The Bengaluru-based marque claimed that the alleged transaction was a routine transaction involving ESOP, and not an open trade.
Officials plan to include a "demerit and merit" system in the upcoming Motor Vehicles Act amendments.
The change to a two-year cycle will give industry participants more time to develop innovative mobility solutions for display.
Should the alarm bells start ringing for Hero MotoCorp or is it a small bip in the road?
The Altroz will get a significant facelift with new design and probably new features.
Honda’s export business also grew by a whopping 122.63 per cent last month.
The exact ranking and numbers may be subject to slight revisions once SIAM and OEMs publish official data.
EKA has developed a 9-meter hydrogen fuel cell bus, which is currently undergoing testing at Cochin International Airport.
The brand’s two-wheeler segment was hit particularly hard last month, with domestic sales stooping down by 13 per cent.
Volkswagen is selling more cars, yet earning less due to high costs of transitioning to electric.
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