The company said the reasons for the price hike are to partially offset the impact of constant increases in input costs largely driven by pricier commodities, fluctuations in foreign exchange rates, inflation and also due to regulatory obligations.
New Delhi [India], October 17 (ANI): Buying a dream car on Dhanteras seems further away for customers as dealers have stopped immediate or instant bookings for the auspicious day due to high demand. More than four lakh people have booked their favourite cars to bring home on Dhanteras day which falls on October 23, according to industry sources.
Moscow [Russia], March 24 (ANI): French carmaker Renault announced in a statement Wednesday that it has suspended all activities at its Moscow factory after Ukrainian leaders have called for a boycott against the company, accusing Renault of "sponsoring Russia's war machine."
Moscow [Russia], March 22 (ANI): French automaker Renault on Tuesday resumed production in Moscow after it suspended production due to a disruption in logistics in late February.
London [UK], March 10 (ANI): Kevin Magnussen has signed a multi-year deal to make a sensational return to Formula 1 with the Haas squad in 2022, following the team's decision to part ways with Nikita Mazepin ahead of the season start.
Seoul [South Korea], February 16 (ANI/Global Economic): South Korea's automobile production, exports and sales all decreased last month due to suspension of operation at some factories and global automotive chip shortages.
Enstone [UK], January 18 (ANI): Four-time world champion Alain Prost has left his role as Non-Executive Director at Alpine, as the French manufacturer continues its review of the management structure.