BusinessEU carmakers face tough India market even after trade deal
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BusinessEU carmakers face tough India market even after trade deal
BERLIN: European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese ‘kei’ cars. India and the European Union signed a tra»»»
EU carmakers face tough India market even as trade deal slashes import tariffs
BERLIN, Jan 27 — European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese “kei cars.” India and the European Union are»»»
Trade deal or not, India won’t be easy for EU carmakers
European carmakers gain a significant advantage with a new EU-India trade deal. Tariffs on imported cars will drop sharply, opening India's vast market. This move offers a welcome boost to companies like Volkswagen and Renault. While challenges remain from local and Asian rivals, the deal signals a»»»
VW to BMW brace for tough India market even after India-EU trade deal
European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an India-EU trade deal that sharply drops import duty on cars, but face a tough market dominated by homegrown firms and compact Japanese cars. India and the European Union are set to sign a trade deal »»»
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