Customers in USA are switching from SUVs to fuel efficient cars but the opposite is happening here in India.
Indian market is largely dominated by small cars. But a lot of new car buyers are turning their attention to sports utility vehicles.
And automakers are responding with new exciting launches.
Here are some of the [...]
Porsche considering developing a cheaper sports car
Wolfgang Duerheimer, head of development at Porsche has revealed that the company is considering developing a cheaper sports car for the masses.
The cheapest Porsche currently available in the market is the Porsche Boxster, which costs 46,506 euros.
With the global economy struggling, it makes sense for them to [...]
Volkswagen India to expand distribution network
Volkswagen has big plans for the Indian market. The German automaker is expected to launch Polo hatchback next year.
The company has said that they are working on expanding their distribution network around the country to make sure they can sell through enough dealers.
VW said: “Gearing up to the [...]
Volkswagen Polo confirmed launch next year in India
Volkswagen has confirmed that Polo would arrive in Indian market sometime next year.
The German automaker has been working hard to make sure it is priced competitively when launched.
Polo is a global hatchback model which is popular around the world.
It would become the first mass [...]
Volkswagen India aims for a 10% market share in six years
General Motors India has already indicated that they are unlikely to meet their initial target to achieve a 10% market share in India by next year.
Now, Volkswagen has announced that they too are aiming to achieve a 10% market share in India in the [...]
Skoda Fabia now being manufactured in Chakan
Volkswagen India has announced that they are now manufacturing Skoda Fabia at their Chakan plant near Pune.
The production began on August 15. Volkswagen India Private Limited President And Managing Director Joerg Mueller spoke at the occasion: “On the occasion of this Independence Day, the planting of saplings and watering [...]
Volkswagen Beetle could arrive in November this year
Volkswagen Beetle is an iconic model which has been popular in the Indian market in the past.
You might have seen the old vintage model on the road sometimes.
The company is now planning to bring the latest version to India later this year.
Market reports claim that the [...]
Rumours: Volkswagen all set to acquire Porsche
Industry sources claim that Volkswagen is set to acquire all of Porsche in a deal that could be announced in the coming days.
German magazine Der Spiegel reported that the deal could be worth around 8 billion Euros.
This sale is expected to help Porsche get rid of most [...]
Rumours: Volkswagen improves their bid for Porsche
Germany automaker Volkswagen has reportedly increased their bid for sports car maker Porsche.
Market sources say that they are now offering around $5.56 billion for a 49.9 percent stake in Porsche.
This is an improvement of around Euro 1 billion from their previous offer if we are to believe the [...]
Volkswagen Up! could be manufactured in India
Volkswagen surprised the market experts when they announced their Up! low cost car model.
This model could be manufactured by the company at their Indian plants to benefit from the low cost manufacturing for sale in the international market.
Market sources say that this model could be manufactured [...]
