Maruti Suzuki faces ₹139.3 cr tax demand; stock dips
The GST appeals authority commissioner upheld the tax demand for July 2017 to August 2022 related to reverse charge liability on certain services.
automobiles industry
October 2024
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May 2024
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February 2024
How We Did It
The list is a ranking of the wealth of entrepreneurs of listed and unlisted companies.
Where The Wealth Is
Diversified remains the largest contributor to the wealth of India’s richest in 2024, accounting for 36.1% of total wealth.
Can Falling Li-ion Prices Boost EV Sales?
Lithium-ion battery prices, which constitute 40-60% of the manufacturing cost of EVs, have hit an all-time low. Automakers have slashed prices. But is it enough to propel the domestic EV market?
PV sales grow marginally by 1.3% in April: SIAM
Of this, the sales of utility vehicles stood at 1,79,329 units, up 21.2% as against 1,48,005 units in the same period last year.
Hyundai working to resolve export challenges due to Red Sea crisis: Tarun Garg
The company's exports in January declined by 13.7% YoY to 10,500 units, whereas February exports plummeted by 5% to 10,300 units, according to SIAM data.
Domestic PV wholesales rise to 10.8% in Feb: SIAM
Maruti Suzuki, the country's largest automobile manufacturer sold 1,60,271 units in the domestic market, witnessing a growth of 8.6% YoY.
Tata Motors to hike commercial vehicle prices by 2% from April
The company has attributed the price hike to offset the residual impact of the past input costs.
EV penetration fastest in luxury car segment: BMW's Pawah
Vikram Pawah, however, opines that for the electric vehicle adoption to get a boost, India would require more charging networks.
Skoda to launch sub 4-metre SUV in 2025
The maker of Kodiaq and Kushaq also plans to hit an annual sales target of 1,00,000 cars in India by 2026.
