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AUTOMOTIVE INDUSTRY PENALTIES
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...- Enrollments under NAPS up 50% in 2025-26Official data seen by ET shows registration of apprentices under the National Apprenticeship Promotion Scheme (NAPS) stood at an all time h...
- No detours: CAFE III to kick in by April 2027Indian carmakers face new fuel efficiency rules from April 2027. The government will enforce CAFE III standards, requiring lower carbon dio...
- Trump escalates U.S.-Canada trade war: Doubles tariffs on Canadian steel & aluminum to 50% after Ontario's electricity surcharge; Plans more economic measuresTrump doubles tariffs on Canadian steel and aluminum to 50%, escalating trade tensions between the U.S. and Canada. This decision comes aft...
- Tesla and Chinese carmakers could see windfall from EU emissions rulesEuropean automakers face challenges from stricter EU carbon emission regulations, leading them to buy emissions credits from rivals like Te...
- Automaking countries press EU to relax rules on CO2 finesSpeaking ahead of a summit of European Union countries' leaders, German Chancellor Olaf Scholz said it did not make sense to add to the dif...
- Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breachHyundai Motor India denied reports of facing penalties for breaching fleet emission levels. The company clarified that the media reports we...
- Centre seeks ARAI comments on plaints against Ola ElectricThe Centre has sought ARAI's comments on consumer complaints against Ola Electric, ensuring compliance with FAME and PM E-DRIVE guidelines....
- Stocks in news: Wipro, LTIMindtree, Bajaj Auto, IndusInd Bank, Bajaj Finance, HUDCOBajaj Finance reported a 28% year-on-year growth rise in consolidated net profit for the quarter ended September to Rs 3,551 crore, which w...
- The story of a Rs 1,788 crore fine: Tyre makers, cartelisation and calculation errorsThe Supreme Court of India has asked the Competition Commission of India (CCI) for a response regarding an appeal filed by MRF Ltd, one of ...
- Fine on tyre companies: Supreme Court seeks CCI's reply on MRF pleaThe CCI had, in August 2018, imposed penalties totalling more than ₹1,788 crore on the tyre companies and also asked them to cease and desi...
- Key management personnel of Indian auto firms have poor understanding of compliance obligations: ReportKey management personnel in Indian automobile companies have a poor understanding of compliance obligations that can range from several hun...
- Tyre biz cartelisation: NCLAT asks CCI to pass fresh order; review fines to save domestic tyre industryA two-member NCLAT bench comprising Justice Rakesh Kumar and Ashok Kumar Mishra observed that there were errors by DG in the calculation of...
- Key management personnel of Indian auto firms have poor understanding of compliance obligations: ReportMost executives were found to have very poor handle on the status of key compliances, dates, documentation and residual risk of non-complia...
- Delhi to enforce stricter norms for pollution fitness certificates“A randomised system audit has found instances of PUC certificates being issued without appropriate examination of the vehicles,” a senior ...
- CCI imposes a collective penalty of Rs 1,788 crore on five tyre manufacturersThe fair trade regulator has also imposed a penalty on the Automotive Tyre Manufacturers Association (ATMA) for indulging in cartelisation ...
- India on track to become top global steel producer: ReportBMI Research has forecast India's steel output to clock an average annual growth of 8.9 per cent during 2017-21, higher than 2.9 per cent i...
- SC decision on BS-III vehicles to hit industry: Tata MotorsSC today banned sale and registration of vehicles with the older BS-III emission norms from April 1, in a blow to auto firms saddled with a...
- China slaps duties on nylon imports from US and othersChina on Thursday slapped anti-dumping duties on certain nylon imports from four trade partners, with the highest tariff imposed on materia...
- EU nations agree to push back CO2 auto limits to 2015EU member states are ready to grant automakers a three-year delay until 2015 to reduce the CO2 emissions of their new vehicles, in light of...
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