115 companies have applied for Rs 25,938 crore Production Linked Incentive (PLI) scheme for the automotive and auto component sector notified by the gove<br>ment in September last year. Of the applicants, there are 13 original equipment manufacturers (with the exception of 2W and 3W), 7 are 2W and ...
Jan 11, 2022
Ahmedabad: The Gujarat gove<br>ment announced on Monday that the owner can keep a registration number even after the car is sold or canceled, and can transfer it for a stipulated fee to a new vehicle purchased by him or her. Gujarat Transport Minister Pu<br>esh Modi has announced that such a system ...
Jan 10, 2022
The Skoda Kodiak 2022 Facelift was finally launched in India at a price of Rs 34.99 lakh (ex-showroom, All India). The SUV is back in the country after a hiatus of nearly two years; The Czech automaker stopped selling the Skoda Kodiaq SUV in India when the country switched to stricter BS6 emissions ...
Jan 10, 2022
Toyota Kirloskar Motor (TKM) announced last month that it would be increasing prices for its models effect from January 2022. The carmaker has now revealed quantum of the hike will be for models like Fortuner and Innova Crysta. Coming to the Toyota Innova Crysta, the brand's popular MPV has witness...
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Jan 7, 2022
Porsche India announced on Thursday the launch of two new models in the country. The luxury carmaker has launched its mid-engine sports car range: the 718 Cayman GTS 4.0 and the 718 Boxster GTS 4.0. While the former has been priced at ₹ 1,46,50,000 (Ex-Showroom), the latter costs ₹1,49,78,000 (E...
Jan 7, 2022
Tata Motors has revealed its plans to introduce its much-awaited CNG line in the country on January 19, 2022. Back in 2021, CNG test mules from Tiago, Tigor and Punch were spotted in the country. The CNG variants of Tiago and Tigor are believed to be the first to be introduced, while Punch could get...
Jan 6, 2022
Two-wheeler electric vehicle maker Hero Electric has partnered with the SpareIt platform to empower private garage owners and use its network as service centers for electric vehicles. As part of the collaboration, SpareIt will offer this garage as Private Garage Owners (PGO) for Hero Electric's B2B ...
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Jan 5, 2022
BMW AG said it beat Mercedes-Benz in global luxury car sales last year, the first time it has trumped its German arch rival since 2015. "Proudly claiming number one position in the global premium automotive segment for the BMW brand in 2021," wrote Peter Nota, BMW's head of sales, in a LinkedIn pos...