Volkswagen Group is restructuring its India operations as it faces a $1.4 billion tax demand, rising competition, and policy shifts. Skoda Auto, leading its India strategy, has hired external experts for a business review amid senior executive exits. Despite revenue growth, profits have plunged. The carmaker plans EV investments with local partners to sustain its presence in the market.
from Auto-Industry-Economic Times https://ift.tt/3UDWdlY
Subscribe to:
Post Comments (Atom)
-
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christoph...
-
At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive ben...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment