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Rajasthan court relief for Porsche

High Court dismisses local importer's challenge of Porsche's termination of agreement.
1 min read6 Mar '14
Staff WriterStaff Writer
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Porsche has announced that criminal proceedings brought against its senior executives by its former local importer in India, Ashish Chordia of Precision Cars, have been dismissed.

The Jaipur Bench of the Rajasthan high court pronounced its judgement last December. The court allowed the quashing petition filed by Porsche AG, Porsche Middle East and Africa FZE and its directors and dismissed all criminal proceedings initiated by Chordia and Precision Cars.

Precision Cars had challenged the termination of its local importer agreement by Porsche Middle East and Africa FZE and the appointment of Volkswagen Group Sales India as the official local importer for Porsche Cars in India.

The German luxury sports car manufacturer says it has always maintained that the criminal proceedings were entirely without merit. At present, Porsche India has eight authorised sales and service dealers in India, in Ahmedabad, Bangalore, Chandigarh, Gurgaon, Hyderabad, Kochi, Kolkata and Mumbai.

Geneva 2014: BMW X3 facelift unveiled

BMW X3 update features cosmetic tweaks and latest-gen turbodiesel engine options.
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Geneva 2014: Hyundai PassoCorto concept shown

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Hyundai’s new sports car, christened the PassoCorto has been unveiled at the Geneva motor show.

Geneva 2014: Subaru Viziv concept unveiled

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Geneva 2014: New Mini Clubman concept shown

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2 min read6 Mar '14
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While the exterior of the concept features some exaggerated proportions, it's also claimed to closely resemble the look of the production model.

Toyota pegged as most valuable auto brand

Latest Brand Finance Auto 100 annual study puts Toyota as most valuable, Ferrari as most powerful brand.
3 min read6 Mar '14
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Toyota has consolidated its status as the world’s most valuable auto brand.