To differentiate itself from the Brezza, Toyota has made cosmetic changes with the bumper and grille of the vehicle in the front and colour combination inside while also doing away with a like to like entry level variant for the Brezza LXi which has a starting price of Rs 7.34 lakh

Finance ministry sources said that the fact these auto companies have made huge payouts in the form of royalty to their parent companies located abroad is evidence enough that they have flourished in the same tax regime

Elaborating on tasks at hand, he said FADA would also work for making auto retail business viable again by taking steps to enhance profitability of the dealer community which has been hit hard by a prolonged slowdown

Decline in India's GDP during June quarter was a result of stringent lockdown imposed across the country, claimed Finance Ministry in Economic Review report for August

This is not the first time that the Finance Minister has raised hopes only to disappoint later; similar noises had emanated from the North Block in August last year, only for the proposal to fall through

The pandemic is set to push the auto industry back by over a decade. Partial recovery in June and July has raised hopes, but will it sustain?

The two-wheeler is powered by a 6 pipe controller 250 Watt electric motor that has a top speed of 25 kmph. The low speed keeps it outside of stipulations like registration or driver's license to use it

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Most of the vehicles being bought by the people are in the range of Rs one lakh to Rs eight lakh. There is not much demand in high-end cars upwards of Rs 10 lakh. The highest demand is in the small car segment

Why the sharp recovery and sustained run in stock markets is built on weak fundamentals. Despite the fall, they are trading at double the valuation of the 2008 Lehman crash

Toyota's 6,200 employees had been working at UB City for about 14 years. It initially rented two floors of 25,000 sq ft each but has vacated one of the floors a few years ago

\"The Prime Minister in his speech on May 12 had mentioned five pillars as the focus area of the relief package and one of the them was demand. But nothing has been specifically done to address that,\" says R C Bhargava

The industry has been asking for a GST cut for the sector to lower prices and spur demand for vehicles

According to SIAM, manufacturers are clocking a revenue loss of Rs 2,300 crore every day and the cumulative figure for the month is in the vicinity of Rs 70,000 crore

Live updates on India coronavirus: Essentials will be delivered door-to-door in sealed coronavirus hotspots in Delhi; list of sealed areas to be released tomorrow

In India, novel coronavirus threatens an economy that was already hit by a slowdown in consumption that has bruised demand for everything from cars to clothes to chocolates

Coronavirus India latest updates: Prime Minister Narendra Modi said on Tuesday that the nationwide lockdown will be in effect from midnight to save every Indian. The 21-day lockdown period is to prevent the further spread of COVID-19

There has been a negative growth in the auto sector since July 2018

Maruti Brezza 2020 launch: The manual petrol version of the car is priced between Rs 7.34-9.98 lakh while the four automatic transmission versions are priced between Rs 9.75 lakh and Rs 11.40 lakh

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