The car industry saw record sales growth during the Navaratri period from September 22 to September 30, data from Federation or Automobile Dealers Association did not reveal Tuesday. According to the data, the festive sale grew 34 percent on an annual basis. The sale of passenger vehicles grew by 34.8 percent, while the sale of […]
The French car manufacturer Renault SA weighs plans that can lead to no fewer than 3000 job reductions worldwide, the French news site L’fforme has reported. According to Agence France-Presse, who cited the report, the plan would reduce the positions in supporting services-including human resources, finance and marketing with around 15%. Bloomberg also reported the […]
In the midst of the current debate about whether entry-level small cars will organize a comeback in the GST 2.0-era, Hatchbacks will retain their market relevant despite the worldwide trend of “suvisation” in the automotive industry, according to the Automotive Dealers’ Body Federation of Automobile Dealers. While the largest car manufacturer in the Land Maruti […]
Shares of Belrise Industries collected no less than 6.4% compared to the high of RS 154.30 on the BSE on Wednesday 17 September, after Investec Investec had initiated with a buy -rating and a price target of RS 185. Analysts predict an upward potential of 27.5% of the last end of RS 145 per share. […]
New Delhi: with the GST speed reductions that are expected to return the domestic sale to a growth path, Hyundai Motor India LTD wants to ride on a ‘double motor’ drive of accelerated sales on the home market and a continuous momentum in export, according to a top official. In the past six to eight […]
New Delhi: Minister of Trade and Industry Piyush Goyal Wednesday insisted on Auto Dealer Associations to pass on the benefits of the tax cuts of goods and services to the consumer. During the car Retail Conclave organized by the Federation of Automobile Dealers Associations (FADA), he also said that foreign companies also want to invest […]
Hyundai Motor India Limited (HMIL) has confirmed that it has announced the benefits of the goods and service tax (GST) reforms to customers and has announced considerable price reductions in models for passenger vehicles. The revised prices, with effect from September 22, 2025, will make Hyundai’s cars and SUVs more affordable with a maximum of […]
Car, two-wheeler and consumer electronics makers in India increase production by no less than 25%, anticipating that GST-eating cuts on various products will cause an increase in demand that will be maintained at least until Christmas. Small car manufacturers are even more optimistic and expect that demand will remain floating for a longer period.The cutbacks […]
Carm makers and car retailers can be confronted with a potential loss on more than 600,000 unsold vehicles due to a lack of clarity about the treatment of compensation provision of 1-22% about vehicle categories under current goods and service tax (GST) regime. Automakers and dealers said etc. that the GST Act must be amended […]
The opinions expressed by the entrepreneur are their own contributors. When we had the opportunity to interview Mark Stewart, CEO of Goodyear Tyre & Rubber Company, with the famous Goodyear Blimp, we took the opportunity. After all – we all know the brand. And we should: it is a fortune 500 company, they have 68,000 […]