Tata Motors knocks out peers in SUV ring

Tata Motors, India’s third largest passenger vehicle maker, took pole position in the competitive sport utility vehicle (SUV) market in October, reveals the data from industry sources.......

Auto sales stand at six-year low, shows SIAM data

The five-year (2015-16 to 2020-21, or FY21) compound annual growth rate (CAGR) of the overall auto industry is now negative at 2 per cent, against 5.7-per cent growth it saw in the previous five......

In India, taxes on cars are among the highest

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%. In the goods and services tax (GST) regime, India levies one of the highest......

It's 2020, but motown is still in slow lane

From Hyundai to Tata Motors, automakers are staring at a bleak future. With no succor provided in the Budget, the pain for companies is likely to continue for the next two quarters. Illustration:......