The country's largest carmaker Maruti Suzuki India (MSI) has said the implementation of the next stage of emission norms in the country from next year will force automakers to increase vehicle prices, leading to further drop in sales for the industry which has been reeling under a severe slowdown.
The auto major also noted that people were finding it difficult to buy new cars as the prices have gone up significantly over the last few years.
"I don't think it is the right time (to implement) the new stage of CAFE (Corporate Average Fuel Efficiency) norms," MSI Chairman R C Bhargava told
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