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GST REDUCTION AUTOMOTIVE
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in AprilIndian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record pe...
- India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
- Simpler on paper, complex in practice: Auto industry grapples with new GST frameworkIndia's GST Council has streamlined taxes on automobiles, shifting from a four-tier to a two-tier structure by discontinuing the Compensati...
- GST 2.0: Kia cars just got cheaper this festive season as full GST benefit passed to customers; Check model-wise prices nowKia India will pass on the full benefit of the recent GST reduction to customers across its entire ICE portfolio, effective September 22, 2...
- Nissan extends GST advantage to customers, prices to drop by up to Rs 1 lakhNissan Motor India will pass on GST cut benefits to customers. The company welcomes the government's new GST rates. This reduction aims to ...
- Hyundai announces price cuts up to Rs 2.4 lakh following GST reforms: Check changes for each model hereHyundai Motor India will pass on GST reform benefits to customers. The company announced significant price reductions across its passenger ...
- Hyundai, Tata Motors shares in focus on announcing price cuts following GST reformHyundai Motor India and Tata Motors are set to slash vehicle prices following recent GST rate cuts. Hyundai's price reductions reach up to ...
- Looking at India as potential market for small e-cars, GST cut makes it attractive: VW Group CEOVolkswagen is considering introducing its affordable small electric cars to the Indian market, leveraging partnerships to optimize their in...
- GST rate cut on tyres to bring down vehicle operating and logistics costs: ATMAThe Automotive Tyre Manufacturers' Association (ATMA) welcomes the GST Council's decision to lower tyre GST rates to 18%. ATMA believes thi...
- ATMA urges govt to not treat tryes on par with luxury product, calls for 5 pc GSTAutomotive Tyre Manufacturers Association requested the government to reduce GST on tyres. They want the rate to be five percent instead of...
- Auto industry pins hope on consumption-led demand in Budget for revival of growthOn the backdrop of the global semiconductor shortages, automotive OEMs had expected investments in the sector to reduce such supply chain i...
- Two-wheeler stocks rally post FM's statement on a possible GST cutShares of Hero MotoCorp, the country’s largest two-wheeler maker, gained as much as 6.43% to close at Rs 3,161.95 per share on the BSE. The...
- Auto players should also take up GST rate cut demand with state FMs: MoS FinanceAutomobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent to help the sector come out...
- Auto industry united in seeking GST rate cut on vehicles: SIAM"The automotive industry is currently facing a daunting challenge of a deep slowdown that urgently needs some form of stimulus from governm...
- India’s steel consumption to cross psychological 100-million tonne mark in 2019The consumption growth is tipped to be driven by a expected 7.1% growth in domestic steel demand in calendar year 2019 , the ISA said.
- Berger Paints lines up Rs 280 crore capex by 2021The expansion is likely to be complete by 2021.
- Lifestyle International, Sharma Trading Co indulged in profiteering: DGSIn the GST regime, complaints of profiteering come to Standing Committee under the authority, which then scans the complaints and sends to ...
- Tata Motors cuts passenger vehicle prices by up to Rs 2.17 lakhYesterday, Mahindra and Mahindra announced reduction in prices of its utility vehicles and SUVs by up to 6.9 per cent on an average. Simila...
- 'Implementation of GST to attract more FDI'According to a survey of corporate India by Feedback Business Consulting Services, which covered 67 companies from various sectors, GST rol...
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