• Tue. May 21st, 2024

Hero seeks 3 months to exhaust BS-IV stock; Tata Motors may shut down Pune plant – The GRS Solution

Hero seeks 3 months to exhaust BS-IV stock; Tata Motors may shut down Pune plant - The GRS Solution


The past week saw two new SUV launches but they almost went unnoticed. Hyundai and Volkswagen launched the new Creta and T-Roc respectively but they were overshadowed by news emerging due to coronavirus. That aside, Hero Motocorp quietly appealed to the SC for relaxation in the deadline of exhaustion of BS-IV stock.

In today’s automotive wrap find out why the company became the only one to do so even as its rivals appear to have managed their own BS-IV inventory better. But first here are the top headlines from the world of auto this week:-

Hyundai launches new Creta at Rs 9.99 lakh

Hyundai Motor India Ltd (HMIL) launched the new Creta on March 16 at an introductory price of Rs 9.99 lakh (ex-showroom, all-India).

HMIL offered the new SUV with three BS-VI compliant engine options – 1.5 litre petrol, 1.4 litre petrol and 1.5 litre diesel with price starting at Rs 9.99 lakh, Rs 16.16 lakh and Rs 9.99 lakh respectively.

Volkswagen launches T-Roc SUV at Rs 19.99 lakh

Volkswagen first debuted the T-Roc at the 2020 Auto Expo and has now launched the SUV in India. The T-Roc will be Volkswagen’s second SUV in India after the recent launch of the Tiguan Allspace.

The T-Roc, just like the Allspace, will come to India via the completely built-up (CBU) route under the 2,500 car per year import rule. The company is however just offering a single, fully-loaded variant of the T-Roc in India.

Apollo Tyres management takes a pay cut

The top management of Apollo Tyres has taken voluntary pay cut taking into account the impact of the coronavirus (COVID-19) pandemic on the automotive industry, the company informed the exchanges on March 20.

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Image and article originally from the-grs-solution.blogspot.com. Read the original article here.