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You are here: Home / INDUSTRY NEWS / Auto recap, August 16: Cars & two-wheelers to see lower tax, Volvo EX30 teased for India
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Auto recap, August 16: Cars & two-wheelers to see lower tax, Volvo EX30 teased for India

17/08/2025

Share via: Here is your quick check on the biggest developments in the world of automobiles. Here is your quick check on the biggest developments in the world of automobiles. Get Launch Updates on Notify me The automotive sector is undergoing swift transformations, making it challenging to keep up with all the recent developments. At HT Auto, we are committed to providing the most pertinent and up-to-date information as it emerges. Presented below is a brief summary of the main highlights from Saturday, August 16. Passenger cars & two-wheelers could get cheaper under next-gen GST reformThe Indian government plans to simplify the GST slabs into two broader categories – Standard and Merit, five and eighteen per cent – under the next-generation GST reforms, which could lead to lower prices for cars and two-wheelers. The move should particularly help boost sales in the mass-market segments, particularly entry-level two-wheelers and subcompact cars under ₹10 lakh. Moreover, the move will also help reduce prices on automotive components, which in turn will help make manufacturing more reasonable for auto players. Also Read : Passenger cars & two-wheelers could get cheaper under next-gen GST reform Volvo India teases EX30, the brand’s upcoming electric SUVVolvo Cars India has teased its upcoming EX30 SUV on the social media platform, Instagram. The Volvo EX30 will be positioned under the EX40 (formerly C40 Recharge) and will cater to the category of premium compact SUV buyers. The EX30 has already been on sale in the international market for a little while now, and the carmaker will be bringing it into the country in the form of Completely-Knocked-Down units. Rivals of the EX30 in India will include the BMW iX1 LWB, Mercedes-Benz EQA, BYD Sealion 7, Hyundai Ioniq 5, and Kia EV6. Also Read : Volvo India teases EX30, the brand’s upcoming electric SUV. Here’s what to expect… From 30% to all: How Mahindra’s NU_IQ targets India’s SUV heartlandMahindra’s NU_IQ represents a strategic reboot to capture India’s compact SUV heartland. Dual ICE-EV capability, global safety standards, and design maturity, the platform tells the story of Mahindra’s ambition to expand over 30% of the SUV market. Also Read : From 30% to all: How Mahindra’s NU_IQ targets India’s SUV heartland Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 17 Aug 2025, 08:44 am IST
Source: hindustantimes.com

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