Tuesday, August 3, 2021

Tesla’s India plans dealt a blow after minister rules out tax cut

Musk has for years showed his eagerness to enter one of the world’s most-promising automobile markets, but complained that Indian rules prohibit him from testing the waters first with imports, as high duties make Tesla cars “unaffordable.”

from Auto-Industry-Economic Times https://ift.tt/2WGsXrI

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Tata Motors passenger vehicles likely to get costlier soon as CEO warns of rising commodity prices

Tata Motors is set to increase vehicle prices soon, citing persistent pressure from soaring commodity costs, particularly precious metals an...