A device is provided for adjusting, in a vehicle cabin, the position of a steering wheel secured at the free end of a steering shaft. The device includes an adjusting arrangement for adjusting, in a preferred driving position, the position of the steering wheel in at least one direction, the adjusting arrangement being supported by a retracting arrangement capable of moving the steering wheel into a retracted position wherein the steering wheel does not protrude into the vehicle cabin while maintaining unaltered, with respect to the adjusting arrangement, the preferred driving position. The device makes it possible to maintain the individual adjustment carried by a driver when the steering wheel is moved into retracted position.