In a sweeping tax reform move, the Indian government is proposing significant cuts to the Goods and Services Tax (GST) on small cars and insurance premiums, a development that has sparked a rally in financial markets and drawn widespread attention from industry leaders and analysts alike, according to a report by Reuters. As part of… Continue reading India Proposes Slashing Taxes on Small Cars and Insurance Premiums in Major GST Overhaul: Reuters
Tag: Suzuki
Tata Motors jumps 3% on potential GST cut boosting auto sector outlook
Tata Motors shares climb 3% to ₹684.95 on GST cut hopes, leading auto sector rally. Shares of Tata Motors rose 3 per cent to hit a day’s high of ₹684.95 on the BSE today after expectations of a cut in GST rates on automobiles triggered a rally across the auto sector. Analysts pointed out that… Continue reading Tata Motors jumps 3% on potential GST cut boosting auto sector outlook
Proposed GST cut may boost auto jobs, benefit small carmakers: HSBC
HSBC noted that while a complete cess removal is unlikely, any reduction would support demand revival. The government’s plan to rationalise goods and services tax (GST) slabs could lift long-term automobile demand and create jobs, according to HSBC Global Investment Research, reports ANI. The government is considering reducing the 28 per cent GST slab to… Continue reading Proposed GST cut may boost auto jobs, benefit small carmakers: HSBC
Government’s Review of GST Gives Hope for Entry-Level Cars, 2-Wheelers
Prime Minister Narendra Modi’s Independence Day speech has offered a glimmer of hope for the Indian consumers and industry amid potential tariff headwinds from the US. The government is reviewing the Goods and Services Tax (GST) structure, and relief can be expected by Diwali this year. Though Modi did not mention any sector, it is… Continue reading Government’s Review of GST Gives Hope for Entry-Level Cars, 2-Wheelers
Papum Pare to Singrauli: India maps fresh hotspots for rare earth metals amid China concerns
For Indian automakers heavily reliant on Chinese rare earth magnets, alarm bells rang. Papum and Pare—two little-known rivers winding through the hills of Arunachal Pradesh—may soon step into the national spotlight. The Papum Pare district, named after these rivers, has emerged as a promising frontier in India’s quest for rare earth elements (REEs). A Ministry… Continue reading Papum Pare to Singrauli: India maps fresh hotspots for rare earth metals amid China concerns
3.27 million Nexa vehicles sold in 10 years, 21% share of Maruti Suzuki sales
Earlier this month, Maruti Suzuki India launched the Grand Vitara Phantom Blaq Edition to celebrate 10 years of Nexa, its premium sales channel launched in FY2016. The company’s wholesales data reveals that a total of 32,75,451 Nexa vehicles have been sold till end-July 2025, comprising 21,78,134 cars and 10,97,337 utility vehicles. While Nexa passenger cars,… Continue reading 3.27 million Nexa vehicles sold in 10 years, 21% share of Maruti Suzuki sales
3.27 million Nexa vehicles sold in 10 years, 21% share of Maruti Suzuki sales
Earlier this month, Maruti Suzuki India launched the Grand Vitara Phantom Blaq Edition to celebrate 10 years of Nexa, its premium sales channel launched in FY2016. The company’s wholesales data reveals that a total of 32,75,451 Nexa vehicles have been sold till end-July 2025, comprising 21,78,134 cars and 10,97,337 utility vehicles. While Nexa passenger cars,… Continue reading 3.27 million Nexa vehicles sold in 10 years, 21% share of Maruti Suzuki sales
Scooter sales grow 16% in July, only TVS and Hero register market share increase
After achieving strong 9% growth with sales of 19.60 million units in in FY2025, the Indian two-wheeler industry is witnessing slow going in the current fiscal year. Total two-wheeler (motorcycles, scooters, mopeds) dispatches at 62,41,829 units are down 2.9% YoY in the first four months of FY2026 (see four-month sales data table below). At 643,169… Continue reading Scooter sales grow 16% in July, only TVS and Hero register market share increase
Scooter sales grow 16% in July, only TVS and Hero register market share increase
After achieving strong 9% growth with sales of 19.60 million units in in FY2025, the Indian two-wheeler industry is witnessing slow going in the current fiscal year. Total two-wheeler (motorcycles, scooters, mopeds) dispatches at 62,41,829 units are down 2.9% YoY in the first four months of FY2026 (see four-month sales data table below). At 643,169… Continue reading Scooter sales grow 16% in July, only TVS and Hero register market share increase
Tata Motors to Re-Enter South Africa’s Car Market
In what could be a boost to car exports from India and the company’s export ambitions, Tata Motors is set to re-enter South Africa’s passenger vehicle market with mass market sports utility vehicles and hatchbacks. The automaker, which had stopped exporting cars to the African market in 2017-18, is now planning a return with a… Continue reading Tata Motors to Re-Enter South Africa’s Car Market