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Here's the full list of slashed prices of cars and bikes after GST rollout

India, July 6 -- Automobiles, apart from hybrid cars and a super sports bikes, have become cheaper after the Goods and Services Tax kicked in.

Most automakers chose to pass on the benefit of lower taxes to their customers, reducing the ex-showroom prices of the cars that will now be at parity in the unified market.

Here are the biggest changes in the prices of cars and bikes:

Maruti Suzuki

India's largest automaker Maruti Suzuki cut its car p... Read More


Here's a full list of slashed prices of cars and bikes after GST rollout

India, July 6 -- Automobiles, apart from hybrid cars and a super sports bikes, have become cheaper after the Goods and Services Tax kicked in.

Most automakers chose to pass on the benefit of lower taxes to their customers, reducing the ex-showroom prices of the cars that will now be at parity in the unified market.

Here are the biggest changes in the prices of cars and bikes:

Maruti Suzuki

India's largest automaker Maruti Suzuki cut its car p... Read More


GST effect: Toyota, Ford, TVS, Hero MotoCorp join price-cut bandwagon

India, July 3 -- With two-wheelers and sport-utility vehicles attracting lower tax rates under the Goods and Services Tax, more automakers on Monday announced passing on the benefit to the customers and slashed their vehicle prices.

Chennai-based two-wheeler major TVS Motor Company cut prices of its models by up to Rs 4,150.

"The price reduction is in the range of Rs 350 to Rs 1,500 in the commuter segment. In the premium segment products, the ... Read More


Auto sector ushers in price cuts; June sales witness slowdown

New Delhi, July 2 -- India's largest carmaker Maruti Suzuki reduced prices of some of its vehicles by 3% on Saturday, passing on the benefit of lower taxes for certain segments of vehicles under the GST regime.

The GST unifies the $2 trillion economy into one of the world's biggest common markets. The biggest cuts will be in Maruti Suzuki's petrol cars. "The rate of reduction varies across locations depending on VAT rates applicable prior to GST... Read More


GST ushers in price cuts from carmakers, but hits auto sales in June

India, July 1 -- India's largest carmaker Maruti Suzuki reduced prices of some of its vehicles by 3% on Saturday, passing on the benefit of lower taxes for certain segments of vehicles under the Goods and Services Tax (GST) system.

In what is being seen as the biggest tax reform since independence, the country switched to a new nationwide indirect tax system at the stroke of midnight, replacing a host of state and national levies. GST unifies th... Read More


Pre-GST jitters slow Maruti Suzuki's June sales, but Ciaz sees 41% growth

India, July 1 -- India's largest carmaker Maruti Suzuki posted only 1 .2% sales growth in June, as many buyers delayed their car purchase ahead of the landmark Goods and Service Tax (GST) rolled out on July 1.

The slowed growth was mainly due to the 8.9% drop in sale of small cars -- Alto and WagonR. The company sold 25,524 units last month as over 27,712 in June last year.

Maruti Suzuki's mid-size sedan Ciaz saw a good 41.1% growth to 3,950 ca... Read More


BMW wants to create, not capture, premium car market in India: Vikram Pawah

India, June 29 -- Luxury segment contributes up to 5-6% of the total PV sales in European countries, but it forms only 1.1% in India. BMW's new 'power to lead' strategy aims at creating a market and tapping that untapped potential.

"There's a lot of headroom in this segment, and we plan to tap that potential. The need is to get more people on board to buy our cars, and create the market," Vikram Pawah, president of BMW Group India, told HT.

Wit... Read More


BMW 5 Series launched in India, prices from Rs 49.9 lakh to Rs 61.3 lakh

India, June 29 -- BMW India launched the seventh generation BMW 5 Series luxury sedan in one petrol and three diesel variants, priced between Rs 49.9 lakh and Rs 61.3 lakh.

Former Indian cricketer Sachin Tendulkar drove in the business sedan at an event in Mumbai on Thursday. The BMW 5 Series was globally unveiled in October last year.

The BMW?5 Series is offered in three engine configurations - a 520i with a 2.0-litre petrol engine, a 520d wit... Read More


Sachin Tendulkar launches new BMW 5 Series at Rs 49.9 lakh: Launch highlights

India, June 29 -- The new BMW 5 Series was launched in India in four variants starting at Rs 49.9 lakh. Former Indian cricketer Sachin Tendulkar along with BMW?India president Vikram Pawah launched the newest business sedan in Mumbai on Thursday.

BMW has pit the new 5 Series against the new Mercedes-Benz E Class, the Audi A6, the Jaguar XF, and the new entrants in the league -- the Lexus ES and the Volvo S90, all of which are priced from Rs 52 t... Read More


BMW 5 Series launch LIVE: Sachin Tendulkar launches the new business sedan at Rs 49.9 lakh

India, June 29 -- Former Indian cricketer Sachin Tendulkar launched the new BMW 5 Series in Mumbai on Thursday. The newest executive sedan from Germany with stunning looks was unveiled in October last year.

BMW has pit the new 5 Series against the new Mercedes-Benz E Class, the Audi A6, the Jaguar XF, and the new entrants in the league -- the Lexus ES and the Volvo S90, all of which are priced from Rs 52 to 75 lakh.

BMW started making the new 5... Read More