EU cars like BMW, Audi, Ferrari to get cheaper in India
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Luxury European cars in India may soon get cheaper. BMW, Mercedes, Lamborghini, Audi, and Porsche could see major price cuts as India finalises a quota-based import duty reduction under the EU free trade agreement.
Benz, BMW, Audi, Ferrari, Lamborghini, Rolls-Royce, Bentley etc are set to become cheaper in India following the conclusion of the India-European Union Free Trade Agreement (FTA), announced at the 16th India-EU Summit on Tuesday.