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Import Tariff Hike Latest News

  • Similar to India, the EU too proposes to increase the import tariff on American motorcycles to 25 per cent. Here are the details.
    European Union Increases Import Duties On American Motorcycles

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  • Renault India has announced that they will increase the prices of all its vehicles in India. Rising input costs for the company has been attributed as the cause of the price rise.
    Renault India Announces Price Hike From January 1 2015
  • Bajaj Auto is looking to raise prices of its two models - Platina and Discover - from next month in order to partially offset increase in input costs. The Pune-based company had earlier raised prices of its Pulsar model range by Rs 1,000 at the end of festival season this year.
    Bajaj Mulls Price Hike for Discover, Platina Models From January
  • Honda Cars India today reported 17.8 per cent increase in domestic sales at 13,362 units for last month.The company sold 1,333 units of its small car Brio, 4,752 units of compact sedan Amaze and 7,218 units of the mid-sized sedan City.
    Honda Cars India Continues to Grow; Records 17.8 % Hike in May
  • Toyota Kirloskar Motor today reported a nearly 6 per cent increase in total sales at 13,230 units in May 2014.The company had sold 12,502 units in the corresponding month of the previous year, Toyota Kirloskar Motor (TKM) said in a statement.
    Toyota India Records 6 Percent Hike in May 2014