GST Rate Cut Boosts Auto Sector Growth and Jobs
Government's strategic GST reduction across vehicle segments stimulates manufacturing, job creation, and economic expansion in the automotive industry.
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Government's strategic GST reduction across vehicle segments stimulates manufacturing, job creation, and economic expansion in the automotive industry.
Kia India passes full GST reduction benefit to customers, making cars more affordable ahead of festive season with price cuts across ICE portfolio.
Lexus India announces massive price cuts up to Rs 20.8 lakh across all models, passing full GST benefit to customers just before festive season.
Hyundai Motor Group advises employees to postpone US business trips following Georgia immigration raid where 300+ South Koreans were detained. Foreign Minister heads to Washington.
Hyundai India slashes prices by up to Rs 2.4 lakh across models like Tucson, Creta, and i20 following GST cuts. New prices effective from September 22.
Hyundai announces immediate GST reduction benefits for customers starting September 22, offering savings up to ₹2.4 lakh on various car models this festive season.
Crisil Ratings projects 5-6% two-wheeler sales growth this fiscal due to GST rate cuts, lower prices, and festive season demand boost.
Mahindra & Toyota announce massive price cuts across SUV ranges following GST 2.0 reforms, offering substantial savings for customers
Mahindra announces immediate GST rate reductions on ICE SUVs, offering savings up to ₹1.56 lakh ahead of official September 22 implementation date.
Tata Motors passes full GST cut benefit to customers, reducing prices on Tiago, Nexon, Harrier & more by Rs 65,000 to Rs 1.55 lakh starting September 22.
Automakers hail GST reduction from 28-50% to 18-40%, calling it a watershed moment that boosts affordability and accelerates India's sustainable mobility transition.
Hyundai and Audi India welcome GST reforms reducing car taxes from 29-50% to 18-40%, boosting consumer confidence and domestic manufacturing growth.
Maruti Suzuki launches premium Victoris SUV with hybrid tech & ADAS, while Tata Motors unveils LPT 812 truck with 5-tonne payload. Dual auto launches in India.
Indian auto sector sees robust two-wheeler growth driven by exports, premium motorcycles, and anticipated festive season boost
Tesla's India launch disappoints with only 600 orders, facing high import duties, geopolitical tensions, and stiff competition from BYD in the premium EV market.
Tata Motors reports 44% surge in electric vehicle sales to 8,540 units in August 2025, while overall domestic sales see marginal 2% decline.
Mahindra & Mahindra reports robust tractor export growth and farm equipment performance amid GST anticipation and monsoon conditions
Bajaj Auto reports 12% drop in domestic two-wheeler sales for August, though exports surge 25% and commercial vehicle sales grow 21% year-on-year.
India's auto industry saw strong August 2025 growth with TVS Motor hitting record sales, Ashok Leyland stable, and exports driving Bajaj Auto performance amid festive demand.
Jefferies upgrades auto industry forecast with 2-6% volume growth for FY26-28E, citing potential GST cuts and economic factors boosting demand.