The Goods and Services Tax (GST) Council – headed by Chairperson Nirmala Sitharaman, who is also the Union Finance Minister of India – issued a clarification on December 17, outlining the four parameters for a passenger vehicle to be classified as an SUV. As per the new clarification, a car would be considered an SUV or… Continue reading GST Council confirms SUV tax rates to remain unchanged
Category: US Motoring Press
Maruti Suzuki India chairman bats for FTAs and lower taxation to accelerate demand for cars
Maruti Suzuki India chairman bats for FTAs and lower taxation to accelerate demand for cars R C Bhargava, the chairman of Maruti Suzuki, says India should aggressively move and reduce tariffs and get into Free Trade Agreements (FTAs) as they will open up new business opportunities in big markets. The longest-serving Maruti Suzuki leader said… Continue reading Maruti Suzuki India chairman bats for FTAs and lower taxation to accelerate demand for cars
Maruti Suzuki India chairman bats for FTAs and lower taxation to accelerate demand for cars
Maruti Suzuki India chairman bats for FTAs and lower taxation to accelerate demand for cars R C Bhargava, the chairman of Maruti Suzuki, says India should aggressively move and reduce tariffs and get into Free Trade Agreements (FTAs) as they will open up new business opportunities in big markets. The longest-serving Maruti Suzuki leader said… Continue reading Maruti Suzuki India chairman bats for FTAs and lower taxation to accelerate demand for cars
Maruti Suzuki to showcase two new SUVs at Auto Expo Motor Show: MD Hisashi Takeuchi
Maruti Suzuki to showcase two new SUVs at Auto Expo Motor Show: MD Hisashi Takeuchi Having launched the all-new Brezza and the Grand Vitara SUVs in 2022, Maruti Suzuki, the country’s largest carmaker, is set to further bolster its SUV offerings to regain lost market share and make an attempt to get back to its… Continue reading Maruti Suzuki to showcase two new SUVs at Auto Expo Motor Show: MD Hisashi Takeuchi
CDP commends Nissan’s leadership in water security and climate change
Nissan Motor Co has once again been recognised for its leadership in corporate sustainability by CDP, a global environmental NGO. The Japanese automaker’s efforts to protect water security have earned it a place on CDP’s prestigious A List for four successive years. Nissan also received an A-listing for climate change, placing it at leadership level in… Continue reading CDP commends Nissan’s leadership in water security and climate change
Hyundai Motor Group announces new strategic executive appointments
Hyundai Motor Group (the Group) today announced 2022 second-half executive appointments with an aim to further innovate the Group while maintaining stability. Through the appointments, the Group will bolster its capabilities to best respond to an ongoing uncertain business environment. In November, the Group has announced appointments for Group CEO and President. The announcements today… Continue reading Hyundai Motor Group announces new strategic executive appointments
Bajaj Auto to rev up demand for commuter bikes, launches Platina 110 ABS at Rs 72,224
Bajaj Auto to rev up demand for commuter bikes, launches Platina 110 ABS at Rs 72,224 Bajaj Auto has launched the new Platina 110 ABS with a segment-first Anti-lock Braking System (ABS). Given the massive size of the entry level commuter segment of motorcycles, the introduction of ABS in this category is an important step… Continue reading Bajaj Auto to rev up demand for commuter bikes, launches Platina 110 ABS at Rs 72,224
From the archive: on this day in 1955
Our diamond anniversary year had been a notable one, we summarised in our end of 1955 retrospective, with exciting new models arriving, car ownership rising in line with Brits’ standard of living, industry advances and drama in motorsport. MG‘s new A-type, in a prettier dress than any prior MG roadster, looked undeniably set to succeed,… Continue reading From the archive: on this day in 1955
GM delays electric vehicle targets as chip shortage bites
As the end of the year nears, the total losses due to the semiconductor shortage are coming into focus. Dramatically better than 2021, the chip shortage in 2022 represents a big improvement, partially offset by the lower expectations for demand this year. An anticipated soft market next year will also provide a lower starting point… Continue reading GM delays electric vehicle targets as chip shortage bites
Hyundai Kona reinvented for 2023 with bold new look
The Hyundai Kona has been radically redesigned and extended in all dimensions to cement its foothold in the fiercely fought crossover market. Early design images reveal that the new Kona, due to arrive in mid-2023, takes influence from last year’s bold Hyundai Seven concept, with a slim wrap-around front light bar, clamshell bonnet and chunky off-road-influenced design cues.… Continue reading Hyundai Kona reinvented for 2023 with bold new look