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Searched Tag: auto industry

Two-wheeler sales, meanwhile, surpassed passenger vehicle sales, witnessing a 7 per cent on-year rise to 21,60,889 units last month, as compared to 20,25,993 units in the year-ago period, the auto body said

Highest-ever vehicle sales in Sept: SIAM

October 16, 2025, 01:51 PM - 3 min read

The overall passenger vehicle dispatches last month rose 4.4 per cent to 3,72,458 units, as against 3,56,752 units in September 2024, as per data by the Society of Indian Automobile Manufacturers (SIAM)

Overall, though, two-wheeler retail sales rose 6.5 per cent to 12,87,735 units as against 12,08,996 units in the year-ago period

Auto retail sales increase in September for Tata Motors, Maruti

October 12, 2025, 02:08 PM - 3 min read

While Tata Motors and Maruti Suzuki saw a year-on-year increase in their retail sales share last month, Hyundai Motor India and Toyota Kirloskar Motor saw a dip in their respective market share

With effect from September 22, the company will pass on the full benefit of the recent reduction in GST rates on automobiles to customers, the country's largest carmaker said in a regulatory filing

Maruti announces price cuts; small cars cheaper by more than ₹1L

September 18, 2025, 04:30 PM - 3 min read

A senior Maruti Suzuki India official also said the company will pass on the GST rate cut benefit on car parts used in service and maintenance to reduce the overall total cost of ownership

Representatives of the auto industry have pressed on the government to secure critical raw materials such as rare earth magnets amid shifting geopolitical alignments and changing trade dynamics

Critical raw materials cause for concern: Auto industry

September 14, 2025, 07:15 PM - 2 min read

India’s auto industry bodies have stressed on the importance of securing rare materials for the industry as geopolitical tensions damage the global trade environment

Since the cancellation charges are very low compared to the benefit that customers will get after September 22, borrowers are opting for a fresh loan process

Banks face car loan cancellations in run-up to GST rate cut

September 14, 2025, 06:04 PM - 3 min read

Banks across the country have reported increasing requests for car loan cancellations ahead of the dateline for the implementation of the GST rate cut of September 22

The country’s automobile industry is a key driver of the economy which can help India achieve self-reliance across the manufacturing value chain, said Prime Minister Narendra Modi on Thursday

PM: Govt, automakers must join forces to be self-reliant

September 11, 2025, 12:45 PM - 4 min read

The automobile industry is a torchbearer of the ‘Make-in-India’ initiative, said the Prime Minister, while underscoring the role played by it to advance India’s ‘Viksit Bharat’ goals in green tech, EVs, and manufacturing

The Indian automotive sector has welcomed the GST Council’s decision to cut tax rates on various categories of automobiles, saying it is timely and will significantly benefit first-time buyers and middle-income families

Auto ind backs ‘growth-spurring’ GST rate-cuts

September 4, 2025, 01:58 PM - 4 min read

The GST Council’s decision to slash GST on various categories of automobiles has been hailed by the auto industry, saying the new rates will benefit first-time buyers and middle class families