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CBITA questions MHI's motives for stopping FAME subsidies

CBITA questions MHI's motives for stopping FAME subsidies

autherAutocar Professional Bureau     calendar04 Jul 2023

In its latest communication, CBITA alleged that there is growing evidence that MHI misallocated subsidies and diverted them to high value bikes, running foul of the estimate of an average of Rs 20,000 per bike to make up the 1 million targe...

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Samvardhana Motherson to acquire 81% in Honda subsidiary Yachiyo, enter sunroof business
Samvardhana Motherson to acquire 81% in Honda subsidiary Yachiyo, enter sunroof business

autherAutocar Professional Bureau calendar04 Jul 2023

By acquiring Yachiyo's four-wheeler business, the leading Indian Tier 1 supplier gets a host of benefits including ent...

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India's road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres
India's road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres

By Shahkar Abidi calendar04 Jul 2023

Road construction in FY24 road construction stands at 844 kilometres, compared to 863 kilometres in the same period la...

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igus presents host of digital concepts and latest in VR technologies
igus presents host of digital concepts and latest in VR technologies

autherAutocar Professional Bureau calendar04 Jul 2023

At the recently concluded 2023 Hannover Messe trade fair in Germany, domestic manufacturer and distributor of technica...

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Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
Kia unveils 2.0 Transformation plan, targets 10% market share by 2028

By Ketan Thakkar calendar04 Jul 2023

The MD of Kia feels there is a lot of growth potential in the mid-SUV segment, and the new Seltos will further grow th...

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Autocar Professional’s July 1, 2023, issue is out! 
Autocar Professional’s July 1, 2023, issue is out! 

By Chandan B Mallik calendar04 Jul 2023

The highlight of this issue is the comeback of the iconic motorcycle brand, Royal Enfield.

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Volkswagen to invest a billion euros in South America, plots 15-model offensive
Volkswagen to invest a billion euros in South America, plots 15-model offensive

autherAutocar Professional Bureau calendar04 Jul 2023

By 2027, VW plans to grow by 40% in Brazil, the region’s largest market; 15 new electric and flex-fuel vehicle models ...

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Kia Seltos facelift debuts in India
Kia Seltos facelift debuts in India

By By Satvik Khare, Autocar India calendar04 Jul 2023

The Seltos was launched in India in August 2019 and the midlife refresh has arrived after almost four years.

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Enigma exclusively partners with EZFinance for electric scooter financing
Enigma exclusively partners with EZFinance for electric scooter financing

autherAutocar Professional Bureau calendar04 Jul 2023

Dealers pan India that are associated with Enigma will have exclusive access to financing solutions provided by EZFina...

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Atlas Copco acquires German developer of augmented reality solutions
Atlas Copco acquires German developer of augmented reality solutions

autherAutocar Professional Bureau calendar04 Jul 2023

Extend3D GmbH develops and produces augmented reality systems including 3D video and laser projectors, supporting manu...

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MOST READ

POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.44%

No

 

35.56%

Total Votes : 765