Motorists buying electric cars in the UK will be able to claim on the government's £5,000 (Rs 5.09 lakh) incentive until at least 2017. The extended scheme comes as part of a wider initiative for an extra £500 million (Rs 5,098 crore) worth of funding to encourage the uptake of ultra-low emission vehicles. The funding, which will be made available from next year until 2020, is being used to create new jobs, grow the existing electric charging point network and encourage drivers to choose electric cars. By far the biggest chunk of funding, some £200 million (Rs 2,039 crore), will be used to extend the government's current plug-in electric vehicle grant, continuing the £5,000 incentive for buying an electric car. The grant has been extended until at least 2017, or until 50,000 electric cars have been sold. The plug-in electric vehicle grant was initially supposed to end in May next year, and offers drivers significant savings on cars like the Nissan Leaf, Renault … [Read more...] about UK extends Rs 5 lakh electric car grant to 2017
Rs 5 lakh
VW Group signs off new Rs 5 lakh car for its budget brand
Volkswagen has agreed the concept and design of its new budget city car, according to reports. Company officials told Reuters at the Beijing motor show last month that the car had been signed off, with project manager Hans Demant saying: "The concept and design are now in place. We will produce all components in China." Approval for the new brand has already been given by VW's higher management, with its first appearance scheduled for 2016. The marque's first model is expected to cost around £5,000 (Rs 5.09 lakh) and be built and sold almost exclusively in China. However, if the model proves successful, VW could expand its markets to include India, Latin America, Eastern Europe, the Baltic region and Africa. The project has previously hit cost problems, reportedly because of trouble engineering a budget car that could still hit VW's high internal quality standards. The firm's R&D boss Dr Heinz-Jakob Neusser told Autocar UK at the Geneva motor … [Read more...] about VW Group signs off new Rs 5 lakh car for its budget brand
5 Best Used Petrol Sedan Cars Under Rs. 5 Lakhs
For the worth of Rs. 5 lakhs you could opt for a fully loaded Maruti Suzuki Wagon R Petrol or a spacious Ford Figo. Are they fun to drive or do you look good driving those? What you really crave for are sedans, long hood, powerful engines, and excellent levels of equipment on board give you the feeling of a class above. The new ones will cost twice or may be thrice as much, not the kind of amount you can spend. Finding the exact car in the second hand market will surely suffice your needs for looks, rear seat comfort and performance. With the petrol prices soaring, petrol models have taken a huge hit in their resale value and you will be able to find a good example for less than Rs. 5 lakhs in the market. Make those Rs. 5 lakhs count, get the car you desire and still have some spare change to customize it to your tastes. We compile a list of the best second hand petrol sedan cars in Rs. 5 lakhs that you should choose. Honda Civic The only sore point to the Civic was the miserable … [Read more...] about 5 Best Used Petrol Sedan Cars Under Rs. 5 Lakhs
Volkswagen Compact Sedan To Be Priced Above Rs. 5 Lakhs, Launch In 2016
The Volkswagen compact sedan will be based on the Polo platform retaining the same petrol and diesel engine options and will be priced above Rs. 5 lakhs. Volkswagen India has been sustaining itself on the Polo hatchback and Vento sedan mass market models in the country (apart from exports) and sales are nowhere close to what the automaker had originally anticipated. Nonetheless, the company is working to tap the mass market segment further and has an India specific compact sedan in the making that everyone is looking forward to. Shedding some light on the upcoming model, Managing Director, Thierry Lespiaucq recently stated that Volkswagen will roll out the new compact sedan next year but won’t price it below Rs. 5 lakhs. The upcoming Volkswagen compact sedan will be based on the Polo platform and will feature a boot for the ideal three box design. Following the same design language seen on its existing models, the automaker will also retain the 1.2-litre petrol and 1.5-litre … [Read more...] about Volkswagen Compact Sedan To Be Priced Above Rs. 5 Lakhs, Launch In 2016
Fancy Car Registration Number For Just Rs. 5 Lakh
Some think it is foolishness and for others it is pride. For some, it is the numerology and for others it is simply a way to grab attention. Fancy car registration numbers have always been making news. Just four months back, we heard about a farmer spending a whooping Rs. 17 lakh for his car registration, thanks to his fetish for the number ONE. Well, there has been no regulation on the amount to be charged for acquiring such fancy registration numbers. Recently, the Transport Department decided to bring a change in this process. The department sent a proposal to the Delhi Government stating the plan to auction the registration numbers. There would be specific charges for certain numbers and this would bring uniformity in the entire system. As per the proposal, the fancy registration numbers would be allotted to private vehicles based on the availability of the numbers and the auction would take place every fortnight. The amount raised through this activity would be deposited into the … [Read more...] about Fancy Car Registration Number For Just Rs. 5 Lakh
India To Invest Rs. 5 Lakh Crore In Road Development By 2019
The Indian government plans to invest Rs. 5 lakh crore in building new highways and improving road conditions by 2019. Aim is to have roads which allows drivers to do 1000 kms in 6 hours! Revealing plans worth Rs. 5 lakh crore on the roadway sector, the road transport ministry has now announced a complete face change of roadways in India by 2019. The total venture is of Rs. 10 lakh crore out of which 50 percent will be invested in improving the shipping sector in the country. The flyover man of Maharashtra, Nitin Gadkari seems confident with the projects and aims to build up to 30 kms of new roads per day by March 2016. The government is being very optimistic with this, as previously the figure was 2 kms per day. After building the Mumbai-Pune expressway, the Minister promises to make visible changes in Delhi as well. Funds have never been an issue in building roadways as after the approval of the FDI, roadway sector has always been a keen area for investors. Also the government … [Read more...] about India To Invest Rs. 5 Lakh Crore In Road Development By 2019
‘December delight’: From Alto to Audi, get car discounts of up to Rs 9 lakh
Country's biggest car maker, Maruti Suzuki, has discounts on most of its entry segment small vehicles and the Ciaz sedan, which has been impacted due to increase in taxes on hybrid vehicles (under GST) and competition from new Honda City and the new Hyundai Verna. There are discounts and benefits worth Rs 35,000 on Maruti's most affordable car — Alto. Alto 800 begins at Rs 2.46 lakh while the AltoK10 starts at Rs 3.26 lakh. There are discounts of Rs 30,000-40,000 on the WagonR, Rs 15,000-25,000 on the Swift and up to Rs 90,000 on the diesel Ciaz. However, there is no discount on the best sellers like Brezza and Baleno. These benefits are in form of cash discounts, free accessories and insurance, among others. Korean car maker Hyundai, which stands second in the domestic market, has rolled out a 'December Delight' calling it the 'biggest car bonanza' of the year. On its entry-level Eon, the company is giving benefits of up to Rs 65,000 against a benefit of Rs 55,000 in December … [Read more...] about ‘December delight’: From Alto to Audi, get car discounts of up to Rs 9 lakh
Tata Motors launches Nano in Nepal at Rs 5 lakh
After foraying into the Sri Lankan market, Tata Motors today said it has officially launched its small car Nano in Nepal at a price tag starting from 7.98 lakh Nepal rupees (about Rs 5.01 lakh). "We are delighted to introduce the Tata Nano in Nepal. We are confident that with its comfort, performance and manoeuvrability, the Tata Nano is the ideal small car for discerning customers of Nepal and will win their hearts," Tata Motors Head International Business (Passenger Vehicles) Johnny Oommen said in a statement issued here.The car will be sold in the country through the company's authorised distributor, Sipradi Trading Pvt Ltd, and those authorised by it. The company said that all three variants of the car will be available for booking. Tata Motors had started sending the Nano to overseas markets from April, with the shipment of 498 units. Besides Nepal, the firm had launched the Nano in Sri Lanka at 9.25 lakh Sri Lankan rupees.Tata Motors, which has been … [Read more...] about Tata Motors launches Nano in Nepal at Rs 5 lakh
5 lakh hatchback? Or pre-owned luxury instead?
At last count there were 13 options in the market for a new hatchback for around Rs 5 lakh. That is a pretty big number to begin with, and with more options to be made available in the next year or so, it will be a mighty confusing task to choose one. But what if we told you that instead of buying yet another cramped car with a wheezy engine and not much flair, you could buy a yesteryears luxury car? Sounds tempting, doesn't it? So we decided to do a bit of looking around and came up with four cars that are worth taking a look. Each of them has a distinct character and unlike a hatch, is more than a mere practical tool. So hit the used car market and see if you can spot any of these:See, we wanted to give you an option just because you are the rational sort - which the Toyota Corolla is. First introduced in 2003, the Corolla became the de facto choice for those who wanted space and comfort, yet not lose out on efficiency. The 1.8-litre VVTi engine has enough grunt for the … [Read more...] about 5 lakh hatchback? Or pre-owned luxury instead?
Fiat rolls out petrol variant of Jeep Grand Cherokee at Rs 75 lakh
Jeep Grand Cherokee SRT Fiat Chrysler (FCA) on Wednesday added a petrol variant to their flagship product under the jeep brand. The new version of the Grand Cherokee Jeep is priced at Rs 75.15 lakh (ex-showroom, New Delhi). Powering the car is a 3.6-litre pentastar engine, coupled with an eight-speed automatic transmission with paddle shifters. The engine propels a maximum output of 286 horsepower (HP), while generating a peak torque of 347 newton metres (NM). Much like Fiat’s other Jeep products, the Grand Cherokee Petrol, being a directly imported product, will be on sale as a completely built unit (CBU).With the launch of the petrol variant, Fiat has also added two new colour options, Velvet Red and Diamond Black Crystal, to the Grand Cherokee range. Features like air-suspension, LED fog lamps, acoustic windshield and different drive select modes that are currently available in its diesel variants will be adopted across models. Under the … [Read more...] about Fiat rolls out petrol variant of Jeep Grand Cherokee at Rs 75 lakh