News

A Donkey Being Sold As A Car!

April 3, 2012

If you think you know about the global automotive scenario, think again, you might be in for a big surprise! The automotive industry scenario is in a pathetic state in the country of Greece where due to the wave of recession, consumers are not at all willing to invest in purchasing a vehicle. All the [...]

Read the full article →

Corporate Buyers To Pay More Tax On Cars

March 31, 2012

The Budget 2012 brought along with it the hike in excise duty on vehicles from 10% to 12%, a move that was not seen as a positive one from perspective of growth of the Indian automotive market. In addition to this the state of Maharashtra has proposed an increase in the Motor Vehicle Tax (MVT) [...]

Read the full article →

Now You Can Experience Buddh With Your Own Vehicle

March 31, 2012

The opening of the first Formula1 track and the successful event of the first ever Airtel Grand Prix racing last year was a major step for India into the world of motorsports. The entire F1 organization and the different teams appreciated the effort that went behind the management of the first Formula1 race in India. [...]

Read the full article →

Goa Reduces VAT On Petrol Resulting In Rs 55 Petrol Cost

March 29, 2012

The Chief Minister of Goa, Mr. Manohar Parrikar proposed a total reduction of 11% in VAT (Value Added Tax) on petrol when he announced the state budget recently. In Panjim, the cost of petrol is Rs. 65.61 per litre. With the announcement of the reduction in VAT, the petrol price will come down to Rs. [...]

Read the full article →

50% Cars Sold In India Are Powered By Diesel

March 28, 2012

With rising global oil prices, the difference between petrol and diesel prices is definitely going to pinch the common man. With diesel having a good price advantage over petrol, more and more consumers are turning towards diesel powered cars in spite of the diesel cars being costlier initially. This growing shift in the consumer preference [...]

Read the full article →

Car Makers To Go Ahead With Diesel Investments

March 23, 2012

The much awaited Budget 2012 is finally out and in an interesting revelation, the diesel cars have been spared any extra hike in duty or hike in fuel prices thus creating a sense of relief among many Indian automotive customers. Contrary to strong speculations of the Govt mulling over increasing the duty on diesel vehicles [...]

Read the full article →

Entry Level Petrol Cars Outsell Diesel Cars

March 23, 2012

Diesel based powertrains may be the buzzword among buyers in recent times due to low running costs but it’s the gasoline powered vehicles that are currently making the headlines in the Indian automotive industry now. Entry level gasoline cars like the Tata Nano, Hyundai Eon and Maruti Suzuki Alto are currently making the industry trend [...]

Read the full article →

Motor Insurance Premium Hike From 1st April

March 22, 2012

If you own a vehicle, then you would definitely be paying some premium towards the insurance of your vehicle. Well, come 1st April, be prepared to shelve out more towards motor insurance premium as the insurance companies hike the premium by 15 to 20%. Some industry experts say that such a hike comes in the [...]

Read the full article →

Excise Tax Pushes Prices Higher

March 21, 2012

Car buyers across India have started to notice increased prices as a result of the excise tax hike that is currently being implemented. The hike, applicable to most domestically-manufactured goods, pushes to 12% the levy applied to new cars. The previous excise tax rate was 10%. Excise Tax Pushes Prices Higher

Read the full article →

Electric Vehicles To Get Expensive Post Budget

March 20, 2012

The 2012-13 Union Budget has been outright disappointing from the consumer point of view. Not only has the Government increased excise duty on all cars but it has indirectly increased prices on electric and hybrid vehicles as well. First the good bit. Lithium Ion batteries and other parts which are used in electric and hybrid [...]

Read the full article →

← Previous Entries

Next Entries →