Month: December 2019

India has made a pitch after it decided to stay away from the Regional Comprehensive Economic Partnership (RCEP) agreement, the mega trade block comprising China, Japan, Korea, the Asean countries, Australia and New Zealand. NEW DELHI: The government is indicating flexibility in reducing import duties on wines & spirits and automobiles as part of the
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  The 2019 motorsports season was an action packed year around the globe, with established greats reaching new levels of success. This season also saw newcomers get plenty of shining moments. Here’s the best bits that happened this year for international motorsports.   Lewis Hamilton Inches Closer To Schumacher’s Title Tally In the world of
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Clockwise L-R: Kushal Karwa, Nitin Rana, Amit Bhasin, Rishabh Karwa By Shubhangi Bhatia New Delhi: Automobile repair and service solution startup, GoMechanic has raised Rs 105 cr ($ 14.7 mn) in a Series-B funding round, led by Chiratae Ventures and Sequoia Capital. The funding was also contributed by existing investor partner Orios Venture Partners. The
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Tata Motors has joined hands with Prakriti E-Mobility Private Limited to supply Tigor EVs in New Delhi. Prakriti E-Mobility Private Limited is an eco-friendly cab aggregator co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari. Tata Motors will supply 500 Tigor EVs to Prakriti E-Mobility, with the first 160 cars expected to start service by
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Due to ongoing downturn in China, the auto sales in the country dropped for 17th consecutive month in November. New Delhi: Analyzing the vital economic contribution of the automotive industry a technical job-placement firm Fircroft in one its report on the industry said that if global automotive manufacturing were its own country, it would be
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Volkswagen has been in the news lately, thanks to its future plans focused on petrol powertrains. The German carmaker has made it clear that it will prioritise petrol engines while the diesel engines starting with the 1.5-litre TDI in the Vento and the Polo will be discontinued soon. With diesels out of the equation, for
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The company had launched the Activa scooter and Shine motorcycle under the BS-VI variant. PUNE: Honda Motorcycle and Scooter India (HMSI) said that it has sold 60,000 units of its Bharat Stage VI (BSVI) emission complaint two wheelers, a quarter before the standards mandatorily kick in for the entire industry. The company had launched the
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9:26 AM ET We assembled an international team of Formula One journalists to give their opinions on the biggest questions about the 2010s and to predict which drivers might help shape the next decade of racing. Who was better at their peak — dominant Sebastian Vettel (2010-2013), or dominant Lewis Hamilton (2014-2019)? Laurence Edmondson, ESPN:
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1:59 PM ET Associated Press Dale Coyne hired Spanish driver Alex Palou to drive the 2020 IndyCar season Thursday, the latest twist in a wild offseason of seat changes that has left a handful of decorated veteran drivers still looking for rides. Coyne did not announce a car number for Palou, who will race for
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Vehicle prices have increased sharply over the past year, compared to average income levels. New Delhi: Passenger vehicle sales are headed towards posting their steepest fall ever this year, with slowing economic activity, high vehicle prices, sparse credit availability and weak consumer sentiment weighing on demand through 2019. The industry is estimating sales to fall
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This year witnessed quite a substantial number of launches with two new brands — Kia and MG — starting their operations in India. The main talking points were the offerings from these two brands along with BS6 woes and the industry slowdown. Not to forget the countless inflow of spy images from automotive paparazzi all
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5:54 AM ET Charles Leclerc will be a Ferrari driver for the next five years after signing a contract extension keeping him at the team until the end of the 2024 season. Leclerc joined Ferrari as a race driver in 2019 but has been a member of the Ferrari Driver Academy since his championship-winning GP3
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