Auto makers heave a sigh of relief as the Supreme Court on Friday lifted the existing diesel ban in Delhi-NCR region and allowed the vehicles back on road. Diesel cars and SUVs with engines over 2000cc were banned in the capital in December 2015 following the concerns expressed by the Green Tribunal as a measure to prevent further air pollution
This came as a huge shocker to the big car makers like Mercedes, Mahindra and Toyota who earned a major portion of their revenue from the diesel segment vehicles in the Delhi- NCR.
Following this, a joint petition was made by the Mercedes, a Toyota dealer and SIAM to remove the existing ban stating that they were ready to pay a cess until a judgement has been made on the Diesel engine's contribution to air pollution in the capital. They appealed on the ground that the pollution was not caused by the diesel vehicles alone and the right reason need to be figured out soon.
On Friday , a bench headed by Chief Justice of India T.S.Thakur modified the ban stating that the auto companies will be charged a 1% of the ex-showroom price on all diesel vehicles as 'Environment Protection Charges' towards the compensation for the pollution that their vehicles are likely to cause.
This judgement was opposed by the Central Government claiming that any right to levy tax was the right of the legislative and not to be done by any court. The Supreme Court is said to have agreed to consider this opposition positively.
Meanwhile, the environment charges will have to be paid by the manufacturers to a private bank in the state. Whether this tax will be passed on to the customers is yet unknown, but the automobile giants seemed to have been completely relieved after the removal of the ban. A top official from Mahindra said that they can now focus better on producing vehicles that comply with BS 6 norms.
Jaguar F-Pace received a petrol variant Prestige at a price of Rs.63.17 lakh in addition to the diesel variant that is on sale in India. The company began production of this model last year and had launched the diesel variant at Rs.63.57 lakh. Bookings or the petrol version of F-Pace has begun already at all Jaguar Land Rover dealerships in the country.
2018 Ford Aspire was launched yesterday in India at a price of Rs.5.55 lakh (Ex-showroom Delhi). The updated version of the brand’s best-selling compact sedan comes with a new 1.2L three cylinder TiVCT Dragon series petrol engine that makes 96bhp as reported earlier on our Trending News updates.
• 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.