XTRA:BMWAuto
India Tariff Cuts Put BMW Valuation And Growth Prospects In Focus
India plans to significantly reduce tariffs on European car imports as part of an EU India free trade agreement.
The move is set to open the Indian market further to European automakers such as Bayerische Motoren Werke (XTRA:BMW).
This tariff shift targets one of the fastest growing global car markets and could affect BMW's long term regional approach.
Bayerische Motoren Werke, listed as XTRA:BMW, is a major premium car and motorcycle manufacturer with a broad global footprint. India’s...