201230 Apr

Maruti-A-Star-S.jpg India’s leading car manufacturer Maruti Suzuki India Limited exported its one millionth vehicle here today. The glistening red coloured A-star left the Mundra coast line along with 2,200 other vehicles for various international destinations including Malta, Sweden, Switzerland in Europe and Egypt, Algeria and Morocco in the non-European destinations.

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201216 Mar

budget-S.jpg Car prices are set to rise in India, after a 2 % hike in basic excise duty from the present 10% to the proposed 12 %. Additionally, excise duty on large cars will also increase from 22% presently to 24%. However, the government has decided against imposing a ‘diesel tax’, a move which has brought some respite to car-makers in the country.

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