Tag: Society Of Indian Automobile Manufacturers

New Delhi: Sale of passenger vehicles in the domestic market declined by 0.43 per cent on a year-on-year basis in December to 238,692 units, according to data released on Monday by the Society of Indian Automobile Manufacturers (SIAM). Domestic sales of passenger vehicles in 2017 stood at 239,723 units, the data said. Among the sub-segments […]

New Delhi: The Indian automobile sector’s sale of domestic passenger cars grew by 4.89 per cent in April, data showed on Thursday. As per the data furnished by the Society of Indian Automobile Manufacturers (SIAM), 200,183 passenger cars were sold in April — up from 190,854 units off-take in 2017. The off-take of other sub-segments […]

New Delhi: The Society of Indian Automobile Manufacturers (SIAM) on Tuesday called for greater participation of the Indian railways and waterways authority to meet the transportation demand of the auto sector. Abhay Firodia, President, SIAM and Chairman, Force Motors said that the Indian railways has been a major catalyst and “a lever in transformation of […]

New Delhi: Sales of passenger vehicles declined in February as high interest cost and financing constraints dented demand. According to the Society of Indian Automobile Manufacturers (SIAM), sales in the domestic market dropped by 1.11 per cent on a year-on-year basis in February to 272,284 units. Domestic sales of passenger vehicles in 2018 stood at […]

New Delhi: Sale of passenger vehicles in the domestic market declined by 2.96 per cent on a year-on-year basis in March to 291,806 units, according to data released on Monday by the Society of Indian Automobile Manufacturers (SIAM). Domestic sales of passenger vehicles in 2018 stood at 300,722 units, the data said. Among the sub-segments of […]

New Delhi: The Central government is expected to take some policy decisions and come up with some major road infrastructure projects to arrest the sales downturn being faced by the Indian automobile industry, Union Minister Nitin Gadkari said on Thursday. The Minister of Road Transport and Highways and Micro, Small and Medium Enterprises spoke at […]

New Delhi: Despite a 135 basis point rate cut since February and a number of measures announced by the Central government, including a sharp corporate tax cut, domestic vehicle sales plummeted for the 11th straight month in September. Society of Indian Automobile Manufacturers (SIAM) data released on Friday showed that total commercial vehicle sales — […]