Even as some mainline brands are conspicuous by their absence, India's biggest automobile event is for petrolheads
According to Siam, 4.13 million vehicles - including passenger and commercial - were sold in the country between January and November 2022
SMEV was set up primarily for electric two-wheeler players and start-ups in this space. Its membership restricts the entry of companies that have ICE operations and use petrol
The mid-segment bike will be the first among several models planned, will be sold separately by both companies under their own brands
Passenger vehicle exports from India increased 2 per cent in the second quarter, with Maruti Suzuki India leading the segment with dispatches of over 1.31 lakh units, as per the latest data by Society of Indian Automobile Manufacturers. The total passenger vehicle (PV) exports stood at 1,60,590 units in the July-September period as compared with 1,57,551units in the same period a year ago. Passenger car shipments saw a 5 per cent dip at 97,300 units while utility vehicle exports rose 16 per cent at 63,016 units during the period under review, data by the Society of Indian Automobile Manufacturers (SIAM) showed. Export of vans declined to 274 units in the September quarter as compared with 297 units in the same period last fiscal year. Maruti Suzuki India (MSI) led the segment during the period, followed by Hyundai Motor India and Kia India at the second and third positions, respectively. MSI, the country's largest carmaker, exported 1,31,070 PVs in the period under review, as comp
The sales of two wheelers in Q2 in FY23 at 4,674,000 units still remained below its FY17 levels. But, when compared to Q2 of FY22, it was 13 per cent high
Those scrapping old vehicles must get discount on new purchase: Gadkari
Auto industry body Society of Indian Automobile Manufacturers on Thursday elected Vinod Aggarwal as its new president for 2022-23. Aggarwal, the MD and CEO of Volvo Eicher Commercial Vehicles, succeeds Maruti Suzuki India Executive Vice Chairman Kenichi Ayukawa. The Indian automotive industry is currently at a very exciting juncture, Aggarwal stated after taking over as SIAM President. "The Indian automotive industry is witnessing rapid adoption and focus on connectivity, e-mobility and alternate fuels, and other technological advancements, to provide the consumers with not just modern, but also safe and environment friendly vehicles," he added. The SIAM also elected Tata Motors Passenger Vehicles Managing Director Shailesh Chandra as the Vice President. Satyakam Arya, CEO & MD, Daimler India Commercial Vehicles was elected as the Treasurer.
Says manufacturers' financial clout has led to inequitable contracts between the two
Three-wheelers' domestic sales jumped from 23,606 units in August last year to 38,369 units in August this year, Siam noted
Market for entry-level passenger cars, two-wheelers and three-wheelers yet to recover
The passenger vehicle dispatches to dealers increased by 11 in July as improvement in semiconductor supplies helped the companies to ramp up production ahead of the festive season, SIAM said.
Passenger car shipments saw an 88 per cent year-on-year growth at 1,04,400 units while utility vehicle exports rose 18 per cent to 55,547 units during the period under review, SIAM data showed.
As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle dispatches to dealers stood at 2,75,788 units last month against 2,31,633 units in June 2021
Utility vehicle sales have overtaken those of cars for the first time. But the two-wheeler segment is still struggling to make a comeback. Here's an insight into the auto industry and its challenges
SIAM sought a reduction in CNG prices and import duties on certain raw materials for steel and plastic products while welcoming the government's decision to lower the petrol and diesel prices.
OICA is an international trade association which comprises 39 national automotive industry trade associations. India's auto industry lobby group SIAM is a member
Total passenger vehicle domestic wholesales stood at 251,581 units last month as compared to 261,633 units in April 2021
SIAM President Kenichi Ayukawa noted that despite some recovery from a low base, sales of all four segments of the auto industry were below even the 2018-19 level
Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 2,90,939 units