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Automobile industry News
Budget 2019 expectations: GST, FAME incentive and more - Auto industry wants positive changes
Wed, Jan 23, 2019
Budget 2019: The world's fourth-largest auto industry has pinned its hope on the upcoming Budget 2019 expecting that it will not only uplift consumer sentiment but will infuse a positive environment for the industry.
Baidu to use BlackBerry software in self-driving platform
Wed, Jan 03, 2018
BlackBerry has already signed various deals for next-generation automotive systems
August sales figures suggest worst is over for automobile industry
Wed, Sep 13, 2017
While passenger vehicles have registered a 7.5% growth during the April to August in FY18, it is a little lower to 11.3% growth in the same period in FY17.
Why GST Council's hike in cess for mid, large cars, SUVs comes as relief to automobile industry
Sun, Sep 10, 2017
The GST Council took the decision to increase the cess on various segment of cars individually, instead of having a common tax on all the cars of one size.
Automobile companies feel the impact of GST in Q1 results
Fri, Aug 04, 2017
Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.
GST Rates: Car and bike prices to go up? Find out
Fri, May 19, 2017
GST rate for the automobiles will be set at 28%, but small cars and luxury cars would incur an additional cess.
Carmakers give Budget 2017 a thumbs down
Wed, Feb 01, 2017
Besides mentioning the word car once, the Finance Minister failed to give much to the industry in order to boost it's growth.
Budget 2017: Automobile players want speedy implementation of GST
Thu, Jan 19, 2017
The industry also expects simplification of taxes and a reduction to drive up sales of new cars.