Need to clamp down on auto component imports: Commerce & Industry Minister Piyush Goyal
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Tuesday emphasized the need to introduce strict measures to clamp down on imports of automobile components by certain manufacturers despite their availability in the domestic market, media reports said.
New Delhi: There has been an uptick in the performance of the motor vehicles sector across segments with the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in the month of July 2022 at 2,197,954 units, and domestic sales at 1,706,545 units, according to Society of Indian Automobile Manufacturers (SIAM) report.
Passenger vehicle sales drop by 13 pc, 2-wheeler sales down by 11 pc in Dec: SIAM
New Delhi/UNI: Amidst supply constraints and spread of Omicron, passenger vehicle sales in India fell 13 percent to 2,19,421 units last month from 2,52,998 in December 2020. The sales of two-wheelers also fell 11 per cent to 10,06,062 units, from 11,27,917 in December 2020, the Society of Indian Automobile Manufacturers (SIAM) said on Friday.
Passenger vehicle production and sales hit by semiconductor shortage
New Delhi/IBNS: The despatch of passenger vehicles dropped by 27 percent year-on-year in October due to semiconductor shortage forcing automobile manufacturers to reduce production, auto industry body SIAM said on Friday.
Passenger vehicles sales up 8 per cent in August, two-wheelers down 15 per cent, unveils SIAM data
New Delhi/UNI: Indicating gradual revival in the economy, domestic sales of passenger vehicles (PVs) comprising cars, utility vehicles and vans increased 7.55 per cent to 2.32 lakh in August, 2021 as compared to 2.15 lakh in the corresponding month last year.
Auto sector: Overall vehicle sales down by over 13 percent in January
New Delhi/IBNS: It seems that slowdown in the auto sector continues in 2020 as well as sales dropped 13.83 per cent year-on-year in January across all categories.
SIAM data shows auto sector witnessed another month of record fall in August
New Delhi, Sept 9 (IBNS): Giving a hint that the crisis in the automobile sector is deepening, the monthly passenger vehicle and car sales recorded its steepest ever fall in August, as per the data released by Society of Indian Automobile Manufacturers (SIAM) on Monday.
Ashok Leyland announces five non-working days at Chennai plant
New Delhi, Sept 6 (IBNS): Indian automobile major Ashok Leyland on Friday declared five non-working days at its plant in Chennai, media reports said.
Auto industry downturn is worrisome: SIAM
New Delhi, Sept 2 (IBNS): Apex industry body Society of Indian Automobile Manufacturer's (SIAM) President Rajan Wadhera on Monday said the sales report coming out from various companies for the month of August 2019 has been very dismal with over 30 percent erosion of sales for Passenger Vehicles.
Passenger cars sale decline by 4 pc in Feb '19
New Delhi, Mar 8 (UNI) The second month of the year witnessed a decline in sales of passenger cars by 4.33 per cent.
Auto industry produces 29,075,605 vehicles in April-March: SIAM
New Delhi, Apr 10 (IBNS): The Indian automobile industry produced a total 29,075,605 vehicles, including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-March 2018 as against 25,330,967 in April-March 2017, registering a growth of 14.78 percent over the same period last year, as per data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
SIAM organised campaign to promote safety and environment awareness
New Delhi, June 5 (IBNS): Society for Automotive Fitness & Environment (SAFE), an initiative by the Society of Indian Automobile Manufacturers (SIAM) celebrated the World Environment Day on the 5th June 2017 across 6,000 automobile dealers throughout the nation. SAFE organised various activities related to environment safety and conservation along with a pledge to spread awareness around sustainable environment protection, and unceasing eco-conscious growth.