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PTI
New Delhi, July 5, 2017
\"Following the rollout of GST, we have decided to pass on the entire benefit to our customers. We are offering a price reduction of up to 12 per cent ranging between Rs 3,300 and Rs 2,17,000, depending on the model and variant,\" Tata Motors President, Passenger Vehicles Business Unit, Mayank Pareek said in a statement.


PTI
New Delhi, July 4, 2017
Mahindra & Mahindra today announced reduction in prices of its utility vehicles and SUVs by up to 6.9 per cent on an average to pass on the GST benefit to customers.


Prosenjit Datta, Rajeev Dubey and Dipak Mondal
New Delhi, June 22, 2017
Nearly 90 lakh users; up to 1.2 lakh transactions per second; 320 crore transactions per month and just 60,000 tax officers. Those are just some of the mind-boggling numbers that define the coming launch of GST on July 1.


Mail Today Bureau
June 16, 2017
Car buyers never had it this good with a discounts wave sweeping across the auto market ahead of the GST roll out from next month.


PTI
New Delhi, June 1, 2017
The country's largest car maker Maruti Suzuki India (MSI) today posted an 11.3 per cent rise in total sales in May at 1,36,962 units as against 1,23,034 vehicles in the same month last year.


PTI
New Delhi, May 31, 2017
The company had posted a PAT of Rs 604.63 crore during the same period a year ago. Total income from operations rose 4.04 per cent to Rs 12,319.64 crore from Rs 11,840.47 crore in the same period a year ago.


Reuters
May 24, 2017
India's Tata Motors reported a 17 percent fall in fourth-quarter net profit on Tuesday as losses in its domestic business outweighed strong sales at luxury British arm Jaguar Land Rover (JLR).


Reuters
May 22, 2017
Ford shares are down 37 percent since Fields took over three years ago, at the peak of the U.S. auto industry's recovery.


Chanchal Pal Chauhan
New Delhi, May 22, 2017
Sales of SUVs and MPVs grew a staggering 30 per cent in 2016/17 over the previous year, while passenger cars rose 3.85 per cent and vans 2.37 per cent.


PTI
May 1, 2017
Sales of mini segment cars, including Alto and WagonR, were up 21.9 per cent to 38,897 units from 31,906 units a year ago, MSI said in a statement. The company said sales in the compact segment -comprising Swift, Estilo, Dzire, Baleno and Ignis - increased 39.1 per cent to 6,35,84 units in April this year as against 45,700 units in the same month of 2016.


Reuters
April 27, 2017
South Korean carmaker Kia Motors Corp signed a deal on Thursday to invest about $1.1 billion to build its first factory in India, aiming to tap a fast growing market at a time when its China sales are sagging.


Chanchal Pal Chauhan
New Delhi, April 11, 2017
Despite demonetisation, ban on diesel cars in NCR and uncertainty over emission norms, India witnessed record car sales of 3,046,727 units in 2016/17.


BT Online
New Delhi, March 29, 2017
The car is much of an extension of its younger sibling Tata Tiago but the car gets a more sporty, coupe-like outline which also gives it an edge in the boot-capacity. Other than the longer stance, the car is based mostly on the Tiago.


Chanchal Pal Chauhan
New Delhi, March 10, 2017
Indian car market may finally cross the magical 3-million sales mark, as demand has revived post demonetisation and customers interest in new models is reviving industry fortunes, Society of Indian Automobile Manufacturers' (Siam), apex body of vehicle-makers has said.


Mail Today Bureau
New Delhi, March 2, 2017
Major auto makers Maruti, Toyota, Tata Motors, Honda and Ford on Wednesday reported a robust growth in domestic passenger vehicles sales for February as the industry continued to accelerate out of the slowdown phase in the wake of demonetization.


PTI
New Delhi, March 1, 2017
The company's domestic sales stood at 1,20,735 units, up 11.7 per cent from 1,08,115 units in February last year, MSI said. Sales of mini-segment cars, including, Alto and WagonR, were down by 6.8 per cent at 33,079 units during the month under review compared to 35,495 units in February 2016, MSI said.


Mail Today Bureau
Mumbai, February 15, 2017
Tata Motors saw its net profit plunge 96 per cent during the October-December quarter as earnings at its British luxury carmaker Jaguar Land Rover (JLR) fell sharply and losses piled up in its domestic business.


Chanchal Pal Chauhan
February 10, 2017
Demonetisation dented the much ambitious drive of the automobile industry to achieve three-million passenger car sales in 2016. However, the slow recovery in sales in January could mean that the target is reached in fiscal 2017, says a top Society of Indian Automobile Manufacturers (Siam) functionary.


Mail Today Bureau
February 6, 2017
Between April and December of 2016-17, sales volumes of these utility vehicles (UVs) grew by 33 per cent compared to a mere 2.5 per cent for cars, according to an India Ratings and Research (Ind-Ra) report. It said the overall growth rate for passenger vehicles (PVs) stood at 8.6 per cent.


By Chanchal Pal Chauhan
January 12, 2017
The Society of Indian Automobile Manufactures (SIAM) has asked the government to abolish the TCS (tax collected at source) levied on motor vehicles with sales value exceeding Rs 10 lakh, announced in the Union Budget 2016-17.


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