: Sunday, June 6, 2021, 4:25 PM IST
Car prices may be fairly stable in short term; demand to rise from this month: Volkswagen India official
Car prices may be fairly stable in short term; demand to rise from this month: Volkswagen India official
Prices of cars are likely to remain fairly stable in the short term as the second COVID-19 wave has more or less balanced the demand-supply situation in the past two months, according to a senior official at Volkswagen Passenger Cars India.
Automobile makers witnessed plunging sales in May, reversing the recovery trajectory in the first three months of 2021 that was fuelled by pent-up demand. Various states and authorities resorted to restrictions and lockdowns in April and May to curb rising infections during the second COVID-19 wave.
Prices of cars are likely to remain fairly stable in the short term as the second COVID-19 wave has more or less balanced the demand-supply situation in the past two months, according to a senior official at Volkswagen Passenger Cars India. Automobile makers witnessed plunging sales in May, reversing the recovery trajectory in the first three months of 2021 that was fuelled by pent-up demand. Various states and authorities resorted to restrictions and lockdowns in April and May to curb rising infections during the second COVID-19 wave. With the COVID-19 situation improving and curbs easing, overall demand in the economy is expected to pick up in the coming weeks.
The new
ID.4 GTX demonstrated its impressive dynamics and sportiness at its world premiere in Berlin, which was held in a hangar at the former Tempelhof Airport. The centerpiece of the event was a 525 square metre ramp with a gradient of 37.5%, which the ID.4 GTX climbed with no problems at all, thanks to its dual-motor all-wheel drive. The ramp served as the stage for a mixed reality (XR) installation.
The first GTX in the ID. family was introduced as part of an extraordinary real-time spectacular. A game engine and tracking system that covered the entire hangar space transformed the physical ramp became a window into a virtual world. In the mixed reality performance the boundaries between reality and virtual fantasy disappeared.
Click the thumbs up >Audi UK has announced James Buxton will be leaving the business, with Claire English named the new head of fleet.
English is currently head of fleet at Volkswagen Commercial Vehicles and will start in her new role on July 12.
English joined the VW Group as a graduate in 2003 following time gaining an understanding of the fleet market as a fleet sales executive in the retail network.
Since then, she has held roles across product, marketing communications and sales ops/fleet at Skoda, Volkswagen Passenger Cars and Volkswagen Commercial Vehicles.
Audi says her fleet expertise has been built up over the course of her career having spent time as an area and regional fleet sales manager, business development manager and as the national contract hire and leasing manager at Volkswagen.
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Volkswagen Commercial Vehicles has announced senior role changes with the brand poised to begin a new era of electrification and retail focus with the forthcoming arrival of new models.
David Hanna, currently head of aftersales, will assume the role of head of sales operations when the current incumbent, James Douglas, heads to Volkswagen Passenger Cars at the start of June.
In his new role, Hanna will be responsible for defining and delivering all sales programmes for the brand, as well as conversions and specialist sales, and the Van Centre network.
Hanna’s first role in the Volkswagen Group was with Audi UK, and he joined Volkswagen Commercial Vehicles in October 2017 as head of fleet.