New Delhi: India has agreed to grant European automakers an import quota more than six times larger than any it has offered in recent trade deals, significantly lowering tariffs on cars under the India–EU free trade agreement and opening up its tightly protected passenger vehicle market. According to Bloomberg, under the pact, India will gradually… Continue reading European carmakers gain major access as India eases tariffs under EU FTA
Tag: Renault
EU carmakers face tough India market even after trade deal
The VDA automotive association stressed the importance of the agreement for Germany’s export-focused economy, with the CEOs of Volkswagen, Mercedes and BMW all welcoming the deal. European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but… Continue reading EU carmakers face tough India market even after trade deal
German Manager Magazine: ACEA: Europe’s car market will grow slightly in 2025004668
Europe’s car market has seen growth from 2025. In December, 963,319 vehicles were sold in the European Union, 5.8 percent more than in the previous year, as the industry association Acea announced on Tuesday. For the full year 2025, this leaves an increase of 1.8 percent to a good 10.8 million vehicles. There was an… Continue reading German Manager Magazine: ACEA: Europe’s car market will grow slightly in 2025004668
Renault Targets India Market Share Recovery to 3-5% by 2030
On the back of accelerated product development and faster product launches, French automaker Renault is targeting to regain its market share in India’s passenger vehicle market, with an eye on a 3-5% share in the world’s fastest-growing market by the end of this decade. “Our objective now is to gain traction in terms of renewals.… Continue reading Renault Targets India Market Share Recovery to 3-5% by 2030
Renault Eyes Aggressive Product Push With New Models Every Year
French automaker Renault is looking at a fundamental reset in its strategy for India business with plans to bring new products every year, as the brand believes speed of new product development and launches are critical to remain competitive in India. “When you are in India, the first lesson you have to learn is the… Continue reading Renault Eyes Aggressive Product Push With New Models Every Year
Renault Sold 200,000 First-Gen Duster SUVs in India, Third-Gen Model Marks Comeback
The Renault Duster SUV, which was first launched in India in July 2012 and discontinued in early 2022, is being relaunched today in its third-generation avatar and marks the French OEM’s return to one of the most competitive SUV sub-segments. Over a decade, the first-generation Duster is estimated to have sold close to 199,871 units… Continue reading Renault Sold 200,000 First-Gen Duster SUVs in India, Third-Gen Model Marks Comeback
EU-India trade pact lowers car import tariffs, but India remains a tough market for Europe
European carmakers facing pressure from higher US tariffs and intense price competition in China are set to gain some relief as India and the European Union prepare to sign a trade agreement that sharply lowers import duties on cars. According to Reuters, under the deal, tariffs on EU-made car imports will be reduced to about… Continue reading EU-India trade pact lowers car import tariffs, but India remains a tough market for Europe
Mitsubishi Electric and Landis+Gyr Accelerate Grid Edge Innovation as Mitsubishi Electric Takes Part in Landis+Gyr’s Application Ecosystem
ATLANTA and TOKYO, Jan. 27, 2026 /PRNewswire/ — Mitsubishi Electric Corporation and Landis+Gyr (SIX: LAND) announced today that they have signed a Memorandum of Understanding (MOU) for business collaboration to advance grid edge intelligence and accelerate the energy transition. As part of this collaboration, Mitsubishi Electric has joined Landis+Gyr’s growing Application (App) Ecosystem. Landis+Gyr’s App… Continue reading Mitsubishi Electric and Landis+Gyr Accelerate Grid Edge Innovation as Mitsubishi Electric Takes Part in Landis+Gyr’s Application Ecosystem
Mitsubishi Electric and Landis+Gyr Accelerate Grid Edge Innovation as Mitsubishi Electric Takes Part in Landis+Gyr’s Application Ecosystem
ATLANTA and TOKYO, Jan. 27, 2026 /PRNewswire/ — Mitsubishi Electric Corporation and Landis+Gyr (SIX: LAND) announced today that they have signed a Memorandum of Understanding (MOU) for business collaboration to advance grid edge intelligence and accelerate the energy transition. As part of this collaboration, Mitsubishi Electric has joined Landis+Gyr’s growing Application (App) Ecosystem. Landis+Gyr’s App… Continue reading Mitsubishi Electric and Landis+Gyr Accelerate Grid Edge Innovation as Mitsubishi Electric Takes Part in Landis+Gyr’s Application Ecosystem
New DS 3 will return to its affordable hatchback roots
STLA Small was originally conceived electric-first with combustion engines overlooked; the same thinking currently limits DS’s No8 flagship – based on the STLA Medium platform – to EV-only. “The DS 3 could be electric,” said Métroz. “But it’s a little bit too early to talk about that.” With EV market share lagging behind the projections… Continue reading New DS 3 will return to its affordable hatchback roots