Luxury carmakers react on India-EU FTA: No instant price cuts because...
India and the European Union have concluded talks on a Free Trade Agreement, aiming to significantly reduce import duties on EU cars. While luxury carmakers like BMW, Mercedes-Benz, and Skoda Auto Volkswagen India welcome the deal, they caution customers against expecting immediate price cuts due to high levels of local manufacturing.
India and the European Union have concluded talks on a Free Trade Agreement, aiming to significantly reduce import duties on EU cars. While luxury carmakers like BMW, Mercedes-Benz, and Skoda Auto Volkswagen India welcome the deal, they caution customers against expecting immediate price cuts due to high levels of local manufacturing.
