With this trend continuing for a couple of more weeks, inventory in PVs will for the first time since the downturn will come down to healthy levels of around four weeks across many markets. (Representational image)
17 Jul 2019 3:32 AM

The dealers had sold 2,35,539 units in June 2018.

"In a bid to push e-vehicles in the country, the FM has proposed to cut GST from the current 12 per cent to 5 per cent which would result in a benefit if Rs 1.40 lakh for the Kon Electric SUV," Puneet Anand, Senior General Manager & Group Head, Marketing at Hyundai India told Financial Chronicle.
16 Jul 2019 2:05 AM

Finance Minister Nirmala Sitharaman in her maiden Budget to promote e-mobility had proposed to slash the Goods and Services Tax.

Automakers are worried as the market showed no visible signs of recovery yet as PV sales fell 18.42 per cent year-on-year during the April-June quarter of FY20.
11 Jul 2019 12:57 AM

Last month, PV sales fell 17.54 per cent to 2,25,732 units, down from 2,73,748 units the automobile sold in the year-ago period.

Realty gets a big boost
02 Feb 2019 2:09 AM

Mahindra To go global with premium brand name
29 Jan 2019 1:31 AM

The much awaited all-new Mahindra XUV300 will foray into international market after its India launch in February 2019

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