Brand

Brand

Volkswagen, Tata Motors enter into pact to explore cooperation in India

Volkswagen has signed an agreement with Tata Motors to explore cooperation in India, company sources close to the matter said, as the German carmaker tries once again to conquer emerging markets.
After months of talks, the carmakers have signed a memorandum of understanding (MoU) to deepen exchanges about technology, components and platforms, and analyse overlaps that could come from cooperation, one of three company sources said.

Breathtaking cars at the Geneva Motor Show

The world’s biggest car brands are converging at the Geneva Motor Show this week to show off their best efforts of the year. Thousands will attend Europe’s first major motor show of the year—and its most important. Electric technology, autonomous driving, and pure horsepower were the dominant themes. Here are the highlights.

Lamborghini Huracan Performante

Audi unveils Q3 SUV

German luxury car maker Audi on Wednesday launched its third new car for the year in as many months, the Audi Q3 sports utility vehicle to boost sales in Asia’s third biggest car market.
Starting with a price band of Rs 34.20 lakh for the 2.0 TDI FWD (front wheel drive) and Rs 37.30 lakh for the 2.0 TDI quattro variant at Delhi showroom, Audi Q3 competes against BMW X1, Range Rover Evoque and Porsche Macan in the country.

Maruti to launch four new models in 2017-18

India's largest carmaker Maruti Suzuki is gearing up to introduce four new products next fiscal.
The company, which has been bringing about two new products each year in the past couple of years, is accelerating the introduction with an eye to strengthen its hold in the market.
“We had earlier announced that we would bring 15 models by 2020. We have done eight so far. As part of the plan, in the next fiscal, we will have four launches,” Maruti Suzuki India Executive Director (marketing and sales) R S Kalsi told PTI here on the sidelines of the Geneva Motor show.

Ferrari unleashes Superfast flagship

Ferrari NV unveiled the speediest production car in its history, underscoring its reputation for uncompromising performance even as the Italian manufacturer pushes the limit of how many autos it can sell without losing its allure.

Tata Motors in talks with VW for partnership

Tata Motors on Tuesday said it is in talks with the world’s largest auto maker Volkswagen for a possible partnership.
The company is exploring various opportunities, including partnership in its new advanced modular platform (AMP) development, possibilities of a joint venture or a contract manufacturing with the German auto major, in its bid to scale up. “I can only confirm that we are in talks but nothing to be announced yet,” Tata Motors CEO & MD Guenter Butschek told PTI here.

Tata Motors unveils sports car RACEMO

India’s home-grown auto major Tata Motors on Tuesday unveiled its first sports car, RACEMO, at the international motor show in Geneva.
Besides the two-seater sports coupe, the first product under the company’s new sub-brand TAMO, the company is showcasing the special editions of its next generation product line-up in the compact segment – sedan TIGOR and SUV NEXON.

Luxury Products soon on WhatsApp

Online luxury retailer Yoox Net-a-Porter said it’s developing technology that will allow well-to-do customers to buy products directly through WhatsApp as the e-commerce market for Prada and Versace goods becomes more competitive.
Yoox Net-a-Porter’s personal shoppers already communicate with top clients via the text-messaging service, and the Milan-based company plans to expand its use of the mobile app, Chief Executive Officer Federico Marchetti said in an interview in London.

Smaller cities a new destination for VC, angel firms

Venture Capital funding and angel investing is no longer a metro phenomenon. These angels do not fear to tread the un-trodden paths to reach out to businesses – both traditional and modern - in smaller cities. In the past couple of years smaller cities have started attracting considerable number of investments.

Vodafone launches 4G in Goa, Maharashtra

Vodafone India, one of the fastest growing telecom operators in Maharashtra and Goa circle, has launched its 4G services with special packages, to aggressively tap more subscribers and increase its topline as intense price war among telecom operators eye more market share in India’s $50-billion telecommunication industry.
The company has invested Rs 248 crore in the first half of FY2017-18 to expand, modernize and build a more technology and energy efficient network.

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