Geely Automobile News According to Indian media reports, the Indian government is planning to continue to increase import tariffs on luxury cars. At present, relevant budget proposals have been put forward. This gives local manufacturers that have not yet achieved local production in India. Shadowed.
According to reports, once the Indian government formally announced that it will increase import tariffs on luxury cars, German luxury car manufacturers Audi, BMW and Mercedes-Benz will be forced to reconsider their plans for expansion in the Indian market. In 2010, sales of the three brands of luxury cars in India were higher than in India. The market growth exceeded 70%.
Peter Schwarzenbauer, Audi's global marketing director, said: "Audi is very concerned about this matter. If this proposal becomes a reality, Audi may withdraw from the Indian market." He added that if Audi exits the Indian market, it will also Consider returning to the market in the future.
It is understood that the new budget proposal will significantly increase the import tariffs on luxury cars such as BMW, Mercedes Benz and Audi, and the tariffs on SUV models will be even higher.
In 2010, Audi sold 3,000 vehicles in the Indian market. The company plans to increase Audi's annual sales in the Indian automotive market to 30,000 units by 2020. If this goal is achieved, India will become one of Audi's top 10 global markets.
According to reports, once the Indian government formally announced that it will increase import tariffs on luxury cars, German luxury car manufacturers Audi, BMW and Mercedes-Benz will be forced to reconsider their plans for expansion in the Indian market. In 2010, sales of the three brands of luxury cars in India were higher than in India. The market growth exceeded 70%.
Peter Schwarzenbauer, Audi's global marketing director, said: "Audi is very concerned about this matter. If this proposal becomes a reality, Audi may withdraw from the Indian market." He added that if Audi exits the Indian market, it will also Consider returning to the market in the future.
It is understood that the new budget proposal will significantly increase the import tariffs on luxury cars such as BMW, Mercedes Benz and Audi, and the tariffs on SUV models will be even higher.
In 2010, Audi sold 3,000 vehicles in the Indian market. The company plans to increase Audi's annual sales in the Indian automotive market to 30,000 units by 2020. If this goal is achieved, India will become one of Audi's top 10 global markets.
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