GST Rates on Hybrid Cars Won’t be Reviewed Hints Arun Jaitley
Hybrid cars will draw 28% GST plus 15% cess resulting in total incidence of 43%; automakers think it’s too high
Despite concerns from several automakers...
Maruti Suzuki Becomes India’s Largest UV Maker Beating Mahindra in May
Maruti sold 5,500 more SUVs compared to Mahindra in April and May; success attributes to high sales of Vitara Brezza and Ertiga
Maruti Suzuki becomes...
Petrol Pump Owners Threaten Strike for Daily Fuel Price Revision
Fuel prices will be revised regularly from 16th June across the country; will enable the customers adjust with revised pricing rate easily
As the daily...
GM India Employees Have Less Than a Month to Take Voluntary Retirement
GM India announced its exit on 18th May; will continue production at Talegaon plant for overseas markets
General Motors has given its India employees less...
Maruti Suzuki is More Valuable Now Than Infosys and ONGC
Maruti Suzuki is now positioned eighth in top 10 m-cap list in India; its market capitalization is more than Tata and Mahindra’s combined m-cap
India’s...
Indian Auto Industry Registers 2.03 Million Sales in May 2017
Indian auto industry registered the highest ever May sales in last month; marks 10.05% sales growth led by two-wheelers
Indian auto industry is growing fast...
Tesla Becomes Fourth Most Valuable Carmaker in the World Beating BMW
Tesla becomes fourth most valuable carmaker as it closes $30 billion market value gap in six months
American EV manufacturer Tesla has become the fourth...
Tata Motors Scraps 10,000 Designations to Boost Creativity Among Employees
Under the new strategy team managers will get new title ‘head’; creates a flatter organizational structure
Tata Motors is taking various steps in order to...