SIAM is the Apex National Body representing Indian Automobile Industry

Press Releases

  • Auto Industry Decline by 75% During the 1st Quarter of 2020-21 Compared to Same Period Last Year Significant Improvement in June 2020 for Passenger Vehicle and Two Wheelers Compared to Previous Months

    14-Jul-2020 | New Delhi

    Monthly Performance: June 2020 Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of June 2020 was 1,094,363 as against 2,253,407 in June 2019 with a degrowth of (-) 51.44%. Domestic Sales: • Passenger Vehicles* sales was 105,617 units in June 2020, compared to 209,522 units in June 2019 marking a decrease by (-) 49.59%. • Three-wheeler sales was 10,300 units in June 2020 compared to 51,885 units in June 2019 marking a decrease by (-) 80.15%. • Two-wheeler sales was 1,013,431 units in June 2020, compared to 1,649,475 units in June 2019 marking a decrease by (-) 38.56%.

  • Mr Rajan Wadhera, President, SIAM on “Aatma Nirbhar Bharat” package announced by the Hon’ble Finance Minister

    18-May-2020 | New Delhi

    While commenting on the “Aatma Nirbhar Bharat” package announced by the Hon’ble Finance Minister through a series of announcements, Mr Rajan Wadhera, President, SIAM welcomed the focus towards MSMEs ; NBFCs and the Agri-sector. The Agri sector package may benefit the Auto sector indirectly in the medium term but the Indian Automotive industry needed an immediate stimulus to boost demand, which has not happened, as per Mr Wadhera.

  • Mr Rakesh Sharma, ED, Bajaj Auto takes over as IMMA’s President

    22-Apr-2020 | New Delhi

    The International Motorcycle Manufacturers Association (IMMA), the voice of the global motorcycle industry, has elected Mr Rakesh Sharma, Executive Director, Bajaj Auto from of its member organisation SIAM, the Society of Indian Automobile Manufacturers for a 2-year mandate, as President of IMMA. Mr Sharma had been previously holding office as Vice-President in IMMA, elected in May 2019.

  • SIAM welcomed the announcements by RBI

    17-Apr-2020 | New Delhi

    Society of Indian Automobile Manufacturers (SIAM) welcomed the announcements by RBI to support the NBFCs and the MSME sector by infusing liquidity in the system. While commenting on the RBI announcements, Mr Rajan Wadhera, President, SIAM, stated “COVID-19 has left the Indian economy and automobile industry in deep distress and financial support and demand revival is a necessity. SIAM is thankful to the RBI for its timely intervention that supports increased liquidity in the economy and also enables banks and NBFCs in providing finance to companies.”

  • SIAM Released the Auto Industry Sales Performance data for March 2020 and April 2019 - March 2020

    13-Apr-2020 | New Delhi

    March 2020 Production: The industry produced a total 1,447,345 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in March 2020, as against 2,180,203 in March 2019 with a degrowth of (-) 33.61%.

  • Society of Indian Automobile Manufacturers (SIAM) has filed an application in the Hon’ble Supreme Court seeking directions for ensuring that sale and / or registration of BS-IV vehicles are allowed till the cut-off date of 31st March 2020 stated Mr Rajan Wadhera, President, SIAM.

    01-Apr-2020 | New Delhi

    As India leads global fight against COVID-19, 1st April 2020 gets recorded as a defining moment in Indian Automotive Industry journey as it transits today nation-wide to BS VI Emission Norms, from BS IV, by skipping BS V Emission Norms, altogether. This transition has been four year ahead of the first plan of Government of India in 2014, wherein it was proposed to move to BS VI in the year 2024. While the resolve of our mighty nation is currently under test, unflinching commitment and combined efforts of Indian Auto Industry only has made BS VI migration a reality against all odds.