Wednesday, October 9, 2024

More sops to boost scrapping of old vehicles in works

India plans to extend more incentives for scrapping old vehicles due to poor response from owners. A review of the vehicle scrapping policy is underway to identify additional incentives. The unorganised sector offers better value, making it harder for registered scrapping facilities to compete. Options include raising rebates on registration charges and offering discounts on new vehicles.

from Auto-Industry-Economic Times https://ift.tt/DSKprx0

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...