Clarity on GST rates at the earliest to help regain sales momentum in festive season: Luxury carmakers

[ad_1] Different models of Mercedes-Benz cars are parked at the company’s vehicle assembly plant in Chakan, in Maharashtra. File | Photo Credit: Reuters A clear picture regarding new GST rates at the earliest will help the overall auto industry, including the luxury car segment, to regain momentum in the ongoing quarter, which generally sees enhanced […]

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Uniform tax on small, big cars will not augur well for auto industry growth: Maruti Suzuki Chairman

[ad_1] The regulatory burden is the highest on small cars, a key segment of the Indian automobile industry and having a uniform tax structure across all segments of vehicles will not augur well for the sector growth, according to Maruti Suzuki India Chairman RC Bhargava. He also said India’s economic growth rate could be higher […]

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IIT Madras launches e-Mobility course for working professionals

[ad_1] The Indian Institute of Technology, Madras has launched an e-Mobility course for working professionals. The registration is open till September 30. The course will provide an overview of the e-mobility eco-system and basic fundamentals in technical areas such as vehicle development, power electronics, battery engineering, thermal management, power trains, and EMI/ EMC, etc. The […]

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Passenger vehicle sales rise on improved chip supply

[ad_1] Improvement in semiconductor supplies helped automakers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported robust growth in their domestic passenger […]

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