of commercial vehicles were down 14.98 per cent to 61,907 units in November, SIAM said. (Photo: Representational)
Passenger vehicle sales decline marginally in November
10 Dec 2019 11:37 AM

Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to data.

Sales of commercial vehicles were down 39.06 per cent to 58,419 units in September as compared with 95,870 units.
Passenger vehicle sales drop 24 per cent in September
11 Oct 2019 11:49 AM

Domestic car sales were down 33.4 per cent to 1,31,281 units last month as against 1,97,124 units.

The auto components industry too had demanded a uniform GST of 18 per cent. (Representational Image; Photo credit: AFP/ File)
Auto industry has to find its own balance to enhance demand: SIAM
21 Sep 2019 12:18 PM

At present, 60 per cent of auto components are taxed at 18 per cent.

Vehicle sales across categories registered a decline of 23.55 per cent to 18,21,490 units from 23,82,436 units in August 2018.
Passenger vehicle sales decline for 10th straight month; down 31.57 pc
09 Sep 2019 12:00 PM

Sales of commercial vehicles were down 38.71 per cent to 51,897 units in August.

On Sunday, major companies such as Maruti Suzuki India, Hyundai, Mahindra & Mahindra, Tata Motors and Honda reported a high double-digit de-growth in their sales in August.
Auto industry seeks immediate policy steps as sales continue to plummet
02 Sep 2019 3:06 PM

The consumer sentiment also continues to be low and there is clearly a trust deficit in lending money to the dealers.

FM Nirmala Sitharaman said the government's focus will be on setting up of infrastructure for development of ancillaries/components, including batteries for exports.
Govt unveils measures to support auto sector, boost demand
23 Aug 2019 8:18 PM

BS-IV vehicles purchased up to March 2020 will remain operational for entire period of registration, FM Nirmala Sitharaman said.

Market leader Maruti Suzuki India's production during the period stood at 5,32,979 units, down 18.06 per cent from the comparable period last fiscal. (Representational image)
Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut production
15 Aug 2019 1:07 PM

PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.

The data shows how urgent the need is for revival package from the government. There is urgent need for some kind do action, said SIAM Director General Vishnu Mathur.
Auto sales in India sees sharpest fall 19 yrs in July; 15,000 workers lose jobs
13 Aug 2019 3:16 PM

Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.

Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018.
Passenger vehicle sales fall for 9 consecutive months, drop 31 pc in July
13 Aug 2019 11:49 AM

In fact, all vehicle categories witnessed decline in sales during the month.

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