Home FEATURED NEWS India’s Biggest Carmaker Maruti Suzuki Blames High Taxes For Low Car Ownership

India’s Biggest Carmaker Maruti Suzuki Blames High Taxes For Low Car Ownership

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India’s largest carmaker, Maruti Suzuki India Ltd., mentioned authorities levies put autos past the attain of a lot of the inhabitants, including to criticism of the nation’s tax regime from Tesla Inc. and Toyota Motor Corp.

“Government policies are such that they treat cars as luxury products that need to be heavily taxed,” Maruti Chairman R.C. Bhargava mentioned at an occasion in New Delhi Monday. “Car affordability is not at all related to income.” 

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