Tata Steel has called the penalty imposed on its Dutch unit as 'extremely high', and added that it has serious doubts about measurements taken at the factories. These measurements, the company said, were 'demonstrably incomplete and incorrectly carried'.
Mahindra has denied a news report that claimed eight car companies could face penalties over 'higher than mandated' fleet emission levels for FY23.
The decision comes over three months after the power ministry had written to the environment ministry, seeking a two-year delay for the mandatory compliance of the emission norms.
Big corporations must not find it cheaper to buy their way out of regulations rather than upgrade their factories with emissions-reducing technologies. But a steep carbon price will put smaller firms out of business
How CAFE II norms and the soon-to-be-implemented BS 6 emission norms will change the automotive landscape.
The new emission norms for diesel gensets will raise costs and squeeze margins for Cummins
The company is now offering ten models with BS-VI compliant petrol engines, Maruti Suzuki India Ltd (MSIL) said in a statement.
In this podcast, Moneycontrol's auto expert Swaraj Baggonkar talks about BSVI emission norms and how they could impact car manufacturers.
Indian auto sector is expected to invest around Rs 1 lakh crore for upgrading products to meet various upcoming regulations related to emissions, safety and fuel efficiency, according to industry body SIAM.
The combined inventory value is seen at Rs 12,000 crore. Breaking down the inventory pool, there are 96,000 commercial vehicles, over 6,00,000 two-wheelers, and 40,000 three-wheelers.
The apex court said that the auto companies were aware of the notification, yet decided to sit back.
The Supreme Court has reserved its order in the emission norms case for today and the verdict will be given tomorrow.
In the final hearing on the unsold BS-III inventory, the Supreme Court today will decide whether manufacturers will be able to register vehicles under BS-III norms beyond April 1.
The National Green Tribunal has sought a response from the government on a plea opposing auto industry body SIAM's call to defer the new emission norms which are to be enforced from April 1.
The government had stipulated that auto firms cannot produce BS-III vehicles after April 1. But there was confusion in the industry whether this applied to the sale of BS-III vehicles as well.
Speaking to CNBC-TV18, Rajiv Bajaj, Managing Director of Bajaj Auto, said that while the industry had been badly hit by note ban, his company had been ready with BS-IV products since January.
Automobile industry is ready to meet BS-VI emission norms by 2020 despite a steep target and is poised for implementation of BS IV across India from April 1, 2017, waiting for nation-wide fuel availability, according to SIAM.
To curb vehicular pollution, the government has notified rules for retrofitment of hybrid electric system, or electric kit, for vehicles.
At the meet, Vinod Dasari, President of SIAM, also relayed his thoughts on the recent ban on registration of 2000cc+ cars in New Delhi, pointing out that less than 20 percent of pollution actually comes from auto emission in the city and he wishes the myth that cars are polluting India is dispelled.
Refusing to budge under any pressure from auto industry on stricter fuel emission norms, Union Minister Nitin Gadkari today said carmakers must follow the same standards in India that they do elsewhere.
The petition seeks NGT to direct the German carmaker to upgrade cars in compliance with emission norms. The company might also have to pay penalty for the damage caused.
The federal transportation ministry has asked states to ensure companies operate with call centres and their taxis follow emission norms, according to a six-page advisory issued last week
According to Vinay Khattar of Edelweiss Financial Services, Motherson Sumi could be a very interesting bet going forward.
In an effort to curb vehicular pollution, the government has issued a draft notification making Bharat Standard 4 norms mandatory from April 2017.
Bosch GM Diesel Systems OE Sales Anjan Singh speaks on diesel engines, emission norms in India and the future.