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Lowering GST on automobiles would help the economy: Anand Mahindra

In a tweet, Mahindra echoed calls from the auto industry to reduce goods and services tax (GST) on vehicles amid a prolonged sales slump.

Lowering GST on automobiles would help the economy: Anand Mahindra

In a tweet, Mahindra echoed calls from the auto industry to reduce goods and services tax (GST) on vehicles amid a prolonged sales slump.

Buying a new car? Now, choose registration number of your choice

Buying a new car? You can now choose a registration number of your choice by paying Rs 25,000.Delhi government’s transport department auctions the most sought after ‘fancy numbers’, such as 0001 or 9999, for a hefty minimum reserve price. However, the department now wants to extend the choice by allowing car buyers to get a registration number of their liking at the time of purchase itself, provided it’s not one of the fancy numbers that it auctions.

Govt approves Motor Bill; steep penalties for traffic offences proposed

The Bill proposes Rs 10,000 fine for not giving way to emergency vehicles and Rs 10,000 for driving despite disqualification.

FCA India starts nationwide sale of Jeep Compass Trailhawk priced at Rs 26.8 lakh

Among others features, the Jeep Compass Trailhawk has 'Rock Mode' terrain selection adding to its off-roading capability with options of auto, snow, mud and sand modes.

Budget 2019: Here's auto sector's wishlist for FM Nirmala Sitharaman

A stimulus package along with reduction in GST tax rate and a scrappage policy are required to rev up India's automobile sector which faces recessionary downtrend. Facing the effects of an ebbing rural and urban economy, the auto industry looks to the new government to alleviate past troubles and pave the way for fresh innovation. Here are the key demands from the auto industry from this budget and how much can the newly appointed Finance Minister Nirmal Sitharaman deliver.

Hyundai wants to make a million cars in India

Maruti Suzuki — which accounts for one out of every two cars sold locally — produced 1.86 million units in the last financial year.

Considering low-cost EV for India in collaboration with Hyundai: Kia

At the 2018 Auto Expo, Kia had announced that it planned to introduce a diverse range of vehicles in India.

Auto industry united in seeking GST rate cut on vehicles: SIAM

"The automotive industry is currently facing a daunting challenge of a deep slowdown that urgently needs some form of stimulus from government" SIAM President said .

Niti asks two and three wheeler makers to present EV conversion plan in 2 weeks

The industry was cautioned that if they do not take steps to address pollution issues, courts will step in.

Ashok Leyland eyes top 10 CV slot with organisational rejig

Company forms position of two COOs to clearly define roles for ‘core business’ and ‘growth business’

Maruti Suzuki partners Bank of Baroda for vehicle finance

Maruti Suzuki partners Bank of Baroda for vehicle finance

The partnership with Bank of Baroda will allow Maruti Suzuki to provide more comprehensive financing opportunities for dealers as well as customers, the company said.

Doing business in India complex, need policy certainty: Merc

Doing business in India complex, need policy certainty: Merc

Sales in the luxury segment have been badly impacted, in line with the sombre mood in the overall auto industry.

Now, choose registration number at time of buying car

Now, choose registration number at time of buying car

The transport department issued a notification, which will allow allocation of desired registration numbers to car buyers for a flat fee of Rs 25,000.

SIAM wants cars, diesel buses, 26 others out of FTAs

SIAM wants cars, diesel buses, 26 others out of FTAs

India’s automakers fear an onslaught of cheap imports as the government offers duty cuts on 28 products.

​Indians shifting to hybrids on green policies, carmakers’ push

​Indians shifting to hybrids on green policies, carmakers’ push

As many as 39% of the respondents in the country said they would prefer a hybrid, a battery or an alternate powertrain-powered vehicle when buying their next vehicle.

AUTO NEWS STOCKS
NSE
BSE

Company NameLatestChange%ChangeVolume
Nifty Auto7886.458.20.10
Maruti Suzuki6474.7-47.8-0.73536294
Bajaj Auto2869.3525.650.9243408
Pal-Peugeot Ltd.0000
Mahindra & Mahindra643.6520.312026448
Punjab Tractors Ltd. (Merged)95.50013408
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