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.
The German carmaker will not introduce all-new models in 2013. Plans to launch such variants too keep sales going.
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.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
At least 25 people have been killed in a series of car bomb explosions targeting a bus station in northern Nigeria. The blasts occurred on Monday at a inter-city bus station in Kano when three suspected suicide bombers came in a Volkswagen Golf car and rammed their vehicle into one of the buses parked there.
The brand contributes about 40 percent to VW group earnings.
Of the top 10 companies expected to gain market share in future, only two Volkswagen and BMW come from Western nations.
The car is appealing with its high-speed performance and great interiors, but the price tag might discourage buyers.
Making a debut in India with an SUV, Citroen's products in the next couple of years will clearly chart and define its destiny in what has become both a vibrant but also a daunting market for foreign entrants, says Pavan Lall.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
Besides opening up the possibility of a policy that allows vintage cars retrofitted with electric batteries to ply on roads, this also gives a clue to how cars older than 15 years that are banned can be valued again by a similar conversion to EVs, says Ritwik Sharma.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
China's automobile industry has been the largest in the world in terms of automobile unit production since 2008.
Toyota Motor Corp regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.
The management feels that environment in India is not conducive to make further investments. It plans to wait until 2015 and hope things will improve by then.
BMW sold 9,375 units in India in 2012, topping the list of luxury car makers for the fourth consecutive year.
The current Octavia, known as the Laura here, is getting a little long in the tooth so it's right on time, this new model.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
This is the first time a global company is looking to introduce an SUV in this price segment.
The Indian challenge at the Volkswagen 2012 World Junior table tennis championships came to an end when Ayhika Mukerjee and Suthirtha Mukherjee lost their respective pre-quarterfinal matches in Hyderabad on Saturday.
The country's largest carmaker Maruti Suzuki India on Thursday said it will increase the prices of its vehicles across all models by up to Rs 20,000 from January due to increasing pressure on its margins due to currency fluctuation. Honda Cars India and Volkswagen India said they, too, are contemplating the same.
From office headquarters to car factories and elegantly designed-institutes, these buildings are truly architectural masterpieces.
The Bavarians are on 73 points with RB Leipzig in second place on 63 after they were held to a goalless draw by Ingolstadt earlier in the day.
Seven auto companies lost share in the current year because of different reasons.
The VW cars are well known in the country's car market for having sturdy body structures, which are combined with powerful fuel efficient engines and abundant comfort and safety features.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Harman, the premium global audio and infotainment group, which retails brands such as JBL, AKG and Harman-Kardon, is training Indian engineers based at its research and development centre in Bangalore to work on audio components for brands like BMW and Audi. This business contributes an estimated $600 million to the company's sales.
A summary of Wednesday night's action in the UEFA Champions League.
Travellers at the Mumbai airport were in for a surprise recently. They were greeted by Volkswagen's flagship product Beetle. Not the original one, but a car made from scrap, which was a "tailor-made" out of home (OOH) advertisement designed by DDB MudraMax.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
China's biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai.
It's in the reverse gear on the list of the most-aspired-for cars in India, but the iconic brand is hoping to regain lost ground with cheaper models.
Apart from the cheaper interest cost, the need to make local purchases and payments in the yuan has prompted a few Indian companies with Chinese operations to explore fund-raising opportunities through this route.
A look at some amazing cars.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
If you are a fan of Audi cars, then this will surely be good news for you!
These days, auto giants such as Volkswagen, Ford, Maruti Suzuki, Hyundai and Toyota are literally working their hearts out to woo customers at every level.
Having smashed the bowlers around with impunity in the Indian Premier League, West Indies batting powerhouse Chris Gayle is ready to roll his arm over as well and chip in for Royal Challengers Bangalore.
