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.

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.

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