Top Indian Automobile Industry News & Updates - 05 Sep 2025,Friday
🏢 Industry
₹950 crore subsidy to boost EV adoption, infra expansion in Uttar Pradesh
The state registered sales of about 370,000 electric vehicles in FY25, ahead of Maharashtra (240,000), Karnataka (170,000) and Tamil Nadu (132,000).
Auto buyers gearing up for premium drive
The increased affordability following the simplification in the GST rates will allow auto buyers to move up the value chain and opt for more premium products.
Govt rules out cess refund, auto dealers face Rs 2,500 crore hit
Sanjay Kumar Agarwal, chairman of the Central Board of Indirect Taxes and Customs (CBIC), on Wednesday made it clear that there will be no refund of compensation cess already paid on stocks of automobiles, aerated drinks and coal lying with dealers as on September 22.
Lower GST rate to benefit auto sector, boost domestic sales: Crisil
New Delhi: Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.
M&M surges 6% as GST rate cuts boost auto sector sentiment
Mumbai: Mahindra & Mahindra emerged as the top gainer in the Nifty 50 during afternoon trading on Thursday, surging 6 per cent to ₹3,483.30, as the government’s GST rate rationalisation announcement triggered a broad rally in consumption-linked stocks.
Startups and VCs call for ecosystem for growth of semiconductor industry
EV makers relieved as GST Council retains 5% tax on electric cars
GST cut makes cars, bikes, tyres cheaper, Diwali comes for Auto Inc
Semicon India 2025: GlobalFoundries to support companies under DLI scheme
EV drive gathers momentum in a maturing market
The amendments to PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme reflect a sophisticated policy evolution in e-mobility. The changes mark a significant recalibration of India’s electric vehicle (EV) incentive framework since the transition from FAME-I (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) to FAME-II.
📝 Companies may fire up output by25% to feed festive frenzy
📝 GST rate cuts to spur growth, benefit first-time buyers, middle-income families: Auto industry
📝 Indian envoy visits Tesla's China factory amid buzz over exports to India
📝 Anand Mahindra calls for 'more reforms to unleash consumption, investment' after Centre slashes GST rates
📝 Government asks vehicle owners to update mobile numbers
📝 Auto stocks surge on GST 2.0; M&M, Hero MotoCorp, Maruti, other auto stocks rally up to 8%
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🚗 ICE Car/SUV
Maruti Suzuki India shares dip despite GST rate cuts for auto sector
Mumbai: Maruti Suzuki shares declined 0.98 per cent to ₹14,780 during afternoon trading on Wednesday despite positive sentiment from the government’s GST rate cuts that will reduce automobile prices significantly. The stock opened higher at ₹15,240 before giving up gains, with trading volumes reaching ₹759.28 crore.
Small cars, mini SUVs to gain momentum after GST 2.0 reforms
GST Rate Cut For Cars and Bikes: Under the next-generation reforms to the Goods and Services Tax (GST) regime, cleared by the GST Council Wednesday, some of India’s best selling cars and motorcycles will see a reduction in tax incidence, which is expected to boost consumption in a sector which is seen as a crucial marker of the growth in the country’s economy.
While car buyers rejoice, dealers with old inventory stare at Rs 2,500 crore hit
Chennai: While cars, two wheelers and SUVs may have gotten cheaper, the new GST slabs have thrown up a Rs 2,500 crore pinch for passenger vehicle dealerships. With the compensation cess set to lapse on Sept 22, passenger vehicle dealers stuck with old stock at higher tax rates will face a sharp pinch with no clarity on the mechanism to claim back or refund the cess balance.
Auto industry likely to return to 7% growth with GST rate rationalisation: Maruti Suzuki India
Maruti Suzuki India on Thursday said the GST rationalisation would help the automotive industry to come back to about 7 per cent growth on a yearly basis.
GST cut will reduce prices of Alto, Wagon R: Maruti chief R C Bhargava
SUVs, bigger cars to attract 40% flat tax with no cess under GST 2.0
📝 From Mahindra Thar to Hyundai Creta: Popular cars that will get cheaper with GST 2.0
📝 New GST rate on cars and other vehicles simplified; check old vs new GST on automobiles
📝 Small cars to remain Maruti's core, SUVs to help gain market share: Hisashi Takeuchi, MD Maruti Suzuki
📝 GST rate cut: Wagon R, Swift, Dzire, Brezza, Creta to cost lower post tax bonanza
📝 Hyundai India, IIT Madras launch ‘Hope for Cancer’ to advance paediatric cancer care
📝 Maruti Suzuki Victoris breaks cover in India: Top 5 facts you must know
📝 Car GST blind spot
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Electric Car/SUV
BYD India charges past 10,000 EV deliveries in India: Details
BYD India has crossed a significant landmark, with more than 10,000 electric cars now handed over to customers across the country. BYD said that this milestone highlights the rising acceptance of electric mobility among Indian buyers and reinforces BYD’s commitment to advanced EV innovation, while pushing forward its mission of steering India toward a more sustainable and eco-friendly future. The company’s current EV line-up in the Indian market consists of the Sealion 7, Atto 3, eMax 7, and the Seal sedan, covering a diverse range of segments to appeal to different types of buyers.
Indian envoy visits Tesla's China factory amid buzz over exports to India
Beijing: India's Consul General in Shanghai Pratik Mathur visited Tesla's factory in the city on Thursday amid growing speculation over the export of its China-made luxury electric vehicle models to India.
Hyundai expands Knight edition line-up with Creta Electric, i20, and Alcazar
Hyundai launches Creta EV, i20, and Alcazar Knight edition
The Financial Express
📝 Nissan India ties up with Spinny as preferred vehicle exchange partner
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🚗 Luxury
Mercedes-Benz AMG CLE 53 Coupe review: Luxury meets high performance
Mercedes-Benz has by far the strongest portfolio in the Indian luxury car market which is unmatched by its rivals. The wide range of cars means the German marque has something to offer for every prospective buyer given he/she has the means to own one. The AMG division of Mercedes, which is responsible for developing all performance cars for the brand, has been instrumental in bringing out some of the most exotic sports cars in recent history.
Luxury car buyers may get 5-8% price benefit: Mercedes-Benz India MD & CEO
📝 GST on luxury cars: Mercedes, BMW, Audi might see a price drop; Check likely price cuts
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⛟ Commercial Vehicles
📝 VECV, Jio-bp pulse ink pact to boost EV charging infra for commercial vehicles
📝 Magenta Mobility appoints Bhavesh Panchal as Chief Technology Officer
📝 Three-wheelers to trucks: GST reform promises new demand in commercial sector
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🎤 Interviews & Features
Higher 40% GST for big cars but prices will still fall: Here’s why
The GST Council has approved a new tax structure for vehicles, slashing GST on smaller two-wheelers and cars from 28% to 18%, while midsize and big cars have been moved to a higher 40% slab. Contrary to confusion on social media and some viral posts, buyers of larger cars don’t need to panic because prices are actually expected to fall. Here’s why.
GST 2.0: Cheaper cars ahead, yet EVs and hybrids face a bumpy ride
The government’s latest GST relief on cars has set the auto industry buzzing — buyers eye cheaper price tags, while automakers recalibrate their strategies. But beneath the relief lies a shake-up that could redraw segment dynamics.
8 new things you should notice on the Maruti Suzuki Victoris. Take a look…
Maruti Suzuki India Limited (MSIL) recently unveiled its much-anticipated mid-size SUV, the Victoris, designed to set new benchmarks in the Indian SUV landscape. With a bold assertion of having ‘Got It All,’ the brand has equipped the Victoris with various new features, including connected tech and segment-first features. The Victoris is also MSIL's first car, which has been launched with a Level-2 ADAS safety suite. It gets multiple powertrain options and a modern design.
Small car prices will come down by 9%, says Maruti Suzuki India chairman
Maruti Suzuki India chairman RC Bhargava believes that the reduction in GST on small cars will prove to be a turning point for the industry. Speaking with Rishi Raj, he explains why affordability is key to driving demand, how first-time buyers are expected to return, and what the price cuts mean for popular models like Alto and Wagon R. Excerpts:
📝 Explained: Why India wants to mine its own waste for the minerals of the future
📝 GST 2.0 FAQs: How new tax slabs will impact cars, EVs, FMCG. Everything you need to know
📝 Maruti Suzuki Victoris fuel efficiency numbers revealed. Take a look achieving up to 28.65 kmpl.
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🏍 EV/ICE Two Wheelers
Bigger the bike, higher the tax: Those under 350cc to benefit
New Delhi: Bigger bike makers, primarily Royal Enfield, were a dejected lot as benefits from GST rate cuts only helped motorcycles below the 350cc segment, with the powerful machines seeing the tax go up from 28% to 40%.
For premium bike makers Eicher and Bajaj Auto, GST reforms are a double-edge sword
New Delhi : Indian bike makers such as Royal Enfield Ltd and Bajaj Auto Ltd will soon have to grapple with higher taxes on their most premium products, with the GST Council having decided to raise the tax on two-wheelers with an engine capacity above 350cc to 40%. Earlier, such two-wheelers attracted 28% GST with a 3% cess, taking the total tax to 31%.
New GST rates: Bikes over 350 cc may see sales rush till September 22
GST revamp: Motorcycle may become ₹5,000-15,000 cheaper, says Bajaj Auto
Bajaj Auto expects motorcycle prices to fall between ₹5,000 and ₹15,000, depending on the model, after the GST Council decided to cut goods and services tax on bikes with engines below 3,500cc to 18 per cent from 28 per cent. The company expects the industry to return to sales levels last seen in 2018–19.
📝 New GST rates for bikes & scooters: From Triumph, Bullet, Harley to Bajaj, check what gets cheaper and what gets costlier
📝 Himalayan 450 to Scrambler 400 X: 5 premium bikes that will cost more after GST update
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⚙ Components
Beyond metal bashing: How Bharat Forge is reinventing itself for the digital era
Mumbai: Step inside Bharat Forge’s sprawling Pune headquarters, and it doesn’t feel like the factory floor of an old-line forging company. The clang of presses shaping red-hot steel still echoes, but increasingly it is drowned out by the buzz of servers, the glow of digital dashboards, and young engineers clustered around AI terminals.
Kaynes Semicon to deliver first chip in October
Kaynes Semicon, the semiconductor subsidiary of Kaynes Technology, is set to deliver its first chip from its outsourced semiconductor assembly and testing (OSAT) facility in Sanand, Gujarat, by the first week of October. The milestone comes less than 11 months after receiving approvals in September last year, reflecting one of the fastest execution timelines in the sector, chief executive officer Raghu Panicker told Fe.
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🌇 Allied Industries
GST rate cut on tyres to bring down vehicle operating and logistics costs: ATMA
GST reduction on tyres enhance road safety, benefit consumers: ATMA
The Hindu Business Line
📝 Ashwini Vaishnaw inaugurates TDK lithium-ion battery plant in Haryana, entailing Rs 3,000 cr investment
📝 Apollo Tyres’ Chennai, Limda plants earn 5-star British Safety Council rating
📝 ARAI’s Talegaon test city in Pune ready to host indigenous self-driving solutions
📝 AutoDukan raises $1 million in Pre-Series A funding round
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🌢 Fuels, Lubricants
📝 India’s EV story is just 3–4 years old, but charging infrastructure is catching up: Exicom CEO
📝 Oil prices extend losses on OPEC+ considers another output hike
📝 India's diesel shipments to Europe surge 137% in August
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💸 Finance & Insurance
GST rate cuts. Banks and NBFCs may see uptick in demand for consumer durable loans, vehicle loans
Mumbai: Banks and non-banking finance companies (NBFCs) may be able to reverse the trend of declining credit growth as the GST (Goods and Services Tax) rate rationalisation is seen fuelling demand for consumer durable goods and vehicles, among others. As part of next generation GST reforms, the GST Council has rationalised the current 4-tiered tax rate structure into a ‘Simple Tax’ - a 2 rate structure with a Standard Rate of 18 per cent and a Merit Rate of 5 per cent; a special de-merit rate of 40 per cent for a select few goods and services.
NBFCs could see muted AUM growth in Q2; demand pick-up seen in H2FY26 from GST cuts
📝 VinFast Auto India ties up with Axis Bank for ₹200 crore dealer, retail financing support
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📖 Magazines
Midsize and large cars price drop under new GST rate calculated
The union government recently announced new GST rates for cars which has brought down the effective tax payable on all categories of cars. While sub-4m cars and SUVs benefit the most from this sweeping tax revision, midsize and large vehicles will also see a significant drop in prices.
Maruti Victoris vs Grand Vitara: which SUV has more features in top trim?
The newly-unveiled Maruti Suzuki Victoris lands as the carmaker’s second midsize SUV, joining the Grand Vitara which has been on sale since 2022. Unlike the Grand Vitara, the Victoris will be sold via Maruti Suzuki’s Arena dealerships as their flagship model. Therefore, while pricing for the Victoris hasn’t been announced yet, the new SUV is expected to be slightly more affordable than the Grand Vitara.
India to be global production hub for Maruti Victoris
The Maruti Victoris made its global debut yesterday, and will be the second prong in Maruti’s two-fold attack on the midsize SUV segment in India. The crucial difference from its platform sibling, the Maruti Grand Vitara, is that it will be sold from Maruti Suzuki Arena outlets, which outnumber the brand’s premium Nexa showrooms 6 to 1 across India, giving the Victoris a much broader reach.
How much more affordable will sub-350cc bikes and scooters become?
The Indian government has slashed GST on two-wheelers up to 350cc from 28 percent to 18 percent, effectively reducing ex-showroom prices by 10 percent. While motorcycles above 350cc now attract a higher levy, it’s the sub-350cc segment — bread and butter commuter models that make up the majority of two-wheeler sales in India — that stand to benefit the most. Here’s what that means for buyers.
Hyundai Creta Electric Knight price starts at Rs 21.45 lakh
The Hyundai Creta Electric is now available with the Korean carmaker’s all-black Knight cosmetic package. Prices for the Creta Electric Knight start at Rs 21.45 lakh and top off at Rs 23.82 lakh, marking an increase of Rs 15,000 over the top-spec Excellence trim it’s based on.
Compact cars price drop under new GST rate calculated
The government has announced sweeping reforms for the Goods and Services Tax (GST) structure, which includes reductions in taxation for new cars. Notably, GST on new sub-4m cars with up to 1,200cc petrol engines and up to 1,500cc diesel engines has been shaved from 28 percent to 18 percent, and larger cars will be taxed at a flat 40 percent rather than 45-50 percent. Cess has also been removed for a simpler tax structure, with the base GST rate instead being increased to compensate.
TVS Ntorq 150 vs rivals: price and specifications compared
The 150cc+ scooter segment in India had heated up with the introduction of the Yamaha Aerox a few years ago. Then, in January this year, Hero launched the Xoom 160, and now TVS has brought in the new Ntorq 150. All these scooters are tempting options but will appeal to a different type of rider. Here is a specification comparison to help you make an informed decision.
Maruti Victoris all colours in pictures
Maruti Victoris, the brand's second mid-size SUV after the Grand Vitara, is available in 7 monotone and 3 dual-tone colour options. Montone Victoris colour options include Eternal Blue, Sizzling Red, Mystic Green, Bluish Black, Splendid Silver, Magma Grey and Pearl Arctic White. Dual-tone colour options are Splendid Silver, Sizzling Red and Eternal Blue. To discover variant-wise colours on offer with the Victroris, swipe left.
Maruti Victoris vs Grand Vitara: exterior, interior differences explained
Maruti Suzuki has introduced the Victoris SUV as the new flagship product for its Arena outlets. It is based on the Grand Vitara, sharing the platform and all the powertrain options, but Maruti Suzuki has done well to give the Victoris a completely different look, both on the outside and inside. In fact, there are more differences between the Victoris and the Grand Vitara than the latter has with its Toyota sibling, the Urban Cruiser Hyryder. So, without further ado, let’s take a closer look at the finer details.
Which variant of Maruti Victoris should you consider buying
Maruti Suzuki has finally revealed the much-awaited Victoris, the carmaker’s second mid-size SUV after the Grand Vitara. While the Vitara is a premium Nexa offering, the Maruti Victoris is sold via the Arena showrooms, making it a relatively more accessible model. The new car from Maruti gets a long list of features, some of which are not offered even on the higher-positioned Grand Vitara. Keep reading to find out variant-wise features, colours and powertrain options available with the Toyota Urban Cruiser Hyryder, Hyundai Creta, Kia Seltos and Honda Elevate rival.
Mercedes-AMG CLE 53 Coupe review - Six (cylinder) appeal
In case you find yourself lost in Mercedes' vast universe of models, you aren’t alone. Case in point, the CLE - a nameplate that didn't exist till 2023. To give a quick introduction, the CLE is a replacement for both the C-Class Coupé and Cabriolet and the E-Class Coupé and Cabriolet. India got the CLE Cabriolet last year in leisurely 300 guise, but the CLE Coupé that has just gone on sale is an altogether more serious tool. And that’s because it comes in AMG 53 guise.
Hyundai i20 Knight launched at Rs 9.15 lakh
Hyundai India has expanded its Knight line-up in the country by launching all-black versions of the i20 and i20 N Line. Priced from Rs 9.15 lakh, the Hyundai i20 Knight and i20 N Line Knight trims are based on the respective higher-spec variants, and along with cosmetic changes, they also get a few feature additions.
Hyundai Alcazar Knight Edition launched at Rs 21.66 lakh
Hyundai has launched the new Alcazar Knight Edition at Rs 21.66 lakh (ex-showroom). The Alcazar is the sixth model in Hyundai’s lineup to get the Knight Edition treatment. It is based on the top-spec Signature trim, is available with both petrol and diesel engines, but only in 7-seater guise.
Honda’s first full-sized electric motorcycle undergoes testing in Europe
Honda has begun extensive testing of its first full-sized electric motorcycle, the EV FUN Concept, on European roads. First showcased at EICMA 2024, this naked EV will produce equivalent power to a 500cc bike and features CCS2 quick charging.
TVS Ntorq 150 launched at Rs 1.19 lakh
After teasing it a week ago, TVS has pulled the covers off the new Ntorq 150 for which prices start at Rs 1.19 lakh for the standard model and go up to Rs 1.29 lakh for the TFT variant. The Ntorq 150 is TVS’ largest ICE scooter to date and is based upon the same platform as its smaller sibling.
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📰 International
BYD slashes sales target as growth cools down
BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said, as the Chinese electric vehicle (EV) giant faces its slowest annual growth in five years and other signs that its era of record-setting expansion could be drawing to a close.
📝 General Motors cuts output at one of main EV factories, citing weak demand
📝 EV maker VinFast's quarterly loss widens amid heavy spending on ambitious growth strategy
📝 Sri Lanka Customs to release over 500 BYD EVs after judicial intervention
📝 Japan, US near deal to bring lower auto tariffs into effect, source says
📝 Japan parts maker Nidec plunges on accounting probe
📝 Volkswagen draws on Polo brand name for affordable hatchback EV
📝 South Korea's SK On signs energy storage battery supply deal with Flatiron Energy
📝 EV maker Polestar posts wider quarterly loss on tariffs, pricing pressure
📝 BMW Motorrad Vision CE is a glimpse into the future of urban mobility. Check it out self-balancing function.
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