Latest News Updates from Indian Automobile Industry

Petrol price hiked by Rs.1.69 a litre, diesel by 50 paise

New Delhi, June 30 State-run oil marketing companies (OMCs) Monday hiked the petrol price by Rs.1.69 a litre, excluding taxes, effective from midnight, owing to a rise in global oil prices and exchange rates.

May automobile sales a mixed bag (Roundup)

New Delhi, June 2 Dented by high fuel and interest costs in a slower economy, automobile manufacturers reported mixed sales for last month.

Automobile industry welcomes extension in excise duty cut

New Delhi, June 25 Indian automobile industry Wednesday welcomed Finance Minister Arun Jaitley's move to extend excise duty cut on several product types of the sector for another six months till December.

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