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...
Dec 19, 2022
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, ...
Dec 19, 2022
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 ...
Dec 16, 2022
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...
Dec 16, 2022
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...
Dec 13, 2022
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...
Dec 13, 2022
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...
Dec 12, 2022
- 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...
Dec 8, 2022
Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. The launch of two EVs with prices ranging between 1.7 million baht to 2.5 million baht (48,447 to 71,205 dollars)...