Search For "automobile industry"
Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 4 months, 3 weeks ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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India's automobile industry showed mixed trends in Q2, with recovery signs
Updated : 5 months ago IST
The SIAM data shows that the passenger vehicle (PV) sales reached 1.04 million units during July-September 2025, reflecting a marginal de-growth of 1.5 per cent year-on-year.
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Wholesale beat automobile demand estimates in September: Report
Updated : 5 months, 1 week ago IST
India's automobile industry recorded a strong rebound in September 2025, with wholesale volumes across all major vehicle segments surpassing expectations, according to a report by ICICI Securities. The demand revival came after the Goods and Services Tax (GST) reduction on September 22, whic
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GST 2.0 drives auto sales, Hyundai motor records 11,000 dealer billings on
Updated : 5 months, 1 week ago IST
The festive season got off to a strong start for the automobile industry as customers thronged car showrooms on the first day of Navratri.
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PVs down, but three-wheeler segment records best-ever August sales: SIAM
Updated : 5 months, 1 week ago IST
The Indian automobile industry witnessed mixed performance in August 2025 with passenger vehicle sales declining, while three-wheeler and two-wheeler segments registered growth, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
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GST reforms in automobiles focused on increasing indigenous manufacturing
Updated : 5 months, 1 week ago IST
The Government of India has taken a significant step to boost the automobile industry through rationalisation of GST rates across various vehicle categories and components.
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Auto sector growth recovers in August by increased rural demand and higher
Updated : 5 months, 1 week ago IST
India's automobile industry recorded strong growth in August 2025, as festive season buying and steady rural demand pushed sales across two-wheelers, tractors, and commercial vehicles. According to various company data, manufacturers reported gains that underline a recovery driven by both do
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Potential GST cut should provide a boost to domestic auto demand: Jefferie
Updated : 5 months, 1 week ago IST
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene
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India's domestic passenger vehicle sales dip in July; Two and three-wheele
Updated : 7 months ago IST
India's automobile industry saw mixed performance in July 2025, with passenger vehicle sales dipping slightly while two and three-wheelers recorded growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
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Indian automobile industry welcomes landmark India-UK Free Trade Agreement
Updated : 7 months, 1 week ago IST
The Indian automobile industry has warmly welcomed the recently signed India-UK Free Trade Agreement (FTA), calling it a landmark and transformative development in the global economic landscape.
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India's auto industry can cut emissions by 87% by 2050 through green energ
Updated : 7 months, 1 week ago IST
India's automobile industry, the world's third largest, could reduce its manufacturing emissions by up to 87 per cent by 2050 through a transition to green electricity and low-carbon steel, noted a report released on Tuesday by the Council on Energy, Environment and Water (CEEW).
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India's passenger vehicles and two-wheelers sector anticipates festive sea
Updated : 8 months ago IST
Passenger Vehicles and Two-Wheelers sales are expected to experience an uplift, helped by the upcoming festive season typically serves as a demand driver, according to the recent report by the Society of Indian Automobile Manufacturers (SIAM).
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