Latest News on Auto sector
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Auto sector - Total results - 24
Aug 31, 2017
GST: Will the hike in cess on luxury cars, SUVs end the twists and turns in tax policy for auto sector?Despite the auto sector crying hoarse, an ordinance has been promulgated by the Cabinet to increase the cess by 10 percent; from 15 percent to 25 percent for luxury cars and SUVs in order to plug any loss of revenue quickly.
Aug 08, 2017
GST cess on cars hiked to 25%: Auto cos lash out, say move against free-market spirit, will hit expansionToyota Kirloskar Motor, Mercedes-Benz, Audi and BMW were unanimous that increase in cess on large, luxury cars and SUVs that had become cheaper after GST rollout would dampen the spirits of the industry across the entire value chain.
May 03, 2017
Mahindra sales decline 6% in AprilM&M'S exports during the last month were down by 39 per cent to 1,528 units as compared to 2,506 units shipped out in the corresponding month of 2016.
Apr 26, 2017
Volkswagen launches Polo GT Sport priced up to Rs 9.21 lakhThe limited edition, Polo GT Sport will be available across both petrol and diesel variants of Polo GT
Mar 01, 2017
Maruti Suzuki India sales up 10.9% at 1,30,280 units in FebruaryThe company's domestic sales stood at 1,20,735 units, up 11.7 percent from 1,08,115 units in February last year
Dec 16, 2016
Demonetisation: Here's how cash crunch is likely to impact various auto segmentsThe rural market, which has a higher propensity of cash transaction, is facing a stronger cutback in consumer spends, which impacts segments like two-wheelers and tractors
Aug 04, 2016
Impact of GST on Indian auto industryPassed by the Rajya Sabha, GST now needs to be approved by state assemblies
Feb 25, 2016
Union Budget 2016: Looking forward to the implementation of GST bill, says RenaultSumit Sawhney, country CEO and managing director, Renault India Operations gives his opinion on the expectations from the Union Budget 2016
Sep 15, 2014
Indian auto sector could touch a whopping $300 bn mark by 2026Revenues of the Indian auto industry can rise 5-fold to hit the $300 billion mark, and volumes can log in over 3-fold increase to around 76 million units by 2026, according to a report.<br />
Jul 23, 2014
Honda targets 25 percent of Asia-Pac sales from IndiaHonda plans to raise the number of dealers in India to 230 by March 2015 from 179 now, said Hironori Kanayama, president and chief executive officer, Honda Cars India Ltd.<br />