While that vehicle of the future may lack the self-awareness of the crime-fighting Trans Am in 1980s TV series Knight Rider, experts say it will be able to steer, brake and find out about the road ahead from within a vast electronic bumper. Read more
Courtesy: indiacar.net
Archive for May 1st, 2008
Courtesy: economictimes.indiatimes.com
The company’s cumulative sales (including exports) during April were up 47.77 per cent at 40,001 units, compared to 27,069 units in the same month a year ago, Hyundai Motor India said in a statement. More
Courtesy: indiacar.net
Excise cuts in budget fuel gas into auto sector
Published May 1st, 2008 in Maruti Suzuki. 0 CommentsLeading the growth in the car segment, country’s largest carmaker Maruti Suzuki India witnessed a healthy 22 per cent increase in sales, while Hero Honda, the market leader in the two-wheeler category, registered an over nine per cent jump in its sales for the month. More
Courtesy: economictimes.indiatimes.com
The first month of the new fiscal year cheered up the auto industry. After a year of deceleration, the two-wheeler industry moved away from the negative sales graph while passenger car sales reached an all-time high in April.
The sales growth was helped by excise duty cut, apprehensions of rising interest rates after RBI?s move to tighten monetary policy further and the impending price rise indicated by all auto firms. Excise duty on cars and bikes was reduced to 12% from 16% in the Budget. Read more
Courtesy: indiacar.net
