The CarWale Daily Fuel – April 30, 2012

XUV 500 will be launched soon in Italy, Australia and Chile. M&M has been working real hard to comply to the international rules and regulations.

Porsches will now be officially imported in to India by Volkswagen Group Sales Pvt. Ltd. As per the new contract, with immediate effect. Precision Cars had been the official importer of Porsches till date.

Audi is gearing up for the launch of the new revamped A4 sedan early next month. The new car complies with the design ideology of the new A6 and A8. Audi plans to pip the BMW by launching just ahead of the up-coming new 3-series.

Ssangyong, recently taken over by M&M, continues testing the Rexton in India. The Mercedes ML 270 based compact SUV would be pitched above the XUV in the Indian market.

• Maruti's net profit went down in the first quarter of 2012. There was a 28per cent dip in profits despite 17 per cent increase in sales.
• Skoda India launches the 'You drink, we drive' program as a part of its Corporate Social Responsibility program. Skoda will provide chauffeurs on request to its customers.

For the Ferrari lovers; the Enzo Ferrari museum has opened at the very estate where the iconic sports car racer and maker was born in Modena, Italy. Built with an investment of 18 million Euros, the state of art museum will be a Ferrari paradise.

Chrysler group essays a comeback story. After being almost bankrupt in 2008, the first quarter profits have grown four-fold from $116 million in 2011 to $473 million in 2012.

BMWs Olympics fleet revealed. BMW will supply about 3000 cars for the event.

For those who could not have a glimpse of the stunning one-off Aventador J in Geneva, Lamborghini has released a video of the roadster.

The CarWale Daily Fuel is your quick daily dose of automotive news from India and around the world. If you want to know whatever's in the news but want it short and sweet, here's your solution.