Fri, Jan 19, 2024
Rolls-Royce claims that the Specter offers a 530 km range, as per the WLTP cycle. Rolls-Royce Specter accelerates from 0 to 100 km per hour in just 4.5 seconds.
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Tue, Nov 28, 2023
Mercedes-Benz's global charging network is rapidly expanding, with Mannheim being the fourth station in operation worldwide.
Wed, Oct 18, 2023
Expensive Cars: In earlier times, people used to prefer buying cheap cars, but with the passage of time, the era of cheap cars has passed, now today's youth are more interested in buying expensive cars.
Sun, Sep 10, 2017
The GST Council took the decision to increase the cess on various segment of cars individually, instead of having a common tax on all the cars of one size.
Wed, Aug 30, 2017
The Cabinet has approved the Finance Ministry's proposal to increase the GST cess on luxury cars by another 10%.
Fri, Aug 25, 2017
Mahindra's higher exposure to the SUV segment makes it especially vunerable to the impact of the hike in the GST cess expected soon.
Tue, Aug 08, 2017
Except for small cars, all cars above 4 meters could see their prices go much above the pre-GST levels due to the hike in the on-road taxes in many states
Mon, Aug 07, 2017
The GST Council's decision to increase the cess on luxury vehicles by an additional 10% is expected to see an increase in the prices of luxury cars.
Sun, Jul 30, 2017
Indian demand for UK's premium cars rose 8.3% in the first half of 2017. Over the same period, the number of Indian-built models registered by British buyers rose by almost half (48.6%) to 21,135 units.
Sun, Jul 23, 2017
The company reasoned that "better treatment" in terms of taxation could lead to growth of luxury car segment in the country.
Sat, Jul 08, 2017
JLR has recorded 11% yoy rise in sales for the month of June on the back of strong growth recorded in the China market which increased by a whopping 65%.
The pre-GST discounts have boosted the volumes for the German luxury carmaker BMW by a healthy 11.5% in the January-June period at 4,589 units.
Fri, Jun 30, 2017
While SUVs and large cars will see a large decline in taxes due to GST, small cars tax rates will remain relatively the same. Here is how GST will impact the automobile sector.
Wed, May 31, 2017
While luxury automobile manufacturers such as Mercedes Benz, BMW and Audi India announced price cuts last week, JLR and Ford this week joined in by offering discounts on their cars too.
Fri, May 26, 2017
More luxury car manufacturers are expected to reduce the prices after Mercedes-Benz and BMW announced price cuts.
Fri, May 19, 2017
GST rate for the automobiles will be set at 28%, but small cars and luxury cars would incur an additional cess.
Fri, Mar 24, 2017
Lexus introduced the RX Hybrid model priced at Rs 1.07 crore, RX F Sport hybrid at Rs 1.09 crore and ES 300h hybrid sedan priced at Rs 55.27 lakh (all prices ex-showroom).
Mon, Jan 16, 2017
Luxury cars priced under Rs 25 lakh saw a over 230% growth in sales in December compared to the same month last year.
Mon, Jan 09, 2017
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
Tue, Dec 27, 2016
The tax returns when compared with car sales throw astonishing numbers.
The IT department has send notices to car dealers asking them for information on the sales of luxury cars from November 8 onwards.
Thu, Dec 15, 2016
The third largest luxury carmaker BMW India, which today launched the fourth model from its Mini stable here, hopes to have petrol variants for all its nearly a dozen models by next year.
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