India’s largest automaker expects next year to be “much better” than 2020 as the economy recovers and consumers emerge from pandemic-induced lockdowns to buy their vehicles. Maruti Suzuki India Ltd., the local unit of Suzuki Motor Corp. of Japan, expects retail sales in December to be “pretty good” as there …
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Even before dethroning Donald Trump from the White House, US President-elect Joe Biden has talked a lot about change in the auto industry to support his broader climate plan. After being officially sworn in, Biden is ready to implement his policies to increase production of electric vehicles, offer incentives for …
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Union Minister Nitin Gadkari said the Center is very close to finalizing the new vehicle scrapping policy for the country. Speaking at the ACMA 60th Annual Session, Gadkari’s statements on the state of the policy will bring relief to many automakers who have been demanding it for some time. Gadkari …
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MUMBAI: The long-awaited vehicle scrapping policy is in the final stages of approval and will be implemented within a month, Minister of Highway and Highway Transport Nitin Gadkari said on Saturday. “The policy of scrapping vehicles is very important for the reactivation of the automotive industry. I assure you that …
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Trade and Industry Minister Piyush Goyal on Friday called on car companies present in India to reduce royalty payments to their parent companies as it would help them weather the crisis with ease. The minister said this while addressing the annual convention of the Society of Indian Automobile Manufacturers (SIAM). …
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