
Auto sales jump 19% in festive season; price hikes in the offing
Several automakers on Monday announced their plans to raise prices by January 2024.
Several automakers on Monday announced their plans to raise prices by January 2024.
Bharat NCAP has already received requests to test 30 models from automakers ahead of its launch, says Nitin Gadkari.
Severe monsoons and flood-like situations impacted sales
The sustained demand for both new and existing products across entry and core segments was the key to driving volumes in H1 2023, says Mercedes-Benz
Latest Jimny launch is its 4th SUV. In the non-SUV space, Maruti's market share is 65%; overall it's 46%.
HEVs operating with E-fuels emerged as the way forward for sustainable transport in India.
India's biggest steel maker is in negotiations with Chinese carmakers to acquire a stake, as the latter finds it difficult to raise fresh funds amid increased scrutiny of fund inflows from Beijing
Rejigging of personal tax rates will lead to increased disposable income in the hands of consumers, which should increase the sales of two-wheelers and entry-level cars, says CRISIL.
There is a lot of frenzied activity going on behind the scenes, as airbag makers look to corner the most out of the market, which could grow to about ₹7,000 crore in five years.
At 28%—the highest slab of GST—and a compensation cess ranging between 1% and 22%, India's policy of heavily taxing passenger vehicles is dulling the prospects of growth in the industry, says Bhargava