Automobile Industry

Exports of petrol, diesel cars can continue, hints Nitin Gadkari

Exports of petrol, diesel cars can continue, hints Nitin Gadkari

The ministry has also cleared the electric vehicle policy for 100 per cent manufacturing of electric vehicles.

Sep 24, 2017, 20:34 PM IST
Volvo, Volkswagen ready to supply flex-fuel vehicles: Gadkari

Volvo, Volkswagen ready to supply flex-fuel vehicles: Gadkari

Gadkari said the project will be on a pilot basis initially, and could be replicated as there was immense potential for running vehicles on alternative fuel like methanol, ethanol and Bio CNG.

 

Jun 27, 2017, 19:07 PM IST
Anant Geete to take up lowering of GST rate on hybrids with FM Jaitley

Anant Geete to take up lowering of GST rate on hybrids with FM Jaitley

Union Heavy Industries Minister Anant Geete on Monday said he will take up the issue of lowering the 43 percent tax rate on hybrid vehicles under GST with Finance Minister Arun Jaitley.

Jun 12, 2017, 17:32 PM IST
India not yet ready for electric cars: Honda Cars India CEO

India not yet ready for electric cars: Honda Cars India CEO

Honda Cars on Friday said India is not yet ready to have electric cars in large numbers due to the lack of necessary infrastructure and affordability factor.

May 26, 2017, 18:56 PM IST
Demonetisation impact: Maruti bookings slump 20% in November

Demonetisation impact: Maruti bookings slump 20% in November

Country's largest carmaker Maruti Suzuki on Friday said bookings declined by 20 percent in November, compared to the same period last year, as cash crunch following scrapping of high-value notes led to fall in demand.

Dec 23, 2016, 18:19 PM IST
Automobile industry aims to create 6.5 crore jobs by 2026

Automobile industry aims to create 6.5 crore jobs by 2026

The Indian automobile sector aims to contribute over 12 percent to the gross domestic product of the country, and create nearly 6.5 crore additional jobs by 2026 over the next decade, said Kenichi Ayukawa, Managing Director and Chief Executive Officer of Maruti Suzuki India, on Wednesday.

Nov 16, 2016, 22:05 PM IST
Auto industry meets Revenue Secretary Hasmukh Adhia; cess, luxury car definition in focus

Auto industry meets Revenue Secretary Hasmukh Adhia; cess, luxury car definition in focus

The auto industry today discussed with Revenue Secretary Hasmukh Adhia, the rate of cess and definition of luxury cars under the GST regime, which is likely to kick in from April next.

Nov 07, 2016, 15:01 PM IST