Wednesday, August 18, 2021

Renault-Nissan ordered to pay additional wages, despite warning India unit could become 'unviable'

A tribunal has ordered Renault-Nissan to pay its 3,542 workers an average of over Rs 7,100 ($96) a month in backdated dues as interim relief, according to an Aug. 16 order. The payments, higher than the consortium's initial offer of $30 a month but lower than the union's demand of $270, would cost Renault-Nissan about $9.53 million in total.

from Auto-Industry-Economic Times https://ift.tt/3mcGWAv

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...