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Rise in petrol price boost demand for diesel driven premium cars and SUVs
Recent reports suggests that major car manufacturing companies dealing in SUVs and high-end diesel cars in India witnessed good sale figures of their diesel cars, primarily could be due to recent incr
Bosch to do a whopping investment of $557 Million in India
The German engineering firm, Robert Bosch GmbH told the media that this collaboration will be investing a whopping amount of $557 million or Rs. 25 million by the month of December 2013 for establishi
Government to impose additional excise duty on diesel cars
As per recent reports, Indian Finance Ministry is currently discussing on the measures to collect duty so as to assist loss-making oil marketing companies. It is expected that once the debate is over,
Zero Depreciation Car Insurance cover big hit in India
High depreciation percent on cars have made Zero Depreciation insurance covers or 'zero dep' policies a hit in India recently. The zero dip policy is primarily popular in the mid and top-segment luxur
Dubai's Rostamani Group on an expansion spree in India
The Dubai based AW Rostamani (AWR) Group that has recently got the dealership for Honda Cars in India plans to expand its business in India. Currently in the automotive, real estate, interior design a
Most successful car launches of 2010
Year 2010 has been a great year for cars in India. During the year we saw some launches that added much flavor to the Indian automotive industry. Meanwhile, during the period the economy also grew con
Used cars in India emerging as a potential business
Buying or owning a new car has become costly for the common man in India who now thinks of buying a used car instead. Thanks to rising fuel prices, increased duties and higher interest rates. All thes
Committee suggests tax hike on diesel cars
This may be a bad news for those going for a diesel car, but it is certainly good news for the environment. The Indian economy may be achieving new heights and may target 9 percent growth rate, but ha
Mr. Praful Patel stands by Automobile Industry against New Custom Duty norms
Acting as much required relief factor for auto industry, Praful Patel, Heavy Industries and Public Enterprises Minister said that his ministry has asked the Finance Ministry to grant two years' time s
JLR and Tata Motors assigned high-end ratings by Fitch
According to the recent updates in automobile industry, India based Tata Motors Ltd (TML) and its subsidiary - UK based automobile giant Jaguar Land Rover Plc (JLR) acquired the Long-term Foreign Curr
Diesel Cars ready to take over the Market in 2013
With the ever increasing petrol prices, it shouldn’t come as a surprise that people are getting more fascinated towards diesel cars. The use of latest technology, diesel cars have become much more ref
Mercedes, BMW, Renault, Audi, Land Rover cars to get dearer
It’s a bit of depressing news for those who plan to lose their wallet this season for buying luxurious cars due to their increased prices following increased tax rates on domestically assembled cars.
Triumph for Car Dealers on Akshaya Tritiya
In Hyderabad, on the auspicious occasion of Akshaya Tritiya on Friday, it was not only gold that was the hottest thing in the Indian market, but even cars were being sold in huge amount on this prospe
Proton to drive into Indian auto market
According to group managing director, Dato’ Haji Syed Zainal Abidin Syed Mohamed Tahir, Proton, the Malaysian auto giant, hopes to get into Indian markets. The company is mulling to foray into the dom
Goodyear Reports Record Sales, Higher Earnings for First Quarter
The Goodyear Tire & Rubber Company today reported higher tire unit volumes, record sales and higher earnings for the first quarter of 2011.“I am very pleased with our outstanding first quarter results
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