Compact sedans (Maruti Dzire, Hyundai Aura, Tata Tigor)' share in the overall sedan category grew from 68% in 2021 to 74.6% in 2024. Mid-sedans' (Honda City, Maruti Ciaz, Volkswagen Virtus) share declined from 26.2% in 2021 to 20.2%.
The German company has invested Rs 720 crore to make this sub-4 meter car
Volkswagen plans to cut investments by 1 billion euros a year at its core division.
'We are going to have hybrid cars, which, as far as I know, none of our competition is working on, and this includes ethanol.'
German car-maker Volkswagen on Thursday said it will increase its vehicle prices by up to 2.5 per cent in India from next month in order to offset impact of high input costs.
VW has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.
The decision to release the Phaeton was, in part, a response to Mercedes' decision to compete directly with Volkswagen in the European marketplace with the low-cost A-Class.
Volkswagen Group is planning to launch a crossover Sports Utility vehicle called Volkswagen Rocktan soon in India.
The manufacturer of some of the most iconic brands is now doing a course correction.
South Korea is the first country after the US to announce measures.
Europe's largest carmaker Volkswagen will roll out the Beetle--fondly called the people's car after its maker--on Indian roads by beginning of next month.
Volkswagen will start firing people responsible for rigging US emissions tests and shake up management on Friday,
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
Commonly known as the Bug, the Beetle would hit the Indian market in the middle of this year, Volkswagen managing director, passenger car division, Adreas Prinz told PTI.
it will share the platform will Polo.
The car, which is being rolled out from the company's plant at Chakan, in Maharashtra, comes with 1.6 litre petrol or diesel engine options.
Volkswagen is planning to make India a low-cost manufacturing hub.
Volkswagen can pay $18 billion, over time, and retain its credit rating.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
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 launches special edition Vento at Rs 10.42 lakh.
The carmaker was presenting itself as being run by technological diehards obsessed with building the world's best cars.
By 2018, the group, as a whole, were intending to capture 20 per cent of the passenger car market in India.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
"In view of the ongoing CBI inquiry into the issue, we have declined to accept the money. We are more interested in seeing that Volkswagen sets up its car plant here," Reddy told reporters.
After losing market share, the German car maker wants to enter its competitor's turf of compact sedans and SUVs.
Exports in October and November fell 28 per cent and 17 per cent, respectively.
Vento Trendline and Polo Highline sport exciting features that is bound to woo IPL buffs.
Volkswagen faces paying out billions of dollars in fines and compensation after it admitted rigging tests on some of its diesel cars to make them appear cleaner.
It isn't yet clear whether Martin Winterkorn knew about the "defeat devices" in certain U.S. cars, notes Olaf Storbeck.
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).
Volkswagen plans to integrate its Indian facilities, which will help the company contain costs and maintain uninterrupted supply of auto parts.
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).
VW kept set aside 6.5 billion euros just to cover the potential costs of recalling and fixing the affected cars.
It is definitely the heaviest in its class, which is likely to make in-city commutes a tad troublesome
A visiting official of Volkswagen, Europe's largest automobiles manufacturer, has told the Tamil Nadu chief minister that Chennai is one of the most likely locations for the company's manufacturing plant.
