“The overall automotive industry witnessed some volatility during the first quarter of FY18, as the market experienced uncertainty post the BSIV transition issues and prior to GST implementation, and automakers, besides offering pre-GST discounts, made […]
Production The industry produced a total 6,914,544 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-June 2017 as against 6,431,938 in April- June 2016, registering a growth of 7.50 percent […]
Honda, Hyundai and Toyota Each Receive Two Model-Level Awards SINGAPORE: 29 June 2017 — Longer-term vehicle dependability in India has declined marginally year over year, as 56% of new-vehicle owners indicate experiencing at least one […]
Intel has engaged Strategy Analytics as a partner in the preparation of this report to validate the hypothesis that a “Passenger Economy” based on pilotless vehicles is on the horizon and that it holds massive […]
Increasing Sales Drives Dealer Satisfaction in India as Economic Optimism Rises, J.D. Power Finds Toyota, Royal Enfield, Mahindra Rank Highest in the Passenger Vehicle, Two-Wheeler and Commercial Vehicle Segments, Respectively SINGAPORE, 25 MAY 2017 — […]
Key Points: Passenger Vehicles: Taxation on Bigger Cars and SUVs to reduce; Hybrid vehicles to cost more Bigger Cars and SUVs are major beneficiaries under GST GST rates likely to be neutral for Two Wheeler […]
New Delhi, 19th May, 2017: The Society of Indian Automobile Manufacturers (SIAM) has welcomed the new GST Rates on automobiles. “The rates are as per the expectations of the industry and almost all segments of […]
Prices of small cars likely to increase marginally post GST The GST Council in its 14th meeting held yesterday finalized the GST across all categories of goods including automobiles. In line with expectations, the base GST […]
Gautam Khattar, Partner – Indirect Tax, PwC “Despite of Automobile sector being one of the most promising contributor to economic growth, it has been facing the whip of increased tax rates and multiple cesses for […]
34% of consumers see mobility services as an alternative while 56% consider it complementary to buying a car Mumbai, May 16 2017 – According to a new study of more than 8,000 consumers across eight […]
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