Assam CM invites S. Korean investors for automobile manufacturing Hub
Chief Minister of Assam Himanta Biswa Sarma on Monday invited automobile giants from South Korea to invest in Assam.
Chief Minister of Assam Himanta Biswa Sarma on Monday invited automobile giants from South Korea to invest in Assam.
December 2024 proved to be a setback for the automobile sector with total retail sales declining by 12 per cent year-on-year, data shared by the Federation of Automobile Dealers Associations (FADA) said.
The automobile retail sales in November fell below market expectations, posting an 11.2 per cent growth compared to the same period last year. The development comes following a lucrative festive season in October.
The downward revision reflected delays in the recovery of automobile exports, impacted by certification-related issues with certain manufacturers.
Inventory levels in passenger vehicles in June reached an all-time high, ranging from 62 to 67 days, the report said
It is high time that we move away from the populist ideology of mandating regulations and safety devices like six airbags but bite the bitter pill of enforcement and penalties that may affect masses. Of course, harsh measures will face resistance and give discomfort initially, but eventually they will become a habit. There is nothing more important than human life. The medicine must attack the root cause. It is time to act now to address this vital problem.
SEV is an authorised distributor of EVs in Singapore, Malaysia, Thailand and Indonesia. It has 45 EV charging points at its Singapore headquarters in Ubi Avenue and a fleet of around 200 BYD e6 electric cars, most of which are leased out to drivers on ride-hailing platforms Gojek and Grab, with expectations of taking delivery of 300 more.
This newly launched XUV700 has created a great hype in the market, with more than 50,000 bookings in the first two days alone.
According to the company, the Mercedes - 'AMG E 53 4MATIC+' is priced at Rs 1.02 crore, while 'AMG E 63 S 4MATIC+' is priced at Rs 1.70 crore.
India has a disappointing health and safety record. Much legislation exists to protect workers' rights and health, but there is an opportunity to improve in line with the approach taken by developed countries and include process safety elements for the prevention of accidents.
