TSE:7269Auto
India EU Trade Deal Tests Suzuki Motor India Growth Story
India and the European Union are working toward a trade deal expected to cut tariffs on EU made cars.
The agreement is anticipated to open India’s car market to more European brands and higher priced imports.
Suzuki Motor (TSE:7269) currently holds a strong position in India through its focus on compact, affordable vehicles.
The talks raise questions about how Suzuki will respond to fresh competition if the deal is finalized.
Suzuki Motor, via its presence in India’s mass market car...