The Polo would be available in both petrol and diesel variants.
Just a day after Volkswagen alleged the Japanese company had infringed an agreement by purchasing diesel engines from Fiat for its plant in Hungary, Suzuki demanded Volkswagen offload its 19.89 per cent holding in it.
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 auto major Volkswagen AG is embarking on an auto component sourcing drive from India, which will see the company ordering materials worth one billion euro for its global operations, within the next two years.
Five years after entering India, VW has captured just 2.1 per cent of the market because its cars are seen as relatively expensive and it lacks a diverse mass-market product range.
This would impact Vento, Jetta and Passat sedan cars, Polo hatchback and Polo Cross crossover in India.
Scandal-hit German carmaker Volkswagen on Monday said it will recall 1,950 diesel vehicles in China to rectify engine software that cheats on emissions tests.
Volkswagen sold about 45,000 cars in India in the year to end-March, of which about two-thirds were Polo hatchbacks
Volkswagen is accused of using software in four-cylinder Volkswagen and Audi diesel cars from model years 2009 to 2015.
Europe's largest car maker, Volkswagen AG, today started production of its small car Polo at its plant in Chakan near Pune. Stating that the company would launch a saloon by the middle of next year, Volkswagen AG said it was aiming for a 10 per cent share of the domestic auto market in the next four to six years.
South Korea is the first country after the US to announce measures.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
Law firm Maurice Blackburn will launch a class action lawsuit on Thursday on behalf of Australian owners of scam-tainted Volkswagen AG seeking total damages "well north" of A$100 million ($71.59 million).
Toyota Motor Corp is likely to have retained its position as the world's best-selling carmaker for the first nine months of the year, beating rivals General Motors Co and Volkswagen AG, company figures showed on Monday.
The Justice Department has also been investigating criminal fraud allegations against Volkswagen for misleading U.S. consumers and regulators.
Volkswagen, which has two heavy-duty truck brands, Scania and MAN, is eyeing an equity stake in Navistar to gain a stronger foothold in the US commercial vehicle market, according to international media reports.
In January this year, VW had said it will invest a minimum of Rs 2,000 crore on its Indian operations by 2013 to ramp up capacity, launch new models and strengthen research activities.
The factory, inaugurated on Tuesday, will initially build Skoda Auto AS's Fabia hatchbacks from May before beginning production of a hatchback version of Volkswagen Polo in 2010. With this, VW becomes the last of the world's biggest auto manufacturers to mark its foray into India through a full production facility.
Volkswagen AG will probably have to show there was some legitimate reason to install software that led to false vehicle emissions tests.
Global auto companies are investing huge money to build infrastructure in the country despite the slowdown.
State-backed media attacked apple over warranty policies. Chinese consumer, however, scoffed the press.
Suzuki Motor Corporation (SMC) on Friday said it has terminated the partnership pact with Volkswagen AG (VW) after two years of unsuccessful attempts to gain access to technology from the German firm.
Daniel Carder said he's surprised to see such a hullabaloo now, because his team's findings were made public nearly a year and a half ago.
Late on Monday, Volkswagen's U.S. chief Michael Horn said the company had "totally screwed up" and promised to make amends.
Volkswagen AG said a scandal over falsified US. vehicle emission tests could affect 11 million of its cars around the globe.
The Indian unit of Czech carmaker Skoda Auto said on Monday it expected its sales in 2003 to nearly double from a year ago helped by three model launches and a four to six per cent growth of the premium car segment.
The A6 will be imported via the Completely Built Unit (CBU) route from Germany and would be priced at Rs 42.5 lakh (ex-showroom, Mumbai), according to Michael Weber, Country Manager, India, Audi.
European auto giant Volkswagen Aktiengesellschaft on Tuesday said it has bought 49.9 per cent stake in luxury car maker Porsche AG for 3.9 billion euros ($5.8 billion).
The cars, some 482,000 Passats, Golfs and Jettas sold in model years 2009 to 2015 in the United States, are peppy and fun to drive, owners say.
Apple spent more than a year investigating the feasibility of an Apple-branded car.
The automaker was found to have engaged in anti-competitive practices.
The government said in a statement earlier this year that by April 1, 2017 cars sold in all Indian cities will need to meet the Bharat Stage IV norms.
Volkswagen's premium brands Audi and Porsche will join Formula One after convincing the German automaking group that the move will bring in more money than it will cost, VW Chief Executive Herbert Diess said on Monday.
Passenger vehicles, motorcycles, bikes and commercial vehicles made their presence felt at the Munich Auto Show.
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