‘Motown continues to accelerate push and tax breaks in rural areas’: SIAM president

New Delhi: The auto industry expects demand to grow across all segments, including entry-level, by 2026, driven by better rural incomes and the recent rationalization of goods and services tax that has eased pressure on affordability. “The rollout of the GST 2.0 reform in September 2025 has markedly increased demand for passenger cars, commercial vehicles […]

Two-wheeler growth set to outperform passenger cars for the rest of the year: report

Two-wheeler sales are expected to outpace passenger cars for the rest of the year, driven by strong festive demand, improved rural sentiment and selective discounting. An industry update from PhilipCapital shows that discounts in the two-wheeler segment are highly selective, while discounts for passenger cars are gradually decreasing. The report added that rural demand picked […]

Motilal Oswal sees Maruti Suzuki and Endurance Technologies as top bets in the post-GST auto rebound

The Indian auto sector has entered a phase of cautious optimism following the Goods and Services Tax (GST) rate cuts, which revived demand across segments. Investor sentiment, especially among foreign institutional investors (FIIs), has turned constructive as volume growth rebounds on the back of festive momentum, price reductions and improving rural sentiment. The most visible […]

Car exports rise 26% in the second quarter as the number of passenger cars and two-wheelers soars

Auto exports from India rose 26 percent year-on-year in the September quarter, driven by the highest ever deliveries of passenger cars, two-wheelers and three-wheelers during the period, according to the latest data released by industry body SIAM. Passenger car exports grew 23 percent to 2,41,554 units in the September quarter, compared to 1,96,196 units in […]