Diabytes
Auto market News
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The country's largest car maker Maruti Suzuki India (MSI) on Wednesday reported a 10.9 percent increase in total sales at 1,30,280 units in February as against 1,17,451 in the year-ago month.
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The auto market in India is flooded with sedans, hatchbacks and SUVs. Let's have a look at five SUVs in India below Rs 10 lakh.
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China`s auto sales fell year-on-year in June, an industry group said Friday, as a slowing economy and rollercoaster stocks hit demand in the world`s largest car market.
The slowdown in major auto markets like China, Europe and Brazil has offered India an opportunity to attract foreign investments. However, infrastructural improvement along with ease of doing business, and better policies are required to ensure this sector`s growth, says JD Power, a US-based global marketing information services firm.
Auto major Mahindra & Mahindra plans to launch three new vehicles, including two compact SUVs, next year as it looks to strengthen its position in the domestic market.
As per the Competition Act 2002, orders passed by the Competition Commission of India can be challenged before the COMPAT (Competition Appellate Tribunal) within 60 days.
Local carmaker Tata Motors Ltd was handed the highest penalty of 13.46 billion rupees.
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