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Mahindra, Kia and Hyundai
Mahindra, Hyundai & Kia Deny Any Emission Norms Penalty
The allegations suggested that Hyundai would face the highest fine of ₹ 2,873 crore, Mahindra ₹ 1,788.4 crore, and Kia ₹ 1,346 crore. The remaining penalty was implemented on Honda, Skoda, Nissan, Renault and Force Motors. The penalties were reportedly calculated as either ₹ 10 lakh or ₹ 25,000/Rs 50,000 per vehicle delivered.
Hyundai, Mahindra, Kia Among Firms Fined Rs 7,300 cr For Emission Breach
The Centre has identified Hyundai, Kia, Mahindra, and others for failing to meet fuel efficiency and emission standards in FY22-23. This non-compliance could lead to penalties totaling Rs 7,300 crore.
‘No penalty has been levied’: Mahindra dismisses report on being fined over ‘failure to meet emission norms’
"Applying the amended penalty under EC Act for the full period of FY2023 would mean the penalty is being applied retrospectively, which is incorrect. Hence, the company doesn’t expect any material liability for FY2023,
Hyundai, Mahindra, Kia, and others face Rs 7,300 crore fine for breaching fleet emission levels
Amongst the carmakers, Hyundai faces the highest fine of Rs 2,800 crore, followed by Mahindra with a Rs 1,800 crore fine, followed by Kia with a Rs 1,300 crore fine. These fines follow the stricter CAFE norms brought into effect in FY 23.
Is your Mahindra, Hyundai, Kia, Honda, Renault, Nissan or Skoda polluting more than you know?
As many as eight automakers can face penalties of up to Rs 7,300 crore for not complying with CAFE norms in FY23.
Hyundai, Mahindra among 8 carmakers fined Rs 7,300 crore
The government has imposed penalties of up to Rs 7,300 crore on eight carmakers for violating fleet emission norms in FY2022-23.According to media reports, the government has found Hyundai, Mahindra,
Mahindra & Mahindra refutes reports of penalty for emission norms violations
The controversy is linked to compliance with the Corporate Average Fuel Efficiency (CAFE) norms regulating vehicle emissions. According to Mahindra, the assessment period for FY2023 was from April 1,
Mahindra on emission penalties: ‘To the best of our knowledge, no such penalty has been levied or is being considered’
Mahindra also said that any penalty could not be applied retrospectively, and the company does not expect any “material liability” for FY2023.
ZigWheels
1h
Top 7 India Car News Highlights Over The Past Week Featuring 2 New Mahindra EVs!
The past week’s top car news pieces include two new EVs from Mahindra, two luxury car launches alongside updates for upcoming ...
Carsguide.com.au
4y
Kia Stinger vs Mahindra XUV500
Mahindra
doesn't quote a litre storage figure when seven are ... The Stinger scored five ANCAP stars in 2017.
Kia
's ground-breaking seven year/unlimited kilometre warranty along with roadside ...
Team-BHP.com
19h
Mahindra vs Kia service & customer approach; Few striking differences
BHPian wadewilson recently shared this with other enthusiasts:Received the ECU update today. Surprisingly ours was the only ...
ZigWheels
3y
Kia Seltos vs Mahindra XUV700
Sunglass Holder,Auto Anti-Glare Inside Rear View Mirror with
Kia
Connect Button,Driver Rear View Monitor,Retractable Roof Assist Handle,8-way Power Driver’s Seat Adjustment,Front Seat Back ...
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