Tuesday, August 25, 2026

India court to re-hear Volkswagen's challenge to $1.4 billion tax demand, sources say

An Indian court will re-hear Volkswagen's challenge to a significant tax demand. This decision comes more than a year after arguments in the case were concluded. Indian tax authorities allege the automaker mis-declared auto component imports over a period. The German automaker has defended its import valuation practices for many years. No verdict has been announced in this ongoing tax dispute.

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

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...