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

BMW targets affluent customers in India’s emerging EV market

BMW plans to expand in India’s emerging electric car market, aiming to win over rich consumers in the world’s most-populous nation amid a growing emphasis on clean energy.The German automaker expects electric vehicles to account for 25% of its sales in the country by 2025, Vikram Pawah, president of the company’s India business said in … Read more