The race is on to be the world's number one in environmental vehicles. Companies such as Toyota, Honda and Renault have staked their claim and Volkswagen said at the Geneva show on Tuesday it aims to be number one in hybrid and electric cars before the end of this decade.
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The Volkswagen Group welcomed Porsche as the newest member of its growing collection of brands by rolling out a surprise plug-in electric hybrid concept sports car.
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Volkswagen AG CEO Martin Winterkorn said 2010 will be a difficult year but Europe's largest automaker is approaching the next few months with cautious optimism. "We know that 2010 will not be an easy year by any means," Winterkorn said.
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Volkswagen AG wants to be No. 1 in hybrid and electric cars before the end of the decade. and#8220;The goal is to become the market leader in E-mobility by the year 2018,and#8221; VW CEO Martin Winterkorn.
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The all-new Volkswagen Sharan has made its debut at the Geneva Motor Show. Based on an advanced new platform and featuring twin sliding doors, a seven seat configuration and a range of frugal yet powerful petrol and diesel engines, the Sharan is set to establish new standards of efficiency, practicality and refinement in its class.
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Wolfsburg - Volkswagen plans to expand its fleet of electric drive vehicles: The use of hybrid technology in production vehicles is already being demonstrated in the Touareg Hybrid at this year's Geneva Motor Show. In 2011, a test fleet of 500 Golfs with electric drives will follow. Starting in 2013, the high-volume Golf and Jetta models of the Volkswagen brand are expected to dominate the hybrid and electric vehicle market.
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Volkswagen forecast operating profit would rebound this year amid rising sales volumes as it continues its quest to dethrone Toyota Motor Corp. from the automotive industry's top spot.
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Volkswagen will demonstrate how eCall, Europe's emergency call system, works in real-life situations during the CeBIT technology show in Hanover March 2-6.
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Wolfsburg - Protecting the environment is simple and everyone can help in their everyday lives. This is the message of the new image and marketing campaign called 'Think Blue.' which the Volkswagen Passenger Cars brand is launching on February 27, 2010. Building on one of the best-known environmental labels in the automobile industry, "BlueMotion", Volkswagen is sending out a new signal for sustainable mobility.
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Volkswagen AG's starting price in Germany for the hybrid version of its new Touareg will be 73,500 euros (nearly $100,000), a premium of more than 20,000 euros compared with the base price for a non-hybrid variant of the premium SUV.
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Volkswagen presents the "Geneva Salon 2010" application for
the iPhone for the 80th International Geneva Motor Show
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Volkswagen AG's starting price in Germany for the hybrid version of its new Touareg will be 73,500 euros (nearly $100,000), a premium of more than 20,000 euros compared with the base price for a non-hybrid variant of the premium SUV.
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Volkswagen has launched the Polo in India as its first small car offering in the country.
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A Volkswagen Brazil initiative is helping cash-strapped suppliers with short-term working capital needs.
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Volkswagen Group of America reaffirmed its goal to sell 450,000 cars in the United States by 2012 at it meetings with dealers this month. That's a big jump from 2009, when VW sold 213,454 vehicles.
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