Auto Stocks to Watch: India-EU Trade Deal to Slash Car Import Duties

• Investors should monitor auto stocks on January 27 due to a potential India-EU trade deal.
• The deal could reduce import duties on European cars from 110% to 40%, significantly impacting the market.
• Luxury European brands like Volkswagen, Mercedes-Benz, and BMW are expected to benefit from lower prices.
• Indian companies like Tata Motors and Mahindra & Mahindra may face increased competition in the luxury segment.
• The move aims to make the Indian auto market more competitive, offering consumers more choices and potentially boosting manufacturing.

Why It Matters: A potential India-EU trade deal could drastically cut import duties on European cars, reshaping India's auto market.