Volkswagen will buy a one-fifth stake in Suzuki for $2.5 billion, tapping the Japanese firm’s expertise in small cars and dominance in India as the German manufacturer seeks to become the No.1 automaker. The move is the second by the ambitious VW Chairman Ferdinand Piech this week after a $5.8 billion purchase of 49.9% stake … Read More
Volkswagen is one of the biggest carmakers in the world. The Volkswagen Group comprised of around 12 brands that includes Volkswagen itself, Audi, Seat, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania and MAN. Volkswagen lineup includes all types of vehicles hatchbacks, sedans, crossovers, SUVs, pickup trucks, MPVs and so on. Headquartered in Wolfsburg, Volkswagen is the biggest German automaker in the world. Volkswagen was found in 1937. Volkswagen means people’s car. Volkswagen is also present in the Indian market with the Volkswagen Polo, Vento and Jetta. The German carmaker also has plans to expand its Indian lineup in the future with more India specific models.
Volkswagen aims to sell one lakh units in the Indian market by 2014, largely with the help of the Polo which it plans to launch next year. The launch of the Polo in both hatchback and sedan models in 2010 will help VW to move beyond the narrow confines of being viewed as a luxury … Read More
Volkswagen India has started production of the Skoda Fabia at their Chakan plant in Pune. The ocassion was also the moment when all the employees of the plant in Chakan came together to make it a moment to relish as they celebrated India’s 63nd Independance Day. The celebrations started with the planting of saplings by … Read More
The Cannes Lions International Advertising Festival has awarded Volkswagen the Advertiser of the Year award. The festival organisers give the award to advertisers that have distinguished themselves for inspiring innovative marketing of their products and who embrace and encourage the creative work produced by their agencies.
Around 280 suppliers from India and abroad participated in a two day Suppliers Conference hosted by the Volkswagen Group. This, the company’s second international such conference, aimed to lay the foundation for a co-operative partnership in India and provide an understanding of the automotive division of the Volkswagen brand as well as the manufacturing plant … Read More
Volkswagen AG is embarking on an auto component sourcing drive from India, which will see the company ordering materials worth one billion euro for its global operations, within the next two years. Volkswagen currently makes annual purchases of auto components worth 70 billion euro from suppliers across the globe.
Volkswagen is considering bringing its popular model Caddy into India as a low cost taxi for urban use. The commercial vehicle making arm of VW has also stated that it will come into India with a JV partner and it is close to incorporating that business in India. VW officials told reporters at the recently … Read More
VW is competing with German rival Mercedes-Benz in the van segment by planning to launch its minivan models, targeting the business class. Diesel variants of the Caravelle and Crafter will be launched by the end of the year. Currently Mercedes sells its Viano in the van segment.
German carmaker Volkswagen plans to drive in its iconic car ‘Beetle‘ in India as it looks to strengthen presence in the country. (Also Read Jet VW Beetle)