Mahindra offers customers India’s first one-stop solution for vehicle scrapping

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

Pvt vehicles have 20 years, CVs 15 years for deregistration

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

Indian Auto Industry starts 2021 with negative January sales

The year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

Indian Auto Component Industry de-grows 11.7 per cent in FY 2019-20

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Automobile market has not responded till now to FM’s incentives, says SIAM President

The Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera has said in a press release that the sales report coming out from various companies for the month of August 2019 has been very dismal wit...

56th SIAM Annual Convention debates ‘Building the Nation, Responsibly’

Based upon the theme of ‘Building the Nation, Responsibly’, the Society of Indian Automobile Manufacturers (SIAM) held its 56th Annual Convention. Union Minister of Heavy Industries and Public Enterprises Anant G Ge...

Mahindra Intertrade,  MSTC Ltd. JV agreement for auto shredding facility

Mahindra Intertrade Ltd., a part of the Mahindra Partners Division of Mahindra Group, and MSTC Ltd. (a Government of India enterprise) have signed a formal joint venture agreement to set-up India’s first-of-its-kind...

Mahindra Intertrade, MSTC Ltd. sign MoU to set up India’s first auto shredding facility

Mahindra Intertrade Ltd., a wholly owned subsidiary of the Mahindra Group, has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corpor...

Auto Industry is a soft target; SC ban order unfortunate

The Society of Indian Automobile Manufacturers (SIAM) has laid out a series of facts and observations that clearly proves that by banning diesel cars with engine capacities of 2000cc through the December 16, 2015 or...

Only Rs 30,000 for your ten-year old diesel car? Nah!!!

Your ten your old diesel vehicle, whether it is a BMW, Audi, Mercedes-Benz or a Maruti Suzuki or Hyundai car, could fetch you a financial incentive of maybe up to Rs 30,000 in case you are staying in the National Ca...




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