Searched for
SUV SALES AND TAXATION
In driver's seat: First-time buyers rev up sales as tax cut makes cars affordableRecent tax reductions on cars have significantly increased the number of first-time buyers for major automakers like Maruti Suzuki and Hyun...- Tata Motors to slash car prices by up to Rs 1.45 lakh from September 22 under GST 2.0Tata Motors announced a price reduction of up to Rs 1.45 lakh across its passenger vehicle range, effective September 22, due to the newly ...
- GST relief on cars, but dealers stare at Rs 2,500 cr hitGST reforms have lowered car, SUV and two-wheeler prices, but PV dealers face ₹2,500 cr losses as the compensation cess lapses on Sept 22, ...
- Maruti Suzuki bets on GST cut to revive small car demand, cushion Trump tariffsMaruti Suzuki anticipates that the proposed GST reforms, lowering the levy on small cars to 18%, will revitalize demand and boost the autom...
- Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEOStellantis India emphasizes the need for stable, uniform policies across Indian states. CEO Shailesh Hazela highlights the importance of lo...
- Small cars hit a steep decline as SUVs shift gears, leaving hatchbacks in the dustSmall car sales have significantly declined, dropping 13% in the last fiscal year, while SUV demand surged by 10.2%. This shift reflects a ...
- EVs a luxury the Indian rich can’t get enough ofLuxury electric car sales are surging in India, driven by young buyers. Uncertainties loom over market impact of new policies and Tesla's e...
- Volkswagen Group working on entry-level EV for IndiaVolkswagen Group plans to introduce an entry-level electric vehicle (EV) in India by the second-half of this decade, according to the CEO o...
- In demand race, big cars outpace other segmentsSales of SUVs and multi-purpose vehicles (MPVs) exceeding 4 metres in length now make up at least 10% in volume terms even at compact-car m...
- High taxes hampering growth of luxury car segment in India: AudiLuxury vehicles currently attract the top GST slab of 28 per cent with an additional cess of 20 per cent on sedans and 22 per cent on SUVs,...
- Mercedes Benz looks to double India sales over the next three yearsLuxury car sales continue to grow even after the festive period, indicating strong structural demand and giving confidence for higher sales...
- Volvo Car India sees growth returning next year on EV launch, localisation plansVolvo Car India said its sales volume improved in August as against July, and it expects a good festive season. The company currently sells...
- Auto makers expect demand for compact SUVs to revive sector hit hard by lockdownsFunctionality, space and comfort -- along with great driving experience and manoeuvrability – has led to more consumers preferring this cat...
- Volkswagen mulls smaller cars for India as the company looks to increase market share three-foldTo increase its share, Volkswagen needs to focus on the larger segments of the market, namely small cars.
- Lamborghini expects 30% growth driven by non-metrosAlmost a quarter of Lamborghini’s sales come from cities other than key metropolitan areas.
- High tax on luxury cars restricting market, preventing local assembly of more models: JLR IndiaSuri said the company has a strong product plan already in place and it continues to bring in new models to the country.
- Developing petrol engines to counter drop in diesel vehicle demand:M&MWith BS-VI emission norms slated to come into effect from April 1, 2020, prices of both petrol and diesel vehicles are set to go up.
- Metro rail, high tax on SUVs to improve air quality: NITI AayogThe draft policy also said that the success of efficiency in private transport depends on progress in mass transport system such as metro r...
- Volvo to introduce plug-in hybrids, electric vehicles in India"India will look to launch all the plug-in hybrid variants of the car line portfolio relevant to the market here, which will be launched gl...
- Higher excise duty to hit demand, industrial growth: AssochamIn order to boost the auto sector, the previous UPA government had cut excise duty on cars, SUVs and two-wheelers in the interim Budget in ...
Load More
