Green GST tax may help buyers shift towards greener cars, says Vikram Pawah, president of BMW Group India

Green GST tax may help buyers shift towards greener cars, says Vikram Pawah, president of BMW Group India

Mumbai: Levying a ‘green GST (goods and services tax)’ on cars-where the tax rate goes up or down based on the vehicle’s emission levels-will be the ideal path towards achieving carbon neutrality, said Vikram Pawah, president of BMW Group India. The gradient will incline consumers towards buying greener cars, he told ET. “Ideally there should … Read more

BMW, MINI record 10 pc sales growth in Jan-Sept

BMW, MINI record 10 pc sales growth in Jan-Sept

German luxury carmaker BMW Group on Friday said its BMW and MINI brands recorded a 10 per cent year-on-year increase in sales, at 10,556 units in India during the January-September period of 2024. The number of cars (BMW and MINI) sold in the nine months of 2023 was 9,580 units. Besides, the group also sold … Read more

BMW India posts record sales at 7,098 units in Jan-Jun

BMW India posts record sales at 7,098 units in Jan-Jun

BMW Group India on Tuesday said it has reported the highest ever sales in the country in the first half of the year with delivery of 7,098 units to customers. The luxury carmaker saw its sales increase 21 per cent year-on-year from 5,867 units in the January-June period of 2023. The company also sold 3,614 … Read more