The Competition Commission Of India (CCI) has fined 14 car manufacturers a hefty fine of INR 2,544.65 crore for violating the competition law.
These 14 car makers were fined after the CCI found out that these companies restrict and prevent independent repairers that come into the market.
Among the 14 companies, Tata Motors was fined the heaviest, having to pay an amount of INR 1,346.46 crore, then comes Maruti Suzuki, with a fine amount of INR 471.14 crore, followed by Mahindra INR 292.25 crore and then General Motors who have to pay INR 84.58 crore.
Honda, Volkswagen, Fiat, BMW, Ford, Hindustan Motors, Mercedes Benz, Nissan Motor, Skoda and Toyota Kirloskar, are the other companies on this list.
The CCI has directed these car makers to come up with an effective system to make vehicle spare parts and tools easily available.
These companies were also made to make details regarding spare parts like price and other details available to the masses through a public domain and parts available over the counter. Also along with that, alternatives, maintenance costs and provisions regarding warranty are also to be available.
Car manufacturers were even asked not to impose conditions about cancellation of warranty if vehicles have been serviced or worked on in workshops outside the authorised service stations.
DON'T MISS: VIDEO OF THE DAY