Industry veterans criticize CAFE-2 penalties waiver, fearing it undermines green investments and encourages gas-guzzling vehicle imports in India.

In a major development, the Centre has completely bailed out all major vehicle manufacturers, including Hyundai Motor India (HMIL), Kia India and Mahindra & Mahindra (M&M), from…

Industry veterans criticize CAFE-2 penalties waiver, fearing it undermines green investments and encourages gas-guzzling vehicle imports in India.