Kia Motors eyes full capacity utilisation in India with slew of new models
Kia Motors' manufacturing facility in Andhra Pradesh has an installed production capacity to roll out 3 lakh units per annum on a three shift basis.
Daimler 2019 profit down by half, diesel scandal weighs
Daimler said that its 2019 earnings before interest and tax are expected to slump to ...
Rly commissions govt's first waste to energy plant; to turn e waste, plastic into light diesel oil
The foot print of the plant is small hence...
Mercedes Benz banks on cleaner diesel engines to extend lead in India post BS VI implementation
The engines offer lower particulate matter emissions by 80% and 50-70% lower nitrogen oxide than BS VI limits. Besides, they deliver 15-25% higher fuel efficiency over petrol engines and come without much price premium over BS IV diesels. By contrast, mainstream carmakers anticipate price increases of 10% on transition.
Crude story: Oil demand rises 1.8% during April-December
“Severe winters in northern India and agitations in some states have disrupted normal economic activities,” the oil ministry’s monthly consumption review report said on December consumption. Sharp drop in the sale of diesel-fuelled vehicles, extended rain and preference for petrol vehicles weighed on diesel demand during the financial year, according to the report.
Reliance outpaces industry in petrol, diesel sales from its outlets
RIL outpaced industry in clocking double digit sales growth in petrol and diesel from its 1,400-odd outlets.
Expect auto sales to pick up in third quarter of 2020: Toyota Kirloskar
The automobile industry recorded its worst-ever sales decline in two decades in 2019, with an unprecedented slowdown hampering vehicle offtake across segments. The overall wholesale of vehicles declined 13.77 per cent to 2,30,73,438 units as against 2,67,58,787 units in 2018.
Petrol, diesel rates dip in Delhi on third consecutive day
Petrol and diesel prices continued to fall for the third consecutive day on Saturday. Petrol has become cheaper by 44 paise per liter in the national capital in these three days, while consumers have got a relief of 45 paise per liter in the price of diesel.
Audi India to drop diesel from April
Audi India declares to go diesel-free from April this year as it switches to BS6 norms. With this, there will no diesel options for models such as Q3 and Q5 SUVs and A3, A4 and A8 sedans. The focus for the carmaker will be electrification, including hybrids and full electrics, said Audi India head, Balbir Singh Dhillon.
Petrol, diesel prices cut after slump in crude rates
After no change on Wednesday, the fuel prices dropped on Thursday as the price of petrol was cut by 15 paise and that of diesel by 14 paise across all major cities in the country.
Maharashtra: MSEDCL ups its price to woo solar power makers
The company had floated tenders for buying 1,350MW with a cap of Rs3.15 per unit but got bids for only 5MW. Now it has increased the cap to Rs3.30 per unit and floated the tender again.
Government considering specific excise duty on ATF
Concessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an increase in price of the fuel because of global rate hike translates into an even higher price for airlines as the tax incidence also rises.
FCA India expands Jeep Compass range, drives in diesel automatic trims
Auto-maker FCA India on Tuesday launched two variants of its sports utility vehicle Jeep Compass priced up to Rs 24.99 lakh. The two variants -- Longitude and Limited Plus with all wheel drive (AWD 4x4) configuration powered by the locally manufactured BSVI-compliant 2 litre 173 HP turbo-diesel engine.
Audi bets on pre-owned car business and petrolisation to drive back to growth
The Audi Approved Plus — its used-car division that also sells the vehicles of other luxury brands — is eyeing 50% growth in 2020, even as the head of the company, Balbir Singh Dhillon, expects the market for new luxury cars to stay flat.
Trials on to convert diesel engines into electric: Piyush Goyal
Railways Minister Piyush Goyal addressed Rajya Sabha, saying India will be the first country to have an entirely electrified rail network. The government aims at converting diesel engines into electric ones, in its commitment towards environment protection. However, he said it is too early to ascertain the exact cost of the project at this stage.
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