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GST CUTS AUTO SALES
GST cuts drive 20% surge in auto sales, industry leaders sayAt Maruti Suzuki, passenger vehicle sales grew nearly 36% year-on-year between April and August 2026, with the entry-level segment surging ...- States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: CrisilRevenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore,...
- Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
- From Maruti to Mahindra, top industry execs say GST 2.0 changed the demand equationPassenger vehicle demand surged after GST rationalisation, boosting Maruti Suzuki's sales significantly. Mahindra & Mahindra also reported ...
- NPCI says GST on UPI MDR will not burden small merchantsNPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety...
- First-time car buyers make a comeback as lower GST boosts small-vehicle demandFirst-time car buyers are returning to India's market, increasing their sales share significantly. Lower taxes have revived demand for entr...
- Auto sales: Strong festive demand may be hit by low dealer stocks, supply constraintsAs the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply co...
- Volkswagen workers demand action as German auto jobs face cutsIn a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...
- Effect of GST rate cuts on commodities neutralised by 'galloping' inflation: CongressCongress has highlighted that the gains from GST rate reductions are being wiped out by escalating inflation. They claim that increasing co...
- FII selling returns in first half of September as financials, auto stocks face heavy outflowsIn early September, foreign investors shifted to selling after a series of buying phases. Notably, financials, automotive, and oil and gas ...
- Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
- GST cuts, lower prices put dishwashers on Indian kitchen mapsDishwasher sales are rapidly growing in India after recent GST rate reductions. Manufacturers have adapted machines for Indian cooking, boo...
- UPI MDR could cost 47.2 bps with GST for merchantsThe new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at Rs 300 on transactions of Rs 75,00...
- Domestic CV wholesale volumes to grow 4-6 pc in FY27: ICRADomestic commercial vehicle wholesale volumes are projected for moderate growth this fiscal year. Medium and heavy vehicles should see slig...
- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- Car sales jump over 30% in August as festive demand buildsPassenger car sales increased by over a third in August, reaching 439,309 units. This growth followed a decline in the previous year due to...
- No chargers, no deal: Europe's biggest truckmakers push back against the 2030 climate deadlineEurope's leading truckmakers want the EU to postpone 2030 emissions targets by three years. They cite insufficient charging stations and hi...
- GST reforms rewrote the auto stock map: Who won, who lost and where can investors still make money?The recent GST reforms have significantly impacted the automotive stock market following a rate cut announcement. Notably, Sona BLW Precisi...
- Petrol loses its crown as alternative fuels overtake it in India’s record August auto salesAugust 2026 marked a historic milestone in India's auto retail market, exceeding all previous records. In a significant shift, alternative ...
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