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Aligned with industry body to delay BS-VII rules: Maruti Suzuki MD
Maruti Suzuki India said it supports the auto industry body's request to delay Bharat Stage-VII emission rules, so the impact on the car market can be discussed with the government first.
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What happened
Maruti Suzuki India said it supports the auto industry body's request to delay Bharat Stage-VII emission rules, so the impact on the car market can be discussed with the government first.
Confirmed
Global impact / market context
New emission rules can raise what cars cost to build, which may push up prices buyers pay. A delay gives carmakers more time to plan spending and protects current sales momentum.
Analyst inference
The industry body reportedly asked to move brake and tyre requirements to April 2035 from April 2031. Carmakers are weighing cleaner vehicles against keeping cars affordable for buyers.
Analyst inference
What to watch
- Maruti Suzuki said Bharat Stage-VII is being discussed among industry body members and that it will consult the government as an industry body. Confirmed
- The industry body reportedly proposed moving brake and tyre requirements to April 2035 instead of April 2031, based on supplier feedback. Proposed
- Watch whether the government accepts a delay, since that affects future car prices, required factory spending, and Maruti Suzuki's sales momentum. Analyst inference
Evidence
- Original source link unavailable