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High tax on luxury cars restricting market: JLR India

Sunday, July 21, 2019, 12:03 PM

Jaguar Land Rover (JLR) can assemble more models in India if the taxation structure is "reasonable" and allows for a viable business case, a top company official said. The company said lowering of GST from the current 28 percent to 18 percent would help the industry recover from the slowdown and in turn spur employment generation.
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"Hum Do Hamare Do": Supreme Court Calls For "Family Planning" Of Cars

Saturday, March 30, 2019, 5:06 PM

The SC called for the family planning of cars owned by a household on the lines of "Hum Do Hamare Do" campaign as it expressed concern over one-person having as many as five cars. "Every earning member of a family has a car, but one man having five cars! There should be a family planning of cars. Hum do hamare do," said Justice Mishra.
 
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Tata Motors to bid adieu to Nano from April 2020

Friday, January 25, 2019, 1:07 PM

Tata Motors has no plans to invest and upgrade Ratan Tata's dream car Nano to meet BS-VI standards, a senior company official said indicating that the production and sales of the vehicle would stop from April 2020. The entry-level car, brainchild of Ratan Tata who envisaged giving a safer and affordable alternative to families riding on two-wheelers, received lacklustre response from the Indian consumer.

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