The India unit of Volkswagen AG will start importing light commercial vehicles in the first half of 2009, its managing director said on Tuesday.
The company does not see any impact of the current global economic slowdown and its investment plans are on track, Joerg Mueller told reporters at the India Economic Summit. More
Courtesy: […]
The slowdown is beginning to hit foreign investments in the automobile sector with top MNC vehicle makers in “review” mode. According to the auto industry sources, big-ticket investors like Honda and Volkswagen are reportedly “reviewing” their earlier stated investment plans and production schedules.
Honda Siel, which is putting up a Rs 1,000-crore plant in Rajasthan for […]
German auto major Volkswagen AG is embarking on an auto component sourcing drive from India, which will see the company ordering mater
ials worth one billion euro for its global operations, within the next two years.
The company is also aiming at about 70 per cent localisation of its cars
produced in India within two years of starting […]
India � Audi has launched local assembly of its second model in India, the A4, which joins the A6 in production at the Volkswagen Group plant in Aurangabad.
Audi expects to invest about $38.5 million to upgrade the facility and plans to build 11,000 A4s and 7,000 A6s by 2015. More
Courtesy: indiacar.net
German automobile major Volkswagen will roll out passenger cars from its greenfield plant in Pune six months ahead of schedule, head o f German state of Lower Saxony, Christian Wulff, said on Monday.
“We had a great experience as far as India is concerned. The new plant in Pune is coming up six months earlier than […]
The Minister-president (Chief MInister) of the German state of Lower Saxony Christian Wulff today said that Volkswagen is setting up its b ig car manufacturing factory in Pune.
Mentioning that Germany is fascinated by the steps taken by India in recent years to promote trade and industry, he said that his state is opening an office […]
Launching its most important model into a falling car market, Volkswagen is betting the look and feel of its Golf VI can win over discriminating hatchback buyers, in the absence of revolutionary advances under the hood. Learning from the mistakes that beset the last Golf�s rollout late in 2003, VW expects easier assembly, improved economies […]
Volkswagen Group, Euorpe’s biggest car group and part of Porsche, the most profitable car maker, is evaluating the setting up of a research centre in India. This will be on the lines of the centre it set up in China three years ago, to research accident sites and then incorporate safety features in cars. […]
The next time you notice a jazzed-up low-rider car with a powerful engine on the roads, take a close, hard look. It may be a classic like a Volkswagen Beetle or a Chevy Biscayne, but with a sparkling new engine under the hood.
Now, legendary cars are getting louder, faster and sometimes, perhaps, even better than […]
Come 2010, the Indian small car market will hit fourth gear. Close to a dozen new small cars from big names, including Maruti-Suzuki , Honda, Volkswagen, Fiat, Ford and Toyota, are expected to hit the road, rejuvenating a market that accounts for as much as 75% of car sales.
As a fallout, the current lot of […]