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Read more about Passenger vehicle sales dip 66% in May amid Covid disruptions: SIAM on Business Standard. Sales fell to 88,045 units

Read more about Skoda Auto launches new version of Octavia, price starts at Rs 25.99 lakh on Business Standard. Skoda Auto India on Thursday launched the new version of its premium sedan Octavia with price starting at Rs 25.99 lakh.The fourth-generation Octavia is powered by a 2-litre petrol engine delivering power of 190 PS and returning fuel efficiency of

Read more about Tata Motors to discontinue select variants of compact SUV Nexon. on Business Standard. At present, Nexon is available in 20 variants offering product propositions at different price points

Volkswagen said Wednesday that former CEO Martin Winterkorn has agreed to pay 11.2 million euros (USD 13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the scandal over diesel engines rigged to cheat on emissions tests. The German automaker also said it would be receiving 270 million euros (USD 329 million) from liability insurance against loss from the actions of directors and officers. The company said in a statement that Winterkorn breached his duties of care as CEO, based on an extensive investigation by a law firm commissioned by the ...

Read more about Mercedes shifts retail sales structure in India to direct-to-customer model on Business Standard. The move is aimed at bringing better financial health for its dealer partners while offering customers uniform transparent price, a wider choice of vehicles and a seamless purchasing experience.