Skoda Auto Volkswagen India has been issued a notice by the government of India for supposedly evading USD 1.4 billion in taxes by ‘wilfully’ paying lesser import tax on parts for its Skoda, VW, and Audi cars, as per a document, making it one of the biggest demands of this nature, Reuters noted. A note… Continue reading Skoda Auto Volkswagen India slapped with USD 1.4 billion tax evasion notice: Report
Category: US Motoring Press
India to augment EV manufacturing incentives after Tesla disappoints: Report
India aims to enhance its EV incentives to auto companies working on models at existing factories in India, rather than limiting the advantages to auto firms that look to build new plants, a person in the know informed Reuters. The country’s EV policy, still in the finalisation stages, was tailored in a manner to facilitate… Continue reading India to augment EV manufacturing incentives after Tesla disappoints: Report
Ultraviolette opens new experience centre in Chennai
Ultraviolette has inaugurated its latest experience centre in Chennai, a step in the company’s South Indian expansion. Located on Mount Road, the UV Space Station is designed to provide customers in Tamil Nadu with an immersive experience, bringing the brand’s high-performance electric motorcycles closer to motorcycling enthusiasts. The new facility is Ultraviolette’s seventh experience centre… Continue reading Ultraviolette opens new experience centre in Chennai
Ultraviolette opens new experience centre in Chennai
Ultraviolette has inaugurated its latest experience centre in Chennai, a step in the company’s South Indian expansion. Located on Mount Road, the UV Space Station is designed to provide customers in Tamil Nadu with an immersive experience, bringing the brand’s high-performance electric motorcycles closer to motorcycling enthusiasts. The new facility is Ultraviolette’s seventh experience centre… Continue reading Ultraviolette opens new experience centre in Chennai
How China Became the World’s Largest Car Exporter
Source: Alix Partners Note: 2024 values are estimated. Just two decades ago, China had little capacity to make cars, and owning one was considered novel. Today, China produces and exports more cars than any other country in the world. President-elect Donald J. Trump has promised to impose new tariffs on China. Many countries, including the… Continue reading How China Became the World’s Largest Car Exporter
Volkswagen to Exit China’s Xinjiang Region After 12 Years
Volkswagen said on Wednesday that it was disposing of its ownership stakes in facilities in northwestern China’s Xinjiang region, exiting an area now known for the country’s crackdown on predominantly Muslim ethnic groups there. Volkswagen had a joint venture assembly plant in Urumqi, the capital of Xinjiang, as well as two test tracks in the… Continue reading Volkswagen to Exit China’s Xinjiang Region After 12 Years
Yulu partners with Electrie to launch shared electric mobility service in Kolkata
Shared electric mobility company Yulu launched its services in Kolkata, marking its first foray into eastern India through a franchise partner-led model. The initiative will be managed by Electrie, a venture founded by city-based industrialist Soham Misra. Electrie will operate Yulu’s DeX GR electric vehicles (EVs) and leverage its advanced technology platform in Kolkata’s Topsia,… Continue reading Yulu partners with Electrie to launch shared electric mobility service in Kolkata
BMW Motorrad India to increase prices across model range from January 2025
BMW Motorrad India announced a price increase of up to 2.5% across its entire range of motorcycles and scooters, effective January 1, 2025. The company attributed this price increase to rising input costs and inflationary pressures. According to the company, the revision will help sustain profitability while maintaining the brand’s commitment to quality, performance, and… Continue reading BMW Motorrad India to increase prices across model range from January 2025
Bharat Benz Torqshift tipper range wins bulk order for mining
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, has introduced its BharatBenz heavy-duty truck (HDT) range equipped with the globally acclaimed 12-speed Automated Manual Transmission (AMT) technology. The company has received a bulk order of 80 units for its 3532CM mining tippers from a single customer. BharatBenz expanded its product portfolio… Continue reading Bharat Benz Torqshift tipper range wins bulk order for mining
Lotus says ‘never say never’ to Emira hybrid as it slows all-EV plan
Lotus could electrify the Emira and extend its lifecycle as the brand moves to hybridise its line-up and pushes back the sports car’s long-awaited electric replacement. It’s responding to flagging uptake of electric luxury cars by reducing its sales volume ambitions over the coming years and introducing a new range-extender (REx) powertrain option in a bid to boost the… Continue reading Lotus says ‘never say never’ to Emira hybrid as it slows all-EV plan