SUVs, mid-sized, large and luxury cars that had become cheaper after GST rollout on July 1 will cost more as the GST Council last week approved a proposal to hike cess on them to 25 per cent, from 15 per cent now.
Volkswagen India had in December 2015 announced the recall of 3,23,700 lakh vehicles in India to fix the emission software after Automotive Research Association of India (ARAI) conducted tests on some models and found that their on-road emissions were 1.1 times to 2.6 times higher than the applicable BS-IV norms.
Energy Efficiency Service Ltd has floated a tender for procurement of 10,000 electric cars including complete system warranty under the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME) scheme of the ministry of new & renewable energy.
Adding one diesel SUV to the city fleet in Delhi-NCR is equal to adding 25 to 65 small petrol cars in terms of nitrogen oxide, a very harmful gas that also forms deadly ozone.
TVS Motor Company aims to increase annual production capacity across its three manufacturing plants in India from present 40 lakh units to 45 lakh units during the current fiscal.
Hero MotoCorp plans to launch a new 125 cc scooter in the fourth quarter of the ongoing fiscal, while two more new models will hit the market in 2018-19.
Honda Cars India says that the move to hike ceiling of cess on large cars and SUVs to 25 per cent is a "big disappointment" and it will "isolate India as a market with too much bias towards small cars".
Electric car maker Tesla is unlikely to open its base at the proposed JNPT SEZ, Union Transport Minister Nitin Gadkari has indicated. When asked if the Elon Musk-promoted, the US-based Tesla is coming to the proposed SEZ at JNPT which is the country's largest container port, Gadkari replied in the negative.
To augment highways infrastructure, projects involving investment of Rs 1 lakh crore were restructured in 2016-17 besides formulation of ambitious "Bharatmala" project and launch of "Sethu Samundram" schemes, the Economic Survey said today.
Mahindra and Mahindra group today said it will exit from its China joint venture for tractor business, Mahindra Yueda Yancheng Tractor Company, by selling entire stake for RMB 82 million (nearly Rs. 80 crore). The Indian conglomerate has plans to independently operate in China.
Rivigo founder and CEO Deepak Garg said the fresh order would help the company expand fleet size to over 2,700 vehicles.
According to data on fuel-wise sales percentage in domestic sales placed in Parliament, the percentage of diesel cars sold in India has been consistently declining since 2012-13.
A bench headed by Justice Madan B Lokur also asked the Ministry of Road Transport and Highways to ensure that all fuel refilling centres in the National Capital Region (NCR) have PUC centres.
Rahul Gandhi's office claims that the current fleet of armoured cars has no proper or adequate circulation/ ventilation or air in the passenger compartment.
Union Power Minister Piyush Goyal said that said that government is working on a road map to ensure all-electric car fleet in the country. Although hybrid cars have cut down the fuel consumption a little bit, India will promote electric vehicles because it is the future.
In the passenger vehicles category, global sales stood at 66,508 units last month as against 57,796 during the same period in 2016.
The bill aims at bringing radical reforms in the transport sector, ranging from hefty fines for traffic rules violations to improving the licensing system and checking bogus licenses.
Motor insurance premium in future may be determined through black box-based real-time monitoring of driving habits, vehicle usage and even distances covered, as per a proposal mooted by regulator Irda.
German carmakers offered to cut emissions by updating the software of 5 million diesel cars in an attempt to avoid vehicle bans, Germany's auto industry association VDA said.
Within hours of introducing a new system that will lead to automatic suspension of driving license for frequent traffic violations, Hyderabad police booked over 1,000 cases and awarded penalty points. "We have started awarding penalty points for violators as part of 'Penalty Point System'
