The action comes several months after the ministry instructed 13 companies to reimburse improperly claimed subsidies
The new unit, which will commence production by 2026, will have an annual capacity of 1 lakh units in two shifts
Slack festive season sales throw a spanner in the throttle
Electric premium buses will be exempt from licence fees
EV policy supports state's 'clear vision' for sustainable growth, he says
The new 'Sound' variants will be offered in four colour options, which include Lava Blue, Carbon Steel Grey, Wild Cherry Red, and Rising Blue
Buoyed by improving highway infrastructure, demand for buses has grown by more than 35%. Overcrowded trains are also adding to the growing road-based transport
VECV's Eicher unit witnessed a 15 per cent year-on-year growth in sales, reaching 36,178 units in the first half of the current financial year
The industry is expected to grow over the next few years with the economy slated to cross the $5 trillion mark, he noted
The new iteration of Renault Duster is expected to be released across the world. The French giant is expected to launch the car on November 29, 2023
Based on the lower GX variant, the Limited edition Innova Hyrcoss misses out on the more fuel-efficient hybrid engine option
An industry source added that the sector fears lower sales in November and December
Driven by brisk sales throughout the year, the luxury car industry in India is hopeful of achieving its best-ever performance this year
Kim said the automaker is working towards enhancing its cumulative annual production capacity to 1 mn units from the current capacity of 820,000 units
HMIL also reiterated its plans to invest around Rs 20,000 crore strategically towards building an electric vehicle (EV) ecosystem in India
The engines could run improperly or stall while being driven, increasing the risk of a fire, crash or injury
Marking the inauguration of the outlet, company officials handed over the keys of an Isuzu D-MAX pickup to the first customer on Friday, a press release said
Japanese auto major Honda is all set to introduce its India-made mid-sized SUV Elevate in the Japanese market next year.
It gets a 2.5-litre petrol hybrid engine that returns 225 HP. The car also gets an all-wheel drive variant which gets an additional motor generator that produces a little more power at 232 HP
Driven by consumer demand, automobile companies sold 1.14 million vehicles, averaging nearly 13,000 units daily