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No funds for EV industry in Budget '16; announcement of Rs 200 crore likely this week

autherSumantra B Barooah     calendar29 Feb 2016

It is learnt that a fund of Rs 200 crore for hybrid and electric vehicles is to be announced in a couple of days.

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SIAM calls the Budget a mixed bag

autherAutocar Professional Bureau calendar29 Feb 2016

Vinod Dasari, president, Society of Indian Automobile Manufacturers (SIAM), has called the Union Budget 2016-17 "a mix...

Carmakers – and consumers -- brace for price increase

autherShobha Mathur calendar29 Feb 2016

While carmakers are still working out the nitty-gritties and taking stock of how the additional cess will impact them,...

India Auto Inc comments on Union Budget 2016

autherAutocar Professional Bureau calendar29 Feb 2016

Even as Indian Auto Inc is busy reading the fine print of the Budget 2016 and checking out what specifically affects t...

Auto stocks bear the brunt of a taxing Budget

autherShourya Harwani calendar29 Feb 2016

Despite announcements in the budget to aid rural development, two-wheeler stocks like Bajaj Auto and Hero MotoCorp end...

Budget 2016-17 taxes PV industry, spares 2- & 3-wheelers

autherAutocar Professional Bureau calendar29 Feb 2016

If the Indian auto industry, more so the passenger car sector, was looking hopefully at the Budget to give a fillip to...

Shriram Automall enters Limca Book of Records for highest bidding events

autherAutocar Professional Bureau calendar29 Feb 2016

The company has conducted the highest number of bidding events in a financial year in both physical and online platfor...

Elofic Industries plans aggressive expansion, to set up new plant in Gujarat by 2017

autherAutocar Professional Bureau calendar26 Feb 2016

Elofic Industries, one of India’s leading automotive filter manufacturing companies, has revealed aggressive expansion...

Made-in-India Baleno to be showcased at Geneva Motor Show

autherShobha Mathur calendar26 Feb 2016

The manufactured-in-Manesar Baleno is to be launched in Europe and Japan in mid-2016. Export market could start lookin...

Government’s new project ensures women safety in public transport

autherAutocar Professional Bureau calendar26 Feb 2016

The proposed scheme under the “Nirbhaya Fund” envisages setting up of a National Emergency Response System with a cont...