Auto sales stand at six-year low, shows SIAM data

The five-year (2015-16 to 2020-21, or FY21) compound annual growth rate (CAGR) of the overall auto industry is now negative at 2 per cent, against 5.7-per cent growth it saw in the previous five......

Suzuki Motor charges up for EVs, spells out strategy for the first time

SMC plans to develop electrification technologies by 2025, fully im­plement them in pro­ducts from the same year, and make a full-scale quantitative in­crease from 2030. Recently,......

In India, taxes on cars are among the highest

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%. In the goods and services tax (GST) regime, India levies one of the highest......

New Creta, petrol Vitarra Brezza.. What went down at Auto Expo Day 2

South Korean auto major Hyundai on Thursday showcased the new version of its popular SUV Creta which will be launched in March.  Unveiled by Bollywood actor Shah Rukh Khan, the second......