Indian auto industry stares at Rs 48,300 crore loss for 21 days closure of plants

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

Auto Industry hit by coronavirus fears, as companies worldwide halt production

The global auto industry is in a recession, while the Indian auto industry has been bombarded with woes of its own. And to make matters worse for everybody, the coronavirus fears have now forced several companies to...

Steep hike in private ICE vehicle registration fees proposed

In order to boost the buying and use of electric vehicles in the personal passenger vehicle segment in future, the government is proposing a steep hike in the fees for issue and renewal of registration of private ve...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

SC bans BS III vehicles; Industry saddled with 8.2 lakh vehicles

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

Relief for auto makers as SC lifts ban on diesel vehicles in Delhi NCR

The Supreme Court of India on August 12, 2016 has lifted the ban on diesel vehicles with engine capacities of 2000cc and above but has asked affected car makers to deposit of one per cent of ex-showroom price as gre...

Kerala ban on diesel cars sends Indian auto industry into tizzy

The latest ruling of the National Green Tribunal (NGT) banning diesel vehicles with engine capacities of 2000cc and above has sent the entire Indian auto industry in a state of shock and disbelief. The NGT bench hea...

Ban on diesel vehicle not going to achieve desired objective of reducing pollution: SIAM

Citing a study conducted by IIT Kanpur, the Society of Indian Automobile Manufacturers (SIAM) has stated that the Supreme Court ban in the NCR on cars with diesel engines of 2000 cc and above will not result in the...

SC ban on diesel cars above 2000 cc continues in Delhi NCR

The financial year 2015-16 ended on a sour note for several automobile manufacturers in the country when the Supreme Court in a hearing extended the ban on diesel vehicle registration in Delhi. Thus, all diesel cars...

Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Auto Industry is a soft target; SC ban order unfortunate

The Society of Indian Automobile Manufacturers (SIAM) has laid out a series of facts and observations that clearly proves that by banning diesel cars with engine capacities of 2000cc through the December 16, 2015 or...

No sale of new diesel vehicles with 2000cc plus engines till March 31: SC

Unmindful of the repercussions that it could have on the investment climate of the country, the Supreme Court on December 16, 2015 has put a blanket ban on sale of all diesel vehicles in Delhi that have an engine ca...

SC clamps the rich man’s wheels; Common man trampled too

The National Green Tribunal (NGT is going hammer and tongs against diesel vehicles and has called for their ban in Delhi, but in the meantime, the Supreme Court on December 15, 2016 said it was considering a ban on ...

It’s a Blue, Blue Christmas for diesel car makers in India

Leading SUV manufacturer in India, Mahindra & Mahindra will be the worst hit by the recent ban on diesel vehicles in the capital city of Delhi from December 11, 2015 to January 6, 2016 as ordered by the National Gre...

Shocked Dr Goenka says diesel vehicles have become “whipping boy”

Shocked and concerned by the decision of the National Green Tribunal (NGT) to ban registration of new diesel vehicles in Delhi, Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd has stated that “diesel v...

Atulya Sharma appointed Chief Legal Counsel at Apollo Tyres Ltd

Atulya Sharma has been appointed as the Chief Legal Counsel at Apollo Tyres Ltd. He will be based out of the company’s Corporate Office in Gurgaon, and will oversee the Legal and Corporate Secretarial functions. ...

It’s a dud Budget for the automotive sector

A lot was expected from Finance Minister Arun Jaitley for the automotive sector but none of that figured in the Union Budget 2014-15 announced on July 10, 2014. The Budget focussed on infrastructure and simplificati...



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