Recent shockers during the course of this year, like ban on sale of BS-III vehicles, increase in cess on certain vehicles under the GST, and the latest government push to BS-VI fuel, seems to have left auto dealers with a surplus stock.

Toyota Kirloskar Motor on Wednesday hiked prices of its popular SUVs and sedans such as Innova, Fotuner, Etios, Corolla. The price hike comes two days after government notified the hike in Goods and Service Tax (GST) cess on mid-size sedans and SUVs.

Nearly 72 days after the government implemented the biggest tax reform in the country bringing car prices to a new low, the GST Council on Saturday hiked cess on mid-sized, luxury and SUV cars which is likely to raise car prices to pre-GST level.

The Next Gen Verna will come in four manual and two automatic variants. The price for basic E vaiant in manual transmission will be Rs 799,900. First 20,000 customers will be able to take benefit of introductory prices. The prices will rise after that.

Auto companies such as Maruti, Honda and Mahindra and Mahindra are wooing buyers with huge discounts.

The German company has invested Rs 720 crore to make this sub-4 meter car, manufactured on its popular hatchback Polo's platform, but developed and designed especially for the domestic market.

Banking on its upcoming compact sedan Ameo, German automaker Volkswagen is eyeing 15 per cent rise in production volume in India this year as against 1.23 lakh units produced in 2015.

Volkswagen India today said it will recall 3,877 Vento cars with 1.5-litre diesel engine and manual gearbox due to inconsistent Carbon Monoxide (CO) emissions besides halting the sales of the model with immediate effect.

Government said significant variations in the emission levels have been found in diesel vehicles belonging to the Jetta, Audi A4 and Vento models.

The recall in India, expected to happen before November 8, would mostly affect cars fitted with engines that have been imported and would also include 20,000 diesel vehicles made in the country.

Automakers are also working to reduce the size of engines and weight of the car's body to lower fuel usage. Compact engines mean lesser displacement, lower friction and so lesser loss of energy.

Sales during the month were driven mainly by new Vento sedan and hatchback Polo.

Lack of such compact and competitively priced cars has put Volkswagen on a weaker footing in India.

Volkswagen will launch the iconic Beetle and its popular SUV Tiguan to strengthen its presence in India.

Mahesh Kodumudi, President & Managing Director, Volkswagen India, tells Dipak Mondal of Business Today about the company's localisation efforts in India.

The petrol variants of Vento Konekt are priced between Rs 7.84 and Rs 9.8 lakh while the diesel variants cost between Rs 8.99 lakh to Rs 9.8 lakh (all prices ex-showroom Mumbai).

Five years after entering India, the company has captured just 2.1 per cent of the market because its cars are seen as relatively expensive. Volkswagen will now increase the amount of locally-made parts in the cars it sells in India to cut costs.

Mahesh Kodumudi, president and managing director of Volkswagen India Pvt. Ltd., also said the company could increase its India plant capacity to 200,000 cars a year from 130,000.

Volkswagen will hike prices of its best selling cars in India, hatchback Polo and sedan Vento by up to Rs 26,800 from February citing increased inputs costs and changes in the exchange rate.

Priced at Rs 9.99 lakh (ex-showroom, Delhi), German car-maker Volkswagen launched a new variant of its sedan 'Vento TSI' in India.