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RBI's rate cut may be 'too little, too late,' say auto manufacturers

Jan 15, 2015

RBI's rate cut may be 'too little, too late,' say auto manufacturers

Automobile manufacturers today termed the RBI's decision to reduce interest by 25 basis points as "too little, too late" although they hoped that it would lead to softening of lending rates in future. #RBI #Interest rates #Ashok Leyland #Raghuram Rajan #Growth #RBI Governor #Rate cut #GM #auto makers
Mercedes-Benz guilty of price manipulation in after-sales services, says China

Aug 18, 2014

Mercedes-Benz guilty of price manipulation in after-sales services, says China

The Jiangsu Province Price Bureau, which launched its investigation last month, found evidence of anti-competitive practices after raiding Mercedes-Benz dealerships in the province as well as an office in Shanghai #China #Jaguar Land Rover #Microsoft #car #BMW #Volkswagen #Audi #Mercedes Benz #auto maker #Anti-trust #Anti-competition #Anti-Monopoly #price manipulation
Chinese car dealers cheer regulator's drive to curb brands pricing power

Aug 13, 2014

Chinese car dealers cheer regulator's drive to curb brands pricing power

Foreign brands including Jaguar Land Rover, Volkswagen AG's Audi, BMW and Mercedes-Benz are scrambling to lower prices for both new cars and spare parts in an effort to appease Chinese regulators who have accused some of them of anti-competitive behavour. #China #Jaguar Land Rover #Microsoft #car #BMW #Volkswagen #Audi #Mercedes Benz #auto maker #Anti-trust #Anti-competition #Anti-Monopoly
Legal tangle: Why GM, Suzuki, Ford are India's next tax target

Apr 16, 2013

Legal tangle: Why GM, Suzuki, Ford are India's next tax target

Indian tax officials have opened up a new front in their battle to increase revenue collected from companies, targeting manufacturing firms that slash prices below cost in order to sell slow-moving inventory. #ThisisNext #Tax evasion #Tax #auto makers #Manufacturing companies
Here's what ails Volkswagen in India

Sep 07, 2012

Here's what ails Volkswagen in India

Problems at the supply end for brand VW, slower-than-expected expansion of dealership network and lack of products which can directly compete with market leaders like Maruti Suzuki are are hurting VW's immediate growth prospects. #ToWhatEffect #Volkswagen #Vento #Polo #auto makers
Tata Motors loses 12%, Nifty ends below 5000 ahead of GDP data

May 30, 2012

Tata Motors loses 12%, Nifty ends below 5000 ahead of GDP data

The BSE and the Nifty fell 0.77% today making it a volatile day for traders. The star of the day was M&M which posted buoyant 44% profit while Tata motors stock plummeted owing to JLR margins. #UBS AG #Tata Motors #BSE #Jaguar Land Rover #Mahindra & Mahindra Limited #MarketClose #Shree Renuka #auto maker