Pune, India - German carmaker Volkswagen AG opened a 580-million-euro (766-million-dollar) factory Tuesday in western India as it seeks to expand its market share in the growing economy as demand tumbles in its long-established markets.
Despite the global recession, Europe's largest carmaker said at the opening of the plant in Chakan near Pune that it would hold to its sales goals in India, aiming to increase the market share of its brands Volkswagen, Audi and Skoda from around 2 per cent to 8 to 10 per cent within five years.
A Special Edition of the blockbuster saloon from Mercedes-Benz India - Special Edition E-Class - has been launched exclusively to cater to the Indian markets! The automaker intends producing just 192 of these cars, which have been tailored to meet Indian style preferences, in order to maintain the car's distinctiveness! 
With the Pune-based Automobile Research Association of India testifying that the Tata Nano consumes less fuel, in comparison to the other available economical small car models, market leader Maruti Suzuki has lost its thus-far-unchallenged position as the manufacturer of the most fuel-efficient car! 
Pune, Apr 4 : Grape growers in Maharashtra are loosing their business due to wineries canceling their contracts as a consequence of declining demand for Indian wines.
The motorcycle sales figures reported Thursday by the two-wheeler maker Bajaj Auto indicate that the month of March saw a 14.40 percent drop - from the earlier-year figures of 1,54,443 units to 1,32,210 units. Nonetheless, the drop in March motorcycle sales happens to be lower than the December levels, when the company sold merely 61,546 units.
