But there are fears that any reform could be reduced to tweaking because the tax is so lucrative.
Passenger vehicle dispatches from factories to dealers in India fell 8 per cent in January, mainly due to semiconductor shortage, auto industry body SIAM said on Friday. The total passenger vehicle wholesales dropped to 254,287 units in January 2022 as compared to 276,554 units in the same month of last year. Last month, passenger car dispatches stood at 126,693 units as compared to 153,244 units in the year-ago period. Similarly, van dispatches declined to 10,632 units in the period under review from 11,816 units in January 2021.
A record number of 85 products will be launched.
The vehicle will compete with the likes of Toyota's Innova, Maruti's Ertiga.
The country's leading automobile show, the Auto Expo, which was scheduled to take place in February next year at Greater Noida, has been postponed due to the COVID-19 situation and apprehensions of a possible third wave, industry body SIAM said on Monday. The last edition of the biennial automobile show took place in February 2020. "The magnitude of the risk of spread of infection is extremely high in a business-to-consumer (B2C) show like the Auto Expo which is visited by large crowds and maintaining social distancing would be difficult.
HCIL will voluntarily replace airbag inflators of 2,23,578 vehicles of previous generations of CR-V, Civic, City and Jazz.
Just two days before Congress leader Rahul Gandhi-led Bharat Jodo Yatra is scheduled to reach Jammu, two back-to-back explosions rocked a busy locality on the outskirts of the city on Saturday, leaving nine people injured, officials said.
The exercise is in keeping with SIAM's voluntary code on vehicle recall
New participants included Chinese players such as Great Wall Motors and Haima Automobile along with Olectra.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
The contractual workers at Halol were severed by 2016 as the contracts were not renewed, while the permanent workers were offered a separation package in the form of a voluntary retirement scheme
Additional Advocate General for Uttar Pradesh Garima Prashad told a bench of Justice Surya Kant and Justice J K Maheshwari that the crime is grave.
The rate cut would mean actual gains for vehicle buyers only when banks pass on benefits.
Around 625 workers have been fasting since Monday; no disruption of production at the plant
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
A number of companies, including Maruti Suzuki, Renault and Nissan, are giving gold coins to buyers who book cars by the month-end. There are other benefits as well, reports Ajay Modi.
The compact sleek car with no grille features a roof that is a panoramic pane of glass from front to back.
Ford Motor Co plans to triple exports from India.
Maruti Suzuki India Limited (MSIL), the country's largest car maker, has initiated a service campaign to inspect a probable fault and replace a part of the clutch operation system in the Ciaz, its mid-size sedan.
Uttar Pradesh police on Tuesday arrested Shrikant Tyagi, who was recently seen in a viral video assaulting and abusing a woman at Grand Omaxe in Noida's Sector 93 and was on the run ever since.
The $100-billion SAIC would have a dedicated manufacturing facility in India, and would be the first Chinese automaker to do so.
Hyundai Motor India Ltd (HMIL) on Thursday said it will hike prices by up to Rs 20,000 across models, except the newly launched compact car Grand i10, from October 1 to offset the impact of rupee depreciation and rising input costs.
The activist Birinchi Bora drove into the venue of the street play dramatically in a motorcycle with another actor dressed as Goddess Parvati for their play on Saturday which had several Hindutva outfits up in arms demanding their arrest.
Car makers are trying hard to boost sales in India.
Besides job loss, the exit of the American cult bike maker would also lead to a loss of up to Rs 130 crore for the brand's dealer partners in the country.
'Only if the Budget springs some surprises we may see a halt in the selling.'
As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches and localisation.
Commercial vehicles however declined by 2.83%
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
Apart from a pavilion of vintage cars, there will be a Bollywood corner
Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
The top court also asked the Uttar Pradesh government, which opposed the bail plea of Ashish Mishra terming the offence as 'grave', to file an affidavit with regard to the status of the second case filed over the killing of three occupants of the SUV, which allegedly mowed down the farmers.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Passenger vehicle wholesales in India increased by 12.73 per cent to 285,367 units in November as against 253,139 units in the same month last year riding on the back of festive demand, auto industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales rose 13.43 per cent to 16,00,379 units, compared with 14,10,939 units in the same month last year.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
Vaishnaw said that the actual reason behind the accident could be ascertained only after dismantling the engine's equipment.
In April, MSI had recalled 1,03,311 units of its popular models -- Ertiga, Swift and DZire -- manufactured between November 12, 2013 and February 4, 2014 to replace faulty fuel filler neck.
The company will upgrade software in airbag control unit.
Bumper-to-bumper insurance cover for new vehicles will not be mandatory as suggested by the Madras high court in its order last month. Instead, the decision to make it mandatory or not will be left to the legislators and the parliament. On Monday, the court decided to modify its order, which had said that whenever a new vehicle is sold after 1.9.2021, it is mandatory for coverage of bumper-to-bumper insurance every year, in addition to covering the driver, passengers, and owner of the vehicle, for a period of five years.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
