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Maruti Suzuki to hike model prices again in Jan 2022
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The company, which has benefited from a surge in cycling during the COVID-19 pandemic, said on Wednesday it intended to partially fund the purchase by raising about 64 million pounds through an issue of shares, a subscription and a retail offer.
Popular is set to be the first Indian auto dealership in a highly fragmented market to list. It is one of the biggest dealers for Maruti Suzuki, which sells one in every two cars in India. Popular also sells Tata Motors’ luxury brand Jaguar Land Rover, Tata trucks and Honda Motor cars.
The acquisition will add four-wheel drive accessories and trailers business in Australia and New Zealand to GUD’s portfolio, and is expected to add low double-digit pro forma earnings for full-year 2022.
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However, restrictions apply to the entry of trucks carrying non- essential goods, he said in a tweet.
However, restrictions apply to the entry of trucks carrying non- essential goods, he said in a tweet.
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