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Aprilia Tuono V4R 1000CC Superbike India Launch Soon–Detailed Specifications Features & Price Posted: 04 May 2011 11:05 AM PDT The two wheeler segment of our market has countless products but recently when Bajaj introduced a new category by launching Kawasaki Ninja 250R, things changed drastically which even pulled other manufacturers to show their respective potential in the very segment of superbikes. Couple of months have passed since Kawasaki stepped in and now the segment is flourishing like never before. Kawasaki has already announced of introducing Kawasaki Ninja 650R while Honda has also launched its Honda CBR250. In fact BMW also jumped with its amazingly powerful BMW S1000RR. Aprilia, the 4th largest superbike manufacturer in the world had shown its interest in bringing Aprilia RSV4 Factory superbike in India and probably the bookings of the same will begin soon through Piaggio's aid. The same manufacture is now reported to be keen on launching another product of its superbike league in the months to come, the Aprilia Tuono V4R. Like all other Aprilia bikes the Tuono gets the same distinctive visor and are too attractive to look at. The company has become the modern motorcycling legend with 33 championships, 254 MotoGP World Championship wins and 8 superbike victories. Such record figures are good enough to justify the performance of the machines [...] Aprilia Tuono V4R 1000CC Superbike India Launch Soon–Detailed Specifications Features & Price is a post from: Copyrights 2010 CarBlogIndia - All About Automobiles. All Rights Reserved. Copyright Policy Connect With CarBlogIndia |
Supreme Court Orders Skoda India To Pay 30 Crore Posted: 04 May 2011 10:55 AM PDT Skoda Auto India has been struggling for its place in the small car segment and still battling for a firm position in the sedan category and recently it has been hit by another problem. The Supreme Court has ordered Skoda to pay Rs. 30 crore to the Customs Department supporting the argument made by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). A USD 45 million royalty paid to the Volkswagen group which is Skoda's parent company, incurs this imposed duty and even Bombay High Court had rejected Skoda's petition against this imposition. The 30 crore deposit is to be made to the Customs Department towards a duty of Rs. 194 crore and the court has a given a 4 week respite to do the same. As per Custom Department's report, for a technology transfer the company had made a partial payment of $ 45 million for 45,000 car kit units supplied by the parent company. The VW subsidiary has been exporting kits to Skoda's Aurangabad facility and the current issue arose during a search operation where it was found that the money was being shown as payment for technology transfer agreement and not accounted for procuring kits [...] Supreme Court Orders Skoda India To Pay 30 Crore is a post from: Copyrights 2010 CarBlogIndia - All About Automobiles. All Rights Reserved. Copyright Policy Connect With CarBlogIndia |
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