suvs – News Express

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Maruti profit zooms to 3,878 crore, highest ever in a quarter – Times of India

adminApril 26, 202403 mins

NEW DELHI: Maruti Suzuki on Friday reported its highest quarterly net profit as growing share of SUVs fueled its sales while ease in commodity prices helped margins.Consolidated net profit in Jan-March (Q4 of FY24) soared 48% to Rs 3,878 crore when compared with Rs 2,624 crore in the same period a year ago, the company…

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Are you sure you own an SUV? Just a third of car models branded & sold as Sports Utility Vehicles meet official definition – Times of India

adminApril 6, 202406 mins

Do you own an SUV? You may want to check again, since the criteria for determining GST rates on Sports Utility Vehicles are very specific. In India, Sports Utility Vehicles or SUVs have gained immense popularity, constituting every second car sold. However, as per the official SUV definition, they represent only about one-tenth of total…