Volkswagen to invest over Rs.700 crore in India
September 6th, 2012 - 6:37 pm ICT by IANS
New Delhi, Sep 6 (IANS) German Volkswagen Group Thursday said it will invest €100 million euro (over Rs.700 crore) in its three Indian subsidiaries, including Volkswagen India, Skoda and Audi ... Read more...
Posted in Business |
India should ensure investment safety: German envoy (Interview)
August 12th, 2012 - 3:47 pm ICT by IANS
New Delhi, Aug 12 (IANS) India should ensure policy and judicial stability that will help counter the negative sentiments of late about investment climate in the country and ease flow ... Read more...
Posted in Business |
New corporate initiatives push artistic talent in India (Feature)
August 5th, 2012 - 4:49 pm ICT by IANS
New Delhi, Aug 5 (IANS) A handful of initiatives that have brought big business houses to promote visual art with incentives and new platforms is trying to open an alternative ... Read more...
Posted in Life Style |
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 |
Volkswagen’s China sales go up in 2011
January 13th, 2012 - 3:32 pm ICT by IANS
Beijing, Jan 13 (IANS) Volkswagen China said Friday that its auto sales rose 17.7 percent year-on-year to hit 2.26 million units in 2011.The figure was 3.4 percentage points higher than ... Read more...
Posted in Business |
Aditya Patel tests Audi in Germany
December 2nd, 2011 - 3:24 pm ICT by IANS
Oschersleben (Germany), Dec 2 (IANS) Aditya Patel has became the first Indian to test drive the Audi R8 LMS for the upcoming ADAC GT Masters season here, completing 15 laps, ... Read more...
Posted in Sports |
Automakers confident of China market despite slowing sales
November 24th, 2011 - 2:24 pm ICT by IANS
Beijing, Nov 24 (IANS) Senior executives from major automakers attending the ongoing Guangzhou Auto Show have expressed their confidence in China's car market, forecasting an overall growth of 5 to ... Read more...
Posted in Business |
Skoda launches new Laura RS
September 20th, 2011 - 7:21 pm ICT by IANS
New Delhi, Sep 20 (IANS) Volkswagen group company Škoda Auto India Tuesday launched a new model of its luxury sedan Laura RS priced at Rs.1,549,000 (ex-Showroom Delhi)."Laura RS, with its ... Read more...
Posted in Business |
Punjab Infotech, Rayat-Bahra tie-up for skill development
July 21st, 2011 - 6:27 pm ICT by IANS
Chandigarh, July 21 (IANS) Punjab Infotech, a state government enterprise, has tied up with leading education group, the Rayat-Bahra Group, for the "first of its kind centre in India", focusing ... Read more...
Posted in Business |
Volkswagen June sales rise 166 percent
July 1st, 2011 - 4:20 pm ICT by IANS
New Delhi, July 1 (IANS) German automobile major Volkswagen Friday reported 166 percent growth in its sales during June as against the same month last year."Despite the current slowdown in ... Read more...
Posted in Business |
20 drivers for Polo Cup series
May 5th, 2011 - 9:39 pm ICT by IANS
Chennai, May 5 (IANS) Volkswagen Motorsport India Thursday announced the starting grid of 20 drivers for the Polo Cup India 2011, the second season of the one-make touring car series ... Read more...
Posted in Sports |
Volkswagen launches Passat’s next generation model
March 29th, 2011 - 10:01 pm ICT by IANS
Mumbai, March 29 (IANS) European automobile major Volkswagen Tuesday launched a new model of its luxury sedan Passat, which has been integrated with highly-fuel efficient technologies.
"We started our journey ... Read more...
Posted in Business |
Bugatti Veyron Driver Lets Supercar Loose On Autobahn
February 4th, 2011 - 8:50 pm ICT by GD
By Ranjan Bhaduri
Feb 4, (THAINDIAN NEWS) There are some people who feel like driving their sports sedan or SUVs at insane speeds but the speed limits and traffic thwart their lofty aspirations. ... Read more...
Posted in World |
Volkswagen Group India achieves impressive sales growth of 180.7 per cent in 2010
January 22nd, 2011 - 5:54 pm ICT by ANI
Pune, Jan 22(ANI-Business Wire India): Volkswagen Group continued its success story in India with the company delivering its best sales figures in the Indian market since its entry.The Volkswagen Group, which ... Read more...
Posted in Business |
Polo prices up by 2.9 percent from Jan 1
December 15th, 2010 - 3:57 pm ICT by IANS
Mumbai, Dec 15 (IANS) German automobile major Volkswagen's Indian subsidiary Wednesday said it would increase the price of its popular selling hatchback car model Polo by 2.9 percent from Jan 1, 2011.According ... Read more...
Posted in Business |
World’s fastest car Bugatti Veyron launched in India
October 28th, 2010 - 9:38 pm ICT by IANS
New Delhi, Oct 28 (IANS) Bugatti Veyron 16.4 Grand Sport, called the world's fastest car, has made its debut in India.Priced at Rs.16 crore (ex-showroom Delhi), Buggatti is the third major ... Read more...
Posted in Business |
Volkswagen India signs MoU with Rayat Bahra group
October 27th, 2010 - 8:49 pm ICT by IANS
Chandigarh, Oct 27 (IANS) Volkswagen India Wednesday signed a memorandum of understanding (MoU) with a Punjab-based education group Rayat Bahra, under which the auto firm will impart technical training to engineering students.Volkswagen ... Read more...
Posted in Business |
Volkswagen to build new engine plant in Mexico
September 23rd, 2010 - 11:52 am ICT by IANS
Mexico City, Sep 23 (IANS/EFE) German automaker Volkswagen said Wednesday it plans to build a $550 million plant with annual production capacity of 330,000 engines in the central Mexican state of Guanajuato.
During ... Read more...
Posted in Business |
Skoda’s August sales up 24 percent, to launch new car
September 3rd, 2010 - 7:54 pm ICT by IANS
New Delhi, Sep 3 (IANS) Czech automobile major SkodaAuto Friday said its monthly sales in August grew by 24 percent to 1,511 vehicles and that it intends to launch its Sports ... 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 |
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 |
Volkswagen’s Recent Launch: L1
September 18th, 2009 - 6:11 pm ICT by GD
A new fashionable car from the Volkswagen group has been showcased in the Frankfurt Auto Show. It is being code named the Bullet Car, pertaining to its bullet like shape. Not only ... Read more...
Posted in World News |
Porsche chief steps down as Volkswagen prepares to take over (Lead)
July 23rd, 2009 - 3:22 pm ICT by IANS
Stuttgart, July 23 (DPA) Wendelin Wiedeking, the chief executive of German carmaker Porsche AG, resigned Thursday after losing a power struggle with Volkswagen, which is set to take over Porsche.
Porsche's supervisory board ... Read more...
Posted in Business |
VW, Porsche announce plans for merger
May 7th, 2009 - 3:36 am ICT by IANS
Stuttgart, May 7 (DPA) Owners of the German sports car maker Porsche announced plans Wednesday for merging with the Volkswagen group into what is to be an "integrated car concern", the final ... Read more...
Posted in Business |
Skoda India records 34.8 percent sales growth
October 1st, 2008 - 7:22 pm ICT by IANS
New Delhi, Oct 1 (IANS) Skoda India, a fully-owned subsidiary of Skoda Auto of Czech Republic, Wednesday said it has recorded 34.8 percent sales growth in September 2008.The company said in a ... Read more...
Posted in Business |
Skoda sales up 22.6 percent in August in India
September 1st, 2008 - 6:43 pm ICT by IANS
New Delhi, Sep 1 (IANS) Skoda India, the fully-owned subsidiary of Skoda Auto of the Czek Republic, Monday reported a 22.6 percent growth in car sales August.The company said in a statement ... Read more...
Posted in Uncategorized |
Volkswagen posts 69 percent sales growth in India
July 14th, 2008 - 9:18 pm ICT by IANS
Mumbai, July 14 (IANS) Europe's leading automobile manufacturer Volkswagen Group notched a 69 percent growth in sales of its Audi, Skoda and Volkswagen brands in India this year. The three coveted brands ... Read more...
Posted in Business |
SkodaAuto India’s May sales higher by 122.5 percent
June 2nd, 2008 - 3:39 pm ICT by admin
Aurangabad (Maharashtra), June 2 (IANS) SkodaAuto India, a fully owned subsidiary of the Czech Republic based SkodaAuto - part of the Volkswagen Group, has sold 1,802 units this month, 122.5 percent higher ... Read more...
Posted in Business |
SkodaIndia unveils new Fabia 1.2 MPI model
May 2nd, 2008 - 7:15 pm ICT by admin
Pune, May 2 (IANS) With Fabia establishing itself in the Indian car market, ScodaIndia Friday unveiled yet another version of its popular hatch-back model, Fabia 1.2 petrol version, in three variants - ... Read more...
Posted in Business |
SkodaIndia sales up 81.4 percent in April
May 1st, 2008 - 9:23 pm ICT by admin
Pune, May 1 (IANS) Auto manufacturer SkodaIndia Thursday announced sales of 1,814 cars in April 2008, showing an 81.4 percent growth over April 2007. The figure includes 834 units of India's first ... Read more...
Posted in Business |