Toyota Kirloskar Motor (TKM), has announced the commencement of three-shift operations at its manufacturing facility in Bidadi from the month of May, 2023 backed by the rising demand for its existing portfolio of products and its new launches in 2022. Three shift operations commencement is set to boost the plant’s production output by over 30%… Continue reading Toyota Kirloskar Motor ramps-up production with third shift operations
Category: US Motoring Press
FADA advocates for GST rate reduction on Two-Wheelers from 28% to 18% for a timely revitalisation of the segment
The Federation of Automobile Dealers Associations (FADA), the body of Automobile Retail in India, has submitted a critical representation to the GST Council, urging an immediate reduction in the GST rate on two-wheelers from the current 28% to 18%. This timely and decisive intervention is aimed at making two-wheelers more affordable, reviving demand, and reinvigorating… Continue reading FADA advocates for GST rate reduction on Two-Wheelers from 28% to 18% for a timely revitalisation of the segment
Revenues of domestic auto dealership industry to expand by 11-13% in FY24: ICRA
Following an estimated expansion of 27–30% in FY23, ICRA projects the revenues of the domestic automobile dealership industry to grow by 11–13% in FY24, aided by 6-9% volume growth and an increase in vehicle prices. Factors like improving consumer sentiments, as seen through a continued preference for personal mobility and rising disposable income, easing supply-side constraints,… Continue reading Revenues of domestic auto dealership industry to expand by 11-13% in FY24: ICRA
Government aims to increase outlay for e-2-wheelers under FAME II scheme: Report
The Heavy Industries Ministry aims to broaden the outlay for its e-2wheelers, which is presently at Rs 2,000 crore, in FAME II, and lower the subsidy on each vehicle, PTI reported. Currently, there is no proposal to extend the FAME II scheme further than March 2024 or bring in FAME III, an official told PTI, on condition of… Continue reading Government aims to increase outlay for e-2-wheelers under FAME II scheme: Report
Tesla spoke about battery manufacturing initiatives with government officials in India: Report
US automaker Tesla discussed with Indian officials, how it could be involved in domestic incentives in the country, pertaining to car and battery making, Reuters reported citing a person in the know. The company has proposed establishing a factory in the country for EVs, besides locally making batteries here, the source informed Reuters. This comes… Continue reading Tesla spoke about battery manufacturing initiatives with government officials in India: Report
Health check: Is China still on track to take over the car world?
Stepping out onto a street in China is always an assault on the senses: an ever-shifting cornucopia of unfamiliar sights, sounds and smells. Even in a city as relatively international as Shanghai, a 10-minute walk invariably leaves you feeling exhilarated, unclean and slightly unsettled. So after a three-year break from visiting – a period in… Continue reading Health check: Is China still on track to take over the car world?
Stellantis tells UK to rework Brexit deal for car plants to remain open: Report
Stellantis has called for a re-working of the Brexit deal, without which British car factories will have to shut down, according to Reuters. The automaker stated that in the present agreement, it would have to contend with tariffs upon the export of electric vans to Europe from the coming year when the post Brexit rules… Continue reading Stellantis tells UK to rework Brexit deal for car plants to remain open: Report
‘Bharat NCAP can afford to be more adventurous’: David Ward, Executive President, Towards Zero Foundation
The Bharat New Car Assessment Programme or BNCAP vehicle crash assessment protocol which has been proposed in India for several years but is yet to see its implementation in the market can afford to be more adventurous, as it is not a regulatory standard. That is the word coming in from David Ward, Executive President,… Continue reading ‘Bharat NCAP can afford to be more adventurous’: David Ward, Executive President, Towards Zero Foundation
Indian two-wheeler safety standards one of the most evolved in the world: Vinay Harney, TVS Motor
When it comes to safety features in two-wheelers, India has one of the most evolved standards globally, said Vinay Harney, President, New Product Development of TVS Motor. According to Harney, the onus of providing affordable and reliable safety features lies largely on the manufacturers, as Indian riding conditions are the most unique in the world.… Continue reading Indian two-wheeler safety standards one of the most evolved in the world: Vinay Harney, TVS Motor
Mini JCW 1to6 special edition is last ever manual Mini
The Mini John Cooper Works 1to6 has been revealed as the brand’s last ever manual car as it pushes forward with automatic gearboxes and electric powertrains. The £39,600 special edition – of which just 999 examples will be made, all in three-door format, 150 of them for the UK – ends 64 years of manual Minis. It has… Continue reading Mini JCW 1to6 special edition is last ever manual Mini