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Honda Shine available with limited-period cashback offer in India

By:: AUTONEXA
Feb 27, 2023

Honda Motorcycle and Scooter India have announced a limited time offer for its commuter motorcycle, the Shine in our market. Under this offer, Honda is offering the motorcycle with a low down payment starting at Rs 3,999. The company has also announced a rate of interest starting from 7.99 percent a...

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Automakers hit a domestic value calculation speed bump on way to Rs 25,938-crore PLI scheme benefits

By:: AUTONEXA
Feb 27, 2023

People familiar with the matter said most automakers that qualified for the PLI scheme have not yet certified their models to receive sops because they cannot provide all the details the gove<br>ment seeks. These firms are conce<br>ed that they will not be able to receive Sops under the Rs 25,938 c...

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Uber says Delhi's plans to allow only electric bike taxis to impact millions

By:: AUTONEXA
Feb 27, 2023

BENGALURU: Uber Technologies Inc said on Friday that local gove<br>ment plans in the Indian city of Delhi to allow only electric cars to function as bicycle taxis would risk " finishing off the sector" and affecting the mobility needs of millions. The Business2Business reported earlier this week th...

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Tata Nexon, Harrier, Safari Red Dark Editions Launched In India

By:: AUTONEXA
Feb 24, 2023

Tata Motors has launched the new range of Red Dark edition range of the Nexon, Harrier and Safari in India. The company has also announced the prices of the updated Harrier and Safari models, priced at Rs 15.00 lakh and Rs 15.65 lakh (ex-showroom, India), respectively. Models Model Sta...

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Volkswagen to revisit India amid China geopolitical uncertainty

By:: AUTONEXA
Feb 24, 2023

Europe's largest automaker is taking a closer look at India - again. Volkswagen wants to remain a strong player in Europe and China but faced with intensifying geopolitical tensions and an increasingly complex regulatory environment, the German automaker is looking beyond the United States for marke...

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CarTrade Tech launches CarTrade Ventures for strategic acquisitions and investments

By:: AUTONEXA
Feb 24, 2023

Launch of CarTrade Tech Ltd. A leading automotive platform, has launched CarTrade Ventures, to invest up to INR 750 crore in 5-7 years to strategically acquire and invest in companies in the automotive space. The company said the goal is to enter a new products&nbsp;and technologies to the existing ...

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5 reasons why upcoming new Hyundai Verna 2023 could become best-selling mid-size sedan in India

By:: AUTONEXA
Feb 23, 2023

Hyundai Motor India Ltd. Revealed (HMIL) recently revealed some official renderings of the new generation Ve<br>a, confirming that the launch will start on March 21. The company also started&nbsp;accepting bookings&nbsp;for the updated sedan ahead of its debut. However, we already know that the 2023...

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Semiconductor manufacturing to start very soon in India: IT secretary

By:: AUTONEXA
Feb 23, 2023

New Delhi: Electronics and IT secretary Alkesh Kumar Sharma said on Tuesday that semiconductor production in the country will start very soon. He was responding&nbsp;to a query about the Energy Efficiency Ministry (EESL) Limited company, the problem of deficiency in electronic paints of chips and pr...

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