While the industry has grown in strong double-digits this year, demand is coming from the more premium end of the market, indicating stress on affordability at the entry-level, head of the country’s largest carmaker pointed out. India needs to re-examine the tax structure on automobiles – which stands highest even among partly-developed nations in the… Continue reading Government must review tax structure to keep auto industry on fast lane, says R C Bhargava
Tag: Suzuki
Automotive Grade Linux Showcases Open Source Technology and Software Defined Vehicle at CES 2023
Amazon Web Services (AWS), EPAM, Igalia, Panasonic, Renesas and VNC Automotive to demonstrate open source connected car applications in the AGL booth. SAN FRANCISCO, Dec. 20, 2022 /PRNewswire/ — Automotive Grade Linux (AGL), a cross-industry effort developing an open source platform for all connected car technologies, will be at CES 2023 in the Las Vegas Convention Center,… Continue reading Automotive Grade Linux Showcases Open Source Technology and Software Defined Vehicle at CES 2023
Maruti Suzuki’s RC Bhargava raises concerns over Global NCAP tests
In the wake of poor crash rating scores of some of the popular Maruti Suzuki models by Global NCAP, chairman RC Bhargava raised concerns on the functioning of the international safety organisation. He questioned the need for adding more safety features into vehicles in India, while sidelining more critical issues of road safety, including road engineering, driver… Continue reading Maruti Suzuki’s RC Bhargava raises concerns over Global NCAP tests
GST Council confirms SUV tax rates to remain unchanged
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
GST Council confirms SUV tax rates to remain unchanged
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
Uniform tax on small, big cars will not augur well for auto industry growth: Maruti Suzuki Chairman
People who are buying small cars are not buying small cars in near the same numbers. New Delhi: The regulatory burden is the highest on small cars, a key segment of the Indian automobile industry and having a uniform tax structure across all segments of vehicles will not augur well for the sector growth, according… Continue reading Uniform tax on small, big cars will not augur well for auto industry growth: Maruti Suzuki Chairman
EV sector hiring set to gain momentum next year
Electric vehicle (EV) makers and associated companies are set to go on a hiring drive in 2023 when more green vehicles are expected to hit the road amid increasing push towards environmental sustainability, rising fuel prices, and policy measures drawing significant investments. Hiring in the sector is seen growing by 40-50% in the next 6-12… Continue reading EV sector hiring set to gain momentum next year
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