Festive Season Helps Auto Industry Record Highest-Ever Wholesales In November
November sees a 4% YoY surge in domestic passenger vehicle wholesales, reaching a peak, led by strong demand, especially for utility vehicles.
Dec 13, 2023, 15:51 PM IST
Diwali to bring MASSIVE hike in automotive sales, car and bike dealers witness high bookings
The festive season records highest sales for cars and two-wheelers during the calender year, and this time a 40 per cent hike is expected in the domestic vehicle sales.
Oct 23, 2022, 19:38 PM IST
Passenger vehicle sales registers DOUBLE-fold increase in September: Festive season effect?
With festive season sales at peak, the Indian market registered a bi-fold increase in September 2022, with sales of 3.07 lakh units.
Oct 13, 2022, 19:00 PM IST
Madras HC withdraws its order on 5 year bumper-to-bumper insurance
The Counsel for IRDAI submitted that the insurance regulator will consider better and fuller insurance coverage to all unfortunate victims, be it drivers, owners or gratuitous occupants or pillion riders, as the case may be.
Sep 14, 2021, 16:30 PM IST
How to scrap your old vehicle as per the new policy; check the process here
The government’s new Vehicle Scrappage Policy has laid down comprehensive guidelines about how old vehicles in the country will be scrapped or discarded. Under this new policy, government and commercial vehicles older than 15 years and private vehicles older than 20 years will be scrapped or destroyed.
Aug 31, 2021, 09:50 AM IST
Mandatory installation of front seat airbags in existing cars deferred till Dec 31
The mandatory installation of dual airbags on the front seats of existing car models by four months from August 31 to December 31, 2021.
Jun 28, 2021, 00:07 AM IST
Festive demand lifts domestic passenger vehicle sales by nearly 5% in November
As many as 2,64,898 passenger vehicles were sold in November as against 2,53,139 units in the same month last year, SIAM said in revised numbers.
Dec 11, 2020, 17:54 PM IST
India’s passenger cars sales dip 57.98% in June: SIAM
Two-wheelers and three-wheelers saw a dip in sales by 38.56% and 80.15% respectively in June 2020.
Jul 14, 2020, 11:27 AM IST
Govt working on financial package for all sectors, says official
The demand for a package to stimulate the economy has been growing from various quarters, including industry bodies and MSME sector experts.
May 07, 2020, 18:22 PM IST
December auto sales decline by over 13%; car sales down 8.40%
Society of Indian Automobile Manufacturers (SIAM) on Friday (January 10) released the December sales data citing slump in December 2019 vehicle sales by 13.08%.
Jan 10, 2020, 16:03 PM IST
Auto sector slowdown may wipe out a million jobs: SIAM
The slowdown has forced the value-chain operators across the automobile industry to reduce production and downsize workforce.
Sep 06, 2019, 13:29 PM IST
Govt to award construction work worth Rs 5 lakh crore to boost auto sector: Nitin Gadkari
Speaking at the 59th SIAM Annual Convention, Gadkari said that the Finance minister is trying to resolve the difficulties and issues faced by the auto industry.
Sep 05, 2019, 12:25 PM IST
Will make recommendation to FM to lower taxes on fuel to help Auto Industry: Nitin Gadkari
Nitin Gadkari also acknowledged that the auto sector is going through a slowdown and said it has impacted nation’s overall progress.
Sep 05, 2019, 11:46 AM IST
Passenger car sales decline by 35.95% in July: SIAM
Motorcycle sales decline by 18.88 percent and that of scooters declined by 12.10 percent.
Aug 13, 2019, 11:46 AM IST
Passenger vehicle sales dip 18.42% in April-June quarter
The industry produced a total 7,215,513 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-June 2019 as against 8,064,744 in April-June 2018, registering a de-growth 10.53 percent over the same period last year.
Jul 10, 2019, 17:37 PM IST
Passenger vehicle sales drop 20% in May; car sales down 26%
Domestic car sales were down 26.03 percent to 1,47,546 units as against 1,99,479 units in May 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
Jun 11, 2019, 18:05 PM IST
Alto best selling PV model in February; Maruti makes clean sweep of top six spots
Alto overtook MSI's compact sedan Dzire which was the best selling model in the same month last year.
Mar 22, 2019, 15:04 PM IST
SIAM seeks increase in customs duty for commercial vehicle CBUs
Customs duty on two-wheeler and cars currently ranges from 50-100 per cent.
Jan 25, 2019, 16:03 PM IST
PV sales dip in December, see fifth monthly decline since July
Similarly, domestic car sales declined 2.01 percent to 1,55,159 units, compared with 1,58,338 in December 2017.
Jan 14, 2019, 16:26 PM IST
PV sales decline 2.46% in August, car sales down 1%
Motorcycle sales last month grew by 6.18 percent to 12,06,512 units as compared to 11,36,322 units in August 2017.
Sep 11, 2018, 11:43 AM IST
