Innovation increasing in hybrid-electric CV market

Growing concern for the environment and desire for efficiency are driving demand for electric vehicles. While considerable progress has been made in consumer vehicles in this area, commercial vehicles have so far seen less innovation. However, this is beginning to...

Mercedes-Benz sales up 3.3% at 29,092 units in US

German luxury carmaker Mercedes-Benz has reported 3.3 percent increase in US and stood at 29,092 units for the month of March 2017, informed the company in a media release. Adding 2,871 units for Vans and 389 units for smart, Mercedes-Benz...

GST Council clears bulk of rules for new tax regime

The council approved five rules dealing with registration, refunds, returns, invoice-debit and credit note payments that have been amended in line with changes to the GST laws. The GST Council cleared the bulk of the rules framework that constitutes the...

Ferrari once owned by Donald Trump to go on auction

The Ferrari is expected to raise between $250,000 and $350,000, the auction house said. "It's exciting," visitor Russell DiPerna said. "President Donald Trump is obviously a world leader now." A 10-year-old red Ferrari set to go on auction in Florida...