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.
Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki, said that the new GST rates would help customers who want to switch to four-wheelers. "The gift given by our honourable Prime Minister to the customers of India, we hope that those who want to upgrade to 4 wheeler
The shift towards green fuels and sustainable mobility is shaping the future of India's auto industry, Hyundai Motor India's Managing Director Unsoo Kim said on Thursday.
The Federation of Automobile Dealers Associations (FADA) has urged the government to bring clarity on the issue of compensation cess, saying that the burden should not fall on dealers who are only part of the distribution chain.
Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that the automobile retail sector serves as the critical interface between consumers and the industry, playing a vital role in ethical marketing, transparent financing and insurance, and seamless registration processes
The Empowered +A 45 variant is priced at Rs. 17.29 Lakh, making it the base among the three. The next option, the Empowered +A 45 DARK, comes at a slightly higher price of Rs. 17.49 Lakh. Similarly, the Empowered +A 45 Red DARK is also priced at Rs. 17.49 Lakh.
Union Minister for Road Transport and Highways Nitin Gadkari, on Wednesday, said that India must reduce its dependence on imports by focusing on alternative fuels, including biofuels, hydrogen and electric mobility, while also highlighting experiments being done with ethanol and isobutanol.
Hyundai Motor Co. unveiled its first compact electric vehicle (EV) under the Ioniq brand for the European market, as it aims to expand its presence by leveraging tariff advantages over Chinese automakers, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
India could move towards a single Goods and Services Tax (GST) rate structure once the country achieves income parity across different segments of society, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said in an exclusive interview.
Kia India, on Monday, announced that it will pass on the complete benefit of the recent Goods and Services Tax (GST) reduction to customers across its entire ICE portfolio, effective 22 September 2025.
Samsung Display Co. is set to unveil a broad lineup of automotive organic light-emitting diode (OLED) solutions at Internationale Automobil-Ausstellung (IAA) Mobility 2025, the company said on Monday, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
The month of August concluded with a 2.84 per cent year-on-year (YoY) growth, led by upticks in performances in 2-wheelers (2.18 per cent), passenger vehicles (0.93 per cent), and commercial vehicles (8.55 per cent), while tractors registered a 30.14 per cent YoY growth. Only 3-wheelers decl