Sixteen Indian Army personnel including three Junior Commissioned Officers (JCOs) died after a road crash when the vehicle they were traveling in fell into a gorge while it was attempting …
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Narendra Modi
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Tesla Inc has urged Indian Prime Minister Narendra Modi’s office to reduce import taxes on electric vehicles before it enters the market, according to Reuters. The American automaker wants to …
- Motorcycles
TVS Motor Company pledges $3.3 million to Indian PM’s relief fund
by SpeedLuxby SpeedLuxTVS Motor Company on Monday announced an additional Rs. 25 crore ($3.3 million) contribution to the PM’s Relief Fund (PM-CARES) to help with the battle against coronavirus pandemic, together with its Group Companies …
- Mercedes-Benz
Plan for all-electric cars by 2030 not practical, says Mercedes-Benz India
by SpeedLuxby SpeedLuxThe Mercedes-Benz India CEO said electric rush neither viable nor wise Luxury automaker Mercedes-Benz has prompted the government of India “not to rush with the all-electric vehicles push” and therefore …
- Nissan
Nissan sues India over a dispute over outstanding dues worth $770 million
by SpeedLuxby SpeedLuxNissan Motor has started international arbitration against India to seek over $770 million in a dispute concerning overdue state incentives, according to an individual knowledgeable about the matter and files …
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India is analyzing the use of private cars as shared taxis in an effort to lower automobile ownership and curb growing traffic jam in major cities, sources knowledgeable about matter …
- Cars
India’s green car plan gives more importance to electric vehicles than hybrids
by SpeedLuxby SpeedLuxIndia’s most prominent government think-tank has recommended reducing taxes and interest rates for loans on electric automobiles, while capping sales of standard cars, indicating a dramatic shift in policy in …
- Press Releases
ISRO launches 104 satellites in one go, breaks Russia’s record of 37
by SpeedLuxby SpeedLuxIndian Space Research Organisation (ISRO) has made history today by effectively launching a record 104 satellites, including India’s earth observation satellite, on one rocket from the spaceport in Sriharikota. This …
- Press Releases
Indians who bought a car after November 8 may get income tax notice
by SpeedLuxby SpeedLuxThe Income Tax Department has released notice to leading automobile dealers throughout India asking to provide information of all those who booked an automobile after November 8, the day Prime …
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