On Monday, the majority of European auto Skoda Auto Volkswagen India, even if it does not support the new reciprocal rate imposed by the Trump administration, which has now been interrupted for 90 days on non -repair countries, the move could open opportunities to the long -term industries.
Earlier, the group, which fights against a notice of provotion of Rs 11,000 crores for an alleged fraud to customs duties linked to the import of cars, such as completely slaughtered units, deployed the all -new Volkswagen Tiguan R Line at an introductory price of RS 49 Lakh.
“Of course, we do not support the (reciprocal) prices, but at the same time, there are a lot of discussions on the opening of the economy even in India through bilateral trade or free trade agreements,” said Piyush Arora, managing director of Skoda Auto Volkswagen India in PTI here during the launch event.
Stressing that the group still believes in “free trade” and the transfer of technology between countries for customers and their advantages, Arora said that there was a lot of uncertainty about the recent announcements on the price front that the American administration imposed.
However, he added that these developments (tariff discussion) could speed up the free trade agreements discussed between India and the EU for a long time.
“I believe that there are opportunities for India. We have always been an supporter to have lower prices between Europe, whether it was the EU or the bilateral Ale that has been discussed for a very long time but at the same time could give an opportunity.
“There could be short-term hiccups due to an increased price for our component industry from India, which exports a good amount of parts in the United States and initial prices can hinder this, but in the long term, it may open up opportunities,” said Arora.
At the same time, it cannot be said at this stage how all this price problem will set and in which direction he heads when the objective posts move, he said, adding: “India is affected in a different way towards other competing economies, we must therefore see how it takes place.”
Built on the MQB EVO platform, the brand new third generation Tiguan R-Line flagship line boasts of a new generation of chassis and is delivered with a 2.0-liter TSI TSI engine. It is equipped with a multitude of new features such as air conditioning in air care (air conditioning at 3 zones), Park Assist Plus with remote control of the park and an inductive load for 2 smartphones.
“With the launch of the brand new Tiguan R-Line today, we are entering an exciting phase for Volkswagen in India, a phase that embodies the future of Volkswagen Premium mobility,” said Ashish Gupta, brand director at Volkswagen India.
In addition to other security features, the latest flagship SUV is also filled with cutting -edge technologies with 21 level 2 ADAS (advanced driving system) in addition to 9 air boubags, the tire pressure monitoring system, front and rear disc brakes, among others.
In addition, the brand new Tiguan R-Line has received a 5-star NCAP Euro EURO security rating, making it one of the safest SUVs on Indian roads, said the company, adding that new offer deliveries will start from April 23, through the Volkswagen Dealership Network in the country.
On the alleged tax notice at Savwippl, he reiterated the previous position of the company and said that it had been “remains” by regulations not only in India, but also in the world.
“I think that from the point of view of the classification dispute that we currently have with the Indian government, we have been doing this company for two decades in the same way and we will continue to do so and we will continue to assess the available remedies,” he said.
The German company, led in the country by Skoda Auto Volkswagen India, was accused of deliberately deceiving the customs authorities in its mode of importing parts as individual units rather than as a component of a unit `completely slaughtered ”, which attracts higher import rights.
The CKD units attract a right of 30 to 35%, but Volkswagen declared its imports as separate components in different expeditions and has paid only 5 to 15% of rights, in accordance with the customs service.
According to the authorities, imports of various non -assembled parts of cars should have been declared as CKD units. The company challenged the tax notice before the court.
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