Auto companies have proposed a one-time incentive in the form of rebate in taxes for replacing pre-2000 registered vehicles to facilitate taking them off the roads, industry sources said.
Czech motorcycle brand Jawa, which re-entered the Indian market last month with the introduction of three models, Saturday announced the launch of its first two dealerships in the country in Pune.
Tesla Inc (TSLA.O) has cut prices on its Model S and Model X vehicles in China after Beijing suspended additional tariffs on U.S.-made cars.
Italian superbike maker Ducati announced its foray into pre-ownned market in India through its Ducati Approved programme.
Volkswagen (VOWG_p.DE), Renault (RENA.PA) and Fiat Chrysler (FCHA.MI) led an 8.1 percent decline in European car sales in November, the main regional industry body said, as the introduction of tougher new emissions tests continued to weigh on demand.
Auto major Honda Cars India Friday said it will increase prices of its entire model range from next month in order to partially offset the impact of rising input costs.
The Supreme Court today rejected all pleas seeking probes in the $8 billion Rafale fighter net deal with French company Dassault. The court said that it does not doubt the decision making in the Rafale deal.
TVS Motor Company said announced the launch of three new products -- super-premium motorcycle TVS Apache RR 310, 125cc scooter TVS NTORQ 125 and motorcycle TVS Apache RTR 160 4V -- in the Peru market.
Automobile manufacturers, Tata Motors, Ford India and Nissan India Thursday announced plans to hike prices of their passenger vehicles from next month to partially offset the impact of rising input costs.