SIAM is the Apex National Body representing Indian Automobile Industry

Press Releases

  • Cumulative Sales Growth During Apr-Feb 19 of Auto Industry Show Declining Growth Across the Segments

    08-Mar-2019 | New Delhi

    Production The industry produced a total 28,735,269 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-February 2019 as against 26,421,110 in April-February 2018, registering a growth of 8.76 percent over the same period last year.

  • Cumulative Sales Growth During Apr-Jan 19 of Auto Industry Show Positive Sign Across the Segments January 2019 Sales Decline Continues Across Segments

    08-Feb-2019 | New Delhi

    Production The industry produced a total 26,260,121 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-January 2019 as against 23,907,502 in April-January 2018, registering a growth of 9.84 percent over the same period last year.

  • A Pro-People Budget Expected to Spur Consumer Spending & Economy’s Growth: SIAM

    01-Feb-2019 | New Delhi

    SIAM welcomes the Interim Budget 2019-20 announced by the Hon’ble Finance Minister today. The budget has taken in consideration all sections of the society, especially the distressed farmers and the weaker section of the society, to extend benefits in the form of direct transfers and tax sops. Also, it has equally made progressive expenditure plans through higher budgetary allocation for infrastructural development and social measures.

  • Cumulative Sales Growth During Apr-Dec 18 of Auto Industry Show Positive Sign Across the Segments In the Month of December 2018 Sales Decline Across the Segments Due to Low Consumer Sentiments

    14-Jan-2019 | New Delhi

    Production The industry produced a total 23,861,485 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-December 2018 as against 21,432,030 in April-December 2017, registering a growth of 11.34 percent over the same period last year.

  • SIAM held its 13th Looking Ahead Conclave today with the theme “Recalibrate to Sustain in Changing Times"

    10-Jan-2019 | New Delhi

    The deliberations during the day bought out key insights on the health of domestic business environment, which is very important to shape up the outlook of domestic demand for automobile industry and overall economy. The speakers in the 13th SIAM Looking Ahead Conclave said that factors like low interest rate, benign inflation, moderation in oil prices, etc. are likely to be supportive for consumer demand. However, the economy may face major headwind due to certain domestic and global developments. On the domestic front, though food inflation is likely to remain low but the lower food prices are expected to adversely impact the farm and rural income. Economists informed that the domestic food prices are largely driven by international price, indicating India is a price taker for most of the farm output, especially crops. Hence the drop in global prices is one the reasons that have kept the domestic prices low, which means higher MSP as announced may not raise the domestic prices reasonably.

  • Low Consumer Sentiment and Tight Liquidity Drives Down Vehicle Sales In November 2018

    10-Dec-2018 | New Delhi

    Production The industry produced a total 21,945,408 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-November 2018 as against 19,502,502 in April-November 2017, registering a growth of 12.53 percent over the same period last year.