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PENALTY FOR AUTOMOBILE MANUFACTURERS
CAFE-3 draft eases emission norms, nudges automakers toward EV and hybrid shiftNew emission rules for vehicles will be implemented in 2027. The Bureau of Energy Efficiency has eased some targets for smaller cars. Manuf...
India may take middle path for car companies under CAFE III: What it means for small and large playersIndia's upcoming CAFE III standards will likely balance the auto industry by imposing stricter fuel efficiency goals on large carmakers whi...
Auto industry lobbying spurs revision of India’s CAFE normsIndia is on the brink of introducing new Corporate Average Fuel Efficiency regulations that could eliminate exemptions previously granted t...
GST Rationalisation Turns: India's demand engine revives as consumption picks upIndia's economy is showing strong recovery signs. Auto sales and daily consumer goods demand are rising. This revival is seen across urban ...
Bajaj Auto gets tax demand of Rs 34.74 croreBajaj Auto has received a tax demand of Rs 34.74 crore and a penalty of Rs 3.47 crore from Uttarakhand tax authorities for alleged misclass...
US tariff same for all nations, auto parts cos in safe zoneSenior industry executives believe the new US tariffs and penalties are unlikely to affect India's $7 billion auto parts exports to the US....
EV sales hit record in UK but still behind targetIn 2024, the UK car industry sold a record 382,000 battery electric vehicles, achieving 19.6% of new car sales but missing the government's...
Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breachHyundai Motor India denied reports of facing penalties for breaching fleet emission levels. The company clarified that the media reports we...
Key management personnel of Indian auto firms have poor understanding of compliance obligations: ReportKey management personnel in Indian automobile companies have a poor understanding of compliance obligations that can range from several hun...
How China beat everyone to be world leader in electric vehiclesChina, which has the largest charging network in the world, added 649,000 public chargers in 2022 alone, which is more than 70% of all inst...
How China beat everyone to be world leader in electric vehiclesChina's clear-car sales, including plug-in hybrids, reached 5.67 million last year. This number is over half of all global deliveries.
Key management personnel of Indian auto firms have poor understanding of compliance obligations: ReportMost executives were found to have very poor handle on the status of key compliances, dates, documentation and residual risk of non-complia...
Junk your old car and get about 5% rebate from automakers on new purchase, says GadkariThe voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 provides for fitness test after 20 years for personal vehi...
With polls round the corner, government stalls Rs 7,500-crore EV ‘Feebate’ planThe fee was also expected to dissuade people from buying petrol and diesel vehicles and opt for electric vehicles.
Automakers may face Rs 100 crore fine for violating safety rulesThe panel has agreed to framing strict and steeper penalties that include imprisonment for offences like driving by minors, crossing speed ...
China accuses US of hampering trade by imposing duties of up to 450 pc on Chinese steelIn Britain, Tata Steel cited low-cost Chinese competition when it announced plans last month to sell money-losing operations that employ 20...
Traffic violations may lead to instant suspension of driving licenceThe group of state transport ministers has approved a reform in the Motor Vehicles Act to enforce this and a provision for compulsory train...