Posts

Showing posts with the label car

Do you own a car? Be ready to start paying more for your cooking gas

Image
The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy LATEST NEWS :  If you own a car, you might soon have to forgo the subsidy on your LPG cylinders . By eliminating 36 million fake connections through Direct Benefit Transfer for LPG (DBTL), the government has saved nearly Rs 30,000 crore of cooking gas subsidy. Now, it is planning to strike car owners off the subsidy list. Sources in the government said the idea was in its initial stage. The government had collected registration details of cars from regional transport offices (RTO) in a few districts. If it worked out, there could be huge savings on subsidy. A lot of people who have two or three cars were also taking subsidy at present. The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy. For deciding on the income cap, the Ministry of Petroleum and Natural Gas had taken details of LPG customers fr...

Maruti's most expensive car, S-Cross, crosses its first major milestone

Image
It was after a long gap Maruti came up with a product that was priced well above Rs 1 million mark S-Cross , the most expensive vehicle from Maruti Suzuki, has managed to cross a milestone of 50,000 units in sales. Launched in August 2015, the vehicle had seen an initial phase of weakness due to its pricing and competition from Hyundai’s Creta, launched days before S-Cross. Raed this: Maruti 's new Dzire will roll out on 16 May: What to expect The country’s largest car maker has sold over 46,000 units of S-Cross in domestic market since launch, data with Siam showed. More than 4,000 vehicles have been exported to different destinations. The vehicle, positioned as a crossover, had seen challenges post the launch. Within a couple of months of the launch in August 2015, there was a sizeable discount of up to Rs 90,000 on S-Cross. Maruti admitted it went wrong on pricing of the 1.6 litre vehicle.  When the S-Cross was launched, the 1.6-litre option was priced at Rs 1...