European Automakers Demand a Fair Deal in Emerging Auto Markets

At a recent meeting of the European Automobile Manufacturers Association (ACEA), industry leaders voiced their concerns over government assistance, high import tariffs and other trade barriers in newly minted auto markets such as China, India and South Korea. It’s a situation that’s made it very difficult, if not impossible, for the Euros to compete.

Dieter Zetsche, CEO of Daimler and the President of ACEA puts it well: “We are asking for a level playing field.”

Paul Everitt, CEO of the UK’S SMMT motor industry group echoes those remarks: “Our vision is for us to design, develop and manufacture high-value vehicles to export around the world. That is difficult if we don't get access.”

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Investigators Uncover Multi-Million Pound Tax Scam in India; European Exotics, Foreign Diplomats and Bollywood Actors Involved

In what sounds more like the plot of a The Fast and the Furious movie than real life, investigators at India’s Directorate of Revenue Intelligence office (a.k.a. India’s IRS) have uncovered a massive exotic car smuggling operation in the nation’s capital of New Dehli. It all has to do with India’s notorious 100% import tax on new luxury vehicles.

It began with one New Dehli luxury car dealer, Sumit Walia, importing brand new luxury cars on forged invoices. These invoices listed the cars as second-hand, which saved Walia – and his customers – some 40% on import tax. Some of the cars – which included Porsches, Bentleys and Aston Martins – were found to have been stolen from the streets of Britain, France, Singapore and Japan.

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Jaguar-Land Rover Opens Assembly Plant in India, Rolls Out its First Model [with Video]

Gone are the times when you knew where cars were made just by looking at the brand, and when luxury carmakers made the manufacturing of their vehicles in their home country one of their top selling points. Nowadays, you have BMWs built in China, India, South Africa and the USA, Mercedes-Benz cars made in Russia, Thailand and Egypt and so on.

The latest premium automaker to go global is the Jaguar-Land Rover group, which inaugurated its first Indian factory on Friday. A Land Rover Freelander 2 SUV was the first vehicle to roll out of the assembly plant, which is located just outside Pune in the Maharashtra region of India. We’ll remind you that Ford Motor Co. sold Jaguar and Land Rover to India’s Tata Motors in 2008 after losing some US$15 billion in two years.

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Pakistan’s Hell Road is Not for the Faint Hearted [Video]

Pakistan’s 240 kilometre (149 mile) Lowari Pass is the only supply route between the town of Dir and the small villages in the mountainous Chitral Valley. It is here on the Afghan border in the country’s northwest that truckers risk their lives for a paltry US$60 (Pakistan’s average wage) and a bonus of US$180...if they make it back alive and with their precious cargo unharmed.

The trucks are old, some nearing the one million-kilometer mark (620,000 mile) on the odometer, with avalanches, landslides and falling rocks marking the four-day journey. The roads are worn and there are no crash barriers; there is not even enough room for two trucks to pass side by side. The highest point is 3,100 metres (10,170 feet) above sea level where the air is so thin it is difficult to stay awake or even move. Brakes overheat on the descent and without them death is a long drop to oblivion.

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Ferrari Opens Shop in India, Cheapest Model Costs Half a Million Dollars

The first ever Ferrari dealership in India opened its doors today in the heart of New Delhi. The Grand Opening, which was hosted by Ferrari CEO Amedeo Felisa, Ferrari Commercial and Marketing Director Enrico Galliera, and Ashish Chordia, Chairman of the Shreyans Group, the official Ferrari importer for India, was devoted to the members of the local and international press. India is the 58th country where Ferrari is present in the world. Read more »