Suzuki is transferring more export production from Japan to India, as the role of the latter continues to increase in the company's global strategy
The bench noted that the government had funds but it was delaying disbursal owing to procedural issues
Maruti Suzuki Victoris: The Victoris SUV was just introduced by Maruti Suzuki in India. The carmaker will shortly begin taking bookings for the SUV. However, a token of 11,000 can be used to book it
Speaking at the Victoris launch event, MD and CEO Takeuchi said India has the largest youth population in the world, who will drive growth and become the company's current and future customers
Two-wheeler sales in August 2025 rose for Royal Enfield, TVS, Hero and Suzuki, while Bajaj and Honda reported declines, with festive demand and GST reforms set to boost outlook
The disruption adds to JLR's woes after a report in July said it had delayed the launch of its electric Range Rover and Jaguar models for more testing and for demand to pick up
The panel recommended raising the GST rate to 18per cent from 5per cent currently for EVs priced between 2 million and 4 million rupees ($23,000-$46,000)
GST 2.0 Impact on Car Price: With the proposed dual tax slabs, GST 2.0 is anticipated to lower the cost of small cars while also making larger and even luxury vehicles more affordable
The electric vehicle maker now intends to ship between 350 and 500 cars to India this year, with the first batch expected to arrive from Shanghai in early September
Domestic passenger vehicle sales dropped 7.3% in August to 330,000 units as buyers and automakers awaited GST Council reforms, with Maruti Suzuki and M&M reporting weaker volumes
The investment is aimed at expanding manufacturing capacity for off-highway tyres (OHT) and tracks at the Midigama and Kotugoda facilities
August sales included 44,001 units in the domestic market and 16,500 units exports, Hyundai Motor India Ltd (HMIL) said in a statement
Pre-buying ahead of the TREM V emission norms, proposed to take effect from April 1, 2026, could further aid volume growth, it added
At present, all major categories of automotive tyres attract GST at 28 per cent, the highest tax slab
VAHAN data shows 3% m-o-m drop in retail auto sales; EV market hopes hold up
The CEO plans to double this share in the April-June quarter of the previous year. "Twenty per cent market share is something I think is possible for our business in the near term," Mehta said
Brokerages see repo and CRR rate cuts, along with a likely GST rate reduction as key triggers
India set a 2025 target years ago for 20 per cent ethanol blending in fuel, called E20, as part of Prime Minister Narendra Modi's focus on clean energy
The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation
Automakers are in the process of informing dealers about E20 usage in older cars and related guidelines