
The latest petrol and diesel hike, which took effect on Saturday, comes against a backdrop of continued volatility in global energy markets.

On the materials side, the company is pursuing localisation, vendor negotiations, and design-to-cost programmes to bring down its cost base.

The Honda City facelift introduces a host of new features inside the cabin, and a comprehensive styling update.

The new Honda ZR-V will be positioned in the same space as the Volkswagen Tayron, Skoda Kodiaq and the like, and will be arriving to the Indian market as a completely built unit (CBU).

The company is positioning its new performance EV as suitable not only for track days, but also daily commutes and long road trips.

This project builds on a partnership that began with Fiat India Automobiles Private Limited, the 50:50 venture between Tata Motors and Fiat that now sits within Stellantis.

The company is expected to bring its first Leapmotor models, the T03 hatchback and C10 midsize SUV, to India in the near future.

In the filing to the NSE and BSE, Maruti Suzuki said it has been trying to absorb the impact of higher costs through cost reduction measures over the past few months.

The two companies signed an MoU during Uber CEO Dara Khosrowshahi's recent visit to India.
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