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GST CUTS ON CARS
Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...
Maruti cars could cost Rs 30,000 more soon. Here's whyMaruti Suzuki announced a price increase of up to Rs 30,000 across its vehicle range, effective June 2026. This decision stems from sustain...
Car, two-wheeler loan originations fall in Q4 after GST-cut; gold loans zoom: ReportAuto and two-wheeler loan originations saw a significant drop in Q4 FY26 after a December quarter surge, with auto loans declining 11.6% an...
Passenger vehicle dispatches rise 25.4 per cent YoY at 4,37,312 units in April: SIAMIndian auto sales started the new fiscal year strongly. Passenger vehicle dispatches saw a significant jump of 25.4 percent in April. Utili...
Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boomWhile Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor Indi...
Tata Motors turns cautious on capex amid West Asia war headwindsTata Motors is proceeding with caution on its spending plans. The West Asia crisis has created several challenges for the company. Despite ...
Auto sales jump 13% to 2.61 million units on strong demand tailwindsVehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle cat...
Maruti Suzuki shares deliver Rs 1.28 lakh crore shock from January peak. Is the worst behind?Maruti Suzuki shares have dropped nearly 25% from their January peak, wiping out Rs 1.28 lakh crore in value amid margin and market share c...
India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
'Demand for Maruti cars healthy in local market despite global challenges,' says senior executive Partho BanerjeeMaruti Suzuki anticipates strong growth this financial year. Demand for its cars remains high, exceeding supply. The company plans to incre...
Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
Maruti Suzuki sees double-digit growth in FY27 as demand holds firm despite West Asia tensionsMaruti Suzuki anticipates strong growth this financial year, aiming for over 10 percent. Domestic demand remains robust, exceeding supply. ...
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...
Maruti Suzuki shares jump 4% after Q4 results. What Jefferies, Goldman Sachs and HSBC recommend nowMaruti Suzuki shares saw a significant jump. The company reported strong revenue and record sales for the March quarter. Despite a profit d...
Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
Passenger Vehicle growth to slow to 4-6 % in FY27 on high base, macro risks; UVs to drive demand: ICRAPassenger vehicle industry growth in India is set to slow down in FY2027. This moderation follows strong performance in FY2026. Factors lik...
Classic Legends plans capacity expansion, weighs greenfield factoryClassic Legends is planning to expand its production capacity. This includes considering a new factory as its current plant will soon reach...
Auto sales hit record high in FY26 as tax cuts, rate easing drive demandIndia’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...
Automakers ride the affordability wave to log record sales in FY26Indian car sales hit a record 4.7 million vehicles in the last fiscal year. This surge was fueled by tax cuts and new car launches. Industr...