Sector

2025 is shaping up to be a defining year for the luxury market with a resurgence in consumer interest, product launches, and GST rate rationalisation

Indian Luxury Auto Market 2025: Trends, Challenges, and Promise of GST Reforms

9 min read . 14 Oct 2025

File photo of an employee assembling different parts onto a car panel at the manufacturing plant of Maruti Suzuki in Manesar. (REUTERS)

Indian Auto Ancillary Industry in 2025: From Backstage to Global Spotlight

10 min read . 14 Oct 2025

The new GST structure is rationalised into two tax slabs - 5% and 18%, while premium cars and two-wheelers will be taxed at 40% (Representative Image)

Enhance buoyancy & strengthen confidence: Auto sector reacts to new GST rates

18 min read . 04 Sept 2025

Indian auto component industry is expected to bear the brunt of the new US tariff regime

India’s auto component exports face heat as Trump’s 25% tariffs kick in

1 min read . 01 Aug 2025

Indian Commerce Minister Piyush Goyal asked IREL to stop its exports of rare earths, mainly neodymium, a key material used in magnets for electric vehicle motors, one of the sources said. (Image used only for representational purpose) (REUTERS)

India moves to conserve its rare earths, seeks halt to Japan exports: Report

3 min read . 14 Jun 2025

A NITI Aayog report noted that the absence of a strong innovation culture has prevented the development of advanced and differentiated products (Image used only for representational purpose)

India lacks innovations in automobile sector, need to hike substantial investments in R&D: NITI Aayog

1 min read . 19 Apr 2025

The minister stated that the presence of reputed global automobile brands in India is a mark of the country's potential. (PTI)

Aim to become no. 1 country in auto segment: Nitin Gadkari

1 min read . 09 Jan 2025

Economic weakness in China and a local real estate crisis has severely hit demand, including for autos, which has become a headache for Mercedes, Volkswagen, Porsche and BMW (REUTERS)

Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall

2 min read . 21 Sept 2024

Volkswagen defended plans to consider unprecedented factory closures in Germany, saying flagging car sales have left the company with about two plants too many. Photographer: Iona Dutz/Bloomberg (Bloomberg)

VW scraps three-decades-old German jobs guarantee to cut costs

1 min read . 10 Sept 2024

the 'Rules of Origin' have to be such that they do not impact the Indian automobile sector negatively. (Image used only for representational purpose)

India presses for stricter Rules of Origin in auto sector under UK FTA agreement

3 min read . 10 Sept 2024

Speaking at the 64th Annual SIAM convention, Union Heavy Industries Minister HD Kumaraswamy said the scheme has helped create around 30,000 jobs in the country.

Govt receives investment proposals worth ₹75,000 crore under auto PLI scheme

1 min read . 10 Sept 2024

Women seen at the assembly lines at Tata Motors' Omega Factory which manufactures the Harrier and Safari SUVs. According to SIAM, the auto industry is currently one of the biggest contributors to India's overall GST collection. (HT Auto/Sameer Contractor)

Auto sector is contributing nearly 15% to India's GST, says manufacturers' body

3 min read . 09 Sept 2024

Two-wheelers are projected to deliver an industry-leading 14 per cent CAGR over FY24-27, compared to 7 per cent for PVs and 4 per cent for trucks (HT Print)

Two-wheelers, tractors to surge with 14% & 10% CAGR till FY27: Jefferies report

2 min read . 07 Sept 2024

The announcement is part of the ₹120,000 crore investments cleared by the Maharashtra government that will see several auto and component makers set up shop in the state EVs, semiconductors and more

Skoda-Volkswagen affirm India plans, to invest ₹15,000 crore in Chakan plant

2 min read . 07 Sept 2024

Car production fell to 124,829 units, down by 16.62% year-on-year mainly due to lower domestic sales (Reuters)

Thailand car production drops 16.6% in July as local sales down

1 min read . 27 Aug 2024

An Xpeng Inc. G9 electric vehicle at a showroom at the company's headquarters in Guangzhou, China (Image used only for representational purpose) (Bloomberg)

China accuses Canada of protectionism over 100% tariffs on electric vehicles

2 min read . 27 Aug 2024

(Image used only for representational purpose)

Focused on making Thiruvananthapuram global automotive tech hub: Kerala Minister

1 min read . 24 Aug 2024

The number of employees in Germany is to be successively reduced by 11,000 to 14,000 from the current level of around 54,000 by 2028, ZF said in a statement

Electric car woes force German supplier ZF to axe jobs

2 min read . 26 Jul 2024

File photo: Cars are seen parked at Maruti Suzuki's plant at Manesar. (REUTERS)

FADA plans to take up issue of high inventory with SIAM: Report

2 min read . 15 Jun 2024

Talking about different FTAs, Commerce Secretary Sunil Barthwal said that countries are looking to get a pie out of the Indian automobile sector (Image used only for representational purpose)

UK looks for greater share in India auto sector under FTA: Official

3 min read . 07 Jan 2024