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New Delhi, May 31 French auto major Renault on Wednesday said it has crossed the 9 lakh units milestone in cumulative sales in India in the last 11 years. The company, which started selling its made-in-India vehicles from 2012, currently sells entry level car Kwid, compact SUV Kiger and multipurpose vehicle Triber. “India is a […]
New Delhi, May 29 MG Motor India on Monday said it has introduced a new edition of its premium sports utility vehicle Gloster with the price starting at Rs 40.29 lakh (ex-showroom). The Blackstorm edition comes with Level-1 ADAS (advanced driver-assistance system). “The MG Gloster represents a timeless symbol of comfort, luxury, and modern technology. […]
Vadodara, May 29, 2023 – Wardwizard Innovations & Mobility Ltd., a leading Indian manufacturer of electric two-wheelers under the brand ‘Joy e-bike,’ has embarked on a transformative journey to empower ‘Agniveers’ and other retired army officers. In a significant move, the company has signed a memorandum of understanding (MoU) with the Dogra Regiment and established […]
New Delhi, May 26: British luxury carmaker McLaren Automotive on Friday said it has launched hybrid sports car Artura in India with price starting at Rs 5.1 crore (ex-showroom). The company produces the cars at its UK-based facility and then ships the units to various locations, including India. The price of the car varies on […]
In a big relief to cab aggregator Rapido, the Delhi High Court on Friday stayed the public notice and show cause notice issued by the Delhi Transport Department against continuing their operations. A division bench comprising Justices Suresh Kumar Kait and Neena Bansal Krishna also directed the Transport Department to not take any coercive steps […]
New Delhi, May 23 The government has reduced the subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023. The Heavy Industries Ministry notified the changes. For electric two-wheelers, the demand incentive will be Rs 10,000 per kWh. The cap […]
New Delhi, May 23 Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time. Startup players in the electric mobility space, however, welcomed the government’s decision saying it was […]
Bike taxis have emerged as a popular and convenient mode of transportation in Tamil Nadu, providing swift and affordable travel options for residents. However, recent incidents have shed light on a disturbing pattern of violence and intimidation against Rapido bike taxi riders by auto unions in Coimbatore. These distressing events, captured on video and shared […]
New Delhi, May 18: Automobile dealers’ body FADA on Thursday sought a cut in GST on two-wheelers from 28 per cent to 18 per cent, saying the segment being essential for millions should not be categorised as luxury item. The industry body said it has appealed to the finance minister, chair of the GST Council, […]
New Delhi, May 18: Aided by robust sales, revenues of domestic automobile dealership industry are expected to grow by 11-13 per cent in the current fiscal, rating firm Icra said on Thursday. The revenue growth this fiscal will be aided by expected 6-9 per cent volume growth and an increase in vehicle prices during the […]