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GST Council Could Reconsider Steep 43% Tax on Hybrid Cars

Hybrid vehicles draw 15% cess over the 28% GST leaving the total tax amount 43%; could hurt government’s eco-friendly transportation dream In the face of...
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Chevrolet Could Tie Up With Mahindra to Offer After-Sales Support

GM announced its exit from Indian market on 18th May; Talegaon plant will continue as export hub for overseas markets General Motors has announced its...
lotus evora sports 410-2

Volvo Owner Geely Buys British Sports Car Brand Lotus

The Chinese firm Geely buys British sports car brand Lotus along with stakes in Proton to increase its global footprint and reach in South...
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Tata Motors Sacks 1,500 Managerial Jobs as Part of Organisational Restructuring

Tata Motors reduced its managerial team by up to 10%-12% from its current white collar workforce Tata Motors has sacked up to 1,500 of managerial...
2017 Toyota Camry Hybrid

Automakers Aren’t Happy With 43% GST Rate for Hybrid Vehicles

Hybrid vehicles will draw 15% cess along with 28% GST; could jeopardize Indian government’s drive for eco-friendly transportation India is about to see the implementation...
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Scania to Make India its Global Export Hub

Scania planning full utilisation of its two manufacturing plant in India; will launch big trailers Swedish commercial vehicle manufacturer Scania is planning to make India...
Mercedes-AMG unveils GT Concept at Geneva

Mercedes-Benz is the Favourite Luxury Car Brand of Millennials

Toyota is the top most affordable car brand favoured by the millennial buyers followed by Honda, Chevrolet and Ford Mercedes-Benz is the most preferred luxury...
Royal Enfield Himalayan Recall

31% GST Levied on Bikes Above 350cc Engine in India

Middleweight category bikes slapped with 28% GST and 3% cess taking the total tax incidence to 31%; similar to private aircrafts and luxury yachts Bad...