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Tax Cuts, Sales Boost: Everything You Need To Know About New GST Rates
Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September 22.
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Women Account For 26 Per Cent Of Used Car Sales In Q1 2022: Report
A recent report carried out by Spinny, reveals that women buyers account for over 25 per cent of total used car sales in India in Q1 2022.
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Jaguar Land Rover Expects China Premium Car Sales To Grow This Year
Jaguar Land Rover's Chief Finance Officer for China, Tim Howard, expects premium car sales to continue to grow this year in the country. Jaguar Land Rover will start making first plug-in hybrid vehicles in China this year.
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Offers On BS6 Cars: Renault India Announces Discounts Of Upto Rs. 70,000 On The Duster, Kwid & Triber In August
In a bid to attract more customers this Independence Day, Renault India has announced special deals and lucrative offers on its entire product range. As a part of the 'Reasons To Smile' campaign, the French auto manufacturer is offering special benefits on the BS6 compliant models of Duster, Triber & the Kwid small car. Buyers interested in purchas...
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Volkswagen Introduces Lease Options, Flexible Finance Plans To Push Sales During Lockdown
Volkswagen India has rolled a number of leasing and finance options for customers across its complete product portfolio. The move comes as more and more buyers are seriously considering personal mobility, as the country follows social distancing and hygiene norms to keep the Coronavirus at bay. The leasing and finance options will help the automake...
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Kia To Introduce A Special Financial Product For 3 Month EMI Cover
The automobile sector is gradually moving towards the new normal post the Coronavirus Pandemic as several manufacturers have resumed operations in the country. The COVID-19 have had a major impact on the industry bringing the entire operations and sales to a standstill. Several carmakers are now focusing on introducing a new finance package to boos...
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Up To 50 Per Cent Of Used Car Buyers Will Opt For Finance Options Post Lockdown: Mahindra First Choice CEO
In next 3 to 4 months up to 50 per cent of used car buyers will opt for finance options over making full cash purchases.
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Coronavirus: Mahindra Announces Special Finance Schemes For Consumers
Mahindra and Mahindra today announced a range of special finance schemes to boost car sales in India. The carmaker has announced some lucrative finance schemes like - Own Now, Pay In 2021, 90 days moratorium on EMIs, special schemes for women, 100 per cent on-road financing and long-term loan tenure (8 years) among others.
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Coronavirus: Tata Motors Introduces Affordable EMIs And Long Tenure Loans To Boost Car Sales
Tata Motors has announced the introduction of a new, lucrative finance package, to boost car sales in India amidst the COVID-19 pandemic. Called as the "Keys to Safety" the package includes easy financing, affordable EMIs with long tenure loans, and special offers for frontline warriors like - doctors, healthcare professionals, essential service pr...
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Volvo Cars India Launches Contactless Program For Sales And Service Bookings
Volvo dealer facilities are also being disinfected and personnel working there are being provided with PPEs and sanitizers.
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Retail Demand For Auto Recovers In Last Quarter Of 2019 Amidst Slowdown
After a long slump of disappointing sales figures in 2019, the last quarter of the year saw retail sales finally witnessing a revision as the buying sentiment was positive again. Automakers registered growth in retail sales in the months between September and December, as festive discounts, benefits, financing schemes lured buyers back to showrooms...
-
Auto Sales In India In 2019 Witness Biggest Drop In Two Decades
The Indian auto sector had a forgettable year - 2019 - as the industry soldiered on despite one of the worst periods. Sales for passenger vehicles including cars, SUVs and even two-wheelers witnessed a major decline last year, dropping at its lowest in two decades. Apart from the economic slump in the Indian corporate sector, financing issues, elec...
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GST Council Meeting: No Reduction In GST For The Auto Industry
The GST council has not announced any rate cuts on the passenger vehicles and that means there will be no change in the price of cars and bikes.
-
Blame Game Starts As Wheels Come Off India's Auto Sector
When Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was contributing to a painful slump in car sales, it sparked an online backlash from furious youngsters.
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Used Cars, Not Just Millennials, Likely Behind Auto Slump
Finance Minister Nirmala Sitharaman this week said millennials opting for taxi-hailing services like Uber are a factor for the drop in vehicle sales. While the jury is still out on this, automakers face another speed bump: used cars.
-
Tax Cuts, Sales Boost: Everything You Need To Know About New GST Rates
Finance Minister Nirmala Sitharaman unveiled tax cuts for hundreds of consumer items, from soap to cars, in the biggest overhaul of the goods and services tax (GST), set to take effect from September 22.
-
Women Account For 26 Per Cent Of Used Car Sales In Q1 2022: Report
A recent report carried out by Spinny, reveals that women buyers account for over 25 per cent of total used car sales in India in Q1 2022.
-
Jaguar Land Rover Expects China Premium Car Sales To Grow This Year
Jaguar Land Rover's Chief Finance Officer for China, Tim Howard, expects premium car sales to continue to grow this year in the country. Jaguar Land Rover will start making first plug-in hybrid vehicles in China this year.
-
Offers On BS6 Cars: Renault India Announces Discounts Of Upto Rs. 70,000 On The Duster, Kwid & Triber In August
In a bid to attract more customers this Independence Day, Renault India has announced special deals and lucrative offers on its entire product range. As a part of the 'Reasons To Smile' campaign, the French auto manufacturer is offering special benefits on the BS6 compliant models of Duster, Triber & the Kwid small car. Buyers interested in purchas...
-
Volkswagen Introduces Lease Options, Flexible Finance Plans To Push Sales During Lockdown
Volkswagen India has rolled a number of leasing and finance options for customers across its complete product portfolio. The move comes as more and more buyers are seriously considering personal mobility, as the country follows social distancing and hygiene norms to keep the Coronavirus at bay. The leasing and finance options will help the automake...
-
Kia To Introduce A Special Financial Product For 3 Month EMI Cover
The automobile sector is gradually moving towards the new normal post the Coronavirus Pandemic as several manufacturers have resumed operations in the country. The COVID-19 have had a major impact on the industry bringing the entire operations and sales to a standstill. Several carmakers are now focusing on introducing a new finance package to boos...
-
Up To 50 Per Cent Of Used Car Buyers Will Opt For Finance Options Post Lockdown: Mahindra First Choice CEO
In next 3 to 4 months up to 50 per cent of used car buyers will opt for finance options over making full cash purchases.
-
Coronavirus: Mahindra Announces Special Finance Schemes For Consumers
Mahindra and Mahindra today announced a range of special finance schemes to boost car sales in India. The carmaker has announced some lucrative finance schemes like - Own Now, Pay In 2021, 90 days moratorium on EMIs, special schemes for women, 100 per cent on-road financing and long-term loan tenure (8 years) among others.
-
Coronavirus: Tata Motors Introduces Affordable EMIs And Long Tenure Loans To Boost Car Sales
Tata Motors has announced the introduction of a new, lucrative finance package, to boost car sales in India amidst the COVID-19 pandemic. Called as the "Keys to Safety" the package includes easy financing, affordable EMIs with long tenure loans, and special offers for frontline warriors like - doctors, healthcare professionals, essential service pr...
-
Volvo Cars India Launches Contactless Program For Sales And Service Bookings
Volvo dealer facilities are also being disinfected and personnel working there are being provided with PPEs and sanitizers.
-
Retail Demand For Auto Recovers In Last Quarter Of 2019 Amidst Slowdown
After a long slump of disappointing sales figures in 2019, the last quarter of the year saw retail sales finally witnessing a revision as the buying sentiment was positive again. Automakers registered growth in retail sales in the months between September and December, as festive discounts, benefits, financing schemes lured buyers back to showrooms...
-
Auto Sales In India In 2019 Witness Biggest Drop In Two Decades
The Indian auto sector had a forgettable year - 2019 - as the industry soldiered on despite one of the worst periods. Sales for passenger vehicles including cars, SUVs and even two-wheelers witnessed a major decline last year, dropping at its lowest in two decades. Apart from the economic slump in the Indian corporate sector, financing issues, elec...
-
GST Council Meeting: No Reduction In GST For The Auto Industry
The GST council has not announced any rate cuts on the passenger vehicles and that means there will be no change in the price of cars and bikes.
-
Blame Game Starts As Wheels Come Off India's Auto Sector
When Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was contributing to a painful slump in car sales, it sparked an online backlash from furious youngsters.
-
Used Cars, Not Just Millennials, Likely Behind Auto Slump
Finance Minister Nirmala Sitharaman this week said millennials opting for taxi-hailing services like Uber are a factor for the drop in vehicle sales. While the jury is still out on this, automakers face another speed bump: used cars.
