Business Standard

Tuesday, January 21, 2025 | 05:31 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Skoda Volkswagen

In discussions with potential local partner: Skoda Auto Volkswagen India

Skoda Auto Volkswagen India on Monday said it is in discussions with a potential partner regarding possible collaboration in India, refuting speculation that it has halted the process of finding a local collaborator after the investigation over alleged customs duty fraud. The company, which is leading the German automotive group Volkswagen's India operations, asserted that finding a local partner in India and the show cause notice by authorities for alleged customs duty fraud to the tune of Rs 11,000 crore (about USD 1.4 billion) over import of cars as completely knocked down units, are completely separate and unrelated. "To fully explore the country's growth potential, we are always considering new business opportunities and are evaluating various options to ensure the best possible solution to implement our strategy in the highly dynamic Indian market. We are currently in discussions with a potential partner regarding possible collaboration," Skoda Auto Volkswagen India said in a .

In discussions with potential local partner: Skoda Auto Volkswagen India
Updated On : 02 Dec 2024 | 7:04 PM IST

Mahindra & Mahindra, Skoda-Volkswagen clash over joint venture terms

M&M, with a stronger position in the domestic market, is reluctant to compromise with the two sides facing disagreements over issues related to development costs and sourcing

Mahindra & Mahindra, Skoda-Volkswagen clash over joint venture terms
Updated On : 19 Nov 2024 | 9:42 AM IST

Mahindra & Mahindra and Skoda Volkswagen to sign joint venture soon

The JV will include sharing of costs, technologies, and vehicle platforms but will not include sedans, SUVs, and premium brands like Audi, Porsche, and Lamborghini sold by Volkswagen and Skoda

Mahindra & Mahindra and Skoda Volkswagen to sign joint venture soon
Updated On : 25 Sep 2024 | 10:54 AM IST

VW's Skoda sees opportunity to launch hybrid cars in India to cut emissions

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 South Asian nation

VW's Skoda sees opportunity to launch hybrid cars in India to cut emissions
Updated On : 10 Sep 2024 | 3:34 PM IST

Mahindra, Volkswagen near joint venture agreement for electric SUVs: Report

The proposed joint venture will concentrate primarily on the development of battery-powered SUVs for both the Indian and international markets, although it will also encompass fossil fuel-based models

Mahindra, Volkswagen near joint venture agreement for electric SUVs: Report
Updated On : 30 Aug 2024 | 6:14 PM IST

As Volkswagen struggles in China. Can EVs help it grow in US market?

By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15 per cent

As Volkswagen struggles in China. Can EVs help it grow in US market?
Updated On : 23 Jul 2024 | 1:28 PM IST
Updated On : 19 Jun 2024 | 12:38 PM IST

European auto company Skoda-VW hits 1.5 million output mark in India

30% of the Group's India production is exported

European auto company Skoda-VW hits 1.5 million output mark in India
Updated On : 28 May 2024 | 10:50 PM IST

Mahindra & Mahindra to use Volkswagen electric components, battery cells

The Indian company will be the first external partner to use the unified cell, a new cell technology that Volkswagen plans to use for 80% of its battery cells and promises will reduce costs by half

Mahindra & Mahindra to use Volkswagen electric components, battery cells
Updated On : 16 Feb 2024 | 11:38 AM IST

Volkswagen Group's India unit looking to introduce entry-level electric SUV

The carmaker is looking at exporting the new EV to southeast Asia, Gulf Cooperation Council (GCC) countries and North Africa

Volkswagen Group's India unit looking to introduce entry-level electric SUV
Updated On : 02 Feb 2024 | 11:53 AM IST

Volkswagen Group's auto sales up 8% in India, reached 145,713 units in 2023

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 Group's auto sales up 8% in India, reached 145,713 units in 2023
Updated On : 16 Jan 2024 | 10:15 AM IST

Volkswagen launches 'Sound' edition for Taigun, Virtus with enhanced audio

The new 'Sound' variants will be offered in four colour options, which include Lava Blue, Carbon Steel Grey, Wild Cherry Red, and Rising Blue

Volkswagen launches 'Sound' edition for Taigun, Virtus with enhanced audio
Updated On : 21 Nov 2023 | 4:11 PM IST

Car sales to cross 4 mn mark this year on strong demand despite price hikes

Carmakers are expecting sales of 4.10 to 4.17 mn cars this calendar year. This is 8-10% more than the sales registered in 2022, despite the high base of last year

Car sales to cross 4 mn mark this year on strong demand despite price hikes
Updated On : 14 Nov 2023 | 1:07 PM IST

Volkswagen Virtus GT DSG launched in India at Rs 16.19 lakh, details here

German carmaker Volkswagen Virtus GT DSG will be available in each of the seven varieties- Wild Cherry Red, Curcuma Yellow, Carbon Steel Grey, Rising Blue, Candy White, Lava Blue and Reflex Silver

Volkswagen Virtus GT DSG launched in India at Rs 16.19 lakh, details here
Updated On : 03 Jul 2023 | 5:19 PM IST

Volkswagen offering up to Rs 1.40 lakh discounts on Taigun and Virtus

It is likely that buyers can avail of discounts over and above these offers as they finalise their purchase

Volkswagen offering up to Rs 1.40 lakh discounts on Taigun and Virtus
Updated On : 21 Jun 2023 | 2:54 PM IST

Volkswagen prepping its 7-seater SUV Tayron, India launch likely in 2025

The Tayron will replace the seven-seater Tiguan AllSpace which is set to retire after its current generation

Volkswagen prepping its 7-seater SUV Tayron, India launch likely in 2025
Updated On : 19 Jun 2023 | 12:37 PM IST

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

Image
Updated On : 15 May 2023 | 4:50 PM IST

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list
Updated On : 15 May 2023 | 4:50 PM IST

Honda's latest midsize SUV to be launched on June 6; check features, price

At a time when the Indian market is fraught with SUVs in all shapes and designs, at this point, Honda does not have an SUV to offer

Honda's latest midsize SUV to be launched on June 6; check features, price
Updated On : 02 May 2023 | 1:43 PM IST

As VW prepares to launch ID.4 in India, a look at world's best-selling EVs

The electric crossover was unveiled globally in 2021. It was also a part of the 2020 Auto Expo

As VW prepares to launch ID.4 in India, a look at world's best-selling EVs
Updated On : 19 Apr 2023 | 4:19 PM IST