scorecardresearch
Thursday, August 14, 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

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.