Page 18 - Auto

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

Yamaha Motor announces price cut to pass on GST rate reduction benefit

Under the revised prices, the R15 model will cost Rs 1,94,439, down from Rs 2,12,020 currently

Mahindra's August sales see slight decline; exports increase marginally

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

Automakers asked to display GST price posters at all dealerships

Executives at automobile firms are now getting posters designed and sending them to the ministry for approval before sending them to print for display

India tests alternate EV motors as China tightens rare earth exports

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 cushions dealers from cess blow; others likely to follow suit

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

BMW, Mercedes, Volkswagen vie with BYD-led China rivals at Munich show

The stakes are high. German automakers are grappling with US tariffs, muted sales in Europe and eroding market share in China

MP first state to frame EV policy, says CM on eve of World EV Day

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

JSW MG Motor, Kia announce price cuts following GST rationalisation

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

GST revamp: Will reduce prices of ICE vehicles, says TVS CEO Radhakrishnan

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

Automobile dealers seek govt intervention in compensation cess recovery

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

Volkswagen in advanced talks with US for investment deal amid tariff woes

Chief Executive Oliver Blume hoped for a quick solution "because we need to take decisions right now for localising our business there," he said

Auto sales rise 0.02% in August, GST 2.0 defers sales to September

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

From Hyundai to Tata Motors, here's how much cheaper cars get under GST 2.0

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