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The Dollar Business BureauAutomobile major Volkswagen is planning to strengthen its SUV segment with the launch of its premium model Tiguan in India. The world's largest car manufacturer looks to scale up its presence in the Indian market. It is reintroducing its premium sedan Passat this year, in addition to its newly unveiled performance-oriented hatchback GTI. The company in one of its recent announcements said it is eyeing at positioning itself as an "accessible premium car brand" in the world’s fourth-largest automobile market. "Tiguan as our first premium SUV, comes into an area where we see more and more people investing in such cars. That will be the first step for us into that domain of SUVs," said Michael Mayer, Volkswagen Group ...

The Dollar Business Bureau The German automaker Audi, has plans to launch 10 models including new models in India in 2017 in-order to regain its top position in the Indian luxury vehicles segment which was lost to Mercedes-Benz in 2015. In India, Audi sold 10,851 units in 2014 and 11,192 units in 2015 whereas Mercedes-Benz India sold 10,201 units in 2014 and 13,231 units in 2015 surpassing Audi. Audi a German automaker company manufactures and sells under the Volkswagen group. Currently, in India, Audi has 40 dealerships in 11 states and two union territories. Its manufacturing unit is located in Aurangabad, Maharashtra. The company manufactures and assembles Audi A3, Audi A4, Audi A6, Audi Q3, Audi Q5, Audi Q7 models in the country. The other ...

The Dollar Business Bureau Luxury car maker Lamborghini expects a double digit growth this year in the sales of its exclusive super sports cars in India, citing stable import policy has supported in its sales growth. The Italian brand has two product launches lined up in India in 2017, including the new Avendator. Earlier this month, the company has launched the convertible Huracan Spyder with rear-wheel drive, which is priced at Rs.3.45 crore. The Italian sports car manufacturer is preparing to cash in on the rise of a new breed of consumers in India - the first generation entrepreneurs, specifically from tier II and III cities and also the women buyers. “In 2017, I expect that the segment should carry on with its double ...