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General Motors Co. plans to lay off more than 1,300 employees at two auto plants in Michigan with effect from January 1, according to the company filings with state regulators.

Green Enrgy: Power and New & Renewable Energy Minister R.K. Singh said this week that India needs to develop but will do so "responsibly", which is reflected in the country being nine years ahead in achieving the nationally determined contributions (NDC) target set under the Paris Agreement on Climate Change of having 40 per cent of installed power capacity from non-fossil fuel sources by 2030.

Hyundai Motors: The factory in Ulsan in the southeast of the country will have an annual capacity of 200,000 units and the company said its first model will be an electric sport utility vehicle (SUV) from its luxury brand Genesis. Hyundai Motor Group, which encompasses Hyundai Motor, Kia and Genesis brands, said in April it plans to launch 31 EVs by 2030.

BW Businessworld Tata Motors Ties Up With Private Lenders For Commercial Vehicles Financing Tata Motors said its BS-VI offerings have garnered 'an overwhelming response in the market, with the fleet owners appreciating the lowered total cost of ownership of the vehicles'. Photo Credit : Homegrown auto major Tata Motors on Monday said it has entered into partnerships with leading private banks, including HDFC Bank, ICICI Bank and Yes Bank, to fund its commercial vehicles. The tie-ups aim to enhance value offerings for customers of both new as well as pre-owned vehicles throughout the customer...

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