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Monday, July 11, 2011

By Pranjal Gera

Volkswagen jitters over new VAT regime

Volkswagen jitters over new VAT regime

The new policy of the Government Maharashtra on Value Added Tax (VAT) applicable on automobile industry has created a ruffle amongst the auto makers who see the notification which has deferred the returns on investment as a step backward. The government of Maharashtra which has offered many a tax soaps to automakers to invest in the state.... [Read More]

Monday, July 11, 2011

By Pranjal Gera

Lamborghini wonder cars not to witness Labour-intensive diffusion

Lamborghini wonder cars not to witness Labour-intensive diffusion

Since a very long time, it has been dreaded that the wonder cars would face a closure of machinery diffusion by hard laborious work performed physically. This notion has turned into a fact, as the maker of supercars Lamborghini has made up its mind to do away with the ancient method of.... [Read More]

Monday, July 11, 2011

By Pranjal Gera

ICML Sonalika to launch a global sedan by 2012

ICML Sonalika to launch a global sedan by 2012

International Cars and Motors Limited (ICML) is planning to launch a global sedan, which will compete in the D segment of sedans worldwide. Pininfarina is designing the global sedan by International Cars and Motors Limited, and the car is expected to be launched by the middle of the 2012. The.... [Read More]

Monday, July 11, 2011

By Pranjal Gera

Sales growth rate to dip further in Inida

Sales growth rate to dip further in Inida

Industry sources reveal that the Indian auto industry, the second fastest growing car market after China, will face even tougher phases in coming time. High interest rates and sky rocketing fuel prices will cut down the sales growth rate more than predicted earlier. In the financial year 2010-2011,.... [Read More]

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