Friday, October 4, 2024

Green GST tax may help buyers shift towards greener cars, says Vikram Pawah, president of BMW Group India

Vikram Pawah, president of BMW Group India, suggests a 'green GST' linked to vehicle emissions to promote carbon neutrality. He believes a tax gradient based on emissions will push consumers towards greener cars, aiding in achieving carbon neutrality goals. BMW is focusing on electric vehicles and aims to lead in luxury EV sales in India.

from Auto-Industry-Economic Times https://ift.tt/Tm5db0r

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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...