Saturday, June 15, 2024

Boost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years

Hyundai Motor India Ltd (HMIL) is planning a ₹25,000 crore IPO to drive its parent company's strategy of making India a key export hub. The company plans to introduce nearly half a dozen electric vehicles for local sales and exports as part of this ambitious strategy.

from Auto-Industry-Economic Times https://ift.tt/vzKqid0

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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...