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TATA VOLKSWAGEN DEAL
Auto companies fall on fear of more EU importsIndian auto stocks experienced a decline following reports of potential tariff reductions on EU-imported vehicles as part of a free trade a...- India-EU FTA: Tariff on EU-made cars slashed from 110% to 10%, but with a caveatIndia and the European Union have finalized a Free Trade Agreement. Tariffs on cars will significantly decrease from 110% to 10% for 250,00...
- Trade deal or not, India won’t be easy for EU carmakersEuropean carmakers gain a significant advantage with a new EU-India trade deal. Tariffs on imported cars will drop sharply, opening India's...
- EU carmakers face tough India market even after trade dealEuropean carmakers will see reduced tariffs on car imports to India following an EU-India trade deal, dropping from 110% to 40%.
- India to slash tariffs on cars to 40% in trade deal with EU, sources sayIndia is set to significantly reduce import duties on cars from the European Union. Tariffs will drop to 40% from as high as 110%. This mov...
- Volkswagen pares India EV development costs amid hunt for a partnerVolkswagen is significantly reducing its electric vehicle development expenses in India. The German automaker is actively searching for a l...
- Volkswagen to revisit India amid China geopolitical uncertaintyThe effort will mark yet another attempt by the company to break into the Indian market in a significant way. The carmaker’s earlier effort...
- Indian car makers propose tax cut on imports in trade deal with BritainLobby group the Society of Indian Automobile Manufacturers (SIAM) has written to the government backing phased cuts to 30% over five years,...
- Mahindra & Mahindra open to investing in EV battery cell maker to secure supplies: CEO Anish ShahMahindra's plans come as Indian companies seek to capitalise on billions of dollars worth of incentives being offered by the government to ...
- Mahindra to partner Volkswagen for electric vehiclesThe two companies signed an agreement on Wednesday evening to explore the feasibility of such a collaboration. They are expected to hammer ...
- COVID-19 wipes out Motown’s sales: Mega auto deals collapse, get delayed as Covid ragesFirst up is the Ford-Mahindra JV. That’s already delayed by a quarter, while Tata Motors’ talks with a potential partner have hit the Covid...
- Tata Motors to drive in foreign partner in India passenger car businessThe move to bring in a strategic partner in the India car business comes 12 years after Tata Motors acquired Jaguar Land Rover (JLR) from F...
- Tech feasibility issues hurt Volkswagen alliance plan: Guenter Butschek, Tata Motors"We had one very clear objective on our side and it was not to compromise on the launch of the first AMP based volume because we urgently n...
- Pricol to acquire PMP Auto ComponentsThe acquisition will give Pricol access to manufacturing locations in Europe and North America, where it does not have any footprint.
- Gap between developed and emerging markets is bridging fast: Guenter Butschek, Tata Motors"The contractual framework and guidelines for a strategic cooperation between the Volkswagen Group and Tata Motors will be examined and def...
- Tata Motors collaboration with Volkswagen, Skoda credit positiveThe collaboration with Volkswagen AG for joint development of products will help revitalize its product portfolio in passenger cars in Indi...
- Banks plan to drag finance companies of car makers to CCIBanks are planning to drag finance firms of car makers to CCI, saying they have hijacked auto finance biz through unfair trade practices.
- Auto stocks are going to run out of a bit of momentum steam: Sajiv DhawanAt current levels auto stocks are going to run out of a bit of momentum steam: Sajiv Dhawan, MD, JV Capital Services.
- Thailand approves $688 mn in eco car investmentshailand has approved three projects by leading automakers to build "eco-cars" in the kingdom, in deals worth a total 21.69 billion baht (68...
- Tata Chemicals buys US firm for $1 bnTata Chemicals has entered into a definitive agreement to buy the soda ash business of US-based General Industrial Products for $1 billion....
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