Auto Makers Offer Discounts for Vehicle Scrapping

30 Aug 2024 CW Team

Major automotive companies are incentivizing customers to scrap their old vehicles by offering discounts ranging from 1.5% to 3.5% on new vehicle purchases. This initiative is part of a broader effort to promote vehicle replacement and enhance environmental sustainability.

The discounts are aimed at encouraging the scrapping of older, less efficient vehicles in favor of newer models that meet stringent emission standards. By removing older vehicles from the road, this initiative seeks to reduce pollution and contribute to cleaner air quality.

Additionally, the scrap schemes align with broader government and industry goals to modernize the vehicle fleet and support environmental regulations. Customers who take advantage of these discounts not only benefit from financial savings but also contribute to reducing their carbon footprint.

These offers are expected to drive higher sales for auto manufacturers while supporting the transition to more eco-friendly vehicles. As part of the broader push for sustainability, the scrapping and replacement of old vehicles with newer, cleaner models are seen as key steps toward a greener automotive industry.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..