India proposes relaxing fuel efficiency norms for small cars boosting Maruti Suzuki shares

India has proposed easing fuel efficiency standards for small cars, potentially benefiting Maruti Suzuki, whose shares surged to a record high. The proposed changes offer carbon saving benefits for petrol cars under 909 kg and four meters, departing from industry consensus. This move could reduce pressure to electrify small cars, despite concerns about giving Maruti an unfair advantage.

from Auto-Industry-Economic Times https://ift.tt/1abtPwh