Siam

Wednesday, Apr 24, 2024 | Last Update : 09:58 PM IST

Delhi: The government of Thursday sought suggestions on methods of resource mobilisation from captains of the automobile industry. (PTI Photo)

Government seeks suggestions from auto industry leaders for resource mop-up

The industry captains also sought liquidity support to component makers and dealerships

01 May 2020 4:10 PM

Vehicle sales across categories registered a decline of 13.83 per cent to 17,39,975 units from 20,19,253 units in January 2019, SIAM said.

Domestic passenger vehicle sales down 6.2 pc in January

Car sales last month were also down 8.1 per cent at 1,64,793 units as against 1,79,324 units in the January last year.

10 Feb 2020 10:45 AM

Two-wheeler sales also saw a dip of 14.19 per cent last year to 1,85,68,280 units as compared with 2,16,40,033 units in 2018.

2019 witnesses worst-ever decline in auto sales: SIAM

Total commercial vehicles saw a dip of 14.99 per cent to 8,54,759 units as against 10,05,502 units in 2018.

11 Jan 2020 10:52 AM

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

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

27 Dec 2019 10:57 AM

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

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.

10 Dec 2019 11:39 AM

Sales of commercial vehicles were down 39.06 per cent to 58,419 units in September as compared with 95,870 units.

India's passenger vehicle plunge 24 per cent in September

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

11 Oct 2019 11:47 AM

The auto components industry too had demanded a uniform GST of 18 per cent.

Auto industry has to find its own balance to enhance demand: SIAM

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

21 Sep 2019 12:17 PM

The Federation of Automobile Dealers Associations or FADA has urged Society of Indian Automobile Manufacturers or Siam, the top trade lobby to start reporting monthly sales data on the basis of actual registrations based on road ministry's Vahan platform instead of wholesales from factory gates.

Dealers body asks Siam to go by retail sales

It has been urged to report monthly sales data based registrations instead of wholesales from factory gate.

13 Sep 2019 2:28 AM

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

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

09 Sep 2019 11:59 AM

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

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

02 Sep 2019 3:05 PM

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

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

23 Aug 2019 8:17 PM

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

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

15 Aug 2019 1:07 PM

Modi had asserted that India has a large enough market and big enough policy space to ensure growth of both internal combustion engine vehicles and EVs

Auto industry hails PM's assurance on co-existence of conventional engine vehicles

Auto industry has been opposing proposal by Niti Aayog to push for full conversion to EVs for ICE three-wheelers by 2023.

14 Aug 2019 5:06 PM

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

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

13 Aug 2019 3:15 PM

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

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

13 Aug 2019 11:48 AM

I do believe that kick-starting the auto industry with a few short-term measures will serve a greater national purpose, said Mahindra group chairman Anand Mahindra addressing the company's shareholders at its 73rd AGM. (Photo: File)

'Cut taxes or rollback cess as auto gloom deepens': Anand Mahindra

As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.

07 Aug 2019 6:54 PM

Yes, we have asked for certain enablers for the auto industry and they have thought on it. I am very hopeful that there will be a stimulus package (for the auto industry) coming soon, said Society of Indian Automobile Manufacturers President Rajan Wadhera.

Auto industry seeks stimulus package from government

In a meeting with Finance Minister, industry representatives drew attention to challenges faced by the auto industry.

07 Aug 2019 5:09 PM

Scrip of Bajaj Auto fell 1.54 per cent, Eicher Motors declined 1.39 per cent, while Maruti Suzuki India ended down 0.31 per cent.

Auto stocks fall up to 3 pc after SIAM's sales data

Led by losses in these scrips, the BSE auto index fell 1.07 per cent to close at 16,948.23.

10 Jul 2019 7:40 PM

Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018.

Passenger vehicle sales fall 18 pc in June; car sales decline 25 pc: SIAM

Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data by SIAM.

10 Jul 2019 12:53 PM

SIAM has urged the government to take suitable measures to promote flow of credit in the system to facilitate new vehicle purchases.

Auto industry urges govt to take immediate steps to improve liquidity

SIAM said the role of NBFCs is important in vehicle sales as they cater to customers mainly in semi-urban and rural areas.

03 Jul 2019 3:11 PM

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Sanjeev Ahluwalia

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