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AUTOMOBILE MARKET
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 ...
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 ...
India-New Zealand FTA to unlock new opportunities for engineering exports: EEPCAmong the key engineering exports to New Zealand are automobiles, industrial machinery for the dairy sector, medical & scientific instrumen...
India-New Zealand FTA kicks in from October 20: Indian exporters get duty-free access from day one as both nations target Rs 35,000 crore trade by 2030India-New Zealand FTA kicks in from October 20: The India-New Zealand Free Trade Agreement will come into force on October 20, giving India...
LVMH Scion Antoine Arnault adds luxury carmaker Delage to his investment portfolioAntoine Arnault, the 49-year-old executive in his father's sprawling luxury empire LVMH, is the latest to join the roster of wealthy shareh...
India-New Zealand FTA to come into force on October 20: Union Minister Piyush GoyalThe India-New Zealand Free Trade Agreement will come into force on October 20, 2026, providing duty-free access to all Indian exports to Ne...
Stellantis takes full ownership of Thiruvallur plant; targets 160 pc production ramp-up by 2027Stellantis India has acquired full ownership of its manufacturing operations in Thiruvallur, Tamil Nadu, after buying the remaining stake f...
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 ...
Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, ma...
Europe's STOXX600 falls as autos, telecoms lead broad sell-offEuropean stocks took a downturn on Friday, primarily influenced by the disappointing outlook from Volkswagen and considerations surrounding...
Sensex rises 200 points, Nifty above 23,300 as oil prices cool down. What lies ahead?Sensex and Nifty traded higher as crude oil prices eased to around $104 per barrel, while mid- and small-cap indices outperformed. Buying w...
Auto PLI investments have crossed Rs 45,000 crore: H D KumaraswamyInvestments under the automobile production linked incentive scheme have surpassed Rs 45,000 crore. The government's policy support aids do...
China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
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...
India's trade deficit narrows to $26.86 bn in August as gold imports plungeIndia’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% ...
PVs drive auto sales to record August high as India gears up for festive seasonIndia's automobile sector achieved its highest-ever August sales across multiple vehicle categories, SIAM said. Robust consumer demand and ...
India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
Maruti Suzuki Jimny, FRONX, e-VITARA exports to Japan cross 1 lakh milestoneMaruti Suzuki’s exports of Made-in-India Jimny 5-door, FRONX and e VITARA to Japan have crossed 1 lakh units, highlighting growing demand f...
China's car exports in first 8 months surpass 2025 total, as EV sales soarChina's passenger car exports have already exceeded last year's total for this year. August saw a significant 67.1% surge in passenger car ...