South Korea is the first country after the US to announce measures.
The Passat 1.8 L TSI is priced at Rs 19.20 lakh or Rs 1.92 million (ex-showroom New Delhi) while the Jetta 2.0 L diesel Comfortline is priced at Rs 15.92 lakh or Rs 1.59 million (ex-showroom New Delhi).
However, the company has not revealed the financial details of the deal.
The German company has invested Rs 720 crore to make this sub-4 meter car
Exports in October and November fell 28 per cent and 17 per cent, respectively.
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.
Volkswagen is looking at ways to cut costs and boost cash flow.
Volkswagen AG will probably have to show there was some legitimate reason to install software that led to false vehicle emissions tests.
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
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.
koda Auto India is set to drive in a new car by the first half of next year to reach its target of 100,000 unit annual sales in the country by 2026. The compact sports utility vehicle (SUV) will be positioned against the likes of Maruti Brezza, Hyundai Venue, and Kia Sonet, and would be competitively priced, a senior company official said. koda will also export the car to right-hand-drive markets like Australia, New Zealand and the Asean nations.
A Ferrari Testarossa sports car stolen from Austrian Formula One driver Gerhard Berger during the 1995 San Marino Grand Prix weekend has been recovered by London police almost 29 years later.
Volkswagen can pay $18 billion, over time, and retain its credit rating.
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.
By 2018, the group, as a whole, were intending to capture 20 per cent of the passenger car market in India.
Volkswagen India has shown some interest in getting the Golf to India as well, albeit as a premium hatch. The time to start saving for that GTI begins now!
The carmaker was presenting itself as being run by technological diehards obsessed with building the world's best cars.
The manufacturer of some of the most iconic brands is now doing a course correction.
Volkswagen plans to cut investments by 1 billion euros a year at its core division.
Volkswagen Group is planning to launch a crossover Sports Utility vehicle called Volkswagen Rocktan soon in India.
olkswagen on Wednesday launched a petrol variant of its premium hatchback Cross Polo in India, priced at Rs 7,07,000.
Wipro was the biggest gainer in the Sensex chart, rising 4.79 per cent, followed by M&M, L&T, Tata Motors, Maruti, Infosys, Nestle India and IndusInd Bank.
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 launches special edition Vento at Rs 10.42 lakh.
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.
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.
Governments encouraged motorists to switch to diesel in the belief that its superior fuel economy would outweigh the higher pollutants per litre burned.
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.
A quarter of the car sales in China are of electric vehicles; domestic brands command 81% of EV sales in the country.
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.
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.
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.
The compact SUV has better features to Polo hatch.
VW kept set aside 6.5 billion euros just to cover the potential costs of recalling and fixing the affected cars.
Volkswagen started manufacturing operations in India earlier this year at its Chakan plant, rolling out the compact car Polo.
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