Latest Automotive Business Information

The average price for a new car was a record-breaking $47,077 in December. India levies an import tax of 125% on overseas imported cars, while the import tax on parts such as gearboxes, airbags, drive axles, is 10%. Therefore, the taxes encourage vehicles to be assembled in India quite than be imported as utterly constructed items.

Tags: , , ,

I am autoaccessorinity

I am autoaccessorinity

Leave a Reply