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Latest Articles in siam

Semiconductor Shortage Hits Domestic Automobile Wholesales In Aug; Dispatches Dip 11 %

According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches from OEMs to dealers declined last month while passenger vehicle and three-wheeler wholesales witnessed an increase over August 2020.

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Govt Working On Establishing Charging Infra For EVs Across Country: Pandey

The minister lauded the role played by the automotive sector in generating goods and services tax (GST) as well as providing employment opportunities to over three crore people in the country.

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Transition Of Automobiles Towards Electric Mobility Inevitable: Niti Aayog CEO

Stating that India is a highly price sensitive market and Indians consumers are cost conscious, Kant said innovative business options such as battery swapping and leasing will reduce the upfront cost of batteries.

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Need Clarity On Equalization Levy In Wake Of Proposed Amendments In Finance Bill: SIAM

The levy was originally introduced in 2016 with an eye on taxing transactions arising in a digital economy. In 2020, its scope was expanded to cover non-resident e-commerce operators.

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Equalization Levy A Concern For Digital Transactions In The Auto Sector – SIAM

Equalization Levy is intended to impose a tax on payments made to foreign beneficiaries for digital services provided.

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Provide 6 Airbags As Standard, Roll Out Ffvs By Next Year: Nitin Gadkari To Automakers

Union minister Nitin Gadkari had said the government is looking for prospects about green hydrogen as a potential transport fuel, and added that whatever concessions it is offering for electric vehicles can be offered to green hydrogen also.

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Indian Carmakers Push To Delay Tougher Fuel Efficiency Rules: Sources

SIAM is expected to meet the transport minister on Tuesday to seek a one-year delay in complying with the rules, due to take effect from next April, said sources

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Focus On Rollout Of Flex-Fuel Vehicles In A Year: Gadkari To Auto Makers

Gadkari also appealed to vehicle manufacturers to compulsorily provide a minimum of six airbags across all variants and segments of a vehicle.

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Auto Expo 2022 And Auto Components Show 2022 Postponed

SIAM and ACMA Postpone AutoExpo 2022 and Auto Components Show 2022, keeping in mind the uncertainty surrounding the COVID19 pandemic

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Passenger Vehicle Dispatches Rise To 2,31,633 Units In June

Total sales across categories rose to 12,96,807 units last month as compared with 11,30,744 units in June 2020, SIAM noted.

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Govt Defers Mandatory Installation Of Front Seat Airbags In Existing Car Models Till Dec 31

The ministry has decided to defer mandatory installation of front passenger airbags in the existing car models till December 31, 2021, the official said on condition of anonymity.

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Passenger Vehicle Sales In India Dip 66 Pc In May As COVID Disruptions Take Toll: SIAM

Vehicle sales across categories witnessed a dip of 65 per cent to 4,42,013 units last month, as against 12,70,458 units in April this year.

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Passenger Vehicle Sales Dip By 10%

According to the figures released by auto industry body SIAM, Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units in April as compared to March 2021. Passenger vehicle sales in March 2021, stood at 2,90,939 units.

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Working Closely With SIAM To Enhance Localisation In Auto Component Sector: ACMA

Over 70 manufacturers and suppliers are showcasing their latest auto components and accessories in the ACMA Automechanika.

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Extension Of FAME II Certification Validity To Help Bolster Industry Confidence: SIAM

SIAM noted that the scheme is largely on the right track and would result in desirable outcomes in the coming few years.

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