Latest News on Auto Sector
Showing of 0 - 10 from 26 results
Auto Sector - Total results - 26
Feb 11, 2019
Sensex declines 151 points on heavy selloff in auto, bank stocks; Nifty slips below 10,900 markThe 30-share barometer after shuttling between 36,588.41 and 36,300.48 points, finally ended at 36,395.03, down 151.45 points, or 0.41 percent.
Jan 30, 2019
Budget 2019: Will govt take populist route and make announcements to include petroleum products under GST ambit?While petroleum products are constitutionally included under the GST, the date on which the GST shall be levied on such goods shall be decided by the GST Council.
Dec 21, 2018
Sensex cracks over 400 points, Nifty drops below 10,900; realty, banking, IT and auto sectors bleedAfter plummeting over 400 points, the 30-share Sensex was trading 372.44 points, or 1.02 percent, lower at 36,059.23 at 1100 hrs.
Nov 21, 2017
India's transition to electric and connected mobility system can save $330 billion: ReportEven under a shared mobility paradigm, over 46,000,000 vehicles (two, three, and four wheelers) could be sold by 2030, said the report.
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