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Wednesday, March 06, 2013

By Anil Jangid

SIAM seeks FM to withdraw hike in excise duty on SUVs

SIAM seeks FM to withdraw hike in excise duty on SUVs

Car industry body SIAM has decided to ask the Finance Minister of India Palaniappan Chidambaram to roll back the proposed excise duty on SUVs. The hike in the import duty on completely built cars has been increased and thus luxury cars that are imported will see a steep price rise while bigger SUVs with high ground clearance will also invite.... [Read More]

Tuesday, March 05, 2013

By Shilpa Chopra

Tata, Mahindra, Toyota raise prices of SUVs, other SUV makers to follow suit

Tata, Mahindra, Toyota raise prices of SUVs, other SUV makers to follow suit

It seems that SUV makers in India were waiting for the Union Budget proposals of higher tax on SUVs as almost all have increased the prices. Where Tata has increased the price of its SUVs viz. Tata Sumo, Tata Safari Storme and Tata Aria, Mahindra, Toyota and others.... [Read More]

Friday, March 01, 2013

By Pawan Rana

Mahindra gains 11 percent rise in sales

Mahindra gains 11 percent rise in sales

Maruti car sales dipped by 8 percent, Hyundai car sales up only by 5.4 percent, Tata sales are marginally up but there is a car maker that has gained around 11 percent increase in sales. This car maker is none other than Mahindra and Mahindra. With robust sales witnessed in utility cars segment which is its specialization, the car giant sold.... [Read More]

Friday, March 01, 2013

By Anil Jangid

SUV prices to go up by Rs. 60000!

SUV prices to go up by Rs. 60000!

The Union Budget 2013-14 hasn’t done any good to the Auto Industry. In addition, it is going to make the SUVs costlier putting a pause on the sales of SUVs for an average consumer. This hike in the excise duty will badly affect the prices of best selling SUVs, such as Renault Duster, Mahindra Scorpio, [Read More]

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