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TAX CUTS ON SUVS
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- 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...
- Hyundai India plans ₹7,500-cr capex for FY27 as Q4 net fallsHyundai India is investing ₹7,500 crore and launching two new models this fiscal year to capitalize on rising demand. The company plans to ...
- '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...
- 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. ...
- 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...
- Small cars strike back: Maruti Suzuki bets on mass mobility while costs squeeze fourth quarter profitsMaruti Suzuki is prioritizing small cars for growth in India. This strategy aims for volume in a price-sensitive market. The company faces ...
- 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...
- Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
- Renault plans dual-platform strategy, targets 7 models and EV push in India by 2030Renault is launching a new strategy in India. The company will use two platforms to offer vehicles. One platform targets cars under ten lak...
- Boardroom on wheels: How MPVs have begun to speak a new language of luxury on Indian roadsThe growing popularity of the MPV among top executives and celebrities signals the arrival of a new trend -- one that is defined by practic...
- Skoda Auto Volkswagen India aims to top industry growth in FY27Skoda Auto Volkswagen India is set to outpace the Indian passenger vehicle market. The company plans to launch 18-19 new models and facelif...
- Clean mobility surge: EV, hybrid & CNG cars capture nearly 30% of India’s auto market in FY26Indian buyers are increasingly choosing cleaner vehicles. Electric, hybrid, and CNG car sales surged last fiscal year, outpacing the indust...
- 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...
- Mahindra to boost capacity after quarterly profit jumpMahindra & Mahindra is boosting production for its sports utility and electric vehicles. This expansion aims to meet growing customer deman...
- Small SUVs enter the fast track on tax boost, hatchbacks struggle to catch upTax cuts are boosting small SUV sales, increasing their market share significantly. Hatchbacks are seeing a decline in their contribution t...
- Mahindra & Mahindra shares rally 8% on GST overhaul. Is it the auto sector’s biggest winner?Mahindra & Mahindra shares surged 7.8% as GST overhaul cuts taxes on SUVs, small cars, and tractors, boosting demand. Analysts highlight M&...
- Centre for Science and Environment slams UPA government's decision to give sops to car and SUV industryCentre for Science and Environment (CSE) has slammed the new budget proposal to cut taxes on cars with fuel-guzzling and polluting SUVs enj...
- Environmentalists criticise FM for making diesel-guzzler SUVs cheaperthat while passenger cars sales had declined by 6.69%, the sales of.
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