Page 14 - Auto

GST cut relief: Two-wheeler prices may decline by as much as ₹24,500

The GST Council recently cut tax rates on sub-350cc two-wheelers and three-wheelers from 28 per cent to 18 per cent, effective September 22, 2025

Auto industry bodies meet CBIC chief over compensation cess concerns

At present, dealers have an inventory of around 600,000 vehicles, which were loaded up in anticipation of the festival rush

Auto bodies seek closer cooperation with govt to secure key raw materials

The industry has a shared resolve to transform challenges into opportunities and position India as a reliable and competitive global hub for mobility components while navigating geopolitical challenge

Ashok Leyland MD sees CV sales crossing pre-pandemic peak in FY26

Shenu Agarwal said India's CV industry is poised to surpass the FY19 peak in FY26, supported by GST measures and robust retail demand despite short-term market complexities

Small SUV segment may see maximum growth after GST relief: Hyundai COO

Hyundai COO Tarun Garg said the small SUV segment, already the biggest in India, could see maximum growth after GST cuts, aided by urban demand, pay hikes and rising aspirations

Helped by GST move, PV sales growth may rebound to 7% by FY27: Maruti

Maruti Suzuki sees passenger vehicle growth returning to 7% CAGR by FY27, with small car sales projected to rise 10% as GST cuts, tax relief and lower EMIs boost demand

CV segment biggest beneficiary of GST cut in auto sector: Ashok Leyland

"CV will be actually the biggest beneficiary among the automotive sector," Agarwal said when asked about the impact of recent GST rate reduction on the auto sector

Auto firms assure all cars made since 2023 can run safely on E20 fuel

Automakers including M&M, Tata Motors and Hyundai confirm vehicles made since 2023 are safe on E20 fuel, countering fears as Gadkari calls social media criticism politically driven

Auto industry must pursue self-reliance, green growth: PM Modi at Siam

PM Modi asked the automobile industry to align with sustainable mobility and global leadership in green transport, stressing self-reliance across the value chain

Gadkari seeks extra discounts for buyers with vehicle scrapping certificate

Speaking at Siam's event, Nitin Gadkari said he has requested PM Modi and FM Nirmala Sitharaman to offer GST relief to customers buying a new vehicle after scrapping their old one

Skoda to focus on India to drive growth, avoid over-reliance on Europe: CEO

The company, which is driving the Volkswagen Group's business in India, is preparing for a "big game" in the battery electric vehicles segment in the country

Govt, auto industry need to work together to achieve self-reliance: PM Modi

PM also noted that there are multiple investment and collaboration opportunities as the nation is progressing towards smart and green mobility

GST rate cut to inject fresh growth momentum into auto sector: Siam

Siam President Shailesh Chandra also welcomed the government's move to "suitably amend some of the procedural issues

Auto dealers shower discounts before GST shift with 600k vehicles in stock

Overall amount paid by dealers in compensation cess is estimated to be in excess of Rs 4000 crore

Despite China's assurance, rare-earth magnet supply eludes automakers

Despite China's assurance, Indian automakers are yet to get rare earth supplies, deepening EV and auto component uncertainty

Auto Inc's big data move: Vahan likely to take the wheel by January

OEMs already favour retail market share based data to forecast production and dispatches

'Some data' affected by cybersecurity incident, says Jaguar Land Rover

"Our forensic investigation continues at pace and we will contact anyone as appropriate if we find that their data has been impacted," the company, owned by India's Tata Motors, said

Skoda, Volkswagen to cut prices to pass on full GST revamp benefits

Effective September 22, the price of Kodiaq SUV will be reduced by up to ₹3,28,267, while that of compact SUV Kylaq by up to ₹1,19,295

GST reforms: Fada urges PM Modi to resolve compensation cess issue

Fada has urged PM Modi to address compensation cess rollover ahead of GST 2.0 rollout, warning that auto dealers face a Rs 2,500 crore hit and liquidity stress this festive season

TVS invests ₹100 cr in NTorq 150 launch, eyes festive scooter demand

TVS Motor has invested Rs 100 crore in its NTorq 150 Hyper Sport Scooter, aiming to capture festive-season demand and consolidate its position in the premium scooter market