The government has announced a graded duty revision on cars, as part of the GST (Goods & Service Tax) council’s rate revision. As part of this graded increase, an additional cess of 2% has been levied on mid-size c...
The Union Cabinet chaired by Prime Minister Narendra Modi cleared an ordinance to increase the cess on mid-size, large cars, luxury cars and SUVs from current 15% to 25% under the new GST regime. The cabinet gave it...
Mercedes-Benz India has categorically stated that the decision of the Goods and Services Tax Council to raise the cess on luxury cars from the current level of 15pc to 25pc will be a strong deterrent to the growth o...
Barely a few days after Finance Minister P Chidambaram announced an excise duty reduction in the Interim Budget 2014, vehicles makers across the country have announced price cuts of their model range. In the Interim...
The Society of Indian Automobile Manufacturers (SIAM) has asked Government to reduce the differentia
The Annual Budget 2012-13 has been tabled in the parliament and is widely believed to move and shake
If you look at hybrid and zero-emission vehicles, the cost equation is not there as compared to conventional vehicles. To be more precise, the value proposition is not there in such non-polluting vehicles. So if I p...
Marelli, a global mobility technology supplier to the automotive sector, announces the launch of its new generation Port Fuel Injection Engine Control Units (PFI ECUs) dedicated to gasoline, flex fuel...
Chiltier, a wearable climate technology company, has announced the launch of its much-anticipated Hydro Vest, a thermoelectric personal cooling and heating system. The vest has been designed to help u...
Apollo Tyres Ltd has formally inaugurated its state-of-the-art dedicated outdoor tyre testing facility at Ivalo, Finland. The setting up of this facility was announced few months back and it became fu...