Lexus Will Operate Independently In India
Lexus is restructuring its operations in India; will operate independently from Toyota
Japanese luxury car manufacturer Lexus has announced that it will operate independently in...
Hyundai Plans Shifting Verna Production To India From Korea
Hyundai would use its Chennai plant as Verna’s production hub; will export to global markets from January 2018
Hyundai plans to shift the production of...
Automakers Fearing Sales Decline due To Higher Cess
Luxury cars and SUVs are about to be slapped with 53% tax incidence after the cess hike
Automakers present in the country are fearing a...
Driver Airbag And Reverse Parking Assist To Be Compulsory From April 2019
Mandatory safety features in india are driver airbag, speed warning system, seatbelt warning, reverse parking assist from April 2019 as per the government
Indian government...
BMW Beats Mercedes In Terms of Profit In H1 2017
BMW registered 5.58 billion Euros profit in first half of 2017; leaves behind Daimler and Volkswagen
German luxury auto giant BMW has beaten the Mercedes-Benz...
Uber Could Face Investigation In US Over Bribery Allegation
US Justice Department is probing whether the ride sharing startup bribed foreign officials
Ride hailing startup Uber is about to face investigation over the allegation...
Hurricane Harvey To Affect US Car Sales In August 2017
Around 3.66 lakh brand new vehicles are stranded in dealerships in flooded Texas; Harvey could dampen sales for next few months
Hurricane Harvey has created...
Cabinet Approves GST Cess Hike On Luxury Cars And SUVs
Pricing of luxury cars and large SUVs to be increased significantly; total tax incidence go up to 53%
The union cabinet has approved the proposal...