Total domestic sales also saw a steep decline of 24% to 168,747 units in February 2020
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Honda Cars India registers domestic dispatches of 7,269 units of BS-6 vehicles in February 2020
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Tata Motors registered domestic sales of 38,002 units in February 2020
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The company has sold 158 units of its electric SUV ZS EV.
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Hyundai declined to say how much its subsidies will amount to. Globally, the company is betting heavily on hydrogen with plans to spend $6.7 billion on hydrogen technology by 2030.
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Delivery waiting period of the e-bike brought down from 5 months to 90 days.
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CADISA is representing brand TVS Motor Company across Guatemala and El Salvador.
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Tesla registrations fluctuate significantly from month to month, LMC data showed. The automaker typically delivers many more vehicles in the final month of a quarter than in the first month.
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Shares of the automaker dropped more than 5% after the news, while the wider market was down 2.6%. The closing deals a fresh setback to Hyundai Motor, which has gradually resumed production at local plants hit by a Chinese parts shortage in the wake of the virus outbreak.
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Tata Capital Financial Services denied the allegations and said it would also support inquiries, adding it had separately taken legal action against the dealer, which it said had defaulted.
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