TOP STORY

GST at 28 percent to hit organised pre-owned car business

Mayank Dhingra     calendar06 Jul 2017

The GST Council has placed the trade of used cars in the highest 28 percent tax slab, leading to a sharp rise in the amount of tax payable by registered dealers on used car sales.

LATEST

Mercedes-Benz posts best-ever half-year, sells over 1.1m cars (+13.7%) News International
Mercedes-Benz posts best-ever half-year, sells over 1.1m cars (+13.7%)

autherAutocar Pro News Desk calendar06 Jul 2017

Sales rise to 1,144,274 units in January-June period; strongest growth in APAC; C-Class remains best-selling model eve...

Mahindra likely to pull the plug on Scorpio Hybrid News National
Mahindra likely to pull the plug on Scorpio Hybrid

By Mayank Dhingra calendar06 Jul 2017

With hybrids getting heavily taxed in the GST regime, the company will now monitor demand patterns for the regular and...

SAIC inks MoU with Gujarat, will invest Rs 2,000 crore in India project News National
SAIC inks MoU with Gujarat, will invest Rs 2,000 crore in India project

autherAutocar Pro News Desk calendar06 Jul 2017

With manufacturing slated to start in 2019, the MoU states that the company plans to produce 50,000-70,000 vehicles in...

Jaguar E-Pace tested over 120,000 hours of running across 4 continents News International
Jaguar E-Pace tested over 120,000 hours of running across 4 continents

By James Attwood, Autocar UK` calendar05 Jul 2017

Jaguar reveals details of development programme for the new SUV, which is to be unveiled next week.

GST impact: Tata Motors slashes Hexa prices by up to Rs 217,000 News National
GST impact: Tata Motors slashes Hexa prices by up to Rs 217,000

By Nikhil Bhatia calendar05 Jul 2017

While the price reductions are across the model range, the biggest benefits are on the Hexa SUV (by up to Rs 217,000),...

Mercedes-Benz launches facelifted GLA at Rs 30.65 lakh News National
Mercedes-Benz launches facelifted GLA at Rs 30.65 lakh

autherAutocar Pro News Desk calendar05 Jul 2017

With GST having kicked in, it's one country, one price for the GLA whose sticker price starts at Rs 30.65 lakh and goe...

Volkswagen returns to Iran after 17 years, sales to begin in August News International
Volkswagen returns to Iran after 17 years, sales to begin in August

By Autocar Pro News Desk calendar05 Jul 2017

Makes market entry with local partner Mammut Khodro, Tiguan and Passat first models to be sold in Iran.

'A higher rate of tax for hybrids under GST came as a surprise.' Interview
'A higher rate of tax for hybrids under GST came as a surprise.'

By Hormazd Sorabjee, Autocar India calendar05 Jul 2017

Vikram Pawah, BMW Group India's president, speaks to Hormazd Sorabjee on the game-plan for expansion, new product stra...

BMW bullish on tapping rising luxury market potential in India News National
BMW bullish on tapping rising luxury market potential in India

By Autocar Pro News Desk calendar05 Jul 2017

German carmaker keen to take advantage of the rising potential in luxury vehicle segment; outlines new strategy aimed ...