BMW posts record half-yearly sales in India with 5,171 units

NEW DELHI: German luxury car maker BMW today reported a sale of 5,171 units in India during the first half of the year, marking its best-ever half-yearly sales in the country. Sale of BMW and MINI brand of cars grew by 13 per cent to 5,171 units during the January-June period, as compared with the… Continue reading BMW posts record half-yearly sales in India with 5,171 units

Possible partial sale alarms Opel works council

Wednesday, 07/04/2018 14:13 The lossy carmaker Opel do not come to rest. Speculations about a partial sale of the development center (ITEZ) in Rüsselsheim have now alarmed the works council. The committee is planning a short-term business meeting with the management for Thursday. “A (sale) of the Opel development Opel would take the future,” criticized… Continue reading Possible partial sale alarms Opel works council

Volkswagen to launch car-sharing with electric vehicles in 2019

FRANKFURT: Volkswagen plans to start offering car-sharing services using fully electric vehicles in German cities next year as part of efforts to serve consumers who don’t want to buy their own vehicles. Its offering will compete in its home market with DriveNow and Car2Go, the soon-to-be-merged carsharing services of BMW and Daimler. Volkswagen said on… Continue reading Volkswagen to launch car-sharing with electric vehicles in 2019

PSA explores partial sales of Opel Research Center

Wednesday, 07/04/2018 10:32 clock PSA boss Carlos Tavares wants by 2020 Opel out of the red. Part of the restructuring plan could also be a partial sale of Opel’s R & D center. According to the French daily Le Monde, the French carmaker is considering Peugeot Citroën (PSA) such a step. Four sectors could be… Continue reading PSA explores partial sales of Opel Research Center

Opel workers reject possible sale of R&D business

“A sale of Opel’s development would rob Opel of its future.” Germany: Opel‘s labour representatives said they would fight any plans to sell all or parts of the carmaker‘s research and development business, following a media report that parent PSA Group and Opel had already sounded out possible buyers. “A sale of Opel’s development would… Continue reading Opel workers reject possible sale of R&D business

Volkswagen reveals sketch of India-bound T-Cross SUV

Barely two days after the Volkswagen Group announced its big-ticket investment of a billion euros (Rs 8,000 crore) to revamp its India operations and drive a Skoda-led programme to develop future Volkswagen Group cars for India, the German carmaker today released a sketch of the T-Cross SUV. The vehicle will be based on the Volkswagen… Continue reading Volkswagen reveals sketch of India-bound T-Cross SUV

Opel drives clearly behind the competition

Opel has clearly lost ground on the German car market in the first half of the year. At the same time, more cars have been registered under the line than a year ago, as figures from the Kraftfahrt-Bundesamt show. For example, market leaders VW and competitor Ford have significantly increased their sales. After all, Opel… Continue reading Opel drives clearly behind the competition