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Mercedes-Benz Plans to Open 15 Outlets in 2015
Buoyed by the impressive performance in 2014, luxury car major Mercedes-Benz India has planned to expand its network, particularly in Eastern India. Eberhard Kern said 14 more outlets are in the pipeline to be inaugurated this year
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BMW India's 2015 Plans: 15 Launches and Increased Localisation
The company, which has lined up 15 new launches this year, has increased its local suppliers to eight from this year from two previously.
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50% of Passenger Vehicles May Have AMT By 2020 Says Tata Motors
Tata Motors is betting big on auto gear shift for its passenger vehicle portfolio and expects around 50 per cent of its products to have the advanced technology by 2020.
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Gadkari: Govt to Construct 3,586 Kms of Highways in Tough Terrains
National Highways and Infrastructure Development Corporation (NHIDCL) would construct 3,586 kms of highways worth Rs 34,300 crore in tough terrains, including the North-East, in the first tranche, said Road Transport and Highways Minister, Nitin Gadkari.
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Mercedes-Benz Issued Notice For Supplying 'Defective' Car to Politician
Maharashtra's apex consumer disputes redressal body has issued notices to Mercedes-Benz India Pvt Ltd and its local dealer for supplying a "defective" luxury car to Congress Rajya Sabha MP Vijay Darda.
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Audi India Expects Growth In Double Digits This Year
German auto maker Audi said it expects to see a double-digit growth in its share in the luxury car market this year in India as there will be clarity on the way forward after budget and market will grow.
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Mercedes: Bring Down High Taxation for Make In India Campaign to Work
The government needs to bring down the 'unreasonable' high taxation on the auto sector for 'Make in India' campaign to be successful, according to German luxury carmaker Mercedes-Benz.
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Video Game Technology to Make Self-Driving Cars Affordable?
A new software that allows a self-driving car to determine its location using a single video camera instead of several laser scanners can shave thousands of dollars from the cost of such vehicles.
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Nissan May Advance Launch of 3rd Datsun Vehicle in India
Japanese auto major Nissan will miss its target of achieving 10 per cent market share in India by 2016 but may advance the launch of a third vehicle from its Datsun brand in the country to propel growth.
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Mahindra & Mahindra Launches Electric Vans in Agra as Part of NEMMP
In a first step towards promotion of green vehicles, Mahindra & Mahindra today handed over four battery-powered vans to the Agra Development Authority to be used for public transport under a pilot project.
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Mercedes-Benz India to Hike Prices by 4 Per Cent
German luxury car maker Mercedes-Benz will increase prices of its products in India by 4 per cent across models from January 22 to offset impact of higher excise duty, post withdrawal of concessions by the government.
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Mahindra Two Wheelers Expects to Complete Deal With Peugeot Motorcycle
Mahindra Two Wheelers expects to complete the deal by next month to acquire 51 per cent stake in Peugeot Motorcycles, part of the France-based Euro 54 billion PSA Group, a top official said today.
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Ford To Introduce New Infotainment System in India Next Year
US auto major Ford plans to introduce in India its latest version of communications and entertainment system, SYNC 3, in its vehicles by next year.
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President Gives Nod to E-Rickshaws
An ordinance to amend the Motor Vehicles Act today got the President's assent, paving the way for plying of e-rickshaws on roads of national capital region.
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Maruti Counting on Lower Fuel Prices to Offset Price Hike
Gearing up to enter new segments this year, an upbeat Maruti Suzuki India says that the price hikes following the withdrawal of excise duty sops will not affect auto sales. The India's largest car maker is banking on factors like lower fuel prices and the likely softening of interest rates to offset the impact of increase in vehicle prices.
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Honda Cars Now Expensive By Up to Rs 60,000
Honda Cars India today increased prices of its vehicles by up to Rs 60,000 following the expiry of reduced excise duty concessions and also to offset rising input costs.
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Fuel Prices to Remain Unaffected Despite Excise Duty Hike
The government raised excise duty on petrol and diesel by Rs 2 per litre each but retail pump rates will not be increased.
Read More →Excise Duty Benefits to End; Cars to Become Expensive From January
Cars, SUVs and two-wheelers will become expensive from January 1 with the government deciding not to extend the reduced excise duty rates provided to the sector.
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Honda Motorcycle & Scooter India 'Cautiously Optimistic' About 2015
Honda Motorcycle & Scooter India (HMSI) remains "cautiously optimistic" about 2015 as it believes that policy measures like continuation of excise duty relief and government support to rural areas would act as a catalyst for growth next year.
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Future of Auto Excise Duty to Remain Undecided till December 31
As auto makers anxiously watch if reduced excise duty regime would be extended to next year, Finance Minister Arun Jaitley today said they would have to wait till December 31.
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