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  • Auto Industry Performance for September, July-September, and April-September 2024

    14-Oct-2024 | New Delhi

    Monthly Performance: September 2024 Production: The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers, and Quadricycle in September 2024 was 27,73,039 units Domestic Sales: · Passenger Vehicles2 sales were 3,56,752 units in September 2024. · Three-wheeler sales were 79,683 units in September 2024 · Two-wheeler sales were 20,25,993 units in September 2024. 1 BMW, Mercedes, JLR, Tata Motors & Volvo Auto data are not available. 2 BMW, Mercedes, JLR & Volvo Auto data are not available. Tata Motors Domestic Sales data for September included only in this document. However, without Tata Motors, ‘Total PV’ would be 3,15,689 units for September 2024

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  • Auto Industry Performance of August-2024

    13-Sep-2024 | New Delhi

    Monthly Performance: August 2024 Production: The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers, and Quadricycle in August 2024 was 24,91,263 units Domestic Sales: • Passenger Vehicles2 sales were 3,52,921 units in August 2024. • Three-wheeler sales were 69,962 units in August 2024 • Two-wheeler sales were 17,11,662 units in August 2024.

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  • Hon’ble Prime Minister Highlights Vision for Sustainable Mobility at SIAM's 64th Annual Convention

    10-Sep-2024 | New Delhi

    New Delhi, 10 September 2024: At the 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) today, the industry focused on “Sustainable Mobility Journey towards Viksit Bharat” wherein prominent leaders and policymakers discussed the pivotal role of sustainable mobility in achieving Viksit Bharat goals by 2047. In his special message, Hon’ble Prime Minister of India, Shri Narendra Modi, emphasized on the need for the Automobile sector to set an example for others to follow and said, “The road ahead demands that our progress is rapid while also being sustainable. Working on greener and cleaner mobility is a vital step in this direction”.

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  • Aatmanirbharta & Exports are key focus areas for the Auto sector

    10-Sep-2024 | New Delhi

    New Delhi, 10 September 2024: The concluding session of SIAM’s 64th Annual Convention focused on “Aatmanirbhar in automobile supply chain & leveraging India’s potential in global Markets” and underlined the necessity to placing more emphasis on indigenous manufacturing and localization. Mr. Vinod Aggarwal, President of SIAM and Managing Director & CEO of Volvo Eicher Commercial Vehicles Ltd., emphasized on the importance of self-reliance (Aatmanirbharta) in the automotive supply chain. He remarked, “Through the 'Make in India' initiative, we are targeting a reduction in imports of components and materials by 16-20% by 2027, significantly boosting local production capabilities. SIAM has showcased also 50 essential components, including electronics and electrical items and encouraging ACMA members to invest and manufacture in India."

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  • Technological Innovations as Catalysts for Growth in Sustainable Mobility, says SIAM

    10-Sep-2024 | New Delhi

    New Delhi, 10 September 2024: The Session on “Technological Innovations – A Catalyst for Fueling Growth in Sustainable Mobility" at SIAM’s 64th Annual Convention emphasized technological innovation to stride big towards achieving the goal of sustainable mobility. Providing a comprehensive overview of the current technological innovations and their impact on the industry, Mr S Sandilya, Past President, SIAM and Group Chairman, Royal Enfield (A Unit of Eicher Motors Ltd) remarked, “Battery technology is the cornerstone of sustainable energy, crucial for addressing range anxiety in electric vehicles. Additionally, hydrogen energy and fuel cells present significant opportunities for creating environmentally friendly vehicles. Software-driven vehicles are transforming the automotive industry by enhancing safety and user experience. Together, these innovations are not just redefining our industry; they are setting the stage for a radically sustainable and user-focused future in transportation.”

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  • India to raise Ambition and Achieve Global Leadership in Sustainable Mobility

    10-Sep-2024 | New Delhi

    New Delhi, 10 September 2024: The 64th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM) discussed strategies to achieve "Global Leadership in Sustainable Mobility." Guest of Honour, Mr. Anurag Jain, Secretary, Ministry of Road Transport & Highways, Government of India, highlighted the importance of collaboration between the Government and the automotive industry to drive sustainable growth, mentioning, "As we aim to transform India into a developed country by 2047, substantial effort is required across various sectors. Our roadmap for the development of National Highways and the expansion of the metro network from 21 cities to 60 by 2047 reflect our commitment to enhancing infrastructure. Our vision for Amrit Kaal is anchored by four principal pillars: efficient and equitable logistics, safety in movement, sustainability in transport, and enhanced user convenience”. Mr. Shailesh Chandra, Vice President of SIAM and Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., said, “Attaining global leadership in sustainable mobility demands our focus on critical future areas such as hydrogen utilisation, adoption of circular economy, and shared mobility solutions. We will explore strategies for aggressive localization in India's manufacturing sector. Additionally, we will look at methodologies to position India among the top five low-cost manufacturers globally, leveraging our unique capabilities and innovations.”

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