Skoda Auto Volkswagen India said that personnel changes correspond with standard company HR processes, without elaborating
The group feels that the reduction of GST on automobiles in India makes the Indian automotive market, already the third largest, more attractive
Foreign players cite flexibility, faster clearances, and comprehensive support from states as key reasons for bypassing the Centre’s SPMEPCI scheme
Volkswagen sells Virtus, Taigun, Tiguan R-Line and Golf GTI in India.
Volkswagen plans to open 12 Performance Centres across India.
VW's local unit Skoda Auto Volkswagen India is embroiled in a legal tussle with the country's tax department
If found guilty it could face dues of $2.8 billion, including penalty and delayed interest.
A division bench of Justices B P Colabawalla and Firdosh Pooniwalla heard the matter extensively on Monday and said it would continue the hearing on February 20
Automakers such as Maruti Suzuki, Hyundai, Honda and Toyota face demands for about $6 billion collectively in disputes on income-tax, customs and other payments that go back years, a Reuters analysis shows
The proceedings in respect of Kia Motors follow a similar proceeding initiated against Volkswagen’s Indian Unit.
In the biggest ever import tax demand, India in September slapped a $1.4 billion tax notice on Volkswagen for using a strategy to break down imports of some VW, Skoda and Audi cars into many individual parts to pay a lower duty.
Skoda Auto Volkswagen India has previously said it complies with all laws and regulations and is cooperating with the authorities on the allegtions.
In February, the two automakers signed an agreement which includes supply of electrical components and unified cells for Mahindra INGLO range of 'born-electric vehicles'
Earlier this year, Skoda Auto Chairman of the Board of Management Klaus Zellmer stated that the company is looking to collaborate with an Indian partner in order to grow its presence in the country.
The group is understood to have been slapped a show cause by authorities for alleged customs duty fraud to the tune of around Rs 11,000 crore
Different shipment consignments were used to evade detection and "willfully evade payment" of higher taxes, the Indian investigation found
The plan laid out by management, which affects the namesake VW brand, also includes a 10-percent pay cut for all staff, the company's powerful works council said in an update to staff.
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
A leading auto retailer for premium and luxury cars in India, Landmark Cars partners with major OEMs in the passenger vehicle segment, including Mercedes-Benz, Jeep, Honda, Volkswagen, and Renault. Recent additions to its portfolio include MG Motors, Mahindra & Mahindra, and BYD. In the commercial vehicle segment, it collaborates with Ashok Leyland.
A strong domestic position can propel companies to become truly multinational
Skoda already has four models in India, including SUVs and sedans, but this is the first time the carmaker is considering bringing hybrid cars to the nation
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CEO Oliver Blume also told employees Wednesday that the company must end a three-decade-old job protection pledge that would have prohibited layoffs through 2029.
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The carmaker considers one large vehicle plant and one component factory in Germany to be obsolete, according to the works council, which promised "fierce resistance" to the executive board's plans