Tag: Automobile Industry

Automobiles and ancillaries get a big push through GST reforms

This reform is poised to make vehicles more affordable, enhance logistics efficiency, and stimulate demand in both urban and rural markets, according to the Ministry of Road Transport and Highways.

September 12, 2025

Two-wheelers, cars, trucks, buses, tractors, GST reforms set to benefit all

Rising sales of vehicles will increase orders for these components, creating a multiplier effect on MSMEs, which form a large part of this supply chain, the Ministry said.

September 8, 2025

Auto sector growth recovers in August by increased rural demand and higher exports

According to various company data, manufacturers reported gains that underline a recovery driven by both domestic consumption and global exports.

September 1, 2025

PM Modi Urges India-Japan to Replicate Automobile Success in Batteries and Semiconductors

PM Modi said, “Japan’s excellence and India’s scale can create a perfect partnership. Japan is a tech powerhouse and India is a talent powerhouse. Together, we can lead the technology revolution of this century.”

August 29, 2025

Auto Sector Faces Sluggish Demand Despite Tax Cuts, Cheaper Loans, and Strong Monsoon: Report

The report noted a 5% year-on-year decline in domestic vehicle dispatch volumes during the April–June 2025 quarter, with motorcycles and passenger cars being the hardest hit.

July 21, 2025

Tesla Not Keen on Manufacturing in India, But European Automakers Eye Investment: HD Kumaraswamy

Heavy Industries Secretary Kamran Rizvi echoed the sentiment, noting that Tesla’s intent remains uncertain.

June 2, 2025

India logs 9.1% jump in automobile sales in 2024 with growth in most segments

Two-wheeler demand could benefit from improved MSP and rural liquidity, though financing and electric vehicle transition remain key challenges.

January 7, 2025

Auto sales in Oct up 32% amid festive sales: FADA

The report noted that the all major vehicle categories showed positive growth, highlighting a vibrant festive season and robust rural demand as key drivers.

November 6, 2024

Audi launches two new cars under its Bold Edition in India

Audi's Black styling package for the cars features a striking black design that radiates elegance, which includes a gloss-black grille, black Audi rings in front and rear, black window surrounds, black ORVMs and black roof rails.

May 10, 2024

Four automakers to recall over 11,000 vehicles for faulty components

The problems that prompted the recall included poor welding of seats in 6,468 units of Santa Fe and Santa Fe hybrid models.

April 18, 2024