Tata Motors to infuse additional Rs 120 crores in Freight Tiger

Tata Motors announced a further investment of Rs 120 crore in Freight Commerce Solutions. This brings its total commitment to Freight Tiger to Rs 270 crore. The company aims to transform logistics using artificial intelligence. Tata Motors also established a new subsidiary in the Netherlands. This entity will manage business interests.

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Hero, Bajaj absorb GST hike on premium bikes to protect festive demand

Hero MotoCorp, Bajaj Auto, and others are absorbing the GST hike on 350cc+ motorcycles, raised to 40% from 31%, to sustain demand during the festive season. Models like Harley-Davidson X440, KTM, and Triumph remain at pre-GST prices, unlike Royal Enfield and Ducati, which passed on costs. Sub-350cc bikes benefit from a GST cut, boosting sales.

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Mahindra sells Sampo Rosenlew stake to TERA, enabling new growth pathways in Finnish market

Mahindra and Mahindra will sell its full stake in Sampo Rosenlew Oy. The company signed an agreement with Tera Yatirim Teknoloji Holding. This move allows Sampo to pursue new growth and innovation. Sampo will no longer be a wholly owned subsidiary of M&M. Sampo's technologies helped M&M's farm machinery capabilities. Sampo makes combine harvesters and forestry machines in Finland.

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Auto components maker Wheels India inks pact with South Korea's SHPAC for hydraulics cylinder mfg

Wheels India Ltd has signed a technical agreement with South Korea's SHPAC for technology transfer in hydraulic cylinder manufacturing. This pact aims to significantly boost Wheels India's growth in the global hydraulic cylinder industry, a strategic segment the company intends to expand as a key driver for its future business.

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JLR seeks £2 billion to absorb financial shocks

Jaguar Land Rover has sought £2 billion emergency funding after a cyberattack halted production. UK factories and global operations faced shutdowns. The UK government will guarantee a separate £1.5 billion loan. This aims to support suppliers and ensure liquidity. Production is expected to normalize by November. Financial impact could reach £3.5 billion.

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India aims to be among top 2 auto makers, double auto production in 5 years

India is drafting an ambitious Automotive Mission Plan 2047 to boost vehicle production to 50 million by 2030 and 200 million by 2047, aiming for a top-two global position. The plan prioritizes local sustainable vehicle production and exports, while gradually reducing internal combustion engine vehicle share without immediate curbs.

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Hatchbacks will continue to exist despite 'SUVisation' of auto industry: FADA president

Hatchbacks will retain relevance despite the global “SUVisation” trend, the Federation of Automobile Dealers Associations (FADA) said, noting continued demand and competition among manufacturers. Maruti Suzuki expects 10% growth in small cars post-GST cuts, aided by tax reliefs and lower EMIs, while Hyundai argues micro SUVs like Exter and Punch will grow at hatchbacks’ expense as consumer preferences shift.

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Britain pledges $2 billion loan guarantee for Tata's Jaguar Land Rover

Britain is backing Jaguar Land Rover, owned by India's Tata Motors, with a £1.5 billion loan guarantee. This support addresses a month-long production shutdown caused by a cyberattack, which severely impacted JLR's supply chain and threatened numerous jobs. The government's intervention aims to safeguard the iconic British brand and its crucial automotive sector, ensuring stability for affected suppliers.

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NCLT okays demerger of TaMo's PV, CV units

Tata Motors received NCLT approval for its restructuring plan. This allows the demerger of its passenger and commercial vehicle businesses. The demerger will take effect from October 1. Both entities will be independently listed on stock exchanges. This move aims to unlock value and provide sharper focus. Leadership changes are also part of this strategic overhaul.

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Volkswagen to overhaul India business amid market pressures, company memo shows

Volkswagen Group is restructuring its India operations as it faces a $1.4 billion tax demand, rising competition, and policy shifts. Skoda Auto, leading its India strategy, has hired external experts for a business review amid senior executive exits. Despite revenue growth, profits have plunged. The carmaker plans EV investments with local partners to sustain its presence in the market.

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Hero MotoCorp appoints Madhuri Mehta as CHRO

Hero MotoCorp Ltd has appointed Madhuri Mehta as its new chief human resources officer, effective October 1. Mehta will spearhead the company's global people strategy and culture transformation initiatives. With over 24 years of experience, she joins from Emaar India, previously holding leadership roles at Dalmia Bharat Group, bringing valuable expertise to Hero MotoCorp's growth journey.

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India proposes relaxing fuel efficiency norms for small cars boosting Maruti Suzuki shares

India has proposed easing fuel efficiency standards for small cars, potentially benefiting Maruti Suzuki, whose shares surged to a record high. The proposed changes offer carbon saving benefits for petrol cars under 909 kg and four meters, departing from industry consensus. This move could reduce pressure to electrify small cars, despite concerns about giving Maruti an unfair advantage.

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ABB India invests Rs 140 cr for motors manufacturing expansion

ABB India will invest over Rs 140 crore to expand its Low Voltage motors facility. The company will also launch IE5 ultra-premium efficiency motors. This move reinforces India's role as a global manufacturing hub. The IE5 motors, designed for various industries, will operate on both DOL and VFD. These motors are free from rare-earth metals.

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Skoda Octavia to make comeback in Indian market

Skoda Auto India is set to re-launch its premium Octavia sedan in a sportier 'RS' version as a fully-built unit, commemorating 25 years in India. Bookings for the limited 100 units begin next month, with deliveries expected in November. The company aims to double its market share, having already seen a significant sales increase this fiscal year.

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JSW Motors revs up for major new phase, eyes deals with BYD & several other other China automakers

JSW Motors is investing ₹26,000 crore to foray into India's passenger vehicle market, aiming to launch its first car by June next year. The company is in talks with BYD, Volkswagen, and Renault for technology and platforms, planning to manufacture up to 25 models by 2030.

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Mahindra is offering up to Rs 2.5 lakh GST + Festive discount on 3XO and Rs 1.5 lakh on Thar: Check discount details

Mahindra XUV 3XO price after GST Cut: Mahindra & Mahindra has rolled out festive offers on its SUV range, providing savings up to ₹2.56 lakh, alongside GST-linked price reductions. The 'Everyone said GST. We said More' campaign aims to attract customers during the festive season. Benefits vary by model, with the Thar Roxx starting at ₹12.25 lakh and the XUV700 at ₹13.66 lakh.

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Tata-owned Jaguar Land Rover pushes to pay struggling suppliers after hack

Jaguar Land Rover (JLR) is working to resolve a payment backlog to suppliers following a cyberattack that halted production. The automaker has already disbursed roughly £300 million to alleviate financial strain on partners, prioritizing those most affected.

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Carmakers see booking surge as GST rate cuts boost demand

India's passenger vehicle industry is experiencing a surge in customer orders following the GST rate cuts. Carmakers like Maruti Suzuki and Hyundai Motor India have seen bookings jump nearly fourfold, fueled by positive consumer sentiment. Deliveries of new orders are expected to keep showrooms busy until December, with car sales during Navratri anticipated to be significantly higher than last year.

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Tata-owned Jaguar Land Rover extends production halt again after Sept 2 cyberattack

Jaguar Land Rover (JLR) has extended its production pause until October 1, 2025, following a cybersecurity incident earlier this month. The company is working with cybersecurity specialists and law enforcement to ensure a safe restart. A hacker group, "Scattered Lapsus$ Hunters," claimed responsibility for the breach, which has disrupted operations and affected repair garages.

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Hero Motocorp unveils new Destini 110: Check price, features, engine performance, colours and more

Hero Motocorp has launched the all-new Destini 110, featuring a retro design and high fuel efficiency, with prices starting at Rs 72,000. Available in VX and ZX variants, the scooter boasts a refined 110cc engine, segment-leading mileage of 56.2 kmpl, and a durable metal body. Sales will commence in a phased manner across Hero MotoCorp dealerships.

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Maruti Suzuki highlights increased car sales after ushering in GST reforms, says nearly 15,000 bookings a day

The automobile industry saw a strong start to the festive season, fueled by Navratri and the implementation of GST 2.0 reforms, which lowered car prices. Maruti Suzuki reported exceptional customer response, with a surge in inquiries, bookings, and deliveries, particularly for small cars.

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GST 2.0: Festive auto rush starts with record deliveries

Leading automakers such as Maruti Suzuki, Hyundai, Tata Motors, and Hero MotoCorp, who have sweetened the GST benefits with their own price incentives to customers, are seeing strong demand traction, said dealers and company executives. Vehicle deliveries planned on Monday at most dealerships ET visited across Delhi, Gurugram, and Mumbai are 3-5 times higher than normal.

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Astor, Hector & Gloster just got cheaper! JSW MG Motor India cuts SUV prices after GST relief

JSW MG Motor India has slashed prices across its ICE SUV range, including Astor, Hector, and Gloster, passing on the full GST rate cut benefit to customers. The price reductions, ranging from Rs 54,000 to Rs 3,04,000, aim to enhance affordability and boost sales. MG Gloster buyers can also avail additional benefits up to Rs 3.5 lakh.

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GST 2.0 will bring down grocery bills by 13%, Rs 70,000 savings on small car purchases

The new GST reforms, effective Monday, promise significant savings for Indian households. Groceries and essentials are projected to be 13% cheaper, while small car buyers could save around Rs 70,000. Savings on stationery, clothing, and medicines range from 7-12%. Health and life insurance policies are now GST exempt, potentially saving 18%.

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After a lull, auto companies gear up for the storm in festive season

Auto retailers in Mumbai anticipate increased sales during the upcoming festive season, starting with Navratri. Recent GST 2.0 tax cuts caused a sales slowdown. Dealers faced losses due to buyers delaying purchases. They are clearing old stock before the new GST rates take effect. Retailers are concerned about unused compensation cess credits and are urging the government for relief.

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Navaratri bonanza for buyers as major automakers roll out price cuts under GST 2.0

Great news for buyers as car prices are slashed. Maruti Suzuki, Tata Motors, and Hyundai Motor India have announced price cuts. This coincides with the start of Navaratri. Even luxury brands like Mercedes-Benz and BMW have reduced prices. Mahindra & Mahindra, Honda, Kia, and Toyota have also joined in. Hero MotoCorp and Honda Motorcycle are cutting two-wheeler prices too.

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Eyeing bumper festive sales, Hero MotoCorp looks to maintain leadership in 2-wheeler segment

Hero MotoCorp anticipates a strong festival season for two-wheeler sales. The company aims to maintain its leadership position in the Indian market. A GST rate cut is expected to boost demand. Ashutosh Varma highlights a positive macro environment. Hero MotoCorp plans to grow in all segments, including EVs and premium bikes.

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The invisible fortress: Inside the secret world of VIP armoured cars

Armored vehicles, designed to safeguard high-profile individuals, represent a complex intersection of security and public safety. Carmakers discreetly develop these mobile fortresses, balancing impenetrable protection with the need to minimize harm to the outside world.

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Auto Inc takes multi-fuel powertrain drive

Indian car companies are changing their plans. They are making cars that use petrol, CNG, hybrid, and electric power. The sales of petrol and diesel cars may go down. CNG and electric car sales are expected to increase. Maruti Suzuki launched Victoris SUV in petrol, hybrid, and CNG options. Automakers are optimising production and supply chains.

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Mahindra lowers ICE SUV prices; offers benefits up to Rs 2.5 lakh

Mahindra & Mahindra has announced price cuts across its entire SUV lineup, including Bolero Neo, XUV3XO, and Scorpio models, to fully pass on GST rate rationalization benefits. Customers can expect total savings of up to ₹2.56 lakh, with the Bolero Neo leading with the highest reduction.

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Suzuki Motorcycle to cut prices by up to Rs 18,024 to pass full benefit of GST rate reduction

Suzuki Motorcycle India announces price reductions on its models. The price cut goes up to Rupees 18,024. This decision follows the GST rate reduction. The revised prices are effective from September 22, 2025. Customers will benefit from lower maintenance costs on spare parts. Deepak Mutreja of SMIPL welcomes the government's GST reforms.

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Expecting more discounts on top of GST cuts on cars and bikes? Here's why you might not get it

Following GST cuts, automakers are likely to reduce or eliminate discounts as demand picks up, potentially boosting profit margins. Motilal Oswal has revised volume growth forecasts upward for all major automobile segments for FY26 and FY27, anticipating increased sales due to tax benefits, a normal monsoon, and lower interest rates.

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Team India jersey deal not overpaid as it carries a premium: Vice Chairman Neeraj Kanwar

Apollo Tyres secures the Indian cricket team jersey sponsorship for ₹579 crore. The company believes the investment is justified despite a higher bid than Dream11. Neeraj Kanwar dismisses concerns about a 'jersey curse'. Apollo aims to boost sales and expand its reach through this partnership. The company plans activations and will use Sachin Tendulkar to promote the brand.

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Maruti Suzuki slashes car prices by up to ₹1.29 lakh after GST rate cuts

Maruti Suzuki announced it will pass on the full benefit of the recent GST rate reduction on automobiles to customers by lowering vehicle prices across its portfolio. The revised prices will come into effect from September 22, 2025. Entry-level cars like the S-Presso and Alto K10 will see the steepest cuts, with reductions of up to ₹1.29 lakh and ₹1.

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Who Should Buy the Mahindra Thar and Who Should Opt for the Thar Roxx?

Mahindra introduces the Thar Roxx, a five-door variant, alongside the classic three-door Thar, catering to different lifestyles. The Roxx prioritizes comfort and technology with a longer wheelbase, advanced features, and enhanced safety. While the classic Thar emphasizes off-road capability and a raw driving experience, appealing to adventure seekers and budget-conscious buyers.

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China's SAIC to cut stake in India car venture with JSW amid investment curbs, sources say

SAIC Motor plans to reduce its stake in its Indian joint venture, JSW MG Motor, and halt further investments. Despite efforts to improve relations between India and China, investment proposals remain stalled. JSW's pursuit of a partnership with Chery Automobile has further strained the relationship.

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Apollo Tyres to reduce prices to pass on GST rate cut benefit to customers

Apollo Tyres announces a price reduction on its products. This decision follows the GST Council's rate cut on tyres. The price drop ranges from Rs 300 to Rs 2,000. Passenger vehicle tyres will see a reduction between Rs 300 and Rs 1,500. Truck and bus radial tyre prices will decline by around Rs 2,000.

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TVS Motor rolls out TVS King Deluxe Plus CNG 3-wheeler in Tanzania

TVS Motor Company introduced the TVS King Deluxe Plus CNG 3-wheeler in Tanzania. The launch took place at the Gymkhana Sports Club in Dar Es Salaam. The new model includes upgraded features like a king-size driver seat and tubeless tires. This vehicle has a 5-kg CNG tank and an 8-litre petrol tank.

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Hyundai India seals wage pact with Chennai plant union; employees to get Rs 31,000 salary boost

Hyundai Motor India and its union, UUHE, have finalized a three-year wage agreement effective from April 2024 to March 2027. The agreement includes a substantial salary increase of Rs 31,000 per month, distributed over the period. This revised compensation package aims to set a new industry standard, reflecting a commitment to employee welfare and organizational growth.

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US tariffs to hit 8 pc of India's auto component output: Report

Icra reports that new US tariffs may impact about 8% of India's auto parts output. Indian exporters face a disadvantage compared to other Asian nations. This highlights the need for an India-US trade deal. Auto component exports contribute significantly to industry revenue. The US accounts for a large portion of these exports.

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Domestic tyre industry revenue likely to grow 12-fold by 2047: Report

India's tyre industry anticipates substantial growth. Revenue could increase twelvefold, reaching Rs 13 lakh crore by 2047. This expansion is fueled by premium products and rising exports. The original equipment manufacturer sector and vehicle export growth are key drivers. The industry aims to meet domestic demand and significantly boost exports to markets like the US and EU.

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Nissan confirms E20-compatible vehicles and continued warranty protection for New Nissan Magnite customers

Nissan Motor India supports the government's green fuel initiatives, announcing that the New Nissan Magnite is E20 compliant across both engine options. Existing and new Magnite vehicles can use E20 fuel without issues, and using E20 fuel will not void the warranty for vehicles sold after October 2024. Nissan assures customers that any E20-related issues will be addressed during service.

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Tata owned JLR extends production halt after cybersecurity incident

Jaguar Land Rover, owned by Tata, has extended its production pause until September 24 due to a cybersecurity incident. The company is continuing its forensic investigation and planning a controlled restart of global operations. Jaguar Land Rover apologized for the ongoing disruption and said updates will be provided as the investigation progresses.

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Car sales skid for 4th month in a row ahead of tax gifts

Car sales in India experienced a decline for the fourth consecutive month in August, primarily due to automakers adjusting dispatches in anticipation of revised GST rates. Despite the overall car sales dip, three-wheeler and two-wheeler segments witnessed growth.

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Car sales dip for fourth straight month as manufacturers await GST rate revision

Car sales in India fell for the fourth consecutive month in August, with 321,840 vehicles dispatched, down 8.8% from last year, as manufacturers adjusted shipments ahead of revised GST rates. Three-wheeler and two-wheeler sales rose 8.3% and 7.1% respectively. Industry leaders expect GST reductions to boost demand during the upcoming festive season.

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Passenger vehicle dispatches decline 9% to 3.21 lk units in August: SIAM

Passenger vehicle dispatches in India experienced a 9% year-on-year decline in August, totaling 3,21,840 units, according to the Society of Indian Automobile Manufacturers (SIAM). However, the two-wheeler segment showed positive growth, with dispatches increasing by 7% to reach 18,33,921 units compared to the previous year's 17,11,662 units.

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Tata Tech acquires German company ESTEC for Rs 750 cr to establish a base in Europe's auto hub

Tata Technologies is expanding its capabilities in software-defined vehicles with the acquisition of Germany's ESTEC for ₹750 crore, aiming to strengthen its position in Europe's automotive hub. Despite earlier hesitations due to tariffs, the global auto industry is regaining confidence, leading to renewed investment decisions. The company anticipates growth and expects GST 2.

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Mercedes expects this festive season to be best-ever; calls for uniform road taxes for long-term growth

Mercedes-Benz India anticipates a record-breaking festive season due to the recent GST rate reduction. MD and CEO Santosh Iyer highlights the need for uniform road taxes across states to maximize benefits for consumers. Iyer welcomes the GST rationalization but notes the automotive sector remains heavily taxed. He also points out the correlation between luxury car growth and economic development.

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Hyundai looks at 'double engine' boost on growth post GST rate cut

Hyundai Motor India anticipates a resurgence in domestic sales following GST rate reductions, aiming for growth through both local sales and exports. Despite a recent domestic sales dip, exports have surged. With increased production capacity from the Talegaon plant, Hyundai is poised to meet demands in both domestic and international markets, expecting a boost from positive market sentiment.

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SUV prices drop: Hyundai Creta, Tata Harrier, Toyota Fortuner cheaper by up to Rs 3.49 lakh

Following recent GST reforms in India, major automakers like Tata, Hyundai, and Toyota have announced significant price cuts on their vehicles. The new tax structure places small cars at 18% and larger vehicles at 40%, leading to reduced prices for popular SUVs and cars. Consumers can expect savings on models like the Toyota Fortuner, Tata Nexon, and Mahindra XUV700.

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Fiscal sops on cards for making rare earth magnets locally: Union Minister HD Kumaraswamy

India plans fiscal incentives for local rare-earth magnet production. HD Kumaraswamy highlighted the move at an ACMA event. The aim is to reduce reliance on Chinese supplies for EV motors. A scheme supporting global value chain participation is also in the works. Existing PLI schemes have spurred investments and job creation.

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'Phasing out old vehicles could fetch Rs 40,000 cr in GST': Nitin Gadkari

Nitin Gadkari highlighted the potential for ₹40,000 crore in GST revenue through the scrapping of 9.7 million unfit vehicles, potentially creating 7 million jobs. The government's vehicle scrapping policy encourages phasing out old vehicles, with the private sector investing ₹2,700 crore in scrapping centers.

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India to roll out incentives for local rare earth magnet production: HD Kumaraswamy

India is proactively reducing its reliance on Chinese rare earth magnet supplies by introducing fiscal incentives to boost local manufacturing. The scheme aims to support capital investments and operating costs, addressing vulnerabilities in critical raw materials essential for EV motors. This initiative seeks to offset high tariffs, bridge cost gaps, and secure steady supplies amidst global trade restrictions.

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Mahindra XUV700 new price drops by Rs 1.43 lakhs after GST overhaul

Mahindra has reduced the prices of the XUV700, passing on the benefits of the revised GST slab to customers before its implementation on September 22. With the tax rate on large SUVs dropping from 48% to 40%, buyers can now save between Rs 88,900 and Rs 1.43 lakh depending on the variant.

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Car makers rev up targets for FY26 on higher bookings powered by GST cuts

Automakers in India, including Maruti Suzuki, Hyundai, and Mahindra & Mahindra, are increasing sales targets for this fiscal year following GST cuts on vehicles. Customer bookings have surged, leading manufacturers to project a 5-7% growth, a significant rise from the earlier 1-2% forecast. The industry anticipates continued momentum, fueled by positive consumer sentiment and rural market strength.

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Govt, auto industry need to work together to achieve self-reliance in entire value chain: PM Modi

Prime Minister Narendra Modi emphasized the need for government and the automobile industry collaboration to achieve self-reliance across the manufacturing value chain, aligning with the vision of 'Viksit Bharat'. He highlighted India's progress towards global leadership in green and smart transportation, presenting significant investment and collaboration opportunities.

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Yamaha to pass benefits of GST cut to customers; R15, FZ & MT15 to get cheaper

India Yamaha Motor announces a price reduction. The company will pass on GST benefits to customers starting September 22. This applies to two-wheelers with engines under 350 cc. The GST rate has been reduced from 28% to 18%. Itaru Otani expresses gratitude to the government. He believes this will boost demand during the festive season.

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Aim to make India's auto industry world no 1 in 5 Years: Gadkari

Nitin Gadkari aims to make India's automobile industry number one globally within five years, leveraging the country's cost-effective, high-quality vehicles. Currently valued at ₹22 lakh crore, the industry lags behind the US and China. India's focus on manufacturing electric vehicles is driven by the need to reduce the ₹22 lakh crore spent annually on importing polluting fossil fuels.

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Volkswagen India to reduce car prices by up to Rs 3.27 lakh, buyers to get full GST benefit

India’s goods and services tax (GST) system has undergone a major rationalisation, collapsing four tax slabs into just two principal rates (5% and 18%), supplemented by a 40% slab for high–end consumer goods, including larger and luxury vehicles.

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Auto dealers urge PM for relief on ₹2,500-cr cess credits under GST 2.0

Automobile dealers are urgently seeking Prime Minister Modi's intervention to prevent the lapse of ₹2,500 crore in compensation cess credits with the upcoming GST regime changes. Fada warns of severe financial strain on dealerships, impacting working capital, banks, and jobs if a transitional mechanism isn't established to utilize these credits against other GST components.

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Mercedes-Benz calls India a 'priority market', vows to keep investing despite impending EU-India FTA

Mercedes-Benz will keep investing in India. The company will not halt any plans. This includes boosting local production. The EU-India free trade agreement is coming. Mathias Geisen says India is a high-growth market. Mercedes-Benz has plans for different trade agreement outcomes. The company believes in free trade. It sees India as a priority market.

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JLR slashes Defender, Range Rover and Discovery prices by up to ₹30.4 lakh after GST rate cut

Jaguar Land Rover India has announced price reductions ranging from ₹4.5 lakh to ₹30.4 lakh across its Range Rover, Defender, and Discovery SUV lineup, passing on the benefits of the recent GST rate cut on luxury cars to customers. Volvo Car India also stated it would cut prices by up to ₹6.9 lakh on its ICE models.

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Automobile retail sales rise 2.8% amid festival demand and anticipated GST cuts

Auto retail sales saw a rise of 2.8% in August, boosted by festival demand. However, sales remained flat compared to the previous month. Buyers postponed purchases, expecting lower prices after GST reductions. Commercial vehicles performed well, driven by e-commerce. Tractor sales surged due to good monsoons.

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More automakers cut prices ahead of festive season post-GST slash

Carmakers, including Kia India, JSW MG Motor, TVS Motor Company, and Lexus, are reducing prices to pass on the benefits of reduced GST rates to customers. The price cuts, effective from September, aim to boost car sales during the festive season and the rest of the fiscal year. Lexus announced the most significant savings, with reductions up to ₹20.

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Audi India announces price cut to over Rs 7.8 lakh to pass on GST benefits

Audi India has reduced prices across its models by Rs 2.6–7.8 lakh, passing on GST 2.0 benefits. The Q3 now starts at Rs 43.07 lakh, while the Q8 begins at Rs 1.1 crore. Prices of Q5, Q7, A4, and A6 are also lower. Audi said the move makes its cars more accessible before the festive season.

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Hero MotoCorp appoints Harshavardhan Chitale as CEO

Hero MotoCorp has a new Chief Executive Officer. Harshavardhan Chitale is the new CEO. He has over three decades of global leadership experience. Chitale previously served as Global CEO of Signify’s Professional Business. Vikram Kasbekar, the Acting CEO, will remain on the board. He will serve as Executive Director and Chief Technology Officer.

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Mercedes-Benz unveils all-new electric GLC with EQ Technology at IAA Mobility 2025

Mercedes-Benz introduced the all-new GLC with EQ Technology at IAA Mobility 2025, showcasing its electric and design evolution. The GLC debuts a reimagined grille and the MBUX Hyperscreen, a 99.3-centimetre display with zone dimming. The cabin features sculptural trim, wireless charging, and ambient lighting linked to climate controls, creating personalized moods powered by the MB.OS.

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Yamaha R15 gets a fresh look: Check price and features here

Yamaha India Motor has introduced new color schemes for its R15 range, including the R15M, R15 V4, and R15S, as part of its 2025 upgrade under the 'The Call of the Blue' campaign. The R15M gets a Metallic Grey finish, while the R15 V4 now comes in Metallic Black and a Matte Pearl White.

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Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Crisil Ratings

Crisil Ratings anticipates a 5-6% growth in two-wheeler sales this fiscal year, spurred by the GST Council's tax rate rationalization. This move is expected to boost demand for two-wheelers and passenger vehicles, with price drops of 5-10% anticipated. However, motorcycles exceeding 350 cc will face higher levies, potentially impacting their sales.

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Big discounts ahead of GST 2.0: Firms eye fresh demand, clear old stock

Ahead of the festive season and the implementation of revised GST rates on September 22, manufacturers, retailers, and e-commerce platforms are offering discounts on cars, TVs, ACs, apparel, and footwear to clear inventory and reduce GST input credit.

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Mahindra Thar, Scorpio & other SUV prices reduced by up to Rs 1.56 lakh with immediate effect following GST cut

Mahindra and Mahindra reduced prices on passenger vehicles. The price cuts range up to Rupees 1.56 lakh. This follows the GST rate cut benefit to customers. The revised prices are effective from September 6, 2025. Bolero/Neo range prices decreased by Rupees 1.27 lakh. XUV3XO petrol and diesel prices also reduced. Other models like THAR, Scorpio, and XUV700 are now cheaper.

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Maruti Suzuki Chairman hints at massive price drop in Alto K10, WagonR post GST rejig; here are the expected prices for all models

Maruti Suzuki Chairman RC Bhargava lauded the government's tax reforms as a significant boost for the auto sector, anticipating a resurgence in demand, particularly for small cars. He estimates a potential 10% annual growth in the small car segment, driving overall industry growth to 7-8%. Consequently, prices for models like Alto and WagonR are expected to decrease substantially.

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Renault cars price cut: Check new rates of Kwid, Triber and Kiger from Sept 22

Renault cars prices revised: Renault India will reduce vehicle prices by up to Rs 96,395, passing on the full benefit of the recent GST rate cut to buyers. Effective September 22, 2025, the revised pricing aims to boost demand during the festive season. The price cut includes Kwid, Triber and Kiger models.

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Tata Motor to pass on tax cut benefits to customers

Tata Motors announced on Friday that it will reduce prices across its vehicle range by up to ₹1.55 lakh, passing on the full benefit of the GST reduction to customers. Effective September 22, 2025, the price cuts will vary, with models like the Tiago seeing a reduction of ₹75,000 and the Harrier experiencing a decrease of ₹140,000.

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Royal Enfield new GST rate: From Hunter 350, Classic to Himalayan, check full list of bikes getting cheaper or costlier after Sept 22

Royal Enfield's new GST rate: Royal Enfield faces a mixed impact from recent GST changes. While bikes below 350cc will benefit from a reduced 18% GST, making models like the Hunter and Classic more affordable, larger motorcycles now face a higher 40% tax. Check full list of bikes and their expected new prices.

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GST relief on cars, but dealers stare at Rs 2,500 cr hit

GST reforms have lowered car, SUV and two-wheeler prices, but PV dealers face ₹2,500 cr losses as the compensation cess lapses on Sept 22, TOI reported. Deloitte and FADA warned of stranded costs, with SUVs and large cars worst hit. Dealers seek clarity, even as M&M cut billing to ease the burden.

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Companies may fire up output by25% to feed festive frenzy

Indian car, two-wheeler, and electronics manufacturers are ramping up production. They anticipate a surge in demand following Goods and Services Tax (GST) reductions. Automakers expect increased showroom traffic and order volumes, especially for small cars. Electronics firms are expanding production of larger televisions. The GST Council reduced taxes on various items, potentially boosting festive sales.

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GST Council revises tax slabs for automobiles: Small vehicles get relief while SUVs face higher levy

The GST Council has announced a restructuring of tax rates for the automobile sector, effective September 22, 2025. Mass mobility vehicles like smaller cars and motorcycles up to 350cc will see reduced GST rates, dropping from 28% to 18%. Conversely, larger cars, SUVs, motorcycles above 350cc, yachts, and personal aircraft will face a higher tax rate of 40%.

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From Brezza to Victoris: Maruti shifts gears to reclaim dominance in SUV space

Maruti Suzuki aims to reclaim a 50% domestic market share by the decade's end, focusing on the booming SUV segment, which now constitutes 55% of Indian car sales. Managing Director Hisashi Takeuchi highlights the success of models like Brezza and Fronx in the entry-SUV category.

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Honda Elevate gets festive season updates with new interior and styling options; check price and details here

Honda Cars India introduced updates to the Honda Elevate. The updates include new color options and enhanced styling. The ZX grade now features ivory interiors and an optional Alpha-Bold plus Grille. V and VX grades get black fabric upholstery with ivory inserts. A Black Edition with unique styling is also available. The Elevate continues to offer a 1.

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Maruti Suzuki Victoris launched: Automaker adds muscle to its midsize SUV portfolio; check features, powertrain and more

Maruti Suzuki Victoris launch: Maruti Suzuki has entered the midsize SUV market with the launch of the Escudo/Victoris, targeting competitors like the Hyundai Creta and Kia Seltos. Positioned between the Brezza and Grand Vitara, it aims to offer a spacious yet affordable option. However, the automaker experienced a 6% year-on-year decrease in car production in August, adjusting to market demand.

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Motown unclear what route cess will take past GST 2.0

Indian automakers and retailers may face losses on over 600,000 unsold vehicles. This is due to unclear GST compensation cess rules. The industry wants the govt to abolish the cess. They seek a mechanism for credit losses after the GST revamp. The GST Council will discuss levy changes soon. Some companies are limiting dispatches of larger vehicles.

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Ceat expects Camso integration to boost its topline by 10-15%

Ceat anticipates a 10-15% revenue boost following the integration of Camso, acquired from Michelin for USD 225 million. This acquisition provides access to a global customer base and manufacturing facilities, strengthening Ceat's position in the high-margin off-highway tyres segment.

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Maruti Suzuki reports 6% y-o-y drop in August output

Maruti Suzuki, India's largest carmaker, experienced a 6% decrease in car production in August 2025, totaling 1,58,202 units, adjusting to market demand. While compact models saw a slight increase, utility vehicle production dropped by 15%. Overall, passenger vehicle dispatches declined by 8%, and total sales saw a marginal dip.

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GST panel calls for steep levies on luxury EVs in blow for Tesla, BMW

An Indian tax panel has suggested significant consumer levy increases on luxury electric vehicles priced above $46,000, potentially impacting Tesla, Mercedes-Benz, BMW, and BYD sales. This proposal contrasts with Prime Minister Modi's broader tax reform efforts, which aim to reduce taxes on many goods.

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Car sales stay in slow lane for 4th straight month

Passenger vehicle sales in India experienced a fourth consecutive month of decline in August, dropping 7% to 330,000 units as carmakers strategically adjusted dispatches in anticipation of revised GST rates. The GST Council is expected to discuss lowering the levy on small cars, potentially boosting sales.

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Ashok Leyland August sales up 5% at 15,239 units

Ashok Leyland announced a sales increase. The commercial vehicle maker saw a 5% rise in total sales for August, reaching 15,239 units. Domestic sales also experienced growth, increasing by 2% to 13,622 units. However, the company's shares experienced a slight dip in trading on the Bombay Stock Exchange. The stock traded at Rs 126.70 apiece.

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Ashok Leyland September sales up 5% at 15,239 units

Ashok Leyland announced a sales increase. The commercial vehicle maker saw a 5% rise in total sales for August, reaching 15,239 units. Domestic sales also experienced growth, increasing by 2% to 13,622 units. However, the company's shares experienced a slight dip in trading on the Bombay Stock Exchange. The stock traded at Rs 126.70 apiece.

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JSW MG Motor India August sales up 52% at 6,578 units

JSW MG Motor India experienced a significant surge in sales during August 2025, reporting a 52% increase with 6,578 units sold compared to 4,323 units in August 2024. The festive season played a crucial role in boosting sales across both internal combustion engine (ICE) and electric vehicle (EV) models, leading to the company's highest deliveries of the year.

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Bajaj Auto sales up 5% YoY in August at 4,17,616 units

Bajaj Auto saw a 5% increase in total vehicle wholesales in August, reaching 4,17,616 units, driven by a significant 29% surge in exports to 1,85,218 vehicles. However, domestic sales saw an 8% decline, with two-wheeler sales also experiencing a 12% drop in the domestic market despite a slight overall increase.

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