Festive Drive touches a roadblock while car manufacturers are struggling to deliver in the midst of truck, magnetic deficiency

The car industry of India witnesses an increase in the festive question, but vehicle makers are confronted with delivery blocks due to the delivery due to a shortage of trucks, trailers and rare earth magnets, De Times or India reported. The situation had car manufacturers raced by time to ensure that customers get their vehicles […]

Clarity about GST rates at the earliest to regain the sales momentum in the festive season: luxury car manufacturers

New Delhi: A clear picture with regard to new GST rates at the earliest will help the overall car industry, including the luxury car segment, to regain momentum in the current quarterly, which usually sees improved sale due to the festive season. The powerful GST Council, chaired by Minister of Finance Nirmala Sitharaman, will meet […]