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Volkswagen offers to buy out minority shareholders in Audi

Volkswagen offers to buy out minority shareholders in Audi

Volkswagen said on Friday it had offered to buy out minority shareholders in its premium brand Audi AG, via a so-called squeeze-out offer. Volkswagen AG already holds 99.64% of the registered share capital of Audi AG. “In the context of reorganizing competencies and responsibilities, Volkswagen AG plans to carry out a squeeze-out according to German stock corporation law in order to acquire the 0.36 percent of Audi’s shares,” VW said. A resolution on the squeeze-out, in line with German stock corporation law, is to be passed by Audi AG’s Annual General Meeting. The AGM was originally scheduled for May 14 but will now […]
Second-Gen Hyundai Creta

All-New Hyundai Creta: Variants And Specs Explained

The all-new Hyundai Creta was unveiled at the Auto Expo 2020, but the launch has been scheduled for March 17, 2020. But as the dawn draws closer more the details of the all-new Hyundai Creta have been coming to the light. And now we’ve got the details on the complete variant-wise features list of the upcoming SUV. The details have been explained below. The all-new Hyundai Creta will be sold with three engine options and 14 variants. The all-new Hyundai Creta will be offered in five main variants – E, EX, S, SX, and SX (O) across different engine and […]

New Honda City Will Compete With Toyota Yaris, Hyundai Verna

Spied Testing In India Expected to launch by March 2020 BS6 compliant engines likely Image Source In November 2019, the next-generation Honda City was officially unveiled for the international market. Expected to launch in India by March 2020, the fifth iteration is expected to be available with BS6 compliant engines. For India, the 2020 Honda City is expected to be priced between Rs 11 lakh and Rs 15 lakh, ex-showroom wherein it would most-likely carry forward the 1.5-litre diesel engine from the current generation of the executive sedan. After the introduction of the Amaze and the Civic, the gap between […]

2020 Geneva Motor Show Cancelled Under Coronavirus Threat

The 90th edition of the Geneva Motor Show was supposed to kick off on Monday (March 5, 2020) with the Car of the Year Award Ceremony before the press day scheduled for next day. Geneva International Motor Show, scheduled to take place in Geneva from March 5-15, 2020 is one of the key events in the automotive industry. This year, however, it’s been canceled due to the first case of the coronavirus outbreak in Switzerland.  All of the effort, time, and money invested into this year’s show have ultimately been in vain as the 2020 GIMS has officially been canceled […]
Mahindra Racing And Automobili Pininfarina

Mahindra Racing And Automobili Pininfarina To Strengthen Partnership

Mahindra Racing and Automobili Pininfarina have announced that the two companies will be further strengthening their partnership for the development of high-performance electric mobility. Both brands are a part of the Mahindra Group and partnered in 2018 to co-develop technologies for the road and the race track. In a statement, the Mahindra Racing and Pininfarina said that it will be sharing technologies and resources and that includes simulation and energy use, composites, the powertrain and cooling systems. There will be shared resources as well including wind tunnel work, suppliers and personnel. Furthermore, the Mahindra Racing Formula E drivers will also […]
Skoda Octavia RS 245

Skoda Octavia RS 245 Booking Starts On 1st March

Skoda India launched the Skoda Octavia RS 245 at the Auto Expo 2020 at the price Rs 35.99 Lakh. Now, Skoda India has announced to start accepting its bookings online from March 1, 2020. The booking can be only done at the exclusive ‘buyskodaonline‘ platform. The token amount has been set to Rs 1 Lakh. The production is limited to 200 units, so be ready to book your Skoda Octavia RS 245 online. The delivery will commence in April 2020. Skoda Octavia RS 245 definitely carries an aggressive and sporty demeanour sporting larger air intakes on that new chunkier bumper, […]
Hero Super Splendor

Hero Super Splendor BS6 Launched: Price, Specs, And Features

Hero MotoCorp has launched a BS6 compliant version of its popular offering, the Hero Super Splendor 125. The all-new Hero Super Splendor 125 is priced from Rs. 67,300(all prices, ex-showroom Delhi) for the self-drum alloy wheel variant.  The top range with the self-disc alloy version is priced at Rs. 70,800(all prices, ex-showroom Delhi). The new bike with BS6 is Rs 5500 costlier than the BS4 version. Hero MotoCorp introduced the BS6 versions of the Passion Pro and the Glamour earlier this month at Hero World 2020. With this, the Hero MotoCorp has completely entered the era of BS6 vehicles. Commenting […]
Honda Unicorn 160

Honda Unicorn 160 With BS6 Engine Launched

Honda has launched BS6 compliant Honda Unicorn 160 at Rs 93593. The new Unicorn 160 is Rs 13,500 pricier than the outgoing Unicorn 150. Since Honda has launched the new bike under the same name thus the previous model will be discontinued. But there is no disappointment because of the power mill and other features are upgraded. The new Unicorn 160 BS6 not only gets an updated engine but revised styling, improved comfortability, and finally, an engine kill switch. Speaking on the launch, Minoru Kato, President, CEO & Managing Director, HMSI said, “Unicorn was the first motorcycle introduced by Honda […]
2020 Land Rover Defender

2020 Land Rover Defender Launched In India

2020 Land Rover Defender has finally been launched in India at the starting price of Rs 69.99 Lakh. The carmaker has also started accepting bookings for both models- the short wheelbase (three-door) Defender 90 spec as well as long-wheelbase Defender 110 (five-door). The 2020 Land Rover Defender is being sold in India as a completely built unit (CBU) and both body types are being offered in five variants- Base, S, SE, HSE and First Edition. The Jeep Wrangler is the only competition in India for the Land Rover Defender.   Land Rover Defender   Defender 90   Defender 110   […]
Hyundai Grand i10 Nios

Hyundai Grand i10 Nios New Variant Launched

Hyundai has launched Sportz variant of its popular hatchback Hyundai Grand i10 Nios. The Sportz variant of their Grand i10 NIOS is going to be powered by their BS6 compliant 1.0 litre Turbo GDi petrol engine. The Sportz variant is available in dual-tone colour options as well as prices starting from Rs 7,68,050 (ex-showroom, pan-India). The carmaker had first unveiled the turbocharged version of the hatchback at Auto Expo 2020. Commenting on the introduction of the Sportz variant with Turbo GDi engine, Mr Tarun Garg, Director – Sales, Marketing & Service, Hyundai Motor India Ltd.said, “The Grand i10 Nios is developed […]
Toyota Vellfire

Toyota Vellfire Luxury MPV Launched: Price, Specs And Features

The new Toyota Vellfire luxury MPV has been launched in India at a price of Rs 79.5 lakh (ex-showroom). At this price, the Vellfire is costlier than the base variant of the Mercedes-Benz V-Class that can be yours for Rs 68.4 lakh (ex-showroom). The newly launched Vellfire is a highly awaited model and comes to India via the Completely Built-Up (CBU) route. The luxury MPV by Toyota is being offered in a single variant only that is named as the Executive Lounge. Toyota is importing 60 units of the Vellfire every month. The main selling points of this lounge on wheels are the luxurious […]
Triumph Tiger 900

Triumph Tiger 900 Launch In April 2020 In India

Triumph Motorcycles India has confirmed that it will launch the new Tiger 900 in the country by April 2020. The motorcycle would be available in two variants which are Tiger 900 GT and Tiger 900 Rally. The Tiger 900 is a big step up from the Tiger 800 in terms of performance, features and design. The motorcycle is a lot slimmer than its predecessor which gives it a sleek look. It has slim LED headlamps up front with a narrower face and a shorter beak. Triumph says it has over 65 accessories for the new Tiger, so you have that […]
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