Tag Archives: Import Cars

by | March 2, 2013

A Study on Budget 2013: Impact on the Auto Sector

Budget 2013: Impact on the Auto Sector

SUVs, luxury cars and high end motorcycles to get more expensive in this year’s budget

In his budget speech, Finance Minister P Chidambaram announced a number of changes in excise duty and import duty structures for a few segments of the market. The biggest hit obviously being the hike on all SUVs which will now attract an excise duty rate of 30 per cent as opposed to 27 per cent previously, except for SUVs bought to be used as taxis. The import duty on fully built cars has also been increased steeply from 75 per cent to 100 per cent while the import duty on motorcycles above 800cc has gone up from 60 per cent to 75 per cent.



A Study on Budget 2013: Impact on the Auto Sector

Justifying his decision on hiking the excise duty for SUVs, Chidambaram stated that SUVs take up more space and are not as fuel efficient as other vehicles, therefore the subsequent increase. Interestingly, the industry was asking the government to slash the excise duty on SUVs from 27 per cent to 22 per cent, but matters seem to have gone the other way around. SUVs have been one of the fastest growing segments in India and while the auto industry overall has been posting a slowdown, the SUV segment has continued to draw in the numbers…

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by | September 17, 2012

Case Study: Traveler Import Car, Incorporated

Traveler Import Cars Inc is an ambitious venture started by two entrepreneurs Randy & Beryl, both highly qualified & immensely experienced in their fields. Till the time the business was small it was manageable as the two heads, Randy & Beryl made all key decisions & closely managed Traveler Import Cars Inc. As the business grew and further acquisitions took place, there seemed to be a large number of organisational & managerial issues, which were prominently hampering its growth & development.

A management consultant by the name of J.P. Muzak was hired by Beryl to conduct a thorough need analysis in order to devise an interventions strategy for the firm to be able to perform efficiently again. With the help of confidential structured interviews with all managers, supervisors & other select members of the team, J.P Muzak put forth the organisational need analysis in the form of this report to the top management along with feasible recommendations to solve every analysed problem area. Click here to read more…

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