Latest Updates Around The World
The real battle between traditional automakers and Chinese manufacturers is not in Europe or the United States, but in developing countries and low-income economies. China is steadily becoming a serious competitor for consumers in Latin America, Africa, the Middle East, Central Asia and Southeast Asia. While headlines often focus on the expansion of Chinese automakers […]
The Indian consumption story received a new boost with the radical GST rate rates from the government, in particular for the benefit of car manufacturers, insurers and FMCG companies. Experts believe that this movement will breathe new life into the momentum about the consumables, even if the uncertainties of global trade continue to weigh on […]
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 […]
