SUVs

Higher incomes and a strong order book driven by pent-up demand, especially for SUVs, will support domestic growth even as exports remain sluggish helping vehicle sales touch a record of 5 mn units

Ever bigger cars pose a growing problem for the environment because they produce more greenhouse gas emissions and need larger batteries than their smaller cousins, according to the International Energy Agency. The Paris-based body suggested Monday that it's time for the car industry to downsize its vehicles, citing data that showed the world's 330 million sports utility vehicles, or SUVs, pumped out almost 1 billion metric tons of carbon dioxide in 2022. That's more than the annual emissions of an industrial nation like Germany. The shift towards heavier and less fuel-efficient conventional vehicles increases growth in both oil demand and CO2 emissions," the agency said, noting that SUVs consume about a fifth more gasoline than an average medium-sized car. Between 2021 and 2022, oil use in conventional cars, excluding SUVs, remained roughly the same, but the oil consumption of SUVs globally increased by 500,000 barrels per day, accounting for one-third of the total growth in oil .

Car sales black, grey, blue, red, green, and gold rose by a few percentage points in 2022

German automaker Volkswagen has recalled nearly 21,000 of its 'ID.4' electric SUVs over faulty battery software that could lead to a "loss of propulsion" sans warning.

TMS Ep350: SUVs, Indo-Pak talks, green hydrogen stocks, Char Dham Yatra

Why have SUVs become India's car of choice? How should India react to Pak PM's call for talks? Which green hydrogen stocks should you keep an eye on? What is the Char Dham Yatra? All answers here

The company aims to regain 50 per cent market share in the domestic passenger vehicle segment by bolstering its presence in the sports utility vehicle (SUV) space

Maruti Suzuki India on Friday said it has launched two CNG powertrain options of its mid-sized SUV Grand Vitara, priced at Rs 12.85 lakh and Rs 14.84 lakh (ex-showroom Delhi). The country's largest carmaker said the CNG trims come with a five-speed manual gearbox with a fuel efficiency of 26.6 km/kg. The 1.5 litre gasoline-powered variants of the car are priced from Rs 10.45 lakh to Rs 19.49 lakh. "The introduction of the S-CNG option further expands the appeal of the Grand Vitara. The Grand Vitara S-CNG will contribute to our aggressive plan to widen our green-powertrain offerings, expanding to 14 models," Maruti Suzuki India Senior Executive Officer Marketing & Sales Shashank Srivastava said in a statement. The Grand Vitara S-CNG can also be owned through Maruti Suzuki Subscribe at an all-inclusive monthly subscription fee starting from Rs 30,723, the company stated.

India has handed 125 SUVs to the Sri Lankan police under a line of credit as part of its ongoing efforts to support the cash-strapped island nation and address the serious mobility restriction issues faced by the police due to non-availability of vehicles. As part of its 'Neighbourhood First' policy, India has extended multi-pronged assistance to Sri Lanka over the last 12 months to help the country tide over its worst economic and humanitarian crisis since its independence from Great Britain in 1948. Indian High Commissioner Gopal Baglay on Thursday handed over 125 SUVs to Sri Lanka's Minister of Public Security Tiran Alles for Sri Lanka Police in an official ceremony. Taking to Twitter, the Indian High Commission in Sri Lanka said that another 375 SUVs will be dispatched to Colombo under an existing line of credit. India's Support to Sri Lanka continues. The High Commissioner ceremonially handed over 125 Mahindra SUVs to Hon. Min of Public Security, Tiran Alles for Sri Lanka. Pol

What changed at last week's GST Council meeting?

In its latest meeting, the GST Council approved the decriminalisation of certain offenses and clarified the tax provisions on a number of items. What were the key decisions taken at the meeting?

Auto industry body Society of Indian Automobile Manufacturers on Saturday welcomed the GST Council's clarification on the definition of SUVs, saying it is on the lines of its discussions with the finance ministry. Briefing reporters after the 48th GST Council meeting, finance minister Nirmala Sitharaman said the higher rate of compensation cess of 22 per cent is applicable to a motor vehicle fulfilling all four conditions -- it is popularly known as SUV; has engine capacity exceeding 1,500cc; length exceeding 4,000 mm; has ground clearance of 170 mm and above. In response, SIAM in a statement said this has brought in a clarity that higher rate of compensation cess of 22 per, over and above of 28 per of GST, will be applicable only on such vehicles which meet all the four conditions. "SIAM is thankful to ministry of finance, government of India and the GST Council for issuing a clarification on the definition of SUVs," it added. This is on the lines of SIAM's recommendations and bas

Defers the classification of crypto assets under GST regime

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Revenue during the period rose 57% to Rs 20,839 crore from Rs 13,314 crore

Among cars, UVs have seen the highest growth during the past few years

Juke, which was also showcased on Tuesday, is currently being evaluated for the Indian market

Skoda Auto Volkswagen India on Monday said it has commenced exports of mid-sized sports utility vehicle Kushaq. The company, which manages the Indian region of five Volkswagen Group brands Skoda, Volkswagen, Audi, Porsche, and Lamborghini - has started shipments of left-hand-drive Kushaq to Arab Gulf Cooperation Council (AGCC) countries. In September, Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) commenced export of Volkswagen Taigun and Virtus. "The Skoda Kushaq is the third made-in-India car to be exported this year..the market acceptance and success of all our exports highlight our global quality standards," SAVWIPL Managing Director Piyush Arora said in a statement. SAVWIPL launched its export programme in 2011 with 6,256 units of the India-built Volkswagen Vento for the South African market. Since then, the company's export market has continued to grow incrementally to 44 countries across South America, Central America, Africa, the Indian Subcontinent, Southeast Asia, the AG

Driven by strong demand for its sports utility vehicles, Mahindra & Mahindra on Monday reported the highest ever monthly wholesales of 64,486 vehicles in September, a two-fold jump as compared with the year-ago period. The Mumbai-based auto major had dispatched total 28,112 passenger and commercial vehicles in domestic and international markets in September 2021. Last month, the company posted its highest ever monthly sales of sports utility vehicles (SUV) at 34,262 units, a two-fold jump as compared with 12,863 units in September 2021. In an interaction with PTI, Mahindra & Mahindra President (Automotive Division) Veejay Nakra said, September turned out to be a record month for the company in terms of overall volumes as well as the SUV dispatches. He noted that the overall popularity of SUVs along with robust demand for the company's latest products led to the record dispatches for the automaker last month. "Even in the thick of COVID-19, while the passenger vehicle industry .

The Korean carmaker sold 33,087 units in the country in September last year

India's first electric car is acknowledged to be the Lovebird, from Eddy Current Controls (India) in 1993

SUV launches getting traction, weak rural demand a headwind for tractors