Tag: Siam

A Car Manufacturing Facility In India
Indian auto sector committed to decarbonisation: SIAM

The Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body on Friday pledged to decarbonise the Indian auto sector to help India accomplish its goal of net-zero by 2070.

  • Friday, 16 September 2022
Domestic-passenger-car
Domestic passenger vehicle sales down 0.43% in December

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 […]

  • Friday, 09 July 2021
Greater participation of railways needed to meet auto logistics demand: SIAM

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 […]

  • Tuesday, 06 July 2021
car
Sale of passenger vehicles down 1.11% in February

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 […]

  • Monday, 03 May 2021
Nitin-Gadkari
Infra spending to increase to help auto industry: Gadkari

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 […]

  • Monday, 26 April 2021
Cars
Reverse Gear: August auto sales slump 23.55%

New Delhi: The sales slump continued to dent the Indian automobile industry in August as the overall sectoral off-take in the domestic market plunged 23.55 per cent. The industry which is suffering from high GST rate and lack of adequate liquidity had recorded a slump of 18.71 per cent in July, the highest monthly sales […]

  • Monday, 26 April 2021
Nirmala Sitharaman
FM Set To List Actions Of 100-Days Amid Low Macro Stats

Chennai: Amid the economic slowdown plunging August sales of automobiles to the lowest since 1997-98 indicating further worsening of demand and investment, Finance Minister Nirmala Sitharaman will elaborate on the decisions and initiatives taken by the Modi2.0 government in last 100 days. She will address media on “Furthering Development — 100 days of bold initiatives, […]

  • Monday, 26 April 2021
Untitled-121
2-wheelers in Odisha hit slowdown bumps, cars on an overdrive!

Bhubaneswar: The pinch of the economic slowdown has apparently affected the lower middle class in Odisha. The tale of continuous decline in sales of two-wheelers in comparison to a smart rise in car sales tells all. The big trend observed is the two-wheeler sales in Odisha that had posted a sharp drop of around 13.6 […]

  • Sunday, 25 April 2021
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