Volkswagen Group

VW and M&M are deepening their EV alliance, building on an earlier agreement to use components from the MEB platform. The expanded partnership will see the companies work closely to develop e-SUVs for India and beyond

We are open to expanding our cooperation with Volkswagen on EVs, says M&M top official

The Anand Mahindra led company will be the first external partner to use the unified cell concept, the core element of Volkswagen's battery strategy, and is well prepared to battle any semiconductor crisis.

Volkswagen group's India sales grow 85% to 1,01,270 units in 2022

The group's sales in India stood at 54,598 units in 2021.

Not easy to do business in India, says Volkswagen Group MD

MD of Volkswagen Group’s India businesses Gurpratap S Boparai said restricting imports from China is difficult to implement and not practical.

Volkswagen group to invest 1 billion euro in India by 2021

As part of 'India 2.0' project, Skoda Auto is setting up an engineering design and development centre at Pune besides enhancing capacities at the group's two plants at Aurangabad and Pune.

Skoda eyes up to 10% growth in 2018

"In 2017, the company sold 17,436 units, a growth of 30 percent over 2016. In 2018, we are looking at a growth rate of 8-10 percent," Ashutosh Dixit, director (sales and marketing) of Skoda Auto India said.

Volkswagen Group earmarking $11.8 billion to develop, build China electric cars

The group, which includes Volkswagen AG and Audi AG, intends to launch 15 of the so-called new energy vehicles (NEV) models over the next two to three years, and an additional 25 after 2025, China chief Jochem Heizmann told Reuters on Thursday.

Skoda reaches milestone of 20 million cars produced

"Producing 20 million cars is a tremendous milestone in our company's history," says Skoda CEO Bernhard Maier. "We are aiming for another production and sales record this year. The basis for this is our Strategy 2025, which will sustainably prepare Skoda for the processes of change in society and the automotive industry."

VW launches US electric vehicle infrastructure unit

VW will also launch a "Green City" initiative in a yet-to-be-identified California city to pilot future concepts, including potentially a ZEV-based shuttle service, an EV-based car-sharing program or a ZEV transit program.

Skoda launches new Rapid at Rs 8.34 lakh

The new Rapid, that has been contributing over 70 per cent of its volume, comes with 1.6 litre petrol and 1.5 diesel variants and also in automatic and manual transmissions.

VW CEO says group vehicle sales probably rose in February

Earlier this month VW said sales across the 12-brand group in January were up 3.7 percent at 847,800 vehicles, which compared with a 5.2 percent drop in December sales.

Honda Cars India to recall 90,210 units of City, Mobilio

The recall will affect only the diesel variants of the two models. Honda Cars India Ltd (HCIL) said it will recall 64,428 units of diesel variants of Honda City manufactured from December 2013 to July 2015 and 25,782 units of diesel variants of Honda Mobilio manufactured from June 2014 to July 2015.

Volkswagen shares open 4.6% higher after CEO resigns

VW shares opened at 116.60 euros after already bouncing back strongly the day before as investors snapped up cheap bargains following the meltdown in the share price earlier this week as the extent of the scandal became apparent.

Volkswagen plans to make India low-cost export hub

Volkswagen plans to increase production to 200,000 units by 2018 and add more new models from the 130,000 units Chakan plant.

Audi India eyes 20k unit sales by 18; plans huge investment

Audi currently has an installed capacity to produce 14,000 units annually on a single shift basis in India. He said the company is looking for a long-term strategy for the Indian market and hopes to maintain its leadership position in the luxury car segment.

Open to acquisitions if deal is sweet: Motherson Sumi

Vivek Chaand Sehgal, chairman, Motherson Sumi Systems Ltd says the company is open to acquisitions, and would look into it if they are worthwhile and add to the interest of the company, shareholders and customers. The Volkswagen Group contributes to 47 percent of the company‘s sales.

Audi plans to start assembling of Q3 SUV in India

German luxury car maker Audi today said it is looking to start assembling SUV Q3 in India at its Aurangabad plant.

Volkswagen to invest 100 million euros in India in 2 yrs

German automotive giant Volkswagen Group today said it will invest 100 million euros (over Rs 700 crore) in India in the next two years for upgrading products and facilities.

Low R&D spend threatens auto part makers' ambitions

From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.

Samvardhana Motherson to be debt free company post IPO

Ex-chairman and executive director of Samvardhana Motherson Finance (SMFL) Vivek Chaand Sehgal tells CNBC-TV18 that they will become a debt free company once the proceeds of the IPO flow in.

India's carmakers on fast track to capacity glut

In the race for sales, India's carmakers may need to ease off the accelerator as they speed towards a head-on collision with a capacity glut.

Volkswagen hopes to grab 20% market share in India by 2018

German automobile major Volkswagen Group is eyeing a 20% auto market share as it plans to expand its reach through dealerships in tier 2 and tier 3 cities across the country, reports the Business Standard.