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Volkswagen's India-specific Sedan coming next year

It will be a compact Sedan and compatible with Indian conditions. The rollout will be most likely during next year.

Germany's Audi rules out entry into Formula One racing

Germany`s Audi has no plans to enter Formula One, the company said on Monday, seeking to end speculation that the sportscar maker was tempted to broaden its commitment to motor racing.

Audi opens technical service centre in India

German Luxury car maker Audi Friday opened a technical service centre in India, its first such establishment in the country.

Mercedes-Benz to recall 1 lakh cars in China due to fire risk

German luxury carmaker Mercedes-Benz will recall 1,27,071 cars in China starting due to a fire risk and steering issues, Beijing's quality watchdog said Monday.

Audi plans 10 launches in India to maintain leadership status

German car maker Audi plans around 10 new launches in India this year, besides making its operations there benefit from the planned 24 billion euro global investments by 2019 to maintain its leadership status in the luxury segment.

Audi to invest 24 bn euros in 4 years on global expansion

German luxury car maker Audi plans to invest 24 billion euros (about Rs 1.61 lakh crore) over the next four years to enhance its global production network, including two new plants in Mexico and Brazil, and launch new models.

Volkswagen unveils new Jetta, says won't add dealerships this year

The German car major launched five models of its popular sedan Jetta in petrol and diesel versions in 2-litre and 1.4-litre engines with six-speed dual-clutch transmission available with the diesel models.

Volkswagen to build two new plants in China

German carmaker Volkswagen will build two new vehicle plants in China as it invests USD 2.7 billion along with its partner, it announced Monday during a visit by Chancellor Angela Merkel.

VW to spend over $1 billion on new Polish van factory

Volkswagen will spend nearly 3.4 billion zlotys on a new factory to build the Crafter delivery van in Poland, moving output out of high-cost Germany in the company`s biggest-ever commercial vehicle project.

BMW drives on to record sales, earnings in 2013

German top-of-the-range car maker BMW said Thursday it achieved record sales and earnings and plans to pay an increased dividend to shareholders.

Audi reports 13% growth in Jan-Nov sales

German luxury car maker Audi on Thursday reported a little over 13 percent increase in sales at 9,146 units in the January-November period in the country.

Falling rupee may force price hike: Mercedes Benz

Sliding rupee against world currencies may force luxury car maker Mercedes Benz to go for price hike in future, a top official of the German auto maker said Thursday.

BMW drives to record profits in 2011

German top-of-the-range carmaker BMW said Thursday it powered ahead to new records in unit sales, revenues and profits in 2011 and expected to continue to grow again this year.