This week in Auto: MG Hector to be launched in June; Internet cars are the future

Imagine starting the car and setting the temperature at the desired level despite being nowhere near the vehicle or giving the vehicle a wireless software update just like cell phones. Just about five years ago these features might have seemed like a scene for a sci-fi movie but they are closer to reality than expected. For an enriching and effortless experience of owning a car, auto companies are making them simpler and hassle-free by using technology. More on this later in the wrap of today. Here is a list of…

Global Growth to Revive Later This Year as World’s Central Banks Agree to Ease Interest Rates

Washington: The global economy is likely to pull out of a brief growth slump later this year with a little help from the world’s central banks and from US and Chinese trade negotiators. Global finance leaders gathered from the spring meetings of the International Monetary Fund and the World Bank agree that the global economy has lost momentum this year. But they expect growth to pick up in the second half of 2019, as central bankers ease up on interest rates.       Still, a trade standoff between the United…

Volkswagen Ameo to Hyundai Tucson: Cars with Rs. 1 lakh plus discounts this April

2019 is turning out to be a tough year for auto manufacturers as the sales have come down compared to the previous months. To counter the same, manufacturers are offering big discounts on their lineup of cars. While discounts near about Rs. 50,000 are being offered by several manufacturers, many cars are running with discounts worth more than Rs. 1 lakh or near that sum. If you have been looking for a great value for money deal on a car, here is a list of cars being sold with discounts…