Thursday, June 30, 2022

GM deal to sell Talegaon plant to China’s Great Wall Motor collapses

With the $1 billion Great Wall Motors proposal stuck over lack of FDI clearance for over two years, the company has been compelled to look at alternatives, even as it fights out a legal battle with the employees for sale.

from Auto-Industry-Economic Times https://ift.tt/9HNonAX
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Auto companies push for easing of fuel efficiency norms

Automakers are urging the government to relax new CAFE III fuel efficiency norms, set to begin in April 2027, due to the low penetration of ...