No longer associated with the iconic car, Ferrucio Lamborghini and family are focussing on lifestyle products instead. But he still has one foot in auto and has set up a JV to make electric golf carts
The move comes as part of the company's ongoing Skoda-led gameplay for the country, analysts say
Volkswagen is also planning to launch leasing operations in India
Top court was hearing plea moved by Volkswagen against Rs 100 crore fine imposed on it by NGT
The company currently sells a range of vehicles starting from hatchback Polo to premium sedan Passat with prices ranging from Rs 555,000 to Rs 3.29 million
'The idea is to increase synergy across operations, strategy, addressing regulations, specifically Co2 emissions, and tailoring the product portfolio'
The restructuring of the Volkswagen Group companies in India is planned for next year, subject to regulatory approvals
The company will also look to export vehicles manufactured in India to newer destinations other than the 30 plus countries where it exports currently
The 1.0 L MPI engine Polo will generate a peak power of 56 kW and a torque of 95 Nm
The Indian market remains attractive for the group, says Volkswagen Group spokesperson
The year also witnessed the launch of the most awaited GTI and new variants of the Polo and Vento
The limited edition 3-door GTI will come equipped with 7-speed automatic DSG transmission producing 192 PS power
The company had sold 3,255 units in the same month last year, Volkswagen said in a statement.
Sales stood at 4,301 units in July as compared to 4,029 units in the same month last year
The German car manufacturer is analysing the issue & will propose technical measures to ARAI to solve this inconsistency at the earliest.