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Policy● Neutral for Indian equities
No old car to scrap? Buying a scrappage certificate could still save money
The brief
- Buyers without an old vehicle can purchase a scrappage certificate to claim benefits on a new car
- Savings depend on state rules and vehicle category
- Scrappage incentives may influence demand across Indian carmakers
- Tata Motors launches Aeris at ₹5.29 lakh, targets 7.5 lakh-plus annual vehicle sales, EVs remain in focus
- Trump admin to roll out lower fuel economy standards for cars, light trucks
- Thar, Scorpio, XUV 7XO may get costlier as Mahindra weighs another SUV price hike
- Mahindra weighs another SUV price increase as commodity costs rise
- Tata Motors focuses on sedan amid mounting cost pressures