MG Motor launches MPV Hector Plus in India

MG Motor launches MPV Hector Plus in India

The MG Motor MPV Hector Plus comes in three engine option variants: petrol, diesel, and hybrid petrol. Morris Garages (MG) Motor India on Monday formally entered the multi-purpose vehicle (MPV) segment by launching the Hector Plus, which is an extension of the automobile company’s existing SUV Hector. Some of the highlightable features of the MPV […]

Maruti Suzuki-Toyota Plan To Set-up Scrappage Plant In India

Maruti Suzuki-Toyota Plan To Set-up Scrappage Plant In India

The Maruti Suzuki-Toyota partnership was confirmed in 2017, which would see the carmakers access either party’s pool of vehicles that would be rebadged and sold under their respective brands. It now seems, the automakers are planning to take the partnership a step further and are in the process of setting up a scrappage plant together […]

GST on EVs slashed from 12% to 5%

GST on EVs slashed from 12% to 5%

In a landmark move by the government, the GST Council has brought down the GST rate on electric vehicles (EVs) to 5 per cent from 12 per cent. The move has come as a shot in the arm for the auto industry which has been pushing for a tax boost to promote the sale of […]

Volkswagen suspends arrested Audi CEO Rupert Stadler, names interim boss

Volkswagen suspends arrested Audi CEO Rupert Stadler, names interim boss

Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe. Audi said Stadler, 55, had requested to temporarily step down from his position, and named sales executive Abraham Schot as an interim replacement with […]

Elon Musk emails staff alleging employee ‘sabotage’

Elon Musk emails staff alleging employee ‘sabotage’

Tesla Inc Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted “extensive and damaging sabotage” to the company’s operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data to unnamed third parties. Company […]

Tata considering British businessman Sir George Buckley for top job?

Tata considering British businessman Sir George Buckley for top job?

Tata Sons may be considering British Businessman Sir George Buckley to fill the chair left empty after ex-Chairman Cyrus Mistry’s ouster. According to a brief report by moneycontrol, “Tata Sons is said to have approached Sir George Buckley,” to replace Mistry. The report cited Sky News as its source. The move comes at a time […]