Shock to Maruti Suzuki, India removes relaxation on small cars in CAFE-III norms. business News & more related News Here
India scrapped a planned concession for small cars in upcoming fuel-efficiency rules after automakers including Tata Motors Ltd. and Mahindra & Mahindra Ltd. argued that it would benefit only one company—Maruti Suzuki India Ltd., a government document shows. Maruti Suzuki controls 95% of India’s small car market. (HT Auto) The September 2025 draft of Corporate…