Automobiles

With the aim of making Uttar Pradesh, EV manufacturing unit hub, the Uttar Pradesh Government announced the New Electric Vehicle Manufacturing and Mobility Policy, 2022. Issued on October 12, the new policy will promote faster adoption of clean mobility solutions, creating a conducive ecosystem. It will also provide a three-pronged-incentive regime, benefits for those purchasing, manufacturing and seller of batteries and related components… read-more

Tata Motors has announced a price hike in its commercial vehicle range, starting from July 1, 2022. According to sources, the increase in price will be in the range of 1.5-2.5%, depending upon model and size of vehicle. The decision to hike prices came amid extensive measures to absorb a significant portion of the increased input costs in manufacturing. Furthermore, Tata Motors witnessed a  steep rise in overall input costs.

Hyundai has finally unveiled the much-anticipated new 2023 Hyundai Palisade SUV. The front-side of the SUV has been redesigned. The fresh model has a redesigned interior and a much bigger Parametric design, headlights with a greater curve, redesigned air conditioning ventilators that run from the instrument cluster to the doors, and much more. The new model also comes with USB-C connections and a functional WiFi Hotspot feature.

Tata dealerships are offering massive discounts on various cars, as the Indian car-manufacturer this January will be giving discounts upto Rs 10,000. SUV Tata Safari will also come at a discounted price, while bonus/cash discounts on exchange of vehicles for a Scorpio, can be availed upto Rs 60,000, for 2021 model. Corporate discounts of upto Rs 10,000 and Rs 5,000 are also available for Tata’s Tigor and Tiago, respectively.

A day after PM Modi launched the auto scrapping policy, the road transport and highways minister Nitin Gadkari while speaking at the "Investor Summit" said that the policy will aid all stakeholders as the production will rise. It will infuse several job opportunities. "Cheap raw material acquired from scrapped vehicles would bring down the price of vehicles and boost their sales, thereby raising GST collection," Gadkari said.