SIAM

Last Updated: January 16, 2024, 18:27 ISTMaruti Suzuki Car Prices Gets a Hike by 0.45 Percent in India Starting Today, (Image source: Reuters) Maruti Suzuki hikes car prices by 0.45% in India. Despite challenges, passenger car exports rise, but two and three-wheelers face decline in demand.Maruti Suzuki has raised the prices of its cars in India. The company reports that the increase will average around 0.45 percent across various models.This adjustment, initially disclosed in November, officially takes effect from…

Global NCAP stressed on the need for the popular cars which are more economical as the first choice of a new car buyer, should be protected first.New Delhi: Unfortunately, the number of road deaths in India is still the highest among all countries in the world. While the efforts have to be stepped up by all the stakeholders, the two key pillars for road safety are largely technology and regulations. Prashant Banerjee, Executive Director, SIAM said that the industry body…

Published By: Paras YadavLast Updated: May 15, 2023, 18:03 ISTAutomobile Industry (Photo: Reuters)SIAM's proposal for zero duties is limited to 26,400 cars in the first year, increasing to a maximum of 46,200 over a decadeIndian carmakers have agreed to eliminate import tax on a limited number of vehicles in a trade deal with Britain “if the need arises", according to a document seen by Reuters, offering better access to the world’s third-largest automobile market.India currently levies 60% and 100% tax on car imports…

Published By: Paras YadavLast Updated: April 14, 2023, 10:28 ISTImage used for Representation. (Photo: IANS)As per the data from SIAM a total of 38,90,114 passenger vehicles were sold during the year 2022-23 as against 30,69,523 in the previous year 2021-22Passenger vehicles sales in the financial year 2022-23 has recorded a growth of nearly 27 percent.The Society of Indian Automobile Manufacturers (SIAM) released the data on Thursday which showed that total of 38,90,114 passenger vehicles were sold during the year…

Last Updated: February 14, 2023, 16:11 ISTImage used for Representation. (Photo: IANS)Vinod Aggarwal, President, SIAM said the rate of growth of two-wheelers in the recent year has not kept pace with the growth in the other segmentsThe growth in two-wheeler sales is not keeping pace with the sales growth logged by passenger vehicle and three-wheeler segments, said a top official of Society of Indian Automobile Manufacturers (SIAM).Referring to the January 2023 sales data of automobile manufacturers, Vinod Aggarwal,…

India’s flagship motor show Auto Expo 2023 has concluded with a record turnout of over 6.36 lakh visitors, the Society of Indian Automobile Manufacturers said on Wednesday.The biennial auto show, originally scheduled to be held in 2022 was postponed to this year due to COVID-19 and it witnessed five global launches and the launching and unveiling of 75 products.It kicked off with press days on January 11-12 followed by general public days from January 13 to 18, 2023.Also Read: Maruti Suzuki Jimny Bookings Cross 5,000…

Last Updated: January 17, 2023, 15:00 ISTVinnie Mehta, Director General, ACMA, speaking at the press conference of Auto Expo 2023 — Components Show (Photo: Paras Yadav/News18.com)Auto Expo 2023 - Components Show witnesses 800 plus exhibitors from 15 countries with six country pavilions packed stalls with serious visitors The Auto Expo 2023 - Components Show ended on Sunday with the largest-ever footfall of 1,22,500 business delegates from 65 countries, CII said.The event had pavilions from Japan and South Korea, among…

Last Updated: January 17, 2023, 13:44 ISTSociety of Indian Automobile Manufacturers. (Photo: IANS)Rajesh Menon, Director General, SIAM, said Sustainable circularity is extremely important considering the size of the Indian marketAiming to create a pathway to a Circular Economy in India, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body on Monday organised the International Conference on Sustainable Circularity in association with European Union: Resource Efficiency Initiative…

Last Updated: January 16, 2023, 14:07 ISTImage used for representation. (Photo: PTI)In the first half of the current fiscal, imports of auto components grew by 17.2 percent to Rs 79,815 Cr from Rs 64,310 Cr over the first half of 2021-2022The domestic automobile industry is scaling up efforts to enhance localisation of electronic components in order to curtail dependence on other countries, especially China, as per auto component industry body President Sunjay Kapur.In an interaction with PTI, Kapur noted that the…

Addressing an event organised by the Society of Indian Automobile Manufacturers (SIAM), Union Road, Transport and Highways Minister Nitin Gadkari has said that the country needs to promote vehicles running on more than one fuel (flex-fuel vehicles) and e-vehicles to tide over the problems created by wide fluctuations in crude oil prices in the international market.The SIAM in New Delhi on Monday organised a technology demonstration conceptualised on the adoption of ethanol and the use of flex-fuel vehicles in…