In the last 11 months, Pune city has registered 555 imported vehicles, including 300 two-wheelers and 255 luxury cars, agricultural vehicles, and other four-wheelers. The data provided by the RTO reveals that, in 2023, 160 of the 309 imported vehicles were two-wheelers, while 149 were four-wheelers. Owners of imported vehicles are required to pay 20% of the vehicle’s market price …
New York CNN — President-elect Donald Trump is vowing to protect American-made cars through steep tariffs on imports. That’s why auto prices could rise sharply if Trump goes ahead with plans to impose steep tariffs on the parts that go into the “American” vehicles found in showrooms nationwide. But the amount of parts that go into cars assembled here would …
Tata Motors on Monday said it expects the government to consistently follow the policy of promoting local manufacturing of electric vehicles under the FAME scheme amid demand from Tesla to lower import duty to sell its vehicles in India. Last week Tesla Chief Executive Officer Elon Musk had said that the company may set up a manufacturing unit in India …