Automobile / The Hindu Businessline
Reserves right to impose retaliatory duties on US goods that would result in duty collection of $723.75 million
The report stated that the overall domestic two-wheeler industry recorded a marginal 2% uptick in wholesale volumes
Since 2021-22, sales of light commercial vehicles have dipped
The industry association is concerned over the quality of domestic lot rubber which makes up 35% of total production
Indian automakers face rare earth magnet crisis due to Chinese refusal, leading to costly alternative sourcing strategies and higher consumer prices.
The composite scheme of arrangement, unveiled on June 30, includes the amalgamation of Anchemco India with Asia Investments, followed by the demerger of AIPLs automotive business into Gabriel.
After the latest transaction, Parekh brothers' holding in Jyoti CNC Automation declined to 4.8% from 10.82%
If there is a complaint from passengers about overcharging, cancellation of the journey if the higher fare is not paid, immediate action should be taken and the permit of such autos should be cancelled and a case should be registered