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Nitin Gadkari announces vehicle scrappage policy – lists out possible benefits on road tax, cheaper new cars and lower pollution

India’s transport minister Nitin Gadkari, on Thursday, announced the vehicle scrappage policy in th…

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India is looking to bring in the vehicle scrappage policy soon — here’s what it means for you

The reports claim that the auto industry had proposed certain sales incentives and tax rebates f…

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Budget 2021 will push 6.8 million vehicles to fitness tests, possible scrappage

At the Union Budget 2021 today, the Finance Minister Nirmala Sitharaman announced the much-awaited …

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Indian government announces vehicle scrappage policy, aims to generate 35,000 jobs and attract ₹10,000 crore investment

The vehicle scrappage policy has been in the works since 2015. It provides incentives to owners …

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Retail passenger vehicle sales down 9% in October, registrations slow down due to supply issues

Two-wheeler sales declined 26.82 per cent to 10,41,682 units last month, as compared to 14,23,…

PTI   


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'Vehicle scrappage policy to help generate demand for new vehicles amid coronavirus pandemic'

The notification also provided that newly purchased motor vehicles will be exempted from payment o…

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Auto dealers should also open vehicle scrapping facilities: Nitin Gadkari

Union Road Transport and Highways Minister Nitin Gadkari on Thursday said dealers of automobiles s…

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Vehicle scrappage policy to be announced after fine-tuning by concerned ministries: FM

New Delhi, Feb 1 () A policy for scrapping of old vehicles "is in the works" and will be announced …

PTI   


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Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

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Toyota seeks scrappage policy, income tax benefit on purchase of all kinds of vehicles

New Delhi, Jan 27 () Toyota Kirloskar Motor (TKM) on Monday urged the government to come out with a…

PTI   


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Mahindra & Mahindra initiates new end-to-end solution for old vehicle scrappage

At present, MMRPL is engaged in the business of acquiring used or end of life vehicles to dism…

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SIAM seeks incentive based scrappage policy, GST rate cut on automobiles

New Delhi, Jan 27 () Auto industry body SIAM on Monday urged the government to announce an incentiv…

PTI   


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Tata Motors, Ashok Leyland pitch for incentive-based scrappage policy to revive CV segment

With sales on a continuous decline for over a year now, first due to transition to BS-VI emission …

PTI   


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COVID-19: SIAM seeks GST rate cut, incentive based scrappage policy to revive auto sector

Besides, it has also asked to expedite release of all pending payments to vehicle manufacturers an…

PTI   


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SIAM, SMEV welcome electric vehicle policy of Delhi govt

New Delhi, Dec 24 () Auto industry body SIAM on Tuesday said the electric vehicle policy announced …

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Passenger vehicle retail sales rise 4%, two-wheelers decline 21% despite festive boost: FADA

Two-wheeler sales, however, declined 21.4 per cent to 14,13,378 units last month, as compared…

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Regulation for vintage vehicles soon; number plates to display 'VA'

New Delhi, Dec 15 () In a respite for enthusiasts and collectors of vintage cars, classic vehicles …

PTI   


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India's push for electric vehicles is haemorrhaging car makers

Indian car makers are in dire straits. Sales have been falling for eight straight months now with n…