Porsche SE won European Union antitrust approval of its plan to gain a controlling stake in Volkswagen AG, Europe’s largest automaker.
Combining the German carmakers wouldn’t harm competition, the European Commission said in a statement today. The decision allows Porsche to add 4.9 percent to its existing 31 percent holding through a share-purchase agreement, giving it […]

 
Volkswagen will launch the cheaper variant of its Passat saloon in the Indian market by the festive season of Diwali. The new variant will be powered by the common rail engine which will have the same power as the current pump duse motor. The Ex-Showroom price as a result will come down to 20 lakh […]

 
Europe’s biggest car maker, Volkswagen AG has big plans for India. The company plans to garner a significant, 10% share of the Indian car market in the next 5-6 years for which the company will be increasing the number of models sold in India, and the number of dealerships.
“Considering the growth that the Indian market has […]

 
Global car makers are making a beeline to roll out their Budget Cars in the largest Small car market of the world and the latest one to make entry after Toyota, General Motors, Hyundai & Bajaj Auto is the Europe’s largest car maker, Volkswagen.
VW plans to roll out its low-priced car VW Up! by 2010-11. […]

 
Volkswagen Tiguan has received the 2008 Auto 1 Trophy in the category “Off-Roaders” at the 78th Geneva Motor show. More than 40 million readers of the Auto Bild Group as well as trade experts were called upon over the past  months to pick the best vehicles from among 74 new models. Ulrich Hackenberg, Volkswagen’s executive […]

 
Volkswagen released the first official details on the new Volkswagen Scirocco that will be unveiled at the Geneva Motor Show.
The German automaker will be premiering an array of models at the Geneva Motor Show 2008. The highlight of Volkswagen’s showcase will be the completely re-engineered Scirocco, an all-round sports car. The Volkswagen Scirocco is based […]