Search For "passenger vehicle"
Auto sales growth to continue till FY29 supported by GST 2.0, income tax c
Updated : 5 months, 1 week ago IST
The demand upcycle in the passenger vehicle (PV) segment could continue up to FY29, supported by GST 2.0 reforms and a strong outlook for the automobile sector, according to a report by Nuvama.
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Auto sector discounts to trend down as GST cuts set to lift demand: Motila
Updated : 5 months, 1 week ago IST
Discounts in the automobile sector are expected to trend down across key segments as the recent GST cuts are likely to lift demand, according to a report by Motilal Oswal.
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Non-life insurance sector continues to witness slowdown in August: Care Ed
Updated : 5 months, 1 week ago IST
The non-life insurance sector in India continued to experience a slowdown in premium growth in August due to a decline in crop insurance and a softer market for passenger vehicles, Care Edge Ratings said in a report.
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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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Driving Change: Dawki's Velocitti and Gravitti Bring Smart, Clean Mobility
Updated : 5 months, 1 week ago IST
Pune (Maharashtra) [India], September 10: Dawki Mobility, an emerging manufacturer in India's electric three-wheeler sector, yesterday announced the introduction of two new brands under its product line: Velocitti, an electric passenger vehicle available in two variants - Velocitti Mini (₹3.
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India auto retail records 2.84% YoY growth in August, GST 2.0 and festive
Updated : 5 months, 1 week ago IST
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
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Hyundai vows to pass on GST benefits to car buyers from Day 1
Updated : 5 months, 1 week ago IST
Hyundai Motor India (HMIL) vowed on Sunday that it will pass on the complete benefit of the recent GST rate reduction on passenger vehicles to its customers right from Day 1, i.e. September 22, the date the revised GST rates come into effect.
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Jefferies raises growth outlook for 2 wheelers, passenger vehicles amid GS
Updated : 5 months, 1 week ago IST
The auto industry is likely to get a significant boost as the government is expected to announce Goods and Services Tax rate cuts soon.
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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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Maharashtra govt to launch App-based rickshaw-taxi e-bike service
Updated : 7 months, 1 week ago IST
According to the release, the app-based rickshaw, taxi, and e-bike services for passenger transport will now not be limited to private companies. It is proposed to give one of the names, such as Jai Maharashtra, Maha-Ride, Maha-Yatri, or Maha-Go, to this app, which will be launched in collab
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Indian auto industry faces subdued FY26 growth amidst weak demand: Report
Updated : 7 months, 1 week ago IST
The Indian auto industry is expected to experience subdued growth in FY26, with most segments anticipating low to mid-single-digit growth, as revealed in a recent report by Motilal Oswal.
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