CAFE norms are standards set by the government regarding a minimum average fuel efficiency and maximum CO2 emission level - not for individual models of four-wheelers, but for the entire fleet of an auto manufacturer.
As per the Fada data, the tractors emerged as the best-performing category in July, with a sharp 10.96 per cent increase year-on-year and 14.9 per cent sequential growth.
He further said it was too early to assess how much of components come from China would see disruption.
The SIAM data shows that the production of the commercial vehicles was down by 72.07 per cent in September against the same month in the last year.
The minister further said that just like the way GST on electric vehicles has been reduced to 5 per cent from 12 per cent, he would propose to the finance ministry to extend the same benefit to hybrids vehicles.
Union Transport Minister Nitin Gadkari on Thursday exhorted the automobile industry to develop technology to run vehicles on alternatives to…
The highly anticipated 2017 Budget announcement has included little to affect either carmakers or car buyers. The reason? Since the…
