Volkswagen said operating profit and deliveries may rise 'significantly' this year as demand increases in major markets and the euro's decline against the dollar helps sales abroad.
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Volkswagen said operating profit and deliveries may rise 'significantly' this year as demand increases in major markets and the euro's decline against the dollar helps sales abroad.
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Mercedes engineers hard at work on new hybrid flagship model, due in 2012.

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France's CFE-CGC metallurgy umbrella organisation has formally joined its pan-European EMF counterpart.
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As reported last month by just-auto, Ssangyong Motor has now signed a new deal to export CKD kits to Russia over the next seven years.
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Former Citroen France finance director Linda Jackson is returning from Paris to the UK as managing director of Citroen UK. She starts her new role on 1 July.
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Kia Motors is recalling 56,000 Cee'd compact models made in 2008-2009 in Slovakia because of problems with the brake unit, the firm's Slovak subsidiary said.
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Volkswagen sees the newest Jetta model bolstering U.S. sales of the car by as much as 25 percent by 2012, helping the automaker seize up to 4 percent of the U.S. auto market. Higher sales could boost the company's share to between 3.
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Volkswagen sees the newest Jetta model bolstering U.S. sales of the car by as much as 25 percent by 2012, helping the automaker seize up to 4 percent of the U.S. auto market. Higher sales could boost the company's U.S. share to between 3.
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Former Chrysler and Federal Mogul financial officer Kevin Clark, 48, is the new chief financial officer at Delphi and starts his new job on 12 July. Keith Stipp, who was acting CFO, remains treasurer.
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Turkeys' Renault Mais expects its sales to rise to 81,000-82,000 units this year from around 72,000 last year, the company's general manager Ibrahim Aybar told Reuters on Wednesday.
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Swiss textile-to-car components group Rieter is selling Turin based IDEA Institute, which it has owned since 2000, to fellow Swiss company Quantam Kapital.
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When it comes to automatic transmissions, five-speeds seem so yesterday. European and Japanese brands are incorporating eight-speed gearboxes, while domestic automakers are putting six-speed transmissions in even their smallest cars.
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When it comes to automatic transmissions, five-speeds seem so yesterday. European and Japanese brands are incorporating eight-speed gearboxes, while domestic automakers are putting six-speed transmissions in even their smallest cars.
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Recent complaints have fuelled fears that customers of hire purchase agreements are being hit with extortionate charges when their contracts expire. Have you or anyone you know been affected, if so we want to know.
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Recent complaints have fuelled fears that customers of hire purchase agreements are being hit with extortionate charges when their contracts expire. Have you or anyone you know been affected, if so we want to know.

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Robert Bosch GmbH slipped to No. 2 behind Japan's Denso Corp. last year in their battle to be the world's biggest supplier.
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All major automakers except Renault saw their European new-car sales fall during May as scrappage programs that paid buyers to trade in old cars ended and continuing economic uncertainty sapped confidence. Renault group jumped ahead of Ford Motor Co.
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Renault aims to build on the sales momentum of its new Megane range by launching a convertible version with new features to help the model compete better against rivals from Peugeot, Volkswagen and Ford.
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A union maintained its rejection of a key labor deal with Fiat, keeping the future of the carmaker's Naples plant in the balance.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up