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Union Budget 2023: What The Indian Automobile Industry Expects

Jan 31, 2023, 2:32 PM

Union Budget 2023: What The Indian Automobile Industry Expects

The government has proposed to focus on providing tax relief for buyers, increasing incentives for electric vehicles, and providing incentives for companies investing in research and development activities.

4 Min

Sidharth Nambiar | Jan 31, 2023
Dainese And AGV Brands Officially Launched In India; Moto Madness To Be The Official Distributor
Moto Madness will be the distributor for Dainese and AGV helmets in India
2 mins read
Reuters | Jan 31, 2023
Tesla Slashes Prices In China, Other Asian Markets As Sales Stumble
Tesla has also cut prices on its best-selling Model Y and Model 3 electric vehicles in Japan, South Korea and Australia in what a person with direct knowledge of the plan said was part of an effort to help stoke demand for output from its Shanghai factory, its single largest production hub.
4 mins read
Jaiveer Mehra | Jan 31, 2023
Pure EV ecoDryft Electric Motorcycle Launched In India; Priced At Rs 99,999
The ecoDryft has a top speed of 75 kmph and an on-road range of up to 130 km per charge.
1 min read
Reuters | Jan 31, 2023
Tesla Owners In China Protest Against Surprise Price Cuts They Missed
Recently, about 200 recent buyers of the Tesla Model Y and Model 3 gathered at a Tesla delivery centre in Shanghai to protest against the U.S. carmaker's decision to slash prices for the second time in three months.
0 mins read
Reuters | Jan 31, 2023
Jaguar Land Rover Sees Q3 Free Cash Flow Above $485 Million
Tata Motors, which acquired JLR in 2008, had earlier set a target of 1 billion pounds of free cash flow for the fiscal year.
0 mins read
Reuters | Jan 31, 2023
Renault Considers Making Mass-Market Evs In India: Report
3 mins read
Reuters | Jan 31, 2023
Auto Lobby Urges Spain To Speed Up Vehicle Electrification As Sales Lag
As elsewhere in Europe, Spanish car production has been hampered in the past few years by semiconductor shortages, temporary factory closures and supply chain bottlenecks after the 2020 global outbreak of the COVID-19 disease.
0 mins read
Reuters | Jan 31, 2023
India's Utility Vehicles Sales Rise In Dec, Demand For Entry-Level Cars Muted
Utility vehicles have grown more popular among buyers this year, nearly matching production volumes of entry-level cars and sedans, according to the Society of Indian Automobile Manufacturers.
0 mins read

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