Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu October 4, 2012. Running around the clock and selling everything it can build, Hyundai Motor’s Indian factory is bursting at the seams. But as demand grows and rivals scale up, the car maker has chosen to take its foot off the pedal. Hyundai’s strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand. Picture taken October 4, 2012. To match Analysis HYUNDAI-CAPACITY/ REUTERS/Babu (INDIA – Tags: TRANSPORT BUSINESS)
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BABU
rending Auto Stocks Today, Hero MotorCorp, Maruti Suzuki, Tata Motors, Ola Electric share price live updates: Auto stocks gained traction on Monday after the Government proposed lowering the goods and services tax on small cars as part of sweeping consumption tax cuts.
Consumer durables and small cars, which are taxed at 28% now, are proposed to be moved to the 18% bracket.
Nifty Auto index soared over 4% to its highest level in 10 months, leading the sectoral gainers. All 15 stocks on the auto index rose. Hero MotoCorp, Maruti, Bajaj Auto, M&M and Eicher Motors led the gainers of Nifty 50. Ashok Leyland, TVS Motor also rallied over 7%.
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- 10:18 | August 18, 2025
Auto stocks live: Hero Motorcorp, Maruti lead gainers
Nifty auto index rose over 4%. Top gainers: Hero Motocorp (+8.32%), Maruti (+7.42%), Ashok Leyland (+6.50%), TVS Motor (+6.44%), M&M (+4.52%)
- 10:17 | August 18, 2025
Auto stocks today live: GST impact | Cars, ACs, daily-use items to cost less under proposed GST review
Consumer durables and small cars, which are taxed at 28 per cent now, are proposed to be moved to the 18 per cent bracket, according to a top government official.
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Cars, ACs, daily-use items to cost less under proposed GST review
GST reforms proposed by the Centre aim to reduce prices on a range of goods, including cars and consumer durables.
Published on August 18, 2025
