Sunday, February 14, 2021

Cost cuts, exports help Daimler halve India losses in FY20

Led by improved operating performance and higher responsibility given to India by the global office in terms of development, sourcing and exports, DICV announced close to $300 million investment in India in May of 2020 for the period of next three to five years.

from Auto-Industry-Economic Times https://ift.tt/3al02On

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Michelin to roll out locally-produced PV tyres this year; aims to ramp up portfolio

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