SOCIETY OF INDIAN AUTOMOBILE MANUFACTURERES
Location
Delhi
Founded
1999-06-01
Website
Risk Signals
196 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Membership Sports and Recreation Clubs, Amusement and Recreation Services, Not Elsewhere Classified, Legal Services, Business Associations), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about SOCIETY OF INDIAN AUTOMOBILE MANUFACTURERES
Live alerts from global media, monitored by Business Radar
2025-05-26 (indiatimes.com)
A China move could leave Indian car production dead in its tracks -
India's car production faced risk due to China's export restrictions on rare earth magnets. These magnets are vital for car components. SIAM urged government intervention to ease restrictions. China controls most of the global processing capacity. India imports a significant amount of these magnets from China. The import process requires approvals and certificates.
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2025-04-03 (cnbctv18.com)
Indian auto industry sees limited impact from US tariffs, gems & jewellery sector raises concerns - CNBC TV18
"It is to be noted that automobiles are not covered in this order since they are already subject to Section 232 tariffs at 25 per cent, announced earlier in President Trump's order on March 26, 2025," SIAM Director General Rajesh Menon said in a statement.
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2025-03-13 (thehindubusinessline.com)
Holi, Ugadi in March to drive demand in auto sales: SIAM - The Hindu
Upcoming festive season in March is likely to drive demand in the domestic automobile sector, thereby closing the financial year (FY) 2024-25 on a reasonably positive note, said Society of Indian Automobile Manufacturers (SIAM) on Thursday.
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2025-02-15 (freepressjournal.in)
Passenger Vehicle Dispatches Rise 4% In April 2025; Two-Wheeler Shipments Fall 17% Amid Regulatory Changes
"The Passenger vehicles segment posted its highest-ever sales of April in 2025 of 3.49 lakh units, with a growth of 3.9 per cent as compared with April 2024," SIAM Director General Rajesh Menon said.
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2025-01-15 (mobilityoutlook.com)
SIAM Sourcing Conclave Revs Up The Future Of India’s Auto Supply Chain
Balancing growth in passenger vehicles with declines in commercial segments. SUV popularity and two-wheeler surge reflect evolving consumer preferences.
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2024-08-27 (businesstoday.in)
Automakers to offer discounts of up to Rs 25,000 on new cars to buyers who scrap old vehicles - Automakers to offer discounts of up to Rs 25,000 on new cars to buyers who scrap old vehicles BusinessToday
Passenger vehicle manufacturers such as Maruti Suzuki, Tata Motors, Hyundai, Kia, Toyota, and others will offer a 1.5% discount or Rs 20,000, whichever is lower, on new car purchases against scrapped vehicles.
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2024-08-20 (economictimes.com)
india auto inventory: The curious case of 3,00,000 missing cars: It is automakers vs dealers in inventory mystery -
Carmakers and dealers are grappling with inventory levels amid slowing demand in India. The Federation of Automobile Dealers Associations (FADA) claims that their members carry stock equivalent to over two months of sales, while carmakers argue it's about half that. FADA has written to the Society of Indian Automobile Manufacturers (SIAM) twice in less than two months, protesting at stock being dumped on dealers.
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2024-08-07 (business-standard.com)
Siam to address soaring inventory concerns in executive committee meeting
Automobile Inventory: As inventory levels have surged to a high of 67-72 days, equating to Rs 73,000 crore worth of stock, the situation is raising alarms about the financial stability and sustainability of dealerships
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2024-02-16 (thehindubusinessline.com)
Export of vehicles declines 11% y-o-y in April-January: SIAM - The Hindu
Export of automobiles across categories from India declined around 11 per cent year-on-year (y-o-y) between April and January to 36,11,614 units, compared with 40,46,115 units in the same period in the last financial year (FY23)
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2024-01-15 (hindustantimes.com)
India's car exports see slight growth in 2023 while overall sector sees 21% dip |
The SIAM data has revealed that while the passenger vehicles recorded marginal growth in export numbers, other segments like two-wheelers, three-wheelers and commercial vehicles saw a decline in exports in 2023.
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2022-10-12 (india.com)
CNG Carmakers Knock Centre’s Doors After Booking Slump Amid 50-60% Hike In CNG Prices
India's CNG auto market is witnessing a drop in the number of units being sold as the CNG prices have been burning holes in the pockets of common people. There has been a 10-15% decline in the number of CNG vehicles, according to an ET report
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2022-05-23 (indiatimes.com)
Hike In CNG Prices: Auto industry seeks reduction in CNG prices, ET Auto
Hike In CNG Prices: The auto industry also keenly looks forward to similar support on the CNG prices which have seen exponential increase in the last seven months, the Society of Indian Automobile Manufacturers (SIAM) noted.
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