Co to spend Rs 1,100 cr on the plant which will roll out 12 lakh scooters annually

The government plans to impose an additional 30% environment compensation charge on diesel vehicles and is considering tightening the emission norms by mandating fuels compliant with Euro-IV norms

Market has halved over two years as consumers opt for cheaper, fuel-driven cars

India’s move to popularise electric vehicles has skidded on policy flip-flop and consumer propensity to opt for the cheaper fossil fuel-driven variants. The size of the domestic market for electric vehicles, primarily two-wheelers, has more than halved over the past two years, forcing about half a dozen manufacturers like BSA Motors, Ultra Motors, Luminous and Eco Motors to shut shop.

Motorcycles, Scooters to get costlier by . 1,500-10,000

The government is set to drive in stricter emission norms for two-wheelers which will make motorcyles and scooters less polluting but costlier by . 1,500-10,000. New emission norms for two wheelers to be sold in the country from 2015 have been finalised and will be notified shortly, a senior government official told ET. “We have carefully scrutinised the requirements for the Indian market.

NEW DELHI: Swedish bus maker AB Volvo plans to launch a new 'value brand' in the Indian market as part of a global strategy to make the country its manufacturing hub for emerging markets, a top exe

GEAR SHIFT High fuel prices hit petrol SUV’s sales; all new cars come in only diesel version

With customers looking for cheaper mobility options, demand for two-wheelers is likely to go up.

The fuel that powers the construction and agriculture industries has become a darling of Indian automakers fighting the worst slowdown in two years.
Diesel, which is 40% cheaper than petrol and about 30% more efficient, is reviving a fading line of car buyers who were turned off by the soaring price of petrol.