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Indian auto industry posts highest annual sales across all segments in FY 2025-26, first in seven years

Indian auto industry posts highest annual sales across all segments in FY 2025-26, first in seven years

by AIP Online Bureau | Apr 15, 2026 | Data, Eco/Invest/Demography, Non-Life

Electric vehicle adoption added further fuel to the rally, with electric passenger vehicle registrations jumping over 80 per cent in the year, and EV two-wheeler offtake rising sharply in March amid growing concerns over fuel prices. New Delhi: India’s...

Cyberattack plunges US auto retail industry into disarry

by AIP Online Bureau | Jun 24, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management

The outage impacting CDK’s dealer management system, used to complete deals, track store profitability and monitor employee compensation, has “plunged the auto retail industry into disarray”, JPMorgan analysts said last week U.S. auto dealers...

Auto industry says tweaked definition of SUV will provide clarity on taxation structure

by AIP Online Bureau | Jul 12, 2023 | Indian News, Non-Life

Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava said, “From the various media reports, it appears that the peak cess of 22 per cent over the 28 per cent GST slab is now applicable for all vehicles fulfilling the three...
India aims to double auto industry size to Rs 15 lakh cr by 2024 end: Gadkari

India aims to double auto industry size to Rs 15 lakh cr by 2024 end: Gadkari

by AIP Online Bureau | Dec 28, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Nitin Gadkari, Union minister for Road Transport and Highways ”Currently our automobile industry is Rs 7.5 lakh crore and we want to take it to Rs 15 lakh crore by the end of 2024, making it one of the largest automakers in the world, creating huge job...

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