Top executives of Mahindra & Mahindra and Skoda Auto Volkswagen India (SAVWIPL) are likely to meet over the next few days in Mumbai to discuss forming a potential car manufacturing joint venture in India, said people familiar with the matter. “The board members of SAVIWPL and M&M are scheduled to meet over the next few … Read more
Remember Opel Astra? It was India’s first tryst with German technology on the roads. With automatic transmission — a rarity in those days — ventilated disc brakes and a CFC-free air-conditioning system, Astra quickly became the car to dream for. It single-handedly launched the premium luxury sedan segment in India. Opel, then owned by Detroit, … Read more
Czech carmaker Skoda is looking to drive in new models, including the latest version of its premium SUV Kodiaq, in India to bolster its presence in the country. The automaker has already announced plans to introduce a sub-4 meter compact SUV in the country early next year. Skoda already has a presence in the mid-sized … Read more
Car makers are offering discounts on various models, including SUVs, according to reports. Now, the country’s leading car maker, Maruti Suzuki, has joined the bandwagon. Reports claim that Maruti is offering a huge Rs 1.4 lakh discount on one of its top SUVs. Specifically, Maruti is offering a Rs 1.4 lakh discount on the Grand … Read more
Mumbai: India’s recently announced electric vehicle policy will help global carmakers expedite decisions on investing in manufacturing EVs in the country besides allowing brands gauge customer response to premium EV models in a value conscious market, said a senior executive at the local arm of Czech carmaker Skoda Auto. Speaking to ET, Petr Janeba, brand … Read more
Czech car maker Skoda Auto has kept a low profit ambition for India despite being in the market for more than 20 years even as the top five carmakers in the very same market, have had a profitable run – most recently, led by a sustained gain in volumes of pricier models. The Volkswagen Group … Read more
As Skoda Auto India prepares to enter the high volume, competitive compact SUV market in H1 of 2025, the Czech carmaker is looking to tweak its product and go-to-market strategy, Petr Janeba, the company’s brand director, told ET. The upcoming model will play a crucial role in the Volkswagen Group brand’s target to cross the … Read more
