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Carmakers are shifting to electric and hybrid models in order to bring down the average fleet emissions by the conventional automobiles.
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The Own Damage (OD) section of the motor insurance policy covers any damage caused to the insured vehicle due to a natural disaster/calamity
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Tata Motors said its passenger vehicle sales in the domestic market stood at 15,181 units in May, down 40% from 25,095 units in April this year
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Toyota Kirloskar Motor had reported wholesales of 9,622 units in April and 1,639 units in May last year.
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The company's exports jumped 142% to 2,11,032 units in May from 87,054 units in the same month of the previous year
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The automotive components sector will see revenue rebound 21 to 23% next fiscal as domestic and export demand revives after two straight contractions
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Central and state government taxes make up for 60% of the retail selling price of petrol and over 54% of diesel
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Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as per ICRA
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On the volume side, the domestic automobile industry's sales volume (excluding commercial vehicles) declined 30% m-o-m in April
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Toyota Kirloskar Motors(TKM) announced comprehensive medical insurance for Team Members of up to Rs.11.5 lakhs
