Volkswagen India unit faces $1.4 billion tax evasion notice

Volkswagen India unit faces .4 billion tax evasion notice

India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by “wilfully” paying lesser import tax on components for its Audi, VW and Skoda cars, a document shows, in what is one of the biggest such demands. A notice dated Sept. 30 says Volkswagen used to import “almost the … Read more

India is a “strategic market” for Volkswagen: Piyush Arora, MD & CEO, Skoda Auto Volkswagen India

India is a “strategic market” for Volkswagen: Piyush Arora, MD & CEO, Skoda Auto Volkswagen India

India is a “strategic market” for the Volkswagen Group, and it will continue to build on its product portfolio in the country, with or without a partner to capitalise on the growth opportunities here, Piyush Arora, Managing Director & CEO of Skoda Auto Volkswagen India told ET. Arora’s statements come amid media reports of a … Read more

Volkswagen taigun: Volkswagen India to offer 6 airbags across all variants Taigun and Virtus models

Volkswagen taigun: Volkswagen India to offer 6 airbags across all variants Taigun and Virtus models

German premium car maker Volkswagen India on Monday said it will offer six airbags across all variants of its 5-Star Global NCAP (GNCAP) safety-rated Taigun and Virtus models. Since the introduction of the India 2.0 product portfolio, the company said it is continuously enhancing its product offerings and has expanded its variant line-up, keeping in … Read more

Automobile exports from India dip 5.5% in FY24

Automobile exports from India dip 5.5% in FY24

Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23. Commenting on the drop in overseas shipments last fiscal, SIAM … Read more

Volkswagen to bring more premium vehicles to India

Volkswagen to bring more premium vehicles to India

Jaipur: Rapid growth in the highway network, along with an increase in the spending power of consumers, is pushing up sales of vehicles in India, German automaker Volkswagen’s executive director, international sales, Michael Mayer, told ET. The company, he said, is invested in bringing more premium vehicles to strengthen its presence in this market. India … Read more

Interview With Ashish Gupta, Brand Director, VW Passenger Cars India

Interview With Ashish Gupta, Brand Director, VW Passenger Cars India

In this interview we talk to Ashish Gupta -Brand Director, Volkswagen Passneger Cars India on the Sucess of Virtus & Taigun and Upcoming vehicles. Also, We discussed brand’s EV strategy and how Volkswagen is shaping its perception with customers. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all … Read more

volkswagen: Volkswagen India ties up with Centre for its vehicle scheme

volkswagen: Volkswagen India ties up with Centre for its vehicle scheme

Automaker Volkswagen India has partnered with Centre’s Kendriya Police Kalyan Bhandar scheme to offer its products to personnel of central security agencies and their families. Under this initiative, Volkswagen India is making its entire range of cars available to beneficiaries of the KPKB scheme across the country. The KPKB scheme was launched as a welfare … Read more

volkswagen passenger cars india: Volkswagen Passenger Cars India to hike prices from January

volkswagen passenger cars india: Volkswagen Passenger Cars India to hike prices from January

Volkswagen Passenger Cars India on Tuesday said it plans to hike prices by up to 2 per cent across model range to offset adverse impact of rising input and material costs from January 1, 2024. Already other manufacturers such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda, Audi and BMW, have … Read more