Registers Cumulative Sales of 52,002 Units in January 2020.
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In a move to encourage make in India, Customs duty on vehicles brought to India in completely knocked down (CKD) form is proposed to be raised to 15 percent, up from 10 percent presently from April 1.
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Finance Minister Nirmala Sitharaman said this budget was aimed to boosting incomes and enhancing purchasing power
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SAIC's India unit, expects significant disruption in supply chain from European, Chinese and other Asian suppliers.
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Gross domestic product in the 19 countries sharing the euro rose 0.1% quarter-on-quarter for a 1.0% year-on-year gain, according to Eurostat, the European Union's statistics office.
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Volkswagen floated an 11.5% stake in Traton last June. The subsidiary's shares have trended down from the 27 euro offering price and are trading at 23.23 euros.
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Lexus India also announces local assembly of its select portfolio
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Gadkari also suggested the states to shift from diesel to LNG
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JK Tyre maintains momentum through higher exports & replacement market sales.
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The India debut concept car- Vision 2025, a battery electric vehicle will be unveiled at Auto Expo.
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