New car launches in the past six months have driven sales growth despite a hike in vehicle financing. In April, new launches accounted for 17 per cent of over all sales.
The new cars which have been launched in the last six months include the Zen Estilo from Maruti, Hyundai Getz diesel, Spark from General Motors, Logan from Mahindra Nissan and Fiat Palio Stile.
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German luxury car maker Audi on Monday said it will start production of vehicles in India by next year, utilising group company Skoda's facility at Aurangabad and would float a new sales company.
A part of Volkswagen Group, Audi currently imports its 'A4', 'A6' luxury sedans and SUV 'Q7' in India through the completely-built-unit route.
Japanese auto major Nissan is poised to launch its premium sedan Teana in India next week, industry sources said.
Volkswagen said in a statement that the payments were compensation for losses incurred by Andhra Pradesh, following the 'allegedly illegal actions' of former Skoda board member Helmuth Schuster, who resigned on June 15.
German luxury car manufacturer Audi on Wednesday said it has slashed the price of its A6 range by up to Rs 2.10 lakh and will start marketing a locally assembled sedan in India by December. The company, which will also be launching the new A4 sedan in India next year, is planning to start local production of the vehicle by end of 2008 at group company Skoda's Aurangabad plant as it aims to sell about 3,000 units across its portfolio in the country by 2010.
German luxury car major Audi on Wednesday said it plans to increase local production of its models in India, with its sedan A4, which could be the next one to be manufactured there. The company has already started local production of its A6 sedan at the facility of Skoda, which is also a part of the Volkswagen Group
Why Kia is keen to drive into India? The Korean automobile maker plans to carve out a niche for itself in the crowded Indian market with its compact sedans and SUVs.
The recall will affect only the diesel variants of the two models.
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Contrary to domestic sales, passenger car exports have declined during May 2005 by 4 per cent to 13,460 units as compared to 14,048 units in May 2004.
Maruti Udyog on Monday said its cars were set to become dearer by 2-2.5% owing to rise in steel prices and technology cost for new emission norms.
India's second-biggest carmaker Hyundai Motor India Ltd on Wednesday raised prices of its two models while market leader Maruti and Czech car firm Skoda announced plans to follow suit next month to meet the rise in input costs and new emission norms.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
The company said it will inspect and if necessary, replace the clutch pedal lever.
Chidambaram showed a total income of Rs 8.58 crore for 2014-15, while his wife Nalini showed income of Rs 1.25 crore for the same period.
Volkswagen fitted emissions cheating software for Australia cars too.
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Sambia broke down during a prolonged interrogation being held since Friday morning and confessed that he was driving the white color brand new Audi on the fateful morning of January 13 which killed IAF officer Abhimanyu Gaud.
The radical styling that consists of 17-inch diamond-cut wheel rims and a chrome grill that comes with a sleek coupe-inspired profile -- the kind you'd expect to see in an Acura or a Lexus sports car -- make the Civic one of the best-looking cars on the road today irrespective of price.
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A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
The German company has invested Rs 720 crore to make this sub-4 meter car
Auto manufacturers are busy filling up their portfolio with cars catering to each and every possible segment
Volkswagen said the 2-litre engines would get a software update.
At Rs 28.19 lakh - Rs 32.97 lakh (ex-showroom India) it delivers excellent value for its combination of road presence, gizmos, safety, off-road capability and driveability.
The emission is nine times more than cap; Volkswagen denies the claim.
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