The Corona Virus outbreak in China has led to restrictions on movement of people and business activities in many provinces of China, in order to control the spread of virus. The closure of factories in China may affect Indian industries, which import components, intermediaries and raw materials from China like …
-- Honda's new zero-emission, hydrogen fuel cell car rolled off a Japanese production line Monday and is headed to Southern California, where Hollywood is already abuzz over the latest splash in green motoring. The FCX Clarity, which runs on hydrogen and electricity, emits only water and none of the noxious …
Vehicles above 1500-1999 cc face duty of Rs. 15,000 Those with 2000 cc and above will cost Rs. 20,000 more In a firm move to discourage fuel guzzlers on the road in the wake of rising fuel prices, the government on Friday imposed a stiff additional excise duty of about …
India has introduced a fuel-guzzler tax, making heavyweights of the road heavier on your pocket. Big cars will cost Rs 15,000-20,000 more with the Centre slapping an additional excise duty in what officials claimed was an attempt to discourage fuel consumption and emission. The levy, which will help the government …
Forms team to keep costs closer to the small car's sale price of Rs 1 lakh. Tata Motors may charge the losses on its small car Nano, the world's cheapest car at Rs 1 lakh, against the profit it earns from selling trucks, according to industry analysts. Chairman Ratan Tata …
Skyrocketing Prices Have Driven Vehicle Owners To Look At Alternatives Kumar Manish | TNN Ahmedabad: Car owners, who have felt the pinch of the fuel price hike the most, have started mulling options to switch over to cheaper fuel like compressed natural gas(CNG) or auto liquefied petroleum gas (LPG). With …
INGOLSTADT: As per international media reports, Audi A1 supermini is expected to go on sale in March 2010. The company's secret documents were leaked which has indicated that the car would be on sale in 2010. Also international media has reported Audi A1's new line-up of four-cylinder launch engines. The …
Companies May Lower Tags, Offer More Discounts To Offset Impact The hike in petrol, diesel prices will fuel a slowdown in the auto industry in the short-term, feel car majors like Maruti, Hyundai and Honda. And, it may spell good news for consumers in terms of lower prices and greater …
For prospective car buyers, there could be a silver lining in the steep fuel price increase announced on Wednesday. Carmakers, already reeling under the signs of a downturn in sales, may be forced to sweeten the discounts and freebies to pull customers to showrooms, reports Pankaj Doval. As companies complained …
Wilmington: General Motors Corp on Tuesday said it was closing four truck plants and could sell its Hummer brand to cut slow-selling trucks and SUVs from its lineup in response to higher gasoline prices the automaker now sees as a permanent threat to its business. CEO Rick Wagoner, speaking after …
Signs Long-Term Agreements With Ford For Future Support In Major Areas Tata Motors finally got the keys for Jaguar and Land Rover, the two British marques it acquired from Ford for $2.3-billion, and announced long-term partnership agreements with the US auto major for future support. The company, that earlier this …
Should private diesel cars be taxed more than petrol cars to neutralize the subsidy they get on retail fuel prices, originally kept low for benefiting commercial vehicle operations like public transport vehicles and goods carriers that have a direct bearing on inflation. Noted industrialist Vivek Bharatram has suggested the government …
At a time when most automakers in the country are hiking prices, Honda Siel Cars India said it is cutting rates of sedans by up to Rs 5,000 with effect from Sunday on account of the reduction in central sales tax. "We have received notification from the government on the …
Government is set to get tough to ensure road worthiness of commercial vehicles, including public transport buses, plying on the roads. Taking a serious view of the poor condition of many of the vehicles plying on the roads, the Government is set to come out with new automated inspection and …
Government should cut import duties on eco-friendly cars There's good news for the environmentally conscious. Honda will soon launch a hybrid version of its popular
AFTER a splendid run for most of last fiscal and in April, passenger car sales are decelerating as consumers apprehend a hike in petrol and diesel prices. With crude oil price hitting a record $133 per barrel and a fuel price hike looking imminent, Indian customers are postponing their car …
It Indicates India's Manufacturing Prowess BAJAJ Auto, Nissan and Renault have announced a three-way joint venture to produce a rival to Tata's Nano at a 2011 ex-factory price of $2,500, about Rs 1 lakh. This is yet another indication of India's rapidly improving manufacturing competence. The low share of manufacturing …
The state transport department is planning to phase out "old and unfit' autorickshaws and taxis and will soon be starting a campaign to cancel the permits of the old vehicles. Transport Commissioner, Shyamsunder Shinde said, "The transport department will soon start phasing out unfit autorickshaws and taxis from the city. …
Japanese carmaker Honda on Tuesday cautioned that high interest rates and inflation would impact car sales in India this financial year, though said premium segment would manage a double digit growth. The company, that rolled out its next-generation Accord sedan after the model was discontinued a few months back, said …
