Eyeing a revival, CK-GP Birla group's Hindustan Motors Ltd said it expected sales of its flagship 'Ambassador' cars to go up by 50 per cent in the next three years to 18,000 units annually.
American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
The German carmaker will hike prices of its best selling cars in Indiafrom February citing increased inputs costs and changes in the exchange rate.
German automotive giant Volkswagen (VW) has said it will focus on the premium sedan/sport utility vehicle (SUV) segment and avoid the mass hatchback segment. "Customers don't expect anything less than a premium product from VW. "Customers expect a certain level of quality and driving dynamics. We have to stay true to that DNA. "The day we go mass, customers will reject us," says Ashish Gupta, brand director, VW India.
Volkswagen is planning to make India a low-cost manufacturing hub.
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 bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
Czech automaker Skoda on Thursday globally unveiled its all new SUV Kushaq which would take on the likes of Hyundai Creta and Kia Seltos in the fastest growing mid-sized SUV segment in the domestic market. The model is the first production car as part of the company's India 2.0 project. Under the lead responsibility of Skoda Auto, Volkswagen Group is investing 1 billion euros in its model campaign in the Indian subcontinent to strengthen its presence.
German automobile giant Volkswagen Group has found in John Chacko a natural successor to Joerg Mueller as the new chief representative for India as well as president & managing director, Volkswagen India. The 58-year-old BTech from Indian Institute of Technology-Madras (Class of '73) has been a part of the Volkswagen Group since 1978.
India is seen as an emerging market for luxury cars.
While Porsche India has issued public notices stating that Volkswagen Group Sales India is the sole importer of Porsche vehicles and asking customers not to deal with any other entities, Precision Cars India is contesting it saying Porsche's act was a breach of contract.
Volkswagen group company Skoda Auto India said on Wednesday that it would launch luxury car 'Superb' and premium sedan 'Laurin & Klement' in March and 'Fabia' would follow suit soon.
In an aggressive bid to more than double its sales, Volkswagen group company Skoda Auto India on Wednesday said it would launch Fabia and Octavia II sedans next year and make the Indian operations a hub for South Asia.
German carmaker Volkswagen said it has no plans to discontinue the sale of its current generation super luxury sedan Passat in the Indian market.
During the test of the Q5 diesel model by ARAI, nitrogen oxide (NOx) level was found to be more than the stipulated level following which the company withdrew the model from its dealerships.
Almost 5 years after it aborted a planned foray into the Indian market with sister concern Skoda, German luxury car maker Audi AG is again preparing to drive into Asia's fourth-biggest car market with the Rs 35 lakh two-door TT Coupe.
Volkswagen group company Skoda Auto India on Thursday launched luxury sedan Superb and said it aimed to break even in 2005 by selling 10,000 cars and launch new models on four product lines till 2008.
German prosecutors launched an investigation on Monday into fraud allegations against former Volkswagen boss Martin Winterkorn.
MSI said compact sedan Dzire Tour stood out as sales rose by over two-fold during the month under review to 3,370 units as against 1,299 in July 2014.
The Skoda RS has been priced at Rs 13.23 lakh (ex-showroom, Delhi).
Volkswagen did not name a successor, but said proposals on management appointments would be made to a full board meeting on Friday.
Volkswagen group company Audi on Thursday rolled out its luxury sedan 'A4' with a price tag of over 24 lakh
Volkswagen will start firing people responsible for rigging US emissions tests and shake up management on Friday,
German name Volkswagen translates into English as the 'people's car'.
Volkswagen is looking at ways to cut costs and boost cash flow.
VW had dodged environmental rules for which penalty could run up to more than $18 billion.
Volkswagen is under huge pressure to act, with its shares down more than a third in value since the crisis broke, and the bad news still coming.
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.
New Volkswagen Chief Executive Matthias Mueller warned staff on Tuesday to brace for "massive cutbacks" in response to the diesel emissions scandal that has hammered the company's stock and reputation.
Volkswagen has come under fire from various authorities.
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 company faces fine of up to $18 billion in the US.
It isn't yet clear whether Martin Winterkorn knew about the "defeat devices" in certain U.S. cars, notes Olaf Storbeck.
The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
Dutch financial major ABN Amro will sell its fleet management arm LeasePlan Corporation, which has operations in India and 25 other countries, to Volkswagen and two other companies for 2.13 billion euro.
After several unsuccessful attempts to enter the Indian market, Europe's largest car manufacturer Volkswagen has finalised its plans for a manufacturing plant in Pune at an investment of Rs 2,450 crore ($530 million).
The carmaker was presenting itself as being run by technological diehards obsessed with building the world's best cars.
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