The industry has hit new lows across the board as tight liquidity, low consumption sentiment and increasing costs due to stricter safety norms have combined to form a strong headwind

Union Budget 2019: With an aim to promote the usage of electric vehicles, a taxpayer will now get an additional tax deduction of Rs 1.5 lakh under section 80EEB on the interest he or she pays on a loan taken to purchase an electric vehicle, provided the loan must be sanctioned between 1st April 2019 to 31st March 2023 and the taxpayer does not own any other electric vehicle on the date of sanction of loan.

Finance Minister Nirmala Sitharamans Budget is long on promises but short on ideas about fulfilling them

Electric vehicles get a bonanza in Budget 2019 as government gets serious on e-mobility

Budget 2019: The Union Budget 2019 has made a clear demarcation between the traditional automobile industry- the one that uses internal combustion engine and uses fossil fuel, and the nascent electrical vehicle fraternity.

Budget 2019: Electric mobility has been a major thrust area for the government that is keen to reduce the transport sector's dependence on imported fossil fuel. India imports nearly 84 per cent of its crude requirement every year.

The government says the industry is not doing enough, the industry says the government is being unrealistic. Electric mobility has pitted both against each other

Budget 2019: Indian economy will reach $3 trillion in current year, it is well within our capacity to reach $5 trillion economy in few years, says FM

MG Hector launch: The company claims its total cost of ownership (TCO) is the lowest in the segment starting at Rs 45 paise per kilometer for the petrol and at Rs 49 paise per kilometer for the diesel

Moody's also downgraded the corporate family rating (CFR) of JLR to \"B1\" from \"Ba3\", with a negative outlook

Bajaj Auto share price rose 2.99% to 3,012 compared to the previous close of 2,925.25 on BSE. The stock has gained 4% during the last one year and gained 10.67% since the beginning of this year.

A hybrid car has more than one source of power. Usually, it combines a conventional combustion engine with an electric motor to run the vehicle