India's automobile market is expected to register a slower growth between 12-14 per cent in the current calendar year, as compared to 30 per cent in 2010, an industry official said on Thursday.
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 year 2011 too has a number of hatchbacks ready to be launched.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.
VW was to invest Rs 1,000 cr, now sceptical about cost advantage
Ford is among several multinational automobile companies in India for whom exports now bring bigger volumes than local sales.
Maruti's exports are limited and mainly to countries in Africa and Latin America.
GM India said it has already sent individual letters.
In one of the most fierce and controversial battles for investments, Maharashtra -- specifically, Pune -- beat 17 locations and 6 states, including AP to win over Volkswagen and consolidate its position as India's Detroit.
Maruti Suzuki remains India's most influential auto brand.
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Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
The company believes there is a shift in consumer demand, more buyers could opt for Skoda in future
Why is the Mini the only "lifestyle" auto badge that seems to be growing and staying strong? Pavan Lall finds out.
Recently there has been a flood of new launches that have posed a serious threat to the almost monopolistic models by Honda.
An average of 30-40 per cent automation is standard across all big automobile plants in the country
There is another common trend among these three players - they are all registering a volume decline in a market that is expanding at over 8 per cent
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
Mercedes-Benz plans to sell more compact cars.
Chevrolet loses India on the map Why did GM's iconic all American brand mess up its chances in one of the fastest growing automobile markets?
Every time we pointed out the overwhelming evidence of diesel's toxicity, we were brushed aside.
The company is looking to exploit the upper B+ segment, which has seen high demand growth since the launch of Maruti's Swift, followed by several models like the Hyundai i20, Fiat Grande Punto, Maruti Ritz, Volkswagen Polo and Nissan Micra.
Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.
The new Vento, which has been introduced in 1.6-litre petrol and diesel variants, will hit the Indian roads from September 6, 2010 and will be available through all Volkswagen dealers, the company said on Wednesday.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
BMW's plant in Chenna now has 50 per cent localisation.
GM chief Mary Barra reveals turnaround plans.
One can see the scale of recalls going up as the market expands.
It offers all-round blend of performance, comfort and convenience with excellent build quality.
Will Maruti Suzuki Grand Vitara see a second innings in India?
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.
Today, automatic cars are reliable, fuel-efficient and easy to maintain
According to the Society of Indian Automobile Manufacturers, significant growth is being witnessed in the multi-axle trucks segment, which has posted 112 per cent growth in the year 2006-07.
Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.
The car made its debut in India.
A hatch back made by Volkswagen is the only safe car among best selling four wheeler.
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