The Centre is likely to cut the oil subsidy bill by over 60 per cent in FY15. A report from ET suggests that it is making the move due to global oil prices reaching a new multi-year low. The Central Government currently provides subsidies to the oil companies’ on the price of diesel, domestic LPG and kerosene.
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Fiat customers, free your calendar this weekend to get your cars checked before the winters are here. Fiat India has organised a winter check-up camp from October 17 to 19, where Fiat owners can get their cars examined for free. They will also get various discounts on other services at all Fiat dealerships across 96 cities across India.
Suzuki reportedly has been operating its Hungary plant at a reduced capacity for quite some time now. While news of this scaled-back production run doesn’t hold much interest to us, what’s worth noting here is that the Japanese automaker has ceased production of the Splash hatchback (Maruti Ritz).
The forces of fortune seem to be showering their blessing on Italian automaker Lamborghini as it has already managed to sell 3,000 units of the Huracan supercar within just 10 months of its launch. The Sant'agata Bolognese- based manufacturer already has big plans for its baby super car and is expected to launch a host of special editions once the car hits the one year mark.
The Toyota Innova is currently the leader in the MPV segment and has been a constant seller for Toyota since its inception in 2005. However, the competition is believed to be catching up and it seems that the Japanese automaker has taken note of this and will introduce a new model by the end of next year. The test mule for this model has been spotted outside Bengaluru, most likely near their factory in Bidadi.
As McLaren and Honda have joined hands for the 2015 Formula 1 World Championship after 22 long years, the Japanese automaker has revealed its powerhouse which is currently in development. During the recent Japanese Grand Prix, Honda offered a preview of this new turbocharged engine in the form of a film including the sound of the engine revving.
Hybrid cars are boring to drive and to look at, while we crave for one that can be quick and be at least good for a second glance it seems like Manhart Racing has an answer. The tuning company has released a couple of rendered images of its upcoming performance BMW i8. Details are scarce, but the two images reveal the car will get yellow brake calipers, yellow accents and lightweight alloy wheels.
According to a source, all BMW X models (SUVs) will get a long wheelbase version in the future. While it is easy to assume that the larger X models like the X5 and the probable X7 may get long wheelbase versions, if this rumour were to be true, even the smaller X1 and X3 will get LWB versions.
Skoda officially unveiled the new Fabia ahead of the car’s public debut at the upcoming Paris Motor Show in October. The Czech automaker has now released new pictures and more details on the European supermini.
Datsun is all set to re-launch itself in South Africa. The brand is ready hit the local market on October 20, more than 30 years after pulling out of the global markets in 1981. Nissan, as we know, is behind the revival of the Datsun brand in certain budget markets, including India.