Automobile

Slump in auto sector continues despite festive season

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For the last two months, the Narendra Modi government at the Center has been making continuous efforts to remove the economic slowdown of the country. For this, many big decisions have been taken by the government, including a cut in corporate tax. But despite these efforts of the government, the auto industry slowdown continues. In fact, SIAM, the association of ...

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PUC centers ordered to link results with Vahan database

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Ministry of Road Transport & Highways has reiterated the necessity of linking all vehicle data with VAHAN database to avoid harassment and inconvenience to citizens. This information should be available to citizens in electronic form also in m-Parivahan and e-Challan platforms for their convenience. In a letter to the Chief Secretaries of all the States and Union Territories, the Ministry ...

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Auto Industry posts lowest numbers in last two decades

cars

The decline in demand in the auto sector continues. The decrease in demand is at its lowest level in the last two decades. In such a situation, the people of the auto sector have demanded a reduction in the GST rate from the government. GST Council is scheduled to meet on 20 September. Recently, Minister of State for Finance Anurag ...

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Sensex recovers 162 pts; auto stocks cap gains

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A day after the massive plunge, the BSE benchmark Sensex on Wednesday recovered by nearly 162 points on emergence of buying mainly in metal and banking counters, but the gains were capped by auto stocks. Likewise, the NSE gauge Nifty rose 47 points to settle above the key 10,800-mark. After swinging 367 points in a highly volatile session, the 30-share ...

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The New BMW 7 Series Arrives in India

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The new BMW 7 Series was launched in India today. The much-awaited flagship car of BMW was unveiled at an exclusive pavilion specially constructed for the launch in India. Highest efficiency and maximum dynamics: Debut of a plug-in-hybrid variant for the first time. Grandeur meets presence: Authoritative and imposing new design. Luxury that arouses emotion: Bespoke interiors, unique comfort and ...

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Hyundai Motor India Organizes Mega Experience Service Camp

hyundai-elite-i20

Hyundai Motor India Ltd, India’s First Smart Mobility Solutions Provider and largest exporter since inception, today organized Mega ‘Experience Hyundai Camp’. Hyundai Motor India Ltd, India’s First Smart Mobility Solutions Provider and largest exporter since inception, today organized Mega ‘Experience Hyundai Camp’. The camp provides the customers a platform to experience brand Hyundai within their vicinity for all service-related needs, ...

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Promotion of Electric Vehicles

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In order to promote manufacturing of electric and hybrid vehicle (xEV) technology and to ensure sustainable growth of the same, the Government notified FAME-India Scheme (Phase-I) w.e.f. 1st April 2015 for a period of 2 years with a total outlay of Rs. 795 Crore. The Phase-I of the Scheme was extended from time to time and the last extension was ...

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All-New BMW S 1000 RR Launched in India

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BMW Motorrad has launched the all-new BMW S 1000 RR superbike today in India. The all-new BMW S 1000 RR will be available as a completely built-up unit (CBU) and can be booked at BMW Motorrad dealerships from today onwards. Thoroughbred among sport bikes – whether on the road or on the racing circuit. The superbike of superlatives – the ...

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Need a re-look at tax on hybrid vehicles in India: Toyota

toyota-Yaris

Hybrid vehicle sales in India are restricted by high taxation and unless it is reduced, volumes of such cars will remain low, a top official of Toyota Kirloskar Motor said. The company, which has been advocating technology agnostic approach towards popularisation of clean energy fuels, said under the current circumstances further investments on hybrid vehicles in India are not feasible. ...

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Hyndai Venue: Latest sub-compact SUV in India

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South Korean auto major Hyundai Tuesday forayed into high selling compact SUV segment in India with the launch of new model ‘Venue’, priced in the range of Rs 6.5-11.1 lakh (ex-showroom Delhi). Venue comes with three engine options — 1 litre turbo and 1.2 litre petrol powertrains besides 1.4 litre diesel engine — and sits below the Creta in terms ...

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