Why EU carmakers face tough India market even after trade deal

European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports but face a tough market dominated by homegrown firms and compact Japanese ‘kei’ cars.

Why EU carmakers face tough India market even after trade deal
European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports but face a tough market dominated by homegrown firms and compact Japanese ‘kei’ cars.