The Hyundai Creta Sports Edition has been introduced ahead of the launch of the Kia Seltos that will go on sale in India on August 22, 2019. The Seltos is expected to get a lot of traction right from the launch and the new special edition will help the Creta remain relevant amidst new competition. Tata Motors too is planning to introduce an all-black version of the Harrier later this month.
In all his replies to the question, 'When is Tesla coming to India?', there's always been an underlying optimism but this time around the answer to the same question was clouded with a lot of skepticism. Elon Musk's answer to a tweet by Yashwant Reddy says, "I'm told import duties are extremely high (up to 100%), even for electric cars. This would make our cars unaffordable."
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The sales of Honda Activa were on a decline in the previous months. In order to compensate for the loss in sales, the company launched the Activa 5G Limited edition a few weeks back at a price of Rs 55,032. Sitting on the number three spot is the Hero HF Deluxe with a monthly sales of 1,93,194 in June 2019.
The 2019 Bajaj Dominar is available in a choice of two colour right now - Aurora Green and Vine Black. While the white colour option will no longer be available on the 2019 Bajaj Dominar, a gloss red shade will be available sometime later in the year, in our estimate, close to the festive season when auto sales are expected to pick up significantly.
Having announced its decision to not make diesel cars anymore, Porsche has said there will also be an all-electric version of the new, second-generation Macan that debuts in 2021. Earlier this year, the carmaker launched the new-generation 911 in India.
The company posted earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 2,048 crore, down 38.5 per cent from Rs 3,330 crore in Q1 FY19.
GST Council also decided to reduce the rate on Electric Vehicle Chargers from 18 per cent to 5 per cent. The new rates will come into effect from the 1st of next month.
On a standalone basis, Maruti Suzuki's net profit of Rs 1,435 crore was down 27.3 per cent from the year-ago's Rs 1,975.3 crore. Revenue from operation came in at Rs 18,735 crore, down 14.1 per cent on a year-on-year basis.