May 14, 2026 2:34 PM

Passenger Vehicle Dispatches Rise 25.4% in April: SIAM

Domestic passenger vehicle dispatches to dealers in India rose 25.4 per cent year-on-year to 4,37,312 units in April 2026, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday. Two-wheeler sales also recorded strong growth during the month, rising 28.4 per cent to 18,72,691 units compared to April last year. Three-wheeler dispatches to dealers increased 32.8 per cent year-on-year to 65,668 units in April. According to SIAM, the total production of pa...

December 2, 2025 12:19 PM

Passenger vehicle sales jump 21% in November as GST cuts fuel demand

India’s passenger vehicle market witnessed robust growth in November, with domestic wholesales rising to around 4.25 lakh units, marking a 20.7 per cent year-on-year increase. The surge in demand was largely driven by lower prices following the recent GST rationalisation, which encouraged customers to upgrade or purchase new vehicles. Maruti Suzuki India (MSIL) reported strong market sentiment. Partho Banerjee, senior executive officer of marketing and sales at MSIL, said during a virtual pre...

September 16, 2024 3:26 PM

PM Modi urges automakers to focus on sustainable mobility, highlights industry’s role in economic growth

Prime Minister Narendra Modi in a written address to the annual convention of the Society of Indian Automobile Manufacturers (SIAM) emphasized the need for the Automobile sector to set an example for others to follow. PM Modi said the automotive industry will drive even higher economic growth and in turn, thrive on demand growth. At the 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) today in New Delhi, the industry focused on "Sustainable Mobility Journey towards Vi...