The US government on March 8 levied 25% tariff on steel and 10% tariff on aluminium imported from all countries except Canada and Mexico.
For the foreseeable future, Wagh said, diesel would continue to be the main fuel, though there were movements happening in electrification and use of alternate fuels.
The service package is intended to provide truck owners with peace of mind when it comes to actual cost of ownership, which includes the cost of running the transport business.
Mahindra on Thursday held on micro-blogging site Twitter, “Not sure why Indian markets seem so perturbed by the threat of global tariff wars."
Royal Enfield Vintage Store is a new format that will deal exclusively in pre-owned, refurbished and restored motorcycles.
Hero MotoCorp Wednesday launched the new Super Splendor priced at Rs 57190 (ex-showroom, Delhi).
The move came after the government rationalised customs duty on completely built units to 50% from 75%.
A senior state official said Foxconn was keen to revive the plant, which is lying defunct for more than three years now.
Referring to a recent conversation with PM Modi, Trump said the Indian leader, a “fantastic man”, had informed him that India had reduced tariffs on imported motorcycles, but added that the US was “getting nothing” in return.
Hyundai — which showcased Fuel Cell Vehicle Nexo during the India-Korea Business Summit did not specify a timeline for introducing the vehicle in India.
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