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Currently, small cars that are less than four meters in length attract excise duty of 12.5 per cent, while cars with more than four meters length but with engine of less than 1,500 cc capacity attract a duty of 24 per cent.

India’s Auto Dealers Revenue Growth to Slow Amid Inventory Rise

Chennai: Revenue growth of auto dealers will slow to 7-9 per cent this fiscal after a healthy 14 per cent last fiscal...

29 Aug 2024 7:26 PM IST

Automobile retail sales in India rose to a record high this festive season clocking year-on-year growth, the Federation of Automobile Dealers Associations or FADA said on Tuesday.

Festive season auto sales soar to record high in 2023, says FADA

Pune: Automobile retail sales in India rose to a record high this festive season with all segments, except tractors,...

28 Nov 2023 10:51 PM IST

Auto dealers will see revenue accelerate 8-10 per cent this fiscal, driven by a 5-7 per cent increase in sales volume, premiumization, and price hikes of 2-5 per cent by original equipment manufacturers (OEMs).(Image:Twitter)

Auto dealers to clock 8-10% revenue growth

Pune: Auto dealers will see revenue accelerate 8-10 per cent this fiscal, driven by a 5-7 per cent increase in sales...

23 Nov 2023 8:46 PM IST