SIAM is the Apex National Body representing Indian Automobile Industry

Press Releases

  • 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.

  • Overall Auto Industry Growing in Double Digit Marginal Growth in Passenger Vehicles

    09-Nov-2018 | New Delhi

    Production The industry produced a total 19,575,255 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-October 2018 as against 17,112,236 in April-October 2017, registering a growth of 14.39 percent over the same period last year.

  • SIAM partners with Japan Automotive Recyclers Alliance (JARA) to organise 11th Asian Automotive Environmental Forum (AAEF) in India

    01-Nov-2018 | New Delhi

    New Delhi, 01 November, 2018: Society of Indian Automobile Manufacturers (SIAM), the apex national body representing the Indian automobile sector, in collaboration with Japan Automotive Recyclers Alliance (JARA), organised its 11th Asian Automotive Environmental Forum (AAEF) in New Delhi today. Organized in India for the first time, the 11th AAEF event is titled “Automotive Recycling in India: Pathway to the Future - Towards a Sustainable Society”. The focus of the conference was on setting-up viable infrastructure and providing solutions for handling End-of-Life Vehicles (ELV) in India. Over 150 delegates from China, Japan, USA, India and other countries participated in the AAEF conference. Representatives from the government departments and key stakeholders also took part in the symposium to share their experience in establishing vehicle recycling infrastructure, ELVs and the learnings for India.

  • Auto Industry Challenged Further on Time to Deliver BS VI Vehicles

    25-Oct-2018 | New Delhi

    The Auto Industry has always strived to be proactive in mitigating vehicular emissions and is bound to honour the verdict of the Supreme Court in the matter of Sales and Registration of BS VI Vehicles versus manufacture, with effect from 1st April 2020, despite the huge challenge this change in the date poses for the industry as a whole. This was stated by Mr. Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM) today. Mr. Wadhera said that the Government had provided a clear window of 3 months for registering the small number of fully built vehicles and 6 months for Bus/Truck Chassis which may remain unsold with the dealer/manufacturer post 1st April 2020, after considering all aspects of the matter. However, the ongoing debate at the Supreme Court had created a huge ambiguity leading to policy uncertainty. While the verdict reads down a clear Gazette Notification issued by Government, it also puts to rest the big ambiguity haunting the industry for so long, said Mr. Wadhera. With this new clarity , the industry will have to put in much more effort and attention to meet the new target date of ensuring sales and registration of only BS VI vehicles from 1st April 2020 onwards.