PREMIUM ELECTRIC SUV
GST 2.0: Renault cars get cheaper, prices slashed by up to Rs 96,000; Check which models benefit the most with new price list
Renault India has announced significant price reductions across its Kwid, Triber, and Kiger models, passing on the benefits of the new GST 2.0 regime to customers. These popular vehicles are now more affordable by up to Rs 96,395, with the updated prices effective from September 22.
Tesla market share in US drops to lowest since 2017 as competition heats up
The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.
GST Rate Changes 2025: Check full list of items with revised rates effective from Navratri, September 22
GST Rates List 2025: The GST Council has announced tax slab revisions impacting almost all goods and services. After the rationalisation of taxes, several items are likely to witness a tax reduction. The new GST rates will come into effect from September 22. However, gutkha, tobacco, and cigarettes are exceptions.
Looking at India as potential market for small e-cars, GST cut makes it attractive: VW Group CEO
Volkswagen is considering introducing its affordable small electric cars to the Indian market, leveraging partnerships to optimize their introduction. CEO Oliver Blume highlighted India's potential, especially with the reduction of GST on automobiles, making the market more appealing.
VinFast shifts gears in India: Can the EV challenger outpace Tesla and Tata?
VinFast, Vietnam's leading carmaker, has entered the Indian EV market, challenging Tesla and Tata Motors with competitively priced electric SUVs like the VF6 and VF7. Aiming to become a major player, VinFast plans significant investments, job creation, and a manufacturing plant in Tamil Nadu.
VinFast bets on ecosystem, not volumes, for India: Asia CEO
Vietnamese EV maker VinFast has officially entered the Indian market. The company plans to build a complete ecosystem beyond just selling cars. This includes electric cars, buses, two-wheelers and charging infrastructure. VinFast has launched two models, the VF 6 and VF 7, assembled in Tamil Nadu. The company aims to offer benefits like free charging, maintenance, and a ten-year warranty.
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VinFast debuts in India with VF6 and VF7 electric SUVs, eyes premium EV segment: Check price, features & more
VinFast, Vietnam's EV manufacturer, has entered the Indian market with its premium Vf6 and Vf7 models, aiming to compete with established players like Maruti Suzuki and Tata Motors. The company plans to establish a strong presence with 32 dealerships across 27 cities, expanding to 35 by 2025.
BMW, the anti-Tesla, is playing the long game on EVs
BMW is set to unveil its electric iX3 SUV, showcasing the 'Neue Klasse' technology aimed at competing with rivals like BYD and Tesla. This new platform, backed by over €10 billion investment, promises enhanced battery range, faster charging, and improved user experience. BMW's strategy contrasts with competitors' all-in EV approach, emphasizing diverse powertrain options.
Elon Musk's Tesla hits the Indian roads! First Model Y delivered in Mumbai
Maharashtra Transport Minister Pratap Sarnaik became Tesla India's first customer, receiving a Model Y in Mumbai to promote electric mobility, particularly among the youth. Despite initial hype, Tesla has secured modest orders due to high import duties, limiting deliveries to select cities. While facing pricing challenges and geopolitical headwinds, Tesla is expanding its infrastructure with charging stations and experience centers.
Mahindra & Mahindra shares rally 8% on GST overhaul. Is it the auto sector’s biggest winner?
Mahindra & Mahindra shares surged 7.8% as GST overhaul cuts taxes on SUVs, small cars, and tractors, boosting demand. Analysts highlight M&M as a key beneficiary, with broader auto sector gains expected. Lower rates and uniform duties support mass-market recovery and festive-season sales.
Small cars to remain Maruti's core, SUVs to help gain market share: Hisashi Takeuchi, MD Maruti Suzuki
Maruti Suzuki aims to regain a 50% market share in India by the decade's end, focusing on the growing SUV segment, which now constitutes 55% of car sales. The company's SUV sales have tripled since FY21.
Big engines, bigger taxes: GST 2.0 hikes duty on luxury cars to 40%
India's new GST overhaul brings significant tax changes to the automobile sector. Small petrol and diesel cars will benefit from reduced rates, while luxury vehicles and high-end electric cars face increased levies. This shift aims to simplify the tax structure, potentially boosting sales of smaller vehicles but impacting the growth of the premium EV market.
From Brezza to Victoris: Maruti shifts gears to reclaim dominance in SUV space
Maruti Suzuki aims to reclaim a 50% domestic market share by the decade's end, focusing on the booming SUV segment, which now constitutes 55% of Indian car sales. Managing Director Hisashi Takeuchi highlights the success of models like Brezza and Fronx in the entry-SUV category.
GST Council meet begins to deliver on PM Modi's Diwali gift promise: What's coming for auto, insurance, personal care and electronic sectors?
Chaired by Finance Minister Nirmala Sitharaman, the GST Council is convening for two days to discuss a significant overhaul of the Goods and Services Tax. The proposed reforms aim to reduce tax rates on everyday items, potentially shifting most goods from the 12% bracket to 5% and from 28% to 18%.
Market in wait-and-watch mode looking for festive trigger; GST cuts may boost consumption: Amnish Aggarwal
Markets are in a wait-and-watch phase ahead of the GST Council meet, said Amnish Aggarwal of Prabhudas Lilladher. Potential GST cuts on FMCG, autos, and consumer durables could spur festive demand, while PSU banks look attractive; IT remains weak, and selective opportunities exist in chemicals.
Auto Inc sounds the horn against higher slab on premium EVs
Electric carmakers are raising concerns over a proposed GST increase on premium EVs, fearing it could hinder the growing adoption of clean mobility in India. The industry argues that maintaining the current 5% GST rate is crucial for price parity with ICE vehicles and sustaining long-term investments in the EV sector.
Quiet power, redefined: NEXA unveils the Grand Vitara PHANTOM BLAQ edition
NEXA's Grand Vitara PHANTOM BLAQ Edition redefines black as a symbol of quiet power and refined luxury. It showcases a matte black exterior with champagne-gold accents, premium leatherette interiors, and advanced technology. This edition embodies NEXA's Crafted Futurism, offering a sophisticated driving experience with subtle elegance and understated luxury, appealing to those who value detail over ostentation.
Wealth creation has another name: Ignore noise & Trump. Just hold on to good businesses; 22 stocks from different sectors that fit the bill
With the additional 25% tariff all but a reality, here's a question: What will President Trump say or do next? Can anyone predict that? The answer is no. So, if you cannot predict what the man responsible for all the recent market turmoil will do, why try to predict what will happen to stock prices? At such a juncture, you will do well to remember that while the markets are about buying and selling, there is a third option. Which is hold. And when it comes to wealth creation, there are times when it is more important to just hold on to stocks. So if you have quality stocks, stop analysing what is happening to the Nifty and Sensex every day.
Rivian stock rallies 8% on Fed hopes and Q2 gains — U.S. sales hit 10-month high, but is RIVN’s EV surge real or just hype?
Rivian stock jumped 8% after the Fed hinted at possible rate cuts and the company reported its Q2 results, showing U.S. sales hitting a 10-month high. Trading near $13, the company shows both promise and caution, with partnerships like Amazon’s 100,000 delivery vans and Volkswagen collaborations supporting growth.
One Toyota SUV just outsold every Lexus model combined — here’s why everyone’s buying it instead
The Toyota RAV4 is a top-selling SUV in the U.S., known for its mix of comfort, safety, and fuel efficiency. It comes in gas, hybrid, and plug-in hybrid options, making it popular with many drivers. Strong reliability and smart features help the RAV4 stay ahead of rivals and attract both new and repeat buyers.
A tax cut with unintended impact for India’s EV momentum
A proposed GST recast in India, aiming to boost the small car market by lowering taxes on ICE vehicles, could inadvertently hinder the growth of the electric car sector. With reduced price advantages, EVs, particularly small models, may face increased competition, potentially slowing their adoption despite current high growth and government targets for EV sales by 2030.
GST rationalization: You don't become irrational; 10 stocks, from two sectors, some may get more, some less, some nothing
Stocks of some consumer-facing sectors have rallied in the past three days. The reason: A coming cut in GST rates will spur demand. On the face of it, there is nothing wrong with this assumption. The laws of economics say that lower taxes mean lower prices and lower prices mean higher demand. However, take the case of air-conditioners. If prices are cut next month, it does not mean an immediate demand spurt. Yes, it may have an impact by next summer. But if the summer is late and mild like this year, demand will be impacted. So, the impact of any GST rate cut comes with many ifs and buts. Similarly, there are sectors where the response needs to be rational rather than emotional. More than anything else, demand elasticity is the big factor when looking at GST.
Tata Motors returns to South African car market after six years
Tata Motors is re-entering South Africa's passenger vehicle market after a six-year hiatus, introducing a range of SUVs and a hatchback to compete with Chinese automakers. The company aims to capture a significant market share by offering budget-friendly options. Tata plans to expand its dealership network and introduce additional models in the future, partnering with Motus Holdings for distribution.
This electric car just drove into the history books with a range that will blow your mind, and it's an SUV
Longest range electric SUV Polestar 3: Polestar 3, an electric SUV, achieved a Guinness World Record. It travelled 581.3 miles on a single charge in the UK. The long-range, single-motor version was used. Drivers rotated every three hours. The SUV surpassed its official range. Even after the range indicator hit zero, it continued for eight miles.
M&M plans world tour on multi-energy SUV platform
Mahindra & Mahindra will expand into overseas markets with a new SUV platform. The company prioritizes revenue market share over volume. A new NU IQ platform will support both combustion and electric powertrains. Mahindra will expand its Chakan plant and explore a new facility.
Mahindra introduces NU_IQ platform, unveils four new SUV design concepts
Mahindra & Mahindra has introduced its NU_IQ platform, a modular architecture set to underpin a new range of SUVs. The company previewed its future direction with four concept vehicles: Vision.S, Vision.T, Vision.SXT, and Vision.X. These concepts, developed by Mahindra's global design studios, will begin production in 2027, aiming to redefine the premium SUV experience in both Indian and global markets.
Mahindra BE 6 Batman Edition SUV launched in India at Rs 27.8 lakh. Check booking date, key features and more
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christopher Nolan’s The Dark Knight Trilogy. Priced at ₹27.79 lakh and limited to 300 units, bookings open on 23rd August 2025, with deliveries on 20th September. The SUV features Batman-themed exterior and interior design elements, offering fans a bold, collectible electric vehicle experience.
Mahindra Logistics launches mobility service Alyte for urban commuting
Mahindra Logistics Ltd has introduced Alyte, a premium, tech-driven B2C mobility service, starting in Delhi NCR. Expanding to major cities and airports, Alyte offers airport-to-city, in-city, and outstation travel. Hemant Sikka, MD and CEO, emphasizes Alyte's focus on reimagining urban mobility with assured rides and transparent pricing.
Stellantis to scale India operations with new Citroen and Jeep launches
Stellantis will introduce new petrol and electric models in India, leveraging a potential India-EU FTA to import and test global models before localizing them. While focusing on 'affordable premium' SUVs, the company aims to increase its market share, acknowledging the complexities of building brand trust in the Indian market. Stellantis will not invest under the government’s revised EV incentive policy.
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