Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by Volkswagen Group AG and Hyundai Motor Co., despite the industry lobbying against such a move. Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany’s Volkswagen Group, accounts […]
Volkswagen AG is slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter. Skoda Auto Volkswagen India Pvt. Ltd. has cut costs to about $700 million from $1 billion for a platform it is […]
