The diesel vehicle ban is going to create socioeconomic problems in the country.
The diesel vehicle ban is going to create socioeconomic problems in the country. Nitin Gadkari Union Transport minister said that road shopping sector is likely attract investment to the tune of Rs.25 lakh which will lead to an increase of GDP by 3 percent.
Ban on diesel cars, though meant for controlling pollution, the same could lead to socio economic issues. The minister said that when someone buys a car for taxi purpose on EMI terms how he is going to repay the loan. Hence social and economic issues are involved in this. According to the mister the Government will introduce BS VI emission norms (BS-VI standards, the industry will have to adopt Electronic Fuel Injection (EFI) system and also tweak the exhaust system) by 2020 for petrol and diesel. Also use of green fuel such as ethanol and biodiesel need to be started immediately.
The minister said for Delhi the government is building elevated corridors and ring roads as part of decongestion plan at an estimated cost of 30000 crore. The road shipping sector would attract investment to the tune of RS.25 LAKH CRORE and the same will provide job for 4 crore people.
Volvo launched their premium SUV, XC60 in a new avatar at a price of Rs.55.90 lakh. The second generation model appears in only one variant named Inscription and is based on the company’s in-house developed SPA platform.
Jaguar Land Rover launched their much anticipated SUV offering, Range Rover Velar in India at a starting price of Rs.78.83 lakh. Bookings for this vehicle had already begun in the beginning of this month. The Tata Motors owned company has now officially revealed the prices of the different variants of this particular model that has its base variant priced at Rs.78.83 lakh and top end variant at Rs.1.37 crore.
• Maruti Suzuki Ignis to be launched on 13th January 2017
• Addressed as a premium urban crossover, Ignis comes with a lot of unique features for the Indian specific model
• Available in both Petrol and Diesel trims and expected to be priced around Rs.5-7 lakh approximately
Hindustan Motors has signed an agreement with Peugeot, selling Ambassador Brand and certain related rights at a sum of Rs.80 crore. It also said that the proceeds of the sale will be used to clear all pending dues of employees and lenders.
Maruti Suzuki has launched the New Swift 2017 in Japan and it is just months away to the Indian launch. It is expected to reach India in the second half of 2017 and there has been some real buzz about it for quite some time now.
The unique and most loved car since 2005 has chosen a new avatar for the 2017 launch and is being awaited by the enthusiasts all over.
Honda WR-V (Winsome Runabout Vehicle), the sub compact crossover was unveiled at the 2016 Sao Paulo Motor Show in Brazil. Now, Honda is about to launch the same here in the country on March 16th, 2017. As WR-V rolls here, India will earn the name for being the first country to produce and launch it in the world. Previously named as the Jazz Twist, this crossover is based on the company’s best seller Honda Jazz but is slightly longer and taller than the latter.