Under the revised prices, the R15 model will cost Rs 1,94,439, down from Rs 2,12,020 currently
The GST on small cars was reduced to 18% from 28%, owing to which the prices of vehicles have dropped significantly, thereby dragging the sales
Executives at automobile firms are now getting posters designed and sending them to the ministry for approval before sending them to print for display
Seven Indian automakers are reviewing the motors, and if cleared, production could begin within a year, well ahead of an initial 2029 target
M&M has offered relief to dealers against cess losses while GST 2.0 led buyers to defer purchases, with overall August auto retail sales up 2.84% year-on-year, FADA said
The stakes are high. German automakers are grappling with US tariffs, muted sales in Europe and eroding market share in China
It is priority of state to achieve country's electric vehicle manufacturing targets as part of the global mandate to fight climate change under the leadership of Prime Minister Narendra Modi, he added
MG Motor said it will extend the full benefit of the GST reduction across its SUV portfolio, with price cuts ranging from ₹54,000 to ₹3,04,000, effective from September 7
Electric vehicles remain unaffected and continue to enjoy the concessional rate of 5 per cent GST. The benefits will be available to customers starting September 22, 2025, it added
Once no further cess liability arises, these balances cannot be utilised against CGST/SGST/IGST under the current law, FADA President C S Vigneshwar said
Chief Executive Oliver Blume hoped for a quick solution "because we need to take decisions right now for localising our business there," he said
The two-wheeler segment registered a 1.34 per cent month-on-month growth, rising 2.18 per cent Y-o-Y, aided by festive enquiries around Onam and Ganesh Chaturthi
Hyundai, Tata Motors, Mahindra, Maruti and Renault have announced steep cuts across cars and CVs, with reductions ranging from ₹30,000 to ₹4.65 lakh from September 22
Hyundai to cut prices of Verna, Creta, Venue, i20 and Tucson by up to ₹2.40 lakh from Sept 22 after GST rate cut, making cars more affordable this festive season
Under the electric small car family, the VW Group showcased 'ID. CROSS Concept' SUV from Volkswagen brand, Skoda Epiq SUV along with sister models Volkswagen ID. Polo and CUPRA Raval
European automakers are up against stiff competition from China in the quest to bring affordable EVs to the market.
The company said the price cut ranging between Rs 60,640 on Verna to Rs 2.4 lakh on premium SUV Tucson will be applicable from September 22
Vietnam's VinFast debuts in India with two electric SUVs, VF6 and VF7, while also unveiling plans for e-buses, two-wheelers, charging stations, and smart cities
Automakers slash prices up to ₹1.56 lakh as GST 2.0 rationalises tax slabs, with Mahindra leading the move ahead of the September 22 deadline
Maruti's Alto could see a price drop by ₹40,000-50,000, while the entry-level Wagon R may see reductions between ₹60,000 and ₹67,000