Automobile Sector
Business  /  Published 10.09.19

GST shortfall fears grow

The finance ministry fears a shortfall of Rs 50,000 crore in GST collections this fiscal, given a lower than expected mop-up so far, even as the automobile sector raises its pitch for a rate cut after...
By Our Special Correspondent in New Delhi

Business  /  Published 03.09.19

States may oppose GST relief for cars

The Centre is expected to push for a lower rate on automobiles at the GST Council meeting scheduled on September 20 but may face stiff opposition from some states as this would impact their revenues....
By R. Suryamurthy in New Delhi

Business  /  Published 01.05.20

Maruti, M&M report zero sales in domestic market

The coronavirus-induced lockdown has greatly impacted the automobile sector with industry giants Maruti and Mahindra announcing sale of zero units in the domestic market in April.The country's largest...
By PTI in New Delhi

Business  /  Published 02.12.19

Auto stocks fall on poor show in November sales data

Shares of major automobile companies fell on Monday on the back of a poor show in November sales data.Maruti Suzuki India stock fell 1.18 per cent to Rs 7,164.20 on the BSE and 1.31 per cent to Rs 7,1...
By PTI in New Delhi

Opinion  /  Published 07.11.19

Is the auto sector slowing down or moving up?

The automotive industry is going through a slowdown, according to the received wisdom. However, the WhatsApp-Twitter-Facebook University is telling me that there is no slowdown. The drop in sales is j...
By Deepesh Rathore in

Business  /  Published 27.03.20

SC extends BS-IV deadline

In a relief to automobile dealers, the Supreme Court on Friday allowed the sale of BS-IV compliant vehicles for 10 days, except in Delhi-NCR, after the ongoing countrywide lockdown over the coronaviru...
By Our Legal Correspondent in New Delhi

Business  /  Published 23.03.20

Pan-India shutdown to check spread

Toyota Kirloskar Motor, Kia Motors and BMW on Monday announced temporary suspension of production activities at their respective manufacturing facilities in the wake of the coronavirus outbreak in the...
By TT Bureau in Calcutta/New Delhi

Business  /  Published 18.03.20

Toyota derisk drive

Toyota Kirloskar Motor (TKM) is banking on its multiple sourcing strategy to avoid any hit on its supply chain because of the Covid-19 pandemic.“We have to derisk ourselves by opting for multiple su...
By Anasuya Basu in Calcutta

Auto  /  Published 10.12.19

Car sales dip in November

Passenger vehicle sales dipped marginally in November after a blip in the previous month, prompting the sector to seek a cut in GST tax rates to boost demand.Domestic passenger vehicle sales declined ...
By Our Special Correspondent in New Delhi

Auto  /  Published 05.12.19

MG to roll out electric SUV

Morris Garages (MG) Motor India is preparing to launch its first electric vehicle (EV) early next year along with charging infrastructure and battery solutions for its potential customers. The vehicle...
By Anasuya Basu in New Delhi


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