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AUTOWORLD » Commercial vehicle Share

Eicher Trucks and Buses announces up to 5 percent price reduction on its entire product range post GST rollout

Eicher Trucks and Buses announces up to 5 percent price reduction on its entire product range post GST rollout

Mumbai, Jul 18(UNI) Eicher trucks and Buses in a bid to pass benefits of the new tariff regime under GST has announced the reduction of prices on its entire product range. The new rates came into effect from July 1st, 2017. Eicher Trucks and Buses is offering the price reductions from 1.5 percent up to 5 percent on its range of trucks and buses. The price reduction varies model wise and state wise., company release said. Commenting on the price reduction, Vinod Aggarwal, Managing Director & CEO, VE Commercial Vehicles said, 'The GST is the biggest tax reform that we have witnessed and it will bring in a lot of efficiencies and productivity benefits.
The immediate impact is some reduction in taxes on an average basis and we have passed on the expected benefits from the new tax regime to the customers. The reduction in prices ranges from 1.5 percent to 5 percent for most of the product categories’. UNI JS SM1604


Maruti’s new Dzire crosses 1 lakh sales mark in 5 and half month

Mumbai, Oct 17(UNI)Auto Major,Maruti Suzuki’s all-new Dzire has achieved the fastest 1-lakh sales mark, a distinctive feat in the Indian automobile industry.


Ford's China sales stuck in first gear as rivals overtake

BEIJING, Oct 13 (Reuters) Ford Motor Co saw its China vehicle sales make the barest of increases in September, extending a tough run in the world's largest auto market even as global rivals have logged robust gains.


Toyota seeking to halve Japan car models as domestic market shrinks

TOKYO, Oct 12 (Reuters) Toyota Motor Corp is aiming to halve the number of car models it sells at home by 2025, a person briefed on the matter said - the second time this month that a Japanese automaker has emerged with plans to sharply scale back in a shrinking domestic market.


Volvo launches 1st locally-assembled 'XC90' from its plant in Bengaluru

Mumbai, Oct 11 (UNI) Volvo Cars, the Swedish luxury car maker, has rolled out its first assembled car from its plant in Bengaluru.


Volkswagen launches all New Passat starting at Rs 29.99 lakhs

New Delhi, Oct 10 (UNI) Volkswagen, Europe’s leading car manufacturer, today announces the launch of the much awaited luxury sedan Volkswagen Passat at a starting price of Rs 29.


Passenger vehicle sales up by 11pc in domestic market in Sept 2017

New Delhi, Oct 9 (UNI) The Domestic passenger vehicle sales growth has been recorded up by 11 per cent to 3,09,955 units in September from 2,78,428 in the same month last year.

Honda faces long haul to recoup jet costs

Honda faces long haul to recoup jet costs

TOKYO, Mar 27 (Reuters) After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age to see Honda Motor Co's pet aviation project recoup its development costs.

Escorts unveils country’s first electric tractor concept, Launches Hydrostatic tractor

Escorts unveils country’s first electric tractor concept, Launches Hydrostatic tractor

New Delhi, Sep 6 (UNI) Escorts Ltd, India’s leading engineering conglomerate today launched India’s first Electric & Hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22HP to 90 HP range under flagship brands Farmtrac and Powertrac compliant with tier 4 emission norms of Europe and America amidst 43 International distributors.