What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
India will have 30 per cent of its two-wheeler industry turning electric by 2030 as new manufacturers lead the shift, said a report on Monday. Passenger vehicles will be 15 per cent electric and the three-wheeler segment 75 per cent electric by 2030, said the report by BNP Paribas called 'India Autos-Electric vehicles: Minutes to midnight'. "We see FY22 as the year of inflection for the two-wheeler EV industry, with an accelerated EV adoption helped by incentives, wider availability, model launches, rise in crude prices and improved general awareness. We see 30 per cent of the 2W industry turning electric by 2030; the pace of incentive withdrawal presents an upside/downside risk," the report (India Autos - Electric vehicles: Minutes to midnight) said.
Indian tennis icon Leander Paes on Monday said he is eyeing a French Open comeback this year in his quest to make a record eighth appearance at the Tokyo Olympics later this year.
Twitter "took extraordinary steps to suppress" The New York Post's Hunter Biden laptop story, removing links and posting warnings that it may be "unsafe."
"With the death of RK, the outlawed CPI (Maoist) has lost its three central committee members and as many other senior cadres in the last two years. These deaths would certainly deplete the strength of the Naxal movement which has been losing its ground. Security forces would make an all-out attempt to soon bring an end to the five-decade-long mindless violence by ultras in the region," Inspector General of Police (Bastar range) Sundarraj P said.
A car museum owner in the city of Hyderabad has made a car, which looks like the coronavirus to spread awareness among the people about the fatal infection.
The X4 offers an imposing presence that you cannot miss even in a crowd of other cars, says Pavan Lall.
To ensure seamless settlement of funds and convenience to investors, Sebi on Thursday said stock brokers should maintain current accounts in appropriate number of banks for holding clients' funds. The clarification comes after Sebi received representations regarding the issue being faced by stock brokers. They requested the regulator to issue instructions in respect of maintenance of current accounts in multiple banks.
Bihar youngster Sakibul Gani smashed an astounding 341 in the Ranji Trophy Plate Group match against Mizoram in Kolkata on Friday to break the world record for the highest individual score on first-class debut.
They're sexy, powerful, irresistible and very, very expensive.
One fan has got a mural painted on the wall of his home in Dalgaty Lane as a mark of tribute. And little wonder, it is slowly turning into a tourist destination.
Among Indian cars Vizag-based Stephen Panchigalla clocked 13.366s in his Skoda Octavia in the same J Class, which was run jointly for both Foreign and Indian cars, to ended up as the 'Fastest Indian Car.' Of the day.
The Interceptor 650 and Continental GT 650 have been game changers in the upper part of the mid-size segment, with compelling style and highway capability.
These bikes were all the craze on Day 1 of Auto Expo 2018's media exclusive.
From shining in age-group and league cricket in Chennai to a breakout season in Tamil Nadu Premier League (TNPL) before being fast-tracked into the state white-ball teams, things have moved rather swiftly for B Sai Sudharsan as he broke into the IPL.
While the chair car fares are 1.5 times the base price of Shatabdi trains running the same distance, the executive class fares are 1.4 times that of the base fare of first class air conditioned seating in the premium train
Two-wheeler sales, however, declined 21.4 per cent to 14,13,378 units last month, as compared to 17,98,201 units in November 2019. Commercial vehicle sales also slipped 31.22 per cent to 50,113 units, as against 72,863 units a year ago. Similarly, three-wheeler sales fell 64.98 per cent to 24,185 units last month, from 69,056 units in the year-ago period. Tractor sales, however, grew by 8.47 per cent to 49,313 units last month, against 45,462 units in the same month last year.
It's the first time in its 178-year-old history that the iconic British motorcycle firm owned by the Bloor family has got into an alliance. Three years after announcement, the two companies formally signed on the dotted lines on Friday for a long-term partnership, which aims to achieve global scale in a segment in which Royal Enfield has head-start.
The Virtus is indeed designed to look, act and behave like a well-built European sedan that swims in the segment between the compact sedan VW Vento and the larger Passat, says Pavan Lall.
The no-equity partnership will develop a range of mid-capacity 250-750cc motorcycles.
These bikes are a good mixture of style, mileage, performance and affordability, says Rajesh Alva.
Rediff.com's Hitesh Harisinghani visited Auto Expo 2018 and returned with pics of these rare beauties.
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
The dominance of Saurashtra's bowlers could be gauged from the fact that Himachal lost their first seven wickets for just 22 runs.
A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy.
Insurance of vehicle, including cars and bikes, will become costlier from April 1 as insurance regulator Irdai has decided to increase premiums by up to 40 per cent from the next fiscal.
Besides being budget-oriented these cars also offer fantastic performance and mileage.
To compete with mass commuter bikes like the Discover and Honda CB Shine, Yamaha has launched 125cc Saluto
Will syringe shortage puncture India's Covid vaccine plans?
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
The two-wheeler sector has been underperforming its peers on the volumes front for over five quarters now. Even in the March quarter, Bajaj Auto and Hero MotoCorp posted a 17-24 per cent YoY decline in volumes, the sharpest in the listed auto universe. The ongoing impact of frequent price hikes, all-time high fuel prices, and muted rural sentiment has led to the lacklustre showing by two-wheeler makers. What has aggravated the situation for two-wheeler companies, which get almost all their sales from the internal combustion engine or ICE-based units, is the traction for electric two-wheelers (EV).
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'
A galaxy of sports stars including currnet India captain Virat Kohli and the legendary Sunil Gavaskar will help raise funds for the underprivileged children battling cancer, on November 18.
The growth momentum that started during the festival season is likely to sustain in the new year, reports Arindam Majumder.
The Yamaha YZF R15 v3.0 has a 155 cc single cylinder, liquid-cooled engine in place of the older 149 cc engine.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Rajesh Alva reviews the latest addition to the KTM stable.
John Surtees, the only man to win world championships on two wheels and four, died on Friday at the age of 83, his family said in a statement.
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