ஃபோர்ட் மோட்டார் இந்தியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from ஃபோர்ட் மோட்டார் இந்தியா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In ஃபோர்ட் மோட்டார் இந்தியா Today - Breaking & Trending Today

Volkswagen, Ford To Exit Auto Finance Business In India: Report


Volkswagen, Ford To Exit Auto Finance Business In India: Report
Volkswagen, Ford To Exit Auto Finance Business In India: Report
Volkswagen Finance Private Ltd, the German carmaker s finance arm, stopped giving loans to car buyers in India last year.
Dealers typically need credit to buy cars from automakers which they then sell on to customers.
The auto financing arms of Volkswagen AG and Ford Motor Co plan to stop giving new credit to car buyers and dealers in India and will exit from the country, sources aware of the development told Reuters.
Volkswagen Finance Private Ltd, the German carmaker s finance arm, stopped giving loans to car buyers in India last year and in May told dealers of all VW brands, which includes Volkswagen, Skoda and Audi, to find other financing, two sources with direct knowledge of the talks said. ....

Ford Motor Co , Volkswagen Finance Private Ltd , Finance Private Ltd , Ford Motor India , Volkswagen Finance , ஃபோர்ட் மோட்டார் இணை , நிதி ப்ரைவேட் லிமிடெட் , ஃபோர்ட் மோட்டார் இந்தியா , வோக்ஸ்வாகன் நிதி ,

Govt may upgrade eligibility criteria for automakers under PLI scheme


Govt may upgrade eligibility criteria for automakers under PLI scheme
Last year, in November, the Centre announced the PLI scheme to incentivise firms in 10 sectors to drive local manufacturing and improve exports
BusinessToday.In | March 16, 2021 | Updated 11:39 IST
The department of heavy industry, which oversees the automobile industry, is finalising details of the PLI scheme pertaining to auto sector
Government is reportedly considering strict eligibility criteria for automakers to qualify for financial subsidies under the production-linked incentive (PLI) scheme. The new rules are likely to favour the creation of large manufacturing capacities for global standards in the country.
The ministry of heavy industries and public enterprises along with the commerce ministry are planning to offer sops on the basis of the incremental increase in export revenues from the base year instead of just total revenue from goods shipped in a given year, according to a rep ....

Maruti Suzuki India Ltd , Bajaj Auto Ltd , Hyundai Motor India , Ford Motor India , Automotive Champions , Pli Scheme , Production Linked Incentive , Pli Scheme Auto Sector , Pli Scheme For Automakers , India Auto Export , மாருதி ஸஸூகீ இந்தியா லிமிடெட் , பஜாஜ் ஆட்டோ லிமிடெட் , ஹூண்டாய் மோட்டார் இந்தியா , ஃபோர்ட் மோட்டார் இந்தியா , தானியங்கி சாம்பியன்கள் , ப்லை திட்டம் , ப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , ப்லை திட்டம் ஆட்டோ துறை , இந்தியா ஆட்டோ ஏற்றுமதி ,