Mumbai sources have
stated that Skoda auto posted a more than 30%
increase in India sales in 2017, as strong demand for the Rapid and other
models helped the Czech automaker see its volume in this market growing for the
first time in five years.
Meanwhile the Volkswagen Group owned company is aiming to sustain the momentum in 2018 as well, and is eyeing double-digit growth and volume of 19,000-20,000 units and in 2017, it sold about 17,000 vehicles in India.
Presently it is banking on the Kodiaq and the Karoq, another SUV
that will be launched towards the end of 2018, to drive sales before a new car
aimed at the volume segment hits the market post 2020. Moreover Skoda spent
about Rs 100 crore over the last few years to restructure the entire sales and
Honda Company is targeting parts exports to the tune of Rs. 1500 Crore New Delhi sources have stated that Indian arm of Japanese car maker Honda Cars India is gunning to up its component exports from India to overseas markets. It is targeting parts exports to the tune of Rs 1500 crore in the current financial year (2017-18) up 31.57% from Rs 1140 crore posted in FY17.
- Maruti is confident in adding more volumes in next 12 to 18 months
- Auto scrapping plants save India forex?
- Saurbh Vatsa, a General Motors veteran joined the Indian unit of Peugeot as head of marketing
- GST not imposed for second hand car by an individual
- 250 smart poles to be installed in Hubballi-Dharwad for charging Electric Vehicles
- TCS hiring by PSA aims at designing products for Hyundai and Maruti
- Italian super sports luxury carmaker said 2017 was a challenging year with impact of GST
- Planning to buy Diesel cars? But read this before getting it as they are too expensive than Petrol cars
- Skoda closes financial year 2017 by 30% growth
- EV thrust renewable energy with improved technology helps India bring down its fuel import bill
- A New Milestone for Maruti Suzuki in 2018!
- Electric Vehicle industry soon to be established in AP
- Auto industry managed to gather pace this fiscal
- So, this is the new competition for Honda?
- By 2030 Piyush Goyal holding power aims to become 100% e-vehicle nation