Wednesday, April 28, 2021

HMSI to temporarily suspend operation from May 1-15 due to rise in covid cases

Over the past few weeks, Hero MotoCorp, Maruti Suzuki, Toyota Kirloskar Motor, MG Motor India have advanced annual maintenance shutdown or announced temporary suspension of operations due to the challenges stemming from the rise in covid cases.

from Auto-Industry-Economic Times https://ift.tt/3dXCsJj

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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...