Page 17 - Auto

Maruti Suzuki cars to get cheaper under GST reform, know new prices here

Maruti Suzuki cars are set to become more affordable with the new price cuts, as per the new GST reforms. Prices on hatchbacks and compact sedans will be reduced from 22nd September 2025

Car sales fall in August 2025, but two-wheelers ride festive demand: Siam

PV dispatches fell 9% in August to 321,840 units, while two-wheeler sales rose 7% and three-wheeler sales hit a record, as buyers awaited GST-driven price cuts

ES-Tec acquisition likely to help expand Tata Technologies' presence

Acquisition strengthens Tata Tech's presence in Europe, boosting ADAS, e-mobility, and engineering services for global automakers

80% automakers face launch delay due to late-stage engineering changes

Changes should drop To fewer than 15% in pre-production, 8 % or less in production post-launch

India's auto-component industry to touch $200 bn by 2030: McKinsey

Domestic autocomp sales are projected to grow 7-8 % per annum until financial year 2030

Auto Inc seeks closer ties with Centre for critical raw materials

It is working on a plan to secure supplies for next two-three quarters

Policy stability key to India's manufacturing future: Maruti Suzuki MD

Takeuchi cited Suzuki Motor Corporation's decision to produce its first global electric vehicle, the e-VITARA, in India as evidence of the country's rising status in world markets

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