Latest Updates Around The World
Jaguar Land Rover will begin assembling the Range Rover Evoque at a new factory in southern India on February 9, accelerating a shift to shift production and tap rising domestic demand for luxury cars.The first vehicle will roll out of Tata Motors Passenger Vehicles Ltd.’s 90 billion rupees ($994 million) Panapakkam plant in Tamil Nadu, […]
The Jain community has impressively demonstrated its formidable purchasing power by driving home 186 luxury cars after getting discounts of Rs 21 crore. This “unique deal” with luxury car brands such as BMW, Audi and Mercedes was brokered by the Jain International Trade Organization (JITO), Vice President Himanshu Shah told PTI on Saturday. JITO is […]
Shares of car manufacturers Tata Motors and Mahindra & Mahindra came under pressure on Monday after reports emerged that the Group or Ministers (GOM) panel suggested that they increase GST on luxury electric vehicles. Tata Motors fell by 1%, while M&M lost more than 2%. Hyundai also deposited 0.2% lower. The move occurs at the […]
