2 months ago

India-EU: Which cars may get cheaper now?

India-EU: Which cars may get cheaper now?

Summary

India-EU trade deal cars list: European luxury cars are set to become more affordable in India following a new Free Trade Agreement. Import duties on EU-made cars will be phased down to 10% by 2030, with an initial sharp cut to 40% in 2026. This liberalization, applicable to cars above $15,000, promises significant price reductions for premium and performance models.
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AI Description

The India-EU Free Trade Agreement is set to make European luxury cars more affordable in India by reducing import duties. This will significantly lower prices for premium and performance models.