BMW sold 9,375 units in India in 2012, topping the list of luxury car makers for the fourth consecutive year.
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.
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.
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.
German car-maker Volkswagen on Wednesday said it will invest a minimum of Rs 2,000 crore (Rs 20 billion) on its Indian operations by 2013 to ramp up capacity, launch new models and strengthen research activities.
The company will sell both VW and non-VW branded cars under the pre-owned car business, Volkswagen Group Sales India Member of Board and Director Neeraj Garg told reporters in New Delhi.
'Approach people with respect, mindful that they know their job better than you do, and that you're not superior to them just because you may be better educated or their boss.' Skoda Auto VW India MD Gurpratap S Boparai cites his management credo to Pavan Lall.
Volkswagen started manufacturing operations in India earlier this year at its Chakan plant, rolling out the compact car Polo.
Volkswagen launches special edition Vento at Rs 10.42 lakh.
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.
India is seen as an emerging market for luxury cars.
By 2018, the group, as a whole, were intending to capture 20 per cent of the passenger car market in India.
The Audi A8L's pricing is yet to be disclosed, but we believe it will be close to Rs 80 lakh.
Phaeton is built at Volkswagens Glass factory at Dresden in Germany where a customer can see his or her car being assembled from the stage of choosing chassis.
Mercedes-Benz India, BMW India and Audi India have lined up over 50 new model launches as they seek to recoup previous year's loss in volumes, reports Shally Seth Mohile.
The company, a part of the Volkswagen Group, will also introduce its sports utility vehicle, Yeti, and a stripped-down version of its premium hatchback, Fabia, in India by the end of this year.
The company has been saying it would introduce the new car and it would be priced below Fabia, the range for which starts at around Rs 500,000. Other models of the company in India are Laura, Octavia and Superb.
Volkswagen has come under fire from various authorities.
The yet-to-be-named car, which will be priced in the Hyundai i-10 price bracket, had crossed the feasibility study stage and was in the final stages of design. "Cars below Rs 5 lakh constitute nearly 80 per cent of the total Indian market. India is predominantly a small car market and we have a clear strategy to grow in the Indian market," Thomas Kuehl, member, board of directors (sales and marketing), Skoda India.
SkodaIndia, a fully-owned subsidiary of Volkswagen Group's SkodaAuto of Czech Republic, today revealed the company's plan to launch Skoda Fabia, its first small car in the Indian market.
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 part of Volkswagen Group, Audi currently imports its 'A4', 'A6' luxury sedans and SUV 'Q7' in India through the completely-built-unit route.
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).
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.
Fair trade regulator CCI has rejected allegations against Volkswagen.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
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.
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 Audi on Thursday rolled out its luxury sedan 'A4' with a price tag of over 24 lakh
The Skoda RS has been priced at Rs 13.23 lakh (ex-showroom, Delhi).
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.
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.
Martin Winterkorn, the former boss of Volkswagen who quit last month, will step down from his remaining posts related to the company.
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.
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
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 recall will affect only the diesel variants of the two models.
The company believes there is a shift in consumer demand, more buyers could opt for Skoda in future
The company said it will inspect and if necessary, replace the clutch pedal lever.
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