New Delhi: Exchange scheme for two-wheeler with a Tata Nano; discount of up to Rs 50,000 on diesel sedan SX4 from Maruti Suzuki; free insurance with some of the models from Ford and Honda - desperate

The government on Saturday said auto major Volkswagen had proposed to set up an engine assembly unit in the state during the just-concluded Emerging Kerala Meet here.

In a statement, KSIDC executive

Toyota said Friday that its quarterly net profit skyrocketed to $3.71 billion and it upped sales targets, as the Japanese auto giant recovered from last year's quake-tsunami disaster.

The company sai

Volkswagen aims to wrap up its long-awaited purchase of sports-car maker Porsche on August 1, two years before a planned target date to complete the deal free of tax.

Porsche SE, the holding company

German auto major Volkswagen AG on Thursday said it has put on hold the proposed Rs 2,000 crore investment plan in India as the VAT refund issue with the Maharashtra government remains unresolved.

"T

Volkswagen, Europe's biggest car maker, said on Thursday it got off to a 'successful' start to 2012, with net profit nearly doubling in the first three months.

VW said in a statement its net profit m

Volkswagen, Europe's biggest car maker, said Thursday it got off to a 'successful' start to 2012 with net profit nearly doubling in the first three months.

VW said in a statement its net profit motor

Volkswagen's Audi division said it agreed to buy Italian motorcycle maker Ducati, adding a 12th brand to the German auto maker's portfolio of passenger cars, trucks and ultra-luxury vehicles.

The 20-

German auto major Volkswagen will finalise by the end of this year its plans to introduce small car UP! in India that will be priced below the current entry- level hatchback Polo.

The company will co

Audi, the premium car brand of the Volkswagen Group , will launch seven new models in India and expand its dealers' network this year, as it looks to increase sales and market share in the luxury car