The hike in customes duty on fully built imported vehicles from 75 per cent to 100 per cent in the Budget 2013-14 has disappointed the industry but given its small size, the impact may not be significant.

Speaking to The Hindu , Wilfried Aulbur, Managing Partner, Roland Berger Strategic Consultants, and former MD & CEO, Mercedes Benz India, said, “the fully imported vehicle market in India is around a mere 3,000 units per annum. If one considers the big three German players — Audi, Mercedes Benz and BMW — fully imported vehicles constitute 7-10 per cent of their portfolio here.’’