Volkswagen launched its fifth-generation Polo at the Geneva show today. The new car is completely restyled, fractionally bigger, a little lighter, has some new engine options and is the first of this long-running (34 years and counting) B-segment line to offer a twin clutch automatic transmission and factory fit navigation.
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Volkswagen CEO Martin Winterkorn said electric vehicles will not dominate the world's car showrooms anytime soon. "Electric mobility does have a place in the long-term future," Winterkorn said.
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Volkswagen CEO Martin Winterkorn said electric vehicles will not dominate the world's car showrooms anytime soon. "Electric mobility does have a place in the long-term future," Winterkorn said.
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Volkswagen CEO Martin Winterkorn said electric vehicles will not dominate the world's car showrooms anytime soon. "Electric mobility does have a place in the long-term future," Winterkorn said.
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Nissan will manufacture its new NV200 car-derived van at its factory in Barcelona, Spain. The decision ensures the future of the under-used factory, which builds Nissan's Navara pickup, Pathfinder large SUV and Primastar commercial and passenger van.
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Nissan will manufacture its new NV200 car-derived van at its factory in Barcelona, Spain. The decision ensures the future of the under-used factory, which builds Nissan's Navara pickup, Pathfinder large SUV and Primastar commercial and passenger van.
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Nissan will manufacture its new NV200 car-derived van at its factory in Barcelona, Spain. The decision ensures the future of the under-used factory, which builds Nissan's Navara pickup, Pathfinder large SUV and Primastar commercial and passenger van.
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Aston Martin's bid for global supercar supremacy has started at the Geneva motor show with the public premiere of the extremely-limited-edition One-77. Only 77 copies of Aston's $1.
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The first results of Toyota's project to build a sports car powered by Subaru's boxer engine will be seen about two years from now, according to a company official.
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The first results of Toyota's project to build a sports car powered by Subaru's boxer engine will be seen about two years from now, according to a company official.
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Toyota is seeing a big increase in orders for new cars because of Germany's scrapping incentive.
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Nissan's new Russian factory will operate at about half of its installed capacity during the first year of operations, a company executive said. Nissan will begin building Teana large sedans and X-Trail SUVs at a new plant in St. Petersburg in April.
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Volkswagen expects to make a profit this year, CEO Martin Winterkorn said. VW reported preliminary full-year results for 2008 that showed a 3 percent rise in operating profit to a record 6.33 billion euros ($8 billion).
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Tata Motors, India's largest vehicle maker, is in talks to raise about $100 million by selling a stake in a group firm, the Economic Times reported on Tuesday, citing a person familiar with the situation.
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Volkswagen expects to make a profit this year, CEO Martin Winterkorn said. VW reported preliminary full-year results for 2008 that showed a 3 percent rise in operating profit to a record 6.33 billion euros ($8 billion).
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General Motors' Swedish unit Saab will speed up talks this week with a number of potential suitors, according to a Wall Street Journal story citing a top executive of the company.
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General Motors' Swedish unit Saab will speed up talks this week with a number of potential suitors, according to a Wall Street Journal story citing a top executive of the company.
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General Motors' Swedish unit Saab will speed up talks this week with a number of potential suitors, according to a Wall Street Journal story citing a top executive of the company.
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A Toyota Motor Corp. financial services unit has applied for about $2 billion in loans backed by the Japanese government as the financial crisis threatens funding at the world's biggest automaker, media reports from Japan said.
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Toyota Motor Corp. has applied for a loan backed by the Japanese government to help its finance arm cut funding costs as the global crisis tightens access to credit, a company official said today. Toyota, facing an operating loss of $4.
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