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CKD CARS IN INDIA
Mahindra eyes South Africa expansion as China rivals gain groundMahindra & Mahindra is reportedly in advanced talks to upgrade its South African plant, potentially introducing completely knocked-down (CK...- Mitsubishi Pajero might comeback in new avatar: What we know so farMitsubishi is gearing up to launch a new, Pajero-sized SUV later this year, sparking excitement for the return of the legendary off-roader....
- $1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitationThe Bombay High Court has asked the Customs department to explain its $1.4 billion tax demand from Skoda Auto Volkswagen India, raising que...
- $1.4 bn tax demand: Prima facie dissatisfied with Skoda Volkswagen's arguments, says Bombay HCThe Bombay High Court expressed dissatisfaction with Skoda Auto Volkswagen India's defense against a USD 1.4 billion Customs notice. The no...
- Skoda Auto Volkswagen must fall in line and not play victim: Customs dept to Bombay HCSkoda Auto Volkswagen is involved in a $1.4 billion tax dispute over alleged customs duty fraud on importing CKD units. The company denies ...
- No halt on Skoda Auto Volkswagen consignments over Rs 11,000 crore tax demand: Customs dept to Bombay HCThe Customs Department assured the Bombay High Court that it will not detain Skoda Auto Volkswagen India's consignments amidst the $1.4 bil...
- India accuses Kia of evading taxes of $155 million in Volkswagen-like disputeIndia has accused Kia of evading $155 million in taxes by misclassifying component imports for its Carnival minivan. Kia denies the allegat...
- Bombay HC to hear Skoda Volkswagen's plea against USD 1.4 bn tax notice on Feb 17The Bombay High Court will hear Skoda Auto Volkswagen India's plea against a $1.4 billion tax demand on February 17. The company is accused...
- Skoda Auto Volkswagen India moves Bombay HC over $1.4 bn tax noticeSkoda Auto Volkswagen India has approached the Bombay High Court over a Rs 11,000 crore show cause notice from tax authorities for alleged ...
- Cooperating with authorities over show cause notice: Skoda Auto Volkswagen IndiaVolkswagen is cooperating with Indian authorities after receiving a notice for alleged customs duty fraud worth Rs 11,000 crore related to ...
- VinFast set to drive into India with locally assembled carsVinFast, the EV arm of Vietnam's biggest conglomerate Vingroup, is expected to launch its first locally assembled car during the 2025 festi...
- Volvo India to exit diesel, plans to go full electricThe company, owned by China’s Geely, plans to launch one electric car per year as it shifts its car portfolio to sustainable mobility, in l...
- Volvo should be able to double its share in India: Senior vice-president Lars DanielsonWe have very ambitious growth targets for Volvo Cars globally. And in order to do that we need to grow in all regions, we need to grow in a...
- FTA would allow European carmakers to export their surplus to India: SIAMThe industry is concerned that free import under reduced tariff may allow India to become a big lucrative market of cars made in the EU.
- Germany may ask India for rollback of duty on CKd kits for luxury carsGermany may ask India not to impose higher import duty on completely knocked down kits of luxury cars and SUVs.
- Against lowering of customs duty on auto in FTA with EU: SIAMSIAM today said it opposes any lowering of customs duty on fully imported cars in the proposed India-EU free trade agreement.
- India to be among BMW's top markets by 2020: Ian Robertson'We will make regional variations just as we did in China-a long wheel base car. However, in India, we will look at such variation only if ...
- Mercedes wary of new tax proposals on CKD kitThe new tax proposals on CKD kit will have serious implication on luxury car maker Mercedes Benz which may change its strategy to counter t...
- Hopeful of finding amicable solution to new CKD definition: BMWBMW today said it is hopeful of the auto industry and the Indian government finding an amicable solution over the controversial new definit...
- Chinese cars, bikes may ride SAFTA to invade IndiaAutomobile industry has raised concerns over slash in Customs duties on imports of cars and mobikes from South Asian countries. Hyundai Gen...
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