Audi to relaunch car production in Russia in 2013
August 30th, 2012 - 5:14 am ICT by IANS
Moscow, Aug 30 (IANS/RIA Novosti) Car maker Audi, part of German auto giant Volkswagen, plans to relaunch car production in Russia in 2013, an official said.Audi AG Board Chairman Rupert ... Read more...
Posted in World |
Volkswagen buys another 50.1 percent of Porsche for 4.46 bn euros
July 5th, 2012 - 7:01 pm ICT by IANS
Moscow, July 5 (IANS/RIA Novosti) German auto giant Volkswagen will buy another 50.1 percent of Porsche SE for 4.46 billion euros to complete its ownership of the sports car maker, ... Read more...
Posted in Business |
India holds promise for German companies, says envoy
January 4th, 2012 - 8:26 pm ICT by IANS
Chennai, Jan 4 (IANS) Companies in Germany are looking to ramp up their presence in India with investment and two-way trade would reach the 20 billion euros (Rs.1,376 billion) target ... Read more...
Posted in Business |
New launches to dazzle visitors at Auto Expo
January 1st, 2012 - 5:20 pm ICT by IANS
New Delhi, Jan 1 (IANS) Despite a slowdown in their sales, car makers are all set to dazzle visitors at the Auto Expo 2012 here with their new vehicles and ... Read more...
Posted in Business |
Suzuki terminates alliance with Volkswagen
November 18th, 2011 - 9:47 pm ICT by IANS
Tokyo, Nov 18 (IANS) Suzuki Friday terminated its two-year-old alliance with Volkswagen, alleging that the German company did not honour its commitments and said that it will sue the company ... Read more...
Posted in Business |
Mercedes issues recall for its latest diesel model
October 18th, 2011 - 8:05 pm ICT by Aishwarya Bhatt
Los Angeles, Oct 18 (THAINDIAN NEWS) Auto maker Mercedes has issued a recall for thousands of its latest diesel vehicles over concerns that they can catch fire. The company explained that problems ... Read more...
Posted in World News |
Labour strike forces Bosch shut Bangalore plant
September 30th, 2011 - 10:06 pm ICT by IANS
Bangalore, Sep 30 (IANS) German auto component maker Bosch India Ltd shut down its Bangalore plant till its workers stopped their 'tool down' strike they went on Wednesday without ... Read more...
Posted in Business |
Daimler to launch compact car in India by 2012
July 19th, 2011 - 9:33 pm ICT by IANS
Chennai, July 19 (IANS) German auto major Daimler plans to launch a compact car in the Indian market towards the end of 2012, said a company official Tuesday."It will first ... Read more...
Posted in Business |
Daimler to label India trucks BharatBenz, unveils new logo
February 17th, 2011 - 8:15 pm ICT by IANS
Chennai, Feb 17 (IANS) German auto major Daimler AG Thursday announced that trucks rolling out of its Indian plant would be labelled BharatBenz. The company also unveiled a new logo for the ... Read more...
Posted in Business |
Envoy defends German cars against Jairam Ramesh’s attack
November 13th, 2010 - 6:25 pm ICT by IANS
New Delhi, Nov 13 (IANS) Germany Saturday strongly objected to Environment Minister Jairam Ramesh's scathing attack on German luxury cars like Mercedes Benz and BMW and asserted that German automakers are known ... Read more...
Posted in Environment |
Daimler to replicate India outsouring model in other plants
November 2nd, 2010 - 11:57 am ICT by IANS
By V Jagannathan
Chennai, Nov 2 (IANS) German auto group Daimler, setting up a 36,000 per annum truck unit near here, sees localisation as the key for growth in the price-sensitive commercial vehicle ... Read more...
Posted in Business |
BMW recalls 21,771 cars in China; Jaguar 30
October 16th, 2010 - 6:13 am ICT by IANS
Beijing, Oct 16 (IANS) German auto giant BMW has recalled more than 21,000 luxury sedans from Chinese customers to fix the faulty brake system, while British carmaker Jaguar Land Rover has ... Read more...
Posted in Business |
Ashok Minda Group acquires Germany’s Aksys Koengen
October 5th, 2010 - 5:10 pm ICT by IANS
New Delhi, Oct 5 (IANS) Automobile components manufacturer Minda Group Tuesday acquired Aksys Koengen of Germany through an asset deal as part of a plan to consolidate its position in the ... Read more...
Posted in Business |
Volkswagen pushes new Vento with ‘talking’ print advertisement
September 21st, 2010 - 5:09 pm ICT by IANS
By Priyanka Bhatia
New Delhi, Sep 21 (IANS) German auto-maker Volkswagen has prided itself in doing things distinctly, and also memorably. It sought to make that point Tuesday with a "talking" advertisement in ... Read more...
Posted in Business |
Brazil to make sugarcane fuel
July 23rd, 2010 - 10:04 am ICT by IANS
Sao Paulo, July 23 (IANS/EFE) Brazil will soon start producing sugarcane-based bio-fuel, which will be used in commercial vehicles from 2011.
The sugarcane-based fuel will be produced in collaboration with an American biotech ... Read more...
Posted in Business |
Volkswagen plans to invest $1 bn in Mexico
July 8th, 2010 - 4:51 am ICT by IANS
Mexico City, July 8 (IANS/EFE) German auto giant Volkswagen is planning to invest $1 billion in Mexico over the next three years.
Volkswagen executive Jochem Heizmann made the announcement Wednesday during a ... Read more...
Posted in Business |
VW recalls nearly 200,000 cars in Brazil
February 12th, 2010 - 12:23 pm ICT by IANS
Sao Paulo, Feb 12 (IANS/EFE) The Brazilian division of German auto giant Volkswagen issued a recall for 193,620 of its popular Gol and Voyage models due to problems with the rear wheels.
The ... Read more...
Posted in Business |
German President visits Volkswagen plant at Pune
February 5th, 2010 - 2:16 pm ICT by ANI
Pune, Feb 5 (ANI): German President, Horst Koehler, who is on a seven-day visit to India, visited the plant of German auto major Volkswagen at Pune on Thursday.During his visit, Koehler and ... Read more...
Posted in National |
Fiat to introduce new models in small car segment soon
January 6th, 2010 - 10:23 pm ICT by ANI
By Uphar PandeyNew Delhi, Jan.6 (ANI): Fiat has plans to introduce new models in the small car segment in the near future, revealed Rajeev Kapoor, Fiat India president and CEO, at the ... Read more...
Posted in National |
German carmakers launch new models in Autoexpo
January 5th, 2010 - 10:11 pm ICT by ANI
By Damanjeet Kohli/ Uphaar PandeyNew Delhi, Jan 5(ANI): German carmakers Audi, BMW and Skoda launched dazzling new models at the Autoexpo, an annual automobile exhibition held in the national capital, on Tuesday. ... Read more...
Posted in National |
Volkswagen picks up Suzuki stake for $2.5 bn (Lead, changing dateline)
December 9th, 2009 - 5:18 pm ICT by IANS
New Delhi, Dec 9 (IANS) German auto giant Volkswagen Wednesday picked up a 20 percent stake in Suzuki Motor for about $2.5 billion, while the Japanese auto maker will reciprocate by taking ... Read more...
Posted in Business |
Volkswagen Launches Shirako In Revamped Form After Showcasing A Prototype 3 Years Ago
December 3rd, 2009 - 7:08 pm ICT by GD
By Meena Kar
Dec.03, (THAINDIAN NEWS) German auto giant Volkswagen is known for making high quality personal vehicles that have won several auto industry awards worldwide. Recently it added a model named Shiraco ... Read more...
Posted in Business |
Volkswagen India plans to double distribution network
September 25th, 2009 - 9:30 pm ICT by IANS
Chennai, Sep 25 (IANS) German auto giant Volkswagen is planning to double its distribution network in India and increase brand spend before its much awaited entry into the country's small car segment ... Read more...
Posted in Business |
Porsche Panamera to be launched in India by October
April 7th, 2009 - 8:49 pm ICT by IANS
New Delhi, April 7 (IANS) German auto major Porsche's upcoming model Panamera will be available in the Indian market by October this year in the price range of Rs.14.17-Rs.20.18 lakh, a top ... Read more...
Posted in Business |
German auto parts maker hopes for leg-up from Nano
March 25th, 2009 - 6:16 pm ICT by IANS
Chennai, March 25 (IANS) German industrial group Freudenberg, which posted a turnover of 5.34 billion Euros (Rs.366 billion/$7.2 billion) in 2007, is hoping to cash in on India's small car wonder Nano's ... Read more...
Posted in Business |
Daimler Hero to roll out vehicles in Tamil Nadu
July 7th, 2008 - 7:33 pm ICT by IANS
Chennai, July 7 (IANS) Daimler Hero Motor Corp, a joint venture floated by German auto major Daimler AG and Indian two-wheeler giant Hero group, Monday signed an agreement with the state government ... Read more...
Posted in Business |
Daimler Hero to roll out vehicles in Tamil Nadu (Lead with corrections)
July 7th, 2008 - 7:29 pm ICT by IANS
Chennai, July 7 (IANS) Daimler Hero Commercial Vehicles Ltd, a joint venture floated by German auto major Daimler AG and Indian two-wheeler giant Hero group, Monday signed an agreement with the state ... Read more...
Posted in Business |
Daimler joint venture with Hero Group approved
March 27th, 2008 - 5:14 pm ICT by admin
New Delhi, March 27 (IANS) India Thursday gave its approval to German auto major Daimler to invest Rs.16.50 billion ($415 million) in a joint venture with the Hero Group to make commercial ... Read more...
Posted in Business |