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Under the GST, the tax incidence on hybrid vehicles will go up to 43 percent from the current level of effective tax rate of 30.3 percent.

Consolidated revenues in Q4 were lower by Rs 9,032 crore due to translation impact of GBP (British pound) to the Indian rupee.

Germany has made good progress with China on how to introduce quotas aimed at producing more electric vehicles, Foreign Minister Sigmar Gabriel said.

Once the new plant comes on stream, Toyoda Gosei will have a production network of five plant locations in India.

Toyota Research Institute, a wholly owned unit of Toyota Motor North America, has teamed up with MIT Media lab and five other companies to explore blockchain technology for the development of driverless cars.

The Multistrada 950 is expected to cost Rs 11.43 lakh and the Monster 797 could cost Rs 7.82 lakh (all prices ex-showroom, Delhi).

he export-ready, Multix is claimed to be a purpose-built and custom-designed automotive solution that is meant to create a new category in the automotive segment, by the company.

Following criticism from Trump, in January Ford scrapped plans to build a $1.6 billion car factory in Mexico and instead added 700 jobs in Michigan.

Waymo and Lyft are joining forces against ridesharing giant Uber, which is racing to develop its own self-driving vehicles.

The company will unveil its upcoming compact SUV Skoda Karoq on 18 May in Stockholm.

Hamilton finished fourth in Russia, ending a run of eight successive podiums, and dropped 13 points behind Ferrari's championship leader Sebastian Vettel.

The hood's also been reimagined in carbon fiber to reduce weight and further improve engine breathing, while the front wheel arches extend a further 25mm.

The company had sold 54,420 units in April 2016.

The apex court on March 29 banned the sale and registration of BS-III category vehicles or those not compliant with Bharat Stage IV (BS IV) emission norms from April 1.

Commenting on the sales performance, Yamaha Motor India Sales Vice-President (Sales and Marketing) Roy Kurian said the company has been able to increase its sales despite recent challenges like ban on BS III inventory that the industry faced.

The KAMA is an industry group of South Korean automakers, including Hyundai Motor and Kia Motors.