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    Indian tax panel unlikely to favour auto sector tax rate cut

    Indian tax panel unlikely to favour auto sector tax rate cut

    17 Sep 2019

    India’s goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major...

    Auto sales in China decline for a 14th consecutive month in August

    Auto sales in China decline for a 14th consecutive month in August

    11 Sep 2019

    Auto sales in China fell for a 14th consecutive month in August, and the number of new energy vehicles (NEVs) sold contracted for the second month in a row,...

    Japanese automakers’ sales decline in S.Korea amid consumer boycott

    Japanese automakers’ sales decline in S.Korea amid consumer boycott

    04 Sep 2019

    Japanese automakers posted sharper sales falls in South Korea in August, industry data showed on Wednesday, hit by a consumer boycott of Japanese vehicles amid a worsening diplomatic row...

    Top Indian automakers plan cuts in output amid industry crisis

    Top Indian automakers plan cuts in output amid industry crisis

    09 Aug 2019

    Indian automakers Tata Motors and Mahindra and Mahindra (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven...

    High GST rates, interest costs subdue India’s July auto sales

    High GST rates, interest costs subdue India’s July auto sales

    02 Aug 2019

    Liquidity constraints along with high Goods and Services Tax (GST) rates and interest costs continued to subdue Indian automobile sales during July. According to Sridhar V., Partner with Grant Thornton...

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