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Mercedes to begin local assembly of AMG-branded hyper cars in India

Luxury cars that are imported into the country as completely built units attract high duties of 110 per cent but assembling them as completely knocked down units (CKD) brings down the taxation to just 16.5 per cent


The Michigan-based company said its vehicle sales in China rose 25% in September quarter to 164,352 units

Earlier this week, the government had waived road tax on all electric vehicles

HCL Tech board declares an interim dividend of Rs 4 per equity share for FY21; salaries of select HCL staff to be hiked from October, others' from January

Every year, more than 2.2 million bicycles are sold in India but almost 50 percent of them are no frills commuter bicycles that cost less than Rs 2,500