New Delhi, June 3 (IANS) Commercial vehicle industry growth is likely to moderate in the short to medium term due to elevated fuel and raw‑material prices, a report said on Wednesday.India’s original equipment manufacturers remain optimistic about long‑term structural drivers such as replacement demand and infrastructure spending, the report from PL Capital said.Auto dispatches in May 2026 showed sustained volume growth across most segments, though some sub‑segments moderated, the report s…
Latest Society of Indian Automobile Manufacturers (SIAM) News & Updates
New Delhi, April 16 (IANS) Maruti Suzuki India saw its grip on the domestic passenger vehicle market weaken further in FY26, with its market share falling to a 13-year low of 39.26 per cent, according to data from the Society of Indian Automobile Manufacturers (SIAM).This marks the third consecutive year of decline for the country’s largest carmaker, which once commanded nearly half of India’s passenger vehicle market.Since FY20, the Gurugram-based company has lost close to 12 percentage poi…