Volkswagen

Govt singles out VW in $1.4 bn tax dispute, says Kia corrected course

India says Volkswagen used a clandestine scheme to import auto parts in separate shipments, to evade detection and cut taxes, instead of declaring items as "completely knocked down"

Skoda Volkswagen will have to fall in line on tax demand: Customs to HC

Skoda Auto Volkswagen India will have to "fall in line and not play victim," the Customs department told the Bombay High Court on Thursday, justifying its tax demand notice of USD 1.4 billion to the company for allegedly providing misleading information about its imports. Additional Solicitor General N Venkatraman, appearing for the customs department, said the rule of law is the same for everyone. "You have to follow the law. You have to fall in line. The rule of law is the same for everyone. Similar importers are already paying 30 per cent," he said. The customs department was not at fault for sending the show-cause notice but "it is the company's fault for not classifying the items properly," the ASG added. "Don't be the victim here. If you don't follow the law then we will initiate action in accordance with the provisions of law," Venkatraman said. A division bench of Justices B P Colabawalla and Firdosh Pooniwalla was hearing a petition filed by the company, challenging the .

Won't stop Volkswagen consignment in $1.4 bn tax demand case: Centre to HC

The customs department on Monday told the Bombay High Court that it has not, and will not, stop any consignment of Skoda Auto Volkswagen India pursuant to a September 2024 show cause notice issued to the German firm seeking USD 1.4 billion in tax. The company last month filed a petition in the HC challenging the notice, terming it as "arbitrary and illegal". The tax demand notice relates to the firm allegedly importing car parts as individual units rather than as completely knocked down (CKD) units, which attract higher import duties. A division bench of Justices B P Colabawalla and Firdosh Pooniwalla heard the matter extensively on Monday and said it would continue the hearing on February 20. The bench questioned what if the company imports all components of the car except one item and then says they are only parts and not a CKD unit. "You (petitioner) bring in all the components except for one - let's say the gear box. You would still fall under the parts component and submit ..

'Matter of survival': Volkswagen to court in $1.4 bn tax demand case

Authorities alleged Volkswagen India imported almost entire cars in an unassembled condition - which attracts a 30-35% tax - but evaded levies by mis-classifying them as "individual parts"

Bombay HC to hear Volkswagen's plea against $1.4 bn tax notice on Feb 17

The Bombay High Court on Wednesday said it would hear on February 17 a plea filed by Skoda Auto Volkswagen India challenging the tax demand of USD 1.4 billion by Indian customs authorities. The Volkswagen group, currently led in the country by Skoda Auto Volkswagen India, has been accused of deliberately misleading customs authorities through its mode of import of parts as individual units rather than as a component of a 'completely knocked down' (CKD) unit, which attracts higher import duty. The automobile company last month filed a petition in the HC, challenging a show-cause notice issued by the authorities in September 2024 under the Customs Act. On Wednesday, the company's counsels mentioned the plea before a division bench of Justices B P Colabawalla and Firdosh Pooniwalla, seeking urgent hearing. The high court agreed to hear the plea on February 17. The notice alleged that the company misclassified its imports of Audi, Skoda and Volkswagen cars as "individual parts" instea

Volkswagen sues India to quash 'enormous' $1.4 billion tax demand

Volkswagen's unit, Skoda Auto Volkswagen India, also told the High Court in Mumbai tax dispute puts at risk its investments of $1.5 billion in India, and is detrimental to foreign investment climate

Chinese buyers likely interested in unwanted German Volkswagen factories

Buying a factory would allow China to build influence in Germany's prized auto industry, home to some of the oldest and most prestigious car brands

Amid competition & delays, Volkswagen faces another year without new EVs

The manufacturer's deliveries risk slumping again because its namesake VW brand doesn't have a new electric car coming in 2025

Volkswagen Golf GTI to rev up India's hot hatch scene in August 2025

Volkswagen will bring the Golf GTI under the government's homologation-free import scheme which allows imports of 2,500 units without meeting local testing norms

Volkswagen, labour unions continue talks over plant closures and pay cuts

Talks have been ongoing since Monday in hopes of reaching an agreement before Christmas to prevent massive strikes

VW, unions resume last-ditch round of talks for the year on cost cuts

Talks ended after around 13 hours of negotiation in the early hours on Tuesday without a deal but would resume mid-morning, a spokesperson for IG Metall union said

VW workers step up strikes in order to fight German plant closures

The IG Metall union said workers would down tools for four hours at nine different sites in so-called "warning" strikes across the country

Workers of nine Volkswagen plants to strike as labour battle escalates

Labour union last week proposed measures it said would save 1.5 billion euros ($1.6 billion), including forgoing bonuses for 2025 and 2026, which Europe's top carmaker dismissed

Volkswagen workers to go on warning strikes at plants across Germany

"If necessary, this will be the toughest collective bargaining battle Volkswagen has ever seen," IG Metall negotiator Thorsten Groeger said in a statement

Amid human rights concerns, Volkswagen to exit China's Xinjiang plant

Amid allegations of Uyghur rights abuses, Volkswagen and SAIC will sell their Xinjiang plant and testing tracks in Turpan and Shanghai's Anting to SMVIC

VW workers' union propose $1.6 billion of cuts, but no plant closures

The IG Metall union, arguing the company was trying to push through more than 17 billion euros in cuts, said its offer was also contingent on stakeholders

In high-wage Germany, Volkswagen's labour costs outstrip the competition

Management will start the next round of negotiations with unions representing roughly 120,000 German workers on Thursday. Unions are demanding a 7 per cent pay rise

Volkswagen raises its investment in Rivian by 16% to $5.8 billion

Shares in the US EV maker, valued at over $11 billion, rose nearly 9 per cent in extended trading

Volkswagen labour chief sounds alarm on mass layoffs, plant closures

Europe's biggest carmaker has been negotiating for weeks with unions over its plans to revamp its business and lower costs, including considering plant closures in Germany for the first time

Germany must forge new policy to save its industry, says Chancellor Scholz

Fears of de-industrialization came into focus last month when carmaker Volkswagen announced it was considering for the first time in its history closing factories in Germany