Vehicle Registrations Hit 1.96 crores in 2015; Is Public Transport the Solution?

Ever wondered how many vehicles were registered last year? 1.96 crores! Yes, that my friend is a huge number. Want to guess where the number stood in the early 90s? Less than 10 lakhs a year. The rising income capacity of urban middle class and the chain reaction of ever increasing options has been a … Read more

Supreme Court Lifts Diesel Ban; 1% Environment Cess Announced

The Supreme Court today has finally revoked the ban it had placed on registration of diesel vehicles with an engine displacement greater than 2,000 cc in NCR. Ever since the ban was placed in December 2015, manufacturers like Tata and Mercedes have been facing a tough time because of lack of slightly smaller engines. Mahindra, … Read more

GST: 3 Reasons Why the Tale Might Turn Sour!

Goods and Service Tax. GST. A lot has been written about the tax scheme. In case of the automotive industry it has mostly been in favour. Well who wouldn’t like the idea of a simple tax regime which is applied once where the product is actually sold. The older system, which comprised of (if i … Read more

The Govt is Not Happy with NGT’s Ruling; Believes it is Against Motor Vehicle Act

Article 21 of the Indian Constitution gives citizens the right to a healthy environment. To make this a reality, the Government of India established the National Green Tribunal (NGT) in 2010. 6 years down the line, the court has become a pain in the neck for the creators. A bitter war has been going on … Read more

Four Wheeler Industry: Performance Analysis and Future Problems

The auto industry in the financial year so far had a balanced first quarter. Things do seem calm for now but is it the lull before a storm? Hope though has not been lost. The industry wizards have high expectations from the forthcoming months thanks to the announcement of the seventh pay commission and possibility … Read more