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VEHICLE PRICE INCREASE
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...- Tata Motors to hike commercial vehicle prices by up to 1% from Oct 1Tata Motors will increase commercial vehicle prices by up to one percent. This price revision aims to offset rising commodity and input cos...
- Hero Motors IPO Day 2: GMP signals 16% listing gain. Should you subscribe?Hero Motors’ Rs 1,000 crore IPO received healthy investor interest, reaching 1.39-times subscription on its first day, led by retail invest...
- Inside Ron Baron's $66 billion portfolio: A SpaceX problem and a Tesla cushionRon Baron’s portfolio, valued at about $66 billion, is led by SpaceX, Tesla, MSCI, Arch Capital and Gartner. The holdings reflect a focus o...
- Can Hero Motors IPO deliver long-term growth for high-risk investors?Hero Motors plans a ₹1,000 crore IPO for expansion and debt repayment. The company's promoter stake will decrease significantly after the i...
- Consumer protection body imposes Rs 10 lakh penalty on Rapido for use of dark patternsThe consumer watchdog found that Rapido used two practices classified as dark patterns - “confirm shaming” and “interface interference” - a...
- Rapido faces Rs 10 lakh penalty over ‘pay more, get a ride’ prompts, dark patterns in appThe Central Consumer Protection Authority fined Rapido Rs 10 lakh for misleading interface designs. Rapido used dark patterns like 'Confirm...
- India’s PE market turns tougher as buyers seek more protection: Khaitan & Co SurveyIndian private equity buyers now demand greater seller protection and price adjustments. Purchase price adjustments rose significantly, ref...
- PVs drive auto sales to record August high as India gears up for festive seasonIndia's automobile sector achieved its highest-ever August sales across multiple vehicle categories, SIAM said. Robust consumer demand and ...
- BMW India to hike prices again on pressures from rupee depreciation, high commodity costs: CEOBMW Group India will soon increase vehicle prices for the fourth time this year. High commodity costs and rupee depreciation are pressuring...
- EU to allow 2.5 lakh Indian cars at concessional duty under FTA; quota to reach 4 lakh in 10 yearsThe European Union will permit 2.5 lakh Indian passenger vehicles annually at a reduced 8 percent duty. This import duty concession will gr...
- Ola Electric ordered to refund Rs 1.34 lakh and pay another Rs 1 lakh in compensation and legal costs after failing to deliver Roadster X Plus bike despite receiving full paymentOla compensation news: A consumer commission ordered Ola Electric to refund a customer Rs 1,34,161. This followed the company's failure to ...
- US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
- Ultraviolette sees Indian motorcycle market going 20% electric in 2-3 yearsUltraviolette Automotive anticipates electric motorcycles will capture twenty percent of India's market soon. The company is investing heav...
- India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakhThe India-EU free trade agreement will allow European automakers to export 1 lakh passenger vehicles annually at concessional duties initia...
- Fuel price shock exposes Pakistan's transport fare crisis as commuters bear bruntRawalpindi citizens face rising transportation costs after recent fuel price increases. Goods transporters have raised freight charges by a...
- Govt backing flex-fuel vehicles to boost ethanol blending, says advisor to PM Tarun KapoorThe government is supporting flexi-fuel vehicles to boost ethanol blending in petrol. This initiative aims to reduce crude oil imports and ...
- CNG, hybrids, electrics rule motown: Alternative powertrains beat petrol vehicles for the first time in India as August auto sales jump 18%Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energ...
- Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain groundIn response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting ...
- Maruti Suzuki to hike car prices by up to Rs 20,000 this month due to rising input costsMaruti Suzuki will increase prices on some vehicles by up to Rs 20,000. This price adjustment will take effect starting this month, Septemb...
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