German Auto Industry

Tesla's Berlin Gigafactory confronts Ikea coffee cup thefts amid broader controversies over working conditions and environmental impact

Leonie Gebers emphasised the great potential of India and expressed Germany's interest in collaborating across different sectors

European auto major Volkswagen Group's car sales in India grew around 2 per cent year-on-year to 145,713 units in 2023, the company said on Monday. Of this, domestic sales stood at 101,465 units, while 44,248 units were exported, it said in a statement. The company had sold 134,667 cars in the January-December period of 2022. Skoda Auto Volkswagen India has five luxury car brands -- Skoda, Volkswagen, Audi, Porsche, and Lamborghini -- under it. The group maintained steady sales momentum in 2023, with domestic sales soaring past 100,000 units for the second year in a row, the company said. Exports grew 32 per cent year-on-year with 44,248 units shipped from India, underlining the company's expanding global reach, it said. Additionally, the group's overall customer deliveries witnessed a 4 per cent growth in the domestic market, indicating a robust market presence, the company said. It also said the group delivered over 10,000 cars in December last year alone, adding that Made-in-

Volkswagen (VW) will introduce twin electrically adjustable front seats (driver and co-driver) for its midsize SUV Taigun and sedan, Virtus

As Merkel prepares to leave office after 16 years, automotive executives are left wondering what to expect from her successor

Despite the Covid-19 pandemic, Porsche achieved record revenues of 28.7 billion euros ($34.14 billion) in the fiscal year 2020, the German sports car manufacturer announced on Friday.

The Stoxx 600 autos index was down 3.1%