Tata Motors Limited has disclosed a significant IT security incident affecting its UK-based subsidiary Jaguar Land Rover Automotive Plc (JLR), according to a regulatory filing made with Indian stock exchanges on Sunday. The disclosure contained a brief statement from JLR: “We are working at pace to resolve global IT issues impacting our business. We will… Continue reading Tata Motors Reports Global IT Security Incident at JLR Operations
Author: Autocar_Professional India Online News
Skoda VW India’s FY25: Scale Grows, Profit Stays Flat at ₹94 Cr on ₹19,053 Cr Revenue
Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) – the Indian arm of Europe’s largest carmaker – posted flat revenues and profits in FY2024-25, with topline at ₹19,053 crore (FY24: ₹18,960 crore) and net profit at ₹94 crore (FY24: ₹96 crore). The year was marked by what the company described as “consolidation and stability,” as modest… Continue reading Skoda VW India’s FY25: Scale Grows, Profit Stays Flat at ₹94 Cr on ₹19,053 Cr Revenue
Hero MotoCorp Reports 8% Growth in August Sales Despite Monsoon Impact
Hero MotoCorp’s August 2025 performance presents a complex narrative that extends beyond the headline 8% growth figure. While the company dispatched 553,727 units compared to 512,360 in August 2024, a deeper examination of the data reveals strategic inflection points that merit closer scrutiny. Year-to-Date Pressures Mount The most significant concern emerges from cumulative performance metrics.… Continue reading Hero MotoCorp Reports 8% Growth in August Sales Despite Monsoon Impact
India Plans GST Cuts on Cars, Consumer Goods in Biggest Tax Overhaul in a Decade: Reuters
India is planning to slash consumption tax by at least 10 percentage points on nearly 175 products, including shampoos, hybrid cars and consumer electronics, Reuters reported on Monday, citing two sources familiar with the matter. According to the report, this would mark the biggest reform of the goods and services tax (GST) system in nearly… Continue reading India Plans GST Cuts on Cars, Consumer Goods in Biggest Tax Overhaul in a Decade: Reuters
India Plans GST Cuts on Cars, Consumer Goods in Biggest Tax Overhaul in a Decade: Reuters
India is planning to slash consumption tax by at least 10 percentage points on nearly 175 products, including shampoos, hybrid cars and consumer electronics, Reuters reported on Monday, citing two sources familiar with the matter. According to the report, this would mark the biggest reform of the goods and services tax (GST) system in nearly… Continue reading India Plans GST Cuts on Cars, Consumer Goods in Biggest Tax Overhaul in a Decade: Reuters
Mukand Sumi Special Steel Announces ₹2,345 Crore Greenfield Plant in Karnataka
Mukand Sumi Special Steel Limited (MSSSL), a joint venture between India’s Bajaj Group and Japan’s Sumitomo Corporation, has announced plans for a new integrated steelmaking facility in Kanakapura, Koppal, Karnataka, with an investment of ₹2,345 crores. The greenfield project will expand MSSSL’s annual production capacity to 700,000 tonnes, positioning the company among India’s leading special… Continue reading Mukand Sumi Special Steel Announces ₹2,345 Crore Greenfield Plant in Karnataka
ATMA Urges GST Cut on Tyres to Ease Logistics, Support Key Sectors
The Automotive Tyre Manufacturers Association (ATMA) has called for a reduction in Goods and Services Tax (GST) on tyres, arguing that the current rate of 28%, the highest slab, burdens vehicle operators and inflates logistics costs across sectors. ATMA said lowering GST on tyres would directly cut vehicle operating expenses, particularly in the commercial segment,… Continue reading ATMA Urges GST Cut on Tyres to Ease Logistics, Support Key Sectors
CEAT Acquires Michelin’s CAMSO Construction Business in Strategic Off-Highway Expansion
CEAT Limited has completed its acquisition of Michelin Group’s CAMSO Construction Compact Line Business, marking a significant expansion into the global off-highway tire market. The transaction includes two Sri Lankan manufacturing facilities and permanent ownership rights to the CAMSO brand. The acquisition encompasses Michelin’s Midigama plant and Casting Product plant in Kotugoda, Sri Lanka, along… Continue reading CEAT Acquires Michelin’s CAMSO Construction Business in Strategic Off-Highway Expansion
SC: No Motor Vehicle Tax If Vehicle Not Used or Kept for Use in Public Place
The Supreme Court has ruled that owners cannot be compelled to pay motor vehicle tax if their vehicles are not used in or kept for use in a “public place.” According to media reports, the Court emphasized that the levy is compensatory in nature and directly tied to the benefit of public infrastructure such as… Continue reading SC: No Motor Vehicle Tax If Vehicle Not Used or Kept for Use in Public Place
Two-Wheelers Ride Festive Momentum as Carmakers Stall in August
The Indian automobile market in August 2025 told two very different stories. Passenger vehicle makers stumbled badly, reporting rare synchronized declines, while two-wheeler manufacturers surged ahead, setting new sales records and milestones on the back of the early festive season. Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra, and Tata Motors all saw shipments contract… Continue reading Two-Wheelers Ride Festive Momentum as Carmakers Stall in August