Page 6 - Siam

Alternative fuels to take center stage in the India's mobility sector

Coelho highlighted that Brazil started because of economic reasons but today it is the need to decarbonize the environment

Development of sustainable mobility ecosystem need of the hour: PM to Siam

PM Modi also said that India's auto industry has been both a catalyst as well as a beneficiary in its value-creation cycle

Domestic passenger vehicle wholesales up 9% in Aug, exports rise: Siam

Highest ever August sales for passenger vehicles and three-wheelers, says report

Powered by utility vehicles, PV dispatches jump 9% in August: Siam

Passenger vehicle wholesales in the country rose 9 per cent year-on-year in August on the back of strong demand for utility models, including SUVs, industry body SIAM said on Monday. Overall passenger vehicle dispatches to dealers rose to 3,59,228 units last month from 3,28,376 units in August 2022. Utility vehicle sales increased 34 per cent year-on-year to 1,81,825 units. Passenger car dispatches, on the other hand, declined 10 per cent to 1,20,031 units from 1,33,477 units in August 2022. Van wholesales also dipped to 11,859 units from 12,236 units. "Last month saw the highest ever August month sales for passenger vehicles and three-wheelers," Society of Indian Automobile Manufacturers (SIAM) President Vinod Aggarwal said in a statement. Three-wheeler sales rose to 64,763 units in August as against 38,369 units in the same month last year. Two-wheeler dispatches increased to 15,66,594 units from 15,57,429 units. "Two-wheeler sales remained at levels similar to a year ago," Agga

Electric two-wheelers push for DBT under FAME 3 subsidy scheme to consumers

Say huge delay in government's subsidy reimbursements choking their working capital

Domestic PV wholesales rise 2.6% in July; two-wheelers down 7.2%: Siam

Industry expects 'continued growth', cites economic environment and upcoming festive season

Domestic PV wholesales rise 2.94% YoY in July at 302,521 units: SIAM

Domestic passenger vehicles wholesales registered a 2.94 per cent year-on-year increase in July at 3,02,521 units, the Society of Indian Automobile Manufacturers said on Thursday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,93,865 units in July 2022. Two-wheeler domestic wholesales were down at 12,82,054 units last month, as against 13,81,303 units in July 2022. Three-wheeler wholesales were higher at 56,034 units, as compared to 31,324 units in the year-ago month. Total vehicle dispatches across categories were at 16,40,727 units, as compared to 17,06,545 units in July 2022, SIAM said. "Though the passenger vehicle and three-wheeler segments are performing well, there has been a de-growth of two-wheelers in July 2023, compared to July 2022. "Overall, we expect that the positive economic environment, good monsoons, and upcoming festive season will support ...

Passenger vehicle sales up 2% YoY in June, 3W sales almost double: Siam

Two-wheeler sales registered a slight jump of 1.68% as the sales touched 1,330,826 in June 2023, compared to 1,308,764 in June 2022

PVs make up just 16% of the Indian auto sector in volume, but 58% in value

India saw passenger vehicle sales worth $63 billion in the financial year 2022-23

Industry wants GST relaxation, fuel-price guarantee for flex-fuel vehicles

The industry has sought 5 per cent GST on flex-fuel two-wheelers and a price guarantee on fuel for flex-fuel vehicles

Robust demand pushes passenger vehicle sales up 13.5% YoY in May: Siam

Total vehicle dispatches across categories were at 1,808,686 units in May 23, Siam data shows

PV dispatches highest ever in April, grow 13% YoY, shows SIAM data

2W dispatches up 15% YoY, auto body says all segments have posted growth this April, indicating smooth shift to BS VI Phase 2 emission norms

Passenger vehicle dispatches jumped 13% to 331,278 units in April: SIAM

Two-wheeler dispatches increased by 15% to 1,338,588 units in April

Two-wheeler exports from India skid nearly 18% in FY23, shows Siam data

Global inflation, weakening economies/currencies in key export markets seen as reasons

Realignment of gas pricing to provide relief to transportation sector: Siam

Realignment of the gas pricing mechanism by insulating the consumers from the spikes in global prices will soften prices and will provide much needed relief to the transportation sector, SIAM President Vinod Aggarwal said on Friday. In a statement, he noted that the measure will also help in re-igniting interest in CNG vehicles in India and would go a long way in promoting a clean alternative fuel in various parts of the country. "Incentivising greater production of natural gas will result in reduction in import dependence of conventional fuels, thereby enabling expansion of CNG infrastructure across the country and facilitating wider availability of CNG for vehicles," Aggarwal stated. The Union Cabinet on April 6, approved a revision in the formula for pricing of natural gas and imposed a cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent. Natural gas produced from legacy or old fields, known as APM gas, will now be indexed to the price of impor

Honda to launch new car every year till 2028 in Indian market

Kunal Behl, VP, Honda Cars India said that there are also plans to re-launch an SUV in the first half of the next fiscal year to ride on the booming segment in the country

Passenger vehicle dispatches rise 11% to 291,928 units in Feb: Siam

PV exports decreased by 9.24 percent Y-O-Y to 46,486 units in February this year. Maruti Suzuki, largest exporter of PVs, saw its foreign sales decrease by 28.7 percent to 16,956 units

Growth momentum in sale of passenger vehicles continues: Siam data

SIAM has said that BMW, Mercedes and Volvo Auto data is not available while Tata Motors data is only available for April-December

Domestic PV sales up 17.23% in January as consumer sentiment improves: SIAM

Two-wheelers ride the slow track with just 3.81% sales growth amid rural slowdown

Hero MotoCorp needs to recover market share in 125cc bike segment: CFO

Considering separate unit for EVs