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Vehicle recycling centers await clarity on scrappage policy
By 2025, the number of end-of-life vehicles (ELVs) is expected to increase by a whopping 250 percent and is touted to be over 21.8 million from 8.7 million ELVs that were reported in 2015. Despite a constant rise in these numbers, India, currently lacks presence of formal vehicle recycling centers, and continues to be completely dependent on smaller, semi-formal units that are known to deploy unhealthy methods of dismantling and recycling of vehicles. As the number of ELVs is expected to incr...
Just when dealers thought that the arrival of the Festive season would bring with it a new hope of revival, washing away their pandemic blues, the news of Harley Davidson Motor Company “discontinuing its sales and manufacturing operations in India” sent shock waves through them. Now, even customers are clueless about their fate, and the road ahead seems rocky as they weigh their options whether to sell, cancel their bookings and/or hunt for alternate service ar...
