Volkswagen Passenger Cars India announced the commencement of its Autofest Mega Exchange Carnival 2024. The programme would offer customers a chance to upgrade to a new Volkswagen car with exciting benefits and deals available from third July to 20 July 2024. 

The programme also marks the rebranding of used car business by Volkswagen from Das WeltAuto to ‘Volkswagen Certified Pre-Owned’. The move is in line with the brand’s global positioning and aimed at leveraging the strength and trust of the core Volkswagen brand, enhancing the pre-owned car programme's visibility and value in the India market. 

Volkswagen opened its first rebranded ‘Volkswagen Certified Pre-Owned’ car showroom in Coimbatore recently. By successfully operating a successful multi-brand pre-owned car business with emphasis on Volkswagen branded models, the ‘Volkswagen Certified Pre-Owned’ brand is keen to provide refurbished, certificated and warranty enabled cars wherever applicable through its retail channel. 

While doing so, the Brand aspires to create a proposition that sets it apart from industry peers thanks to a frictionless and fully digitised customer journey through the rebranding initiative. 

Ashish Gupta, Brand Director, Volkswagen Passenger Cars India, mentioned, “Today, we are delighted to announce the start of Autofest Mega Exchange Carnival that will give customers a chance to upgrade to a new Volkswagen car. With Autofest customers can avail exciting deals and offers that are available for a limited time period. As we continue to holistically focus on the Indian car market, we are also focusing on offering customers strong residual value in their new Volkswagen cars.”

“We have also announced the strategic rebranding of our used car business to ‘Volkswagen Certified Pre-Owned’ and also launched the first rebranded store in Coimbatore. Rebranding our used car business aligns with the global positioning of this business vertical for the Brand, while also emphasising more on the trust that the Volkswagen Brand name commands. This move will help us better serve the growing demand for pre-owned vehicles, providing customers with high-quality, certified cars that they can rely on. We have already witnessed strong demand during first half of this year and we expect this momentum to grow stronger during the festive season,” he added. 

The rebranding from Das WeltAuto to ‘Volkswagen Certified Pre-Owned’ comes at a time of growing demand for pre-owned cars in the Indian market as prices of new cars soar higher, making even the run of the mill automobiles unaffordable for many who aspire them to have. 

While the used car valuation – in line with the drastic rise in new car prices – has been increased quite a bit, it is satisfying the need for those who aspire or require to have a vehicle to commute or take their family out without breaking the bank for a new car that has a life of 15 years after all. 

Experiencing a ten-fold growth in volumes over the last five years, the automaker’s retail sales of pre-owned cars through the channel have witnessed a growth of 12 percent last year, a trend that has continued into the first half of 2024. It is the Tier 2 towns that have emerged as a notable driver of this growth, contributing significantly to the increasing demand. 

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AU Small Finance Bank has partnered with Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, to introduce 'Suhana Safar', a scheme that links Recurring Deposits (RD) to auto loans. The initiative is aimed at first-time car buyers and applies to the Alto K10, S-Presso, Celerio and WagonR models.

Under the programme, customers open an RD account with AU Small Finance Bank and deposit a monthly amount equivalent to the future car EMI for 3 to 6 months. Upon maturity, the accumulated funds, which have earned interest, are used as the down payment for the vehicle, after which the bank provides the auto loan.

The scheme allows customers to save and earn interest while demonstrating repayment capacity before committing to a loan. The bank also uses this process to evaluate creditworthiness.

AU Small Finance Bank offers RD interest rates of 4.75 percent to 7.40 percent per annum for the general public, and 5.25 percent to 7.90 percent per annum for senior citizens.

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Czech automaker Skoda Auto India has introduced the new Kodiaq RS, the first SUV to carry the performance-focused RS badge in the Indian market at INR 6.69 million (ex-showroom).

The company limited the initial release to 50 units, which were sold out within six minutes of launch. This release aligns with the 50th anniversary of the RS badge and the 125th year of the brand’s motorsport history.

Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge represents an iconic performance legacy. Bringing it to our flagship 4x4, all-terrain, 7-seater SUV combines luxury, capability and motorsport DNA in one offering. The overwhelming response, with all units sold out in minutes, reflects the strong enthusiasm among customers.”

The Kodiaq RS features a 2.0-litre TSI engine producing 195 kW (265 PS) and 400 Nm of torque, paired with a 7-speed DSG transmission and all-wheel drive. The vehicle accelerates from zero to 100 kmph in 6.3 seconds, with a top speed of 231 kmph.

The vehicle is equipped with progressive steering and the latest-generation Dynamic Chassis Control (DCC) Plus, which allows drivers to adjust damping characteristics. The Driving Mode Select offers multiple settings, including Eco, Comfort, Normal, Sport, Individual, Snow and a dedicated Off-Road mode.

The exterior includes black accents on the grille frame, mirrors, window frames, roof rails, and the D-pillar. The front features a bumper with black elements and a horizontal light strip in the grille. The rear includes a full-width reflector, blacked-out lettering, and stainless-steel exhaust tips. The SUV is fitted with 20-inch Elias alloy wheels and is available in Moon White, Magic Black, Velvet Red and Steel Grey.

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Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced wholesales of 8,788 units in June 2026.

In the domestic market, the company sold 5,243 units and 3,545 units for export, which marks 71.5 percent YoY, when the company sold 4,618 units domestically and exported 506 units.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, "The launch of new City and India Premiere of global SUV Honda ZR-V has generated strong momentum for our overall sales including Amaze and Elevate during June, driven by healthy customer demand and a positive market response. With Monsoon conditions expected to improve during July, we hope to sustain this positive momentum in the months ahead.

“The deliveries of ZR-V are also scheduled to begin from July. It will draw discerning new customers and prospects into Honda showrooms, enhancing our premium brand appeal and unlocking new growth opportunities,” he added.

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French automotive company Renault India has recorded 4,063 domestic wholesale units in June 2026, a 55 percent YoY increase compared to the previous year. This also marks the 10^th consecutive month of double-digit growth for the company.

Interestingly, for H1 CY2026, the company reported sales of 25,844 units, representing 61 percent YoY growth.

During June, Renault India began exports of the Duster, dispatching 750 units to South Africa. The company stated that this performance reflects customer response to its product strategy and demand across its portfolio.

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