The total sale of vehicles rose with a snail pace of 0.02 percent month on a month and 2.84 percent on an annual basis, revealed data from FADA. The car body said that customers are expected to rise during the festive season and the tax cuts of the government and the service tax (GST). The […]
New Delhi: the sale of passenger vehicles decreased for the fourth consecutive month in August with car manufacturers who checked shipments to dealers prior to the announcement of revised GST rates later this month. According to estimates from the industry, no fewer than 330,000 vehicles were sent from factories to dealers last month, a decrease […]
The raw material prices climb again after a softer second half of FY25, so that Indian car companies make small price increases to dampen the impact. Analysts have warned about rising raw material costs, in particular steel, the last quarter and in the current one. While car manufacturers try to absorb part of the pressure […]