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The government has approved 26 thousand crore Production Linked Incentive Scheme (PLI). The objective of this scheme is to boost the production of electric vehicles and hydrogen fuel vehicles in the country. This scheme will provide incentives to auto manufacturers for producing electric vehicles in the next five years. The Minister of Information and Broadcasting, […]
The sale in the volume of light commercial vehicles has increased all over the country. The growth in the sales of light commercial vehicles is expected to increase by double-digit in this financial year. Behind this success is the growth in the activities relating to construction, FMCG, poultry, and cold storage segments. The CEO of […]
The truck and bus division of Mahindra and Mahindra has announced the launching of the new Mahindra Furio 7. This vehicle is the extension of the Mahindra Furio in the light commercial vehicle range. This vehicle will be available in three product platforms – 4 tyre cargo vehicle, 6-tyre cargo vehicle, and 6-tyre tipper vehicle. […]
The new electrical policy has been launched in Chandigarh. The administration of the Union Territory has formed a committee of three members to prepare the final draft. This policy is being for providing incentives on the purchase of electrical vehicles. Electrical vehicles have a considerable advantage over petrol and diesel fuel vehicles. Electrical vehicles do […]
Tata Motors has launched a new CNG commercial light vehicle. Tata 407 comes with the CNG engine, which has the power of a 3.8-litre engine. The ex-showroom price of this vehicle is Rs. 12.07 lakhs (as per Pune showroom). The company has said that this vehicle will offer up to 35 percent more profit than […]
The apex body of commercial transporters, the All India Transporters Welfare Association, has launched ‘Lawyer on-the-Spot’. The aim of this program is to provide legal assistance to all the commercial vehicles running on the road. The program is launched at a pan-India level. This program is being carried out in collaboration with Lawyered. The objective […]
The movement of the heavy good vehicles has been stopped in the Mumbai- Goa highway route till September 20. Only the essential goods will be allowed to ply during this time. Heavy vehicles carrying food grain, liquid medical oxygen, fuel, milk and others will be only allowed to move during this time. This order has […]
The Federation of Automobile Dealers Association has released the data for sales of vehicles in August 2021. As per this data, there is an increase in vehicle sales by 14.48 per cent this August compared to August 2020. Compared to the sales level of the pre-COVID year of 2019, the sales in this August are […]
The automakers in India will be asked to compulsorily offer bio-fuel vehicles. The central government is planning to make it mandatory for automakers to offer flex-fuel engines. Union Minister Nitin Gadkari has recently said that biofuel vehicles will be compulsory in the coming six months. This move will reduce the burden of the public to […]
Mahindra & Mahindra has announced that it has sold a total of 30,585 vehicles in the month of August 2021. This includes the auto sales of both commercial and passenger vehicles. In the segment of commercial vehicles, the company has seen a dip in its sales. The company sold a total of 11,432 vehicles in […]