Hyundai becomes 3rd largest carmaker, set to overtake Toyota, Volkswagen

The third largest automaker in the world is not from the US, Japan or Europe, at least not anymore. This is the South Korean company Hyundai Motor Co. While Toyota Motor Corp. and Volkswagen AG each year at the top of the global auto industry, Hyundai has quietly slipped in behind, surpassing ...

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GST On SUVs: Which Models Would Qualify For The Highest Rate Of Tax

Taxes make up a major chunk of new car prices when the time comes to buy. Vehicle taxes vary based on a variety of factors ranging from body style, engine under the hood, length, price, and more. In its most recent meeting, the GST council looked to provide some clarify which cars would qualify as S...

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Skoda Enyaq iV and Volkswagen ID.4 being considered for Indian launch

Skoda Auto Volkswagen India Group kicked off its India 2.0 project with the launch of the Skoda Kushaq in June 2021. Since then, the group has also launched three new models in two different body styles. However, the brand has yet to enter the EV space in the country. Now, in a recent announcement, ...

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Big News! Compact SUVs like Venue, Brezza, Sonet could get cheaper as GST rates revised

According to a recent official statement from the GST Council, it has been recommended that GST rates be reduced to 5 percent or nil for several items. One directive that stands out to Autonexa Auto readers is the GST tax rates currently imposed on SUVs. Current rates vary between 20 and 22 percent ...

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You may have to pay upto Rs 30,000 extra on Honda cars from January 2023

Japanese carmaker Honda said it is planning to raise prices for its entire model range from January 2023. According to the PTI news agency, the company may increase the price of its cars by as much as Rs 30,000 from January to partially offset the impact of higher input costs. and prepare products f...

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CSMIA launches 'FASTag Car Park' for seamless vehicle movement at Terminal 2

NEW DELHI – Mumbai's Chhatrapati Shivaji Maharaj Inteational Airport (CSMIA) has expanded its Multi-Level Car Parking (MLCP) with its FASTag solution. CSMIA offers this improvement in its parking system for all passengers, people who come to see off their families, people who come to the airp...

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Landmark Cars IPO: GMP, subscription status, other details. Apply or not?

Landmark Cars IPO: The Initial Public Offering (IPO) of Landmark Cars Limited will hit primary markets today and subscription to the public issuance will remain open to bidders till 15th December 2022. The auto dealership aims to raise Rs 552 crore from the public. An offer of which Rs 402 cror...

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Auto companies to face stiff fines over emissions - Autonexa

NEW DELHI: Car companies in India will have to cough up stiff penalties from April, as Parliament approved a new law mandating heavy fines on a company's annual domestic sales numbers for violation of the mandated Corporate Average Fuel Economy (CAFE) score. Penalties may run into thousands of cror...

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Maruti Suzuki Swift scores one star rating in Global NCAP crash test

- Maruti Swift scores 19.19 out of 34 points in Adult Occupancy Protection - The results for S-Presso, Ignis and Scorpio-N were also announced. Maruti Suzuki Swift eaed a one-star rating in the latest round of Global NCAP crash tests. The luxury hatchback was among several other models, such as th...

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