Page 7 - Siam

Passenger vehicle dispatches rise 19% in June as chip supply improves: SIAM

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

Is the auto industry finally switching to the fast lane?

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 seeks reduction in CNG prices, import duty cut on raw materials

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.

Electrification not silver bullet for achieving carbon neutrality: OICA

OICA is an international trade association which comprises 39 national automotive industry trade associations. India's auto industry lobby group SIAM is a member

PV dispatches dip 4% in April as supply challenges remain, says SIAM

Total passenger vehicle domestic wholesales stood at 251,581 units last month as compared to 261,633 units in April 2021

Auto sales remain low in FY22; two-wheeler dispatches lowest in 10 years

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 sales dip nearly 4% in March: SIAM data

Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 2,90,939 units

SIAM requests GoI to include auto spares in Line of Credit to Sri Lanka

India has recently announced $1-bn line of credit to Sri Lanka to help the country tide over the current economic crisis

Automobile dispatches decline 23% as supply-side challenges continue: SIAM

Wholesale of domestic passenger vehicles, two-wheelers and three-wheelers declined 23 per cent to 1,328,027 units last month, compared with 1,735,909 units in February 2021

Automobile dispatches dip 23% in Feb as supply challenges continue: SIAM

Automobile dispatches from factories to dealerships declined 23 per cent in February, as various supply-side challenges, including semiconductor shortage, industry body SIAM said

Automakers oppose six airbag rule, cite constraints on domestic capacity

Industry is now in discussion with MoRTH to reconsider the rule pointing out that there is no country where such a regulation is mandated

Passenger vehicle sales dip 19% in Nov as chip shortage woes continue: SIAM

'In the festive season, industry was hoping to make up for the lost ground, but the sales in the month of November 2021, were the lowest in seven years for passenger vehicles,' says SIAM director

Semiconductor shortage effect: Auto wholesale dip 11% in August, says SIAM

The total wholesales across categories, excluding commercial vehicles, declined to 1,586,873 units last month, compared to 1,790,115 units in August 2020.

Car sales double to over 200,000 in June, says automobile body Siam

Three-wheeler sales de­c­lined to 9,397 units last month as against 10,300 units in the same period last year

Rising fuel prices to have negative impact on automobile industry: SIAM

Rising fuel prices will have a negative impact on the automobile industry, hitting vehicle demand, while also adding to the overall inflationary pressure, auto industry body SIAM said on Wednesday.

SIAM hails government's decision to extend FAME II certificate validity

Auto industry body SIAM on Wednesday termed the government's move to extend the FAME II certification validity by one year as a step in the right direction

Covid-19 pandemic washes out 6 years of growth in auto sales: SIAM data

The decadal growth in the auto industry has now slowed from 12.8 per cent to 1.8 per cent, indicating there is a lot more to the slowdown

Steel shortage from Posco may force automakers to suspend production: SIAM

Auto industry body SIAM on Monday said supply shortage of steel from Posco's Maharashtra-based plant could lead to suspension of production at various facilities of leading companies. Raigad-based manufacturing plant of South Korean steel major Posco is one of the major suppliers of steel in the industry. It is currently facing labour issues that have resulted in the disruption of supply to some of the leading automakers in the country. "Disruptions in supplies from Posco Maharashtra Steel has resulted in non-availability of steel for some of the major Auto OEMs," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon said in a statement. As per industry sources, auto companies such as Maruti Suzuki, Hyundai Motor, Kia Motors, Tata Motors and Mahindra & Mahindra source steel from the Posco plant. There have been no despatches of steel since March 4 except for one day, wherein some trucks loaded with steel and held up outside the factory premises were ...

Passenger vehicle sales in India up 11% to 2,76,554 units in January: SIAM

As per the latest data by Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also rose 6.63 per cent to 14,29,928 units, compared to 13,41,005 units in January 2020

Automobile industry in India going through structural slowdown: SIAM

The auto industry has been facing headwinds even before the pandemic derailed the entire sector last year