Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
30 Apr, 2026, 05.49 PM IST
Boardroom on wheels: How MPVs have begun to speak a new language of luxury on Indian roadsThe growing popularity of the MPV among top executives and celebrities signals the arrival of a new trend -- one that is defined by practic...
19 Apr, 2026, 09.40 AM IST
Skoda Auto Volkswagen India aims to top industry growth in FY27Skoda Auto Volkswagen India is set to outpace the Indian passenger vehicle market. The company plans to launch 18-19 new models and facelif...
10 Apr, 2026, 12.50 AM IST
India shields pre-2017 foreign investment gains from strict tax rulesThis would allay fears of retrospective taxation, a longstanding concern for global investors, and reinforce India's image as a transparent...
01 Apr, 2026, 06.36 PM IST
Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
10 Mar, 2026, 06.13 PM IST
From Samsung to BYD: Foreign companies and their tax tussles with IndiaForeign companies in India face significant tax disputes, including Samsung's $601 million penalty for tariff evasion, Volkswagen’s $1.4 bi...
26 Mar, 2025, 04.20 PM IST
India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
25 Mar, 2025, 08.23 PM IST
India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'India's government has opposed Volkswagen's plea to annul a $1.4 billion tax bill, asserting it could lead to companies withholding informa...
23 Mar, 2025, 12.20 PM IST
$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...
26 Feb, 2025, 06.57 PM IST
India singles out VW in $1.4 billion tax dispute, says Kia corrected courseIndian tax authorities have accused Volkswagen of evading $1.4 billion in taxes by misclassifying car imports for 12 years. The court battl...
26 Feb, 2025, 02.58 PM IST
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 ...
20 Feb, 2025, 05.26 PM IST
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...
17 Feb, 2025, 05.55 PM IST
Volkswagen's $1.4 billion India tax tussle rekindles foreign investor fearsIndia's tax demand of $1.4 billion from Volkswagen, following 12 years of investigation, raises concerns for foreign investors in India. De...
12 Feb, 2025, 04.16 PM IST
Which carmakers in India are embroiled in $6 billion of tax disputes?Carmakers in India, including Maruti Suzuki, Skoda Auto Volkswagen, Mahindra & Mahindra, Hyundai Motor, Honda Motor, and Toyota Motor, are ...
12 Feb, 2025, 03.59 PM IST
How Volkswagen bumped into a $1.4 billion problem in IndiaVolkswagen is facing a $1.4 bn tax dispute with the Indian government over alleged import tax evasion for its car parts. The company claims...
03 Feb, 2025, 08.26 PM IST
Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing showsVolkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rule...
02 Feb, 2025, 01.32 PM IST
Volkswagen India unit faces $1.4 billion tax evasion noticeIndia has accused Volkswagen of evading $1.4 bn in taxes by misclassifying car component imports as individual parts. This allowed Volkswag...
29 Nov, 2024, 08.46 PM IST