Monday, August 23, 2021

Competition Commission of India fines Maruti Suzuki Rs 2 billion over dealer discount policy

CCI in 2019 started looking into allegations that Maruti forces its dealers to limit the discounts they offer, effectively stifling competition among them and harming consumers who could have benefited from lower prices if dealers operated freely.

from Auto-Industry-Economic Times https://ift.tt/3mp3ZIg

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...