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
Tag: Tata
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
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
Vertu swells UK dealer network with £182m Helston Garages deal
Vertu Motors has acquired Helston Garages Group in a deal worth £182 million, bolstering its ranks by 28 sites to 188 locations. This “radically enhances” the dealer’s group reach in south-west England, it said in a statement, taking it from four dealers in the region to 32. The 28 additional showrooms generated some £17.9m in pre-tax… Continue reading Vertu swells UK dealer network with £182m Helston Garages deal
Blackstone’s Horizon Industrial Parks leases 4.1 lakh sq ft to BENTELER, Lumax in Pune
Horizon Industrial Parks is a logistics platform in India. Blackstone Group-backed Horizon Industrial Parks has leased over 4.1 lakh sq ft built-to-suit manufacturing facilities to automotive majors including Germany’s BENTELER Automotive and Lumax-DK Jain Group company Lumax Automotives in its park at Chakan in Pune. BENTELER Automotive, which is one of the world’s leading companies… Continue reading Blackstone’s Horizon Industrial Parks leases 4.1 lakh sq ft to BENTELER, Lumax in Pune
Auto index clocks double-digit gains for 3rd year straight
For the year, automakers are projected to record sales of 3.8 million passenger vehicles (PVs), exceeding the previous record by more than 4,00,000 vehicles. NEW DELHI: With Motown in top gear, auto stocks once again rewarded investors handsomely in 2022, clocking double-digit returns for the third consecutive year. The BSE Auto index which is up… Continue reading Auto index clocks double-digit gains for 3rd year straight
Maruti Suzuki electric SUV concept world premiere at Auto Expo 2023
The global reveal of an all-electric SUV concept from Maruti Suzuki at the Auto Expo 2023 is likely to be one of the show stoppers and the first hint of the company’s EV plans for the Indian market. India’s largest automaker is yet to launch an EV and has been noticeably slow in the fast developing electric… Continue reading Maruti Suzuki electric SUV concept world premiere at Auto Expo 2023
Maruti Suzuki electric SUV concept world premiere at Auto Expo 2023
The global reveal of an all-electric SUV concept from Maruti Suzuki at the Auto Expo 2023 is likely to be one of the show stoppers and the first hint of the company’s EV plans for the Indian market. India’s largest automaker is yet to launch an EV and has been noticeably slow in the fast developing electric… Continue reading Maruti Suzuki electric SUV concept world premiere at Auto Expo 2023
Cummins India to showcase fuel-agnostic platform at Auto Expo 2023
Power solutions technology provider Cummins Group is to present its Destination Zero decarbonisation strategy and product range at the 16th Auto Expo in New Delhi next month (January 13-18). ‘Destination Zero’ is Cummins’ strategy to go further and faster to reduce its products’ greenhouse gas (GHG) and air quality impacts and reach net-zero emissions by… Continue reading Cummins India to showcase fuel-agnostic platform at Auto Expo 2023
Cummins India to showcase fuel-agnostic platform at Auto Expo 2023
Power solutions technology provider Cummins Group is to present its Destination Zero decarbonisation strategy and product range at the 16th Auto Expo in New Delhi next month (January 13-18). ‘Destination Zero’ is Cummins’ strategy to go further and faster to reduce its products’ greenhouse gas (GHG) and air quality impacts and reach net-zero emissions by… Continue reading Cummins India to showcase fuel-agnostic platform at Auto Expo 2023