Slowdown in auto sector cyclical; govt taking steps to support through release of Rs 70,000 cr to PSU banks
Citing reasons for the slowdown in the auto sector, Javadekar said an increase in axle load limit for commercial vehicles by up to 25 percent expanded freight capacity, leading to shrinkage of new vehicle demand
Emission row: Volkswagen to object to certain recommendations of NGT panel, says vehicles from group BS-IV compliant
The company insisted that its vehicles were compliant with Indian emission norms and claimed that "the committee appointed by the NGT has accepted that Volkswagen Group India has not violated the permissible limits under BS-IV norms".
New vehicles with BS III compliant engines won’t be registered by local RTOs from April 1