Delhi LG VK Saxena directs enforcement agencies to refrain from coercive action against bona fide vintage vehicles
"For vintage and classic cars, the majority of collectors tend to be between 45 and 85 years"
But there is a mismatch in the rules and their implementation on the ground
The DRI accused Raymond Group CMD Gautam Singhania of evading custom duties on the import of 142 vehicles, including 138 vintage cars
Nearly 50 vintage cars, including a 1928 Rolls Royce Phantom I, and more than 20 classic motorcycles will be put on display at an event here on Sunday being organised by the Delhi government in the lead-up to the G20 Summit. The event, "Vintage for Life -- The G20 Vintage Vehicles Drive", is being co-hosted by the Delhi government's Transport Department in partnership with the Heritage Motoring Club of India (HMCI), and will be flagged off by Lieutenant Governor V K Saxena on February 26 from the Major Dhyan Chand National Stadium. "About 50 vintage cars, and 23 vintage motorcycles and bikes will be part of the event that also puts special focus on the G20. The oldest cars taking part in it is of 1928 vintage while the least old is of 1970s period," a senior official of HMCI told PTI. The 1928 vintage cars include a Rolls Royce Phantom I and a Model A Ford, he said. The rally seeks to shine a spotlight on the fact that India is chairing the G20 at present, as also to spread the ...
From a preservation-class 1934 Cadillac imperial sedan to a vintage Fiat 'Topolino', 20 old automobiles are set to go under the hammer in December
Daytona SP3 debuted Saturday at Mugello Circuit
You'd be lucky to see one of these obscure Italian-American hybrids in the wild, let alone get your hand on one. But here's why you should, writes
The last word in heritage and the ultimate status symbol, automobile antiques change hands in a close-knit market with huge entry, though not necessarily insurmountable barriers
The move is aimed at helping collectors of such vehicles avoid harassments from enforcement agencies, an official said.
Over the past eight years, the price of classic models has risen 163 per cent
But do it for the love of owning such a vehicle because there is no guarantee of return on the money spent