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Saturday, July 19, 2025
TopicAuto Industry

Topic: Auto Industry

Investors in Indian bonds should keep their eye on roads, not cars

Tax cuts for auto industry may cheer equity markets. Bond investors need to watch how much Modi govt can spend on roads, a high fiscal multiplier.

Auto industry says slowdown will cause more job losses, calls for reducing GST on vehicles

The Society of Indian Automobile Manufacturers said the high tax rate on automobiles has social consequences, and wants the govt to consider reducing GST to 18% from 28%.

Maruti Suzuki to shut down Gurugram and Manesar production plants for 2 days

Car manufacturer Maruti Suzuki's decision to shut production for 2 days comes at a time the company, along with the auto industry, has taken a big hit.

Car sales in India drop to record low as economic slowdown worsens

Weak sales are forcing manufacturers to cut production or shut factories, leading to at least 15,000 job losses in the industry so far.

This is how transporters are hitting back at Modi govt for not listening to their demands

The transporters' grievances range from categorisation of trucks & tyres under 28% GST slab to 2% TDS on cash withdrawals of over Rs 1 cr.

Caught in a slowdown, India’s auto sector sees no hope for growth until festival season

Lack of easy credit to consumers from banks and crisis-hit NBFCs has led to weaker vehicle sales. Below normal monsoon could make it worse.

Consumption has long propped up India’s economy, so its decline is cause for alarm

The macroeconomy appears sombre because of old difficulties like financing and investment, and new ones like consumption demand.

Auto stocks have lost $42 billion in 16 months & suddenly become India’s worst sector

Slowdown in consumption amid cash crunch has left carmakers with a pile of unsold vehicles in one of world’s fastest-growing auto market.

Growing slump in India’s $70 billion auto industry should worry the govt

With unemployment sky-rocketing and expenses growing, people in India don't have the purchasing power for vehicles anymore.

Car industry could be the next victim of US-China tech cold war

Dilemma of US automakers over technology illustrates how any serious US effort to block high-tech exports to contain China would be both delusional & self-destructive. 

On Camera

Fauja Singh’s death shows Indian roads remain a national emergency—474 lives lost every day

Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.