In Volkswagen's bid to take over the World (much like Toyota, Ford, GM and others), they have realized or have long since known that the North American (read US) market is where their future fortunes lie. These days, you need to produce and, well, sell somewhere around 7.5 million new vehicles in a year in order to capture the first step on the podium.
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Volkswagen is getting serious about hybrids and electric vehicles, and CEO Martin Winterkorn said they will account for three percent of VWand#8217;s global sales by 2018, according to a Bloomberg report.
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Volkswagen says it will build an all electric version of its Golf model by 2013.
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The general manager of Shanghai Volkswagen Co. and three other people were killed in a vehicle accident, the automaker said in a statement on Monday.
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Volkswagen unveiled plans for a range of hybrid and electric vehicles that CEO Martin Winterkorn says will account for 3 percent of the German carmaker's global sales by 2018.
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Volkswagen plans to launch full-electric vehicles in 2013 and expects these zero-emission cars to account for 3 percent of its sales by 2018, CEO Martin Winterkorn said.
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VW has just reaffirmed its plans to deploy electric vehicles in the United States and Canada.
The company’s first hybrid is a version of the redesigned Touareg, which will arrive here later this year. It’s already on sale in Europe, and its hybrid powertrain features a supercharged 3.0-litre V6 and an 8-speed automatic for a total output of 380 horsepower.
In August of 2012, a hybrid version of the Jetta will make its way on our market. It will be followed in 2013 by either the E-Up! or the Golf blue-e-motion, as both will be available in Europe by then. The Passat Hybrid will also arrive in 2013, although it hasn’t been confirmed for North America yet.
Volkswagen’s mission is clear: they want to become the market leader in E-mobility by 2018.
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Volkswagen has targeted volume of over 100,000 units a year of its new Jetta sedan in the US where it's the brand's best seller - the outgoing model accounted for half the brand's 214,000 local sales in 2009.
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Volkswagen has targeted volume of over 100,000 units a year of its new Jetta sedan in the US where it's the brand's best seller.
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Volkswagen CEO Martin Winterkorn will explain today how he plans to return VW's U.S. unit to profit as it heads for an eighth annual loss. He'll do so without a leader to oversee the turnaround. The CEO hasn't named a permanent successor to U.S.
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Volkswagen CEO Martin Winterkorn will explain today how he plans to return VW's U.S. unit to profit as it heads for an eighth annual loss. He'll do so without a leader to oversee the turnaround. The CEO hasn't named a permanent successor to U.S.
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VW has just reaffirmed its plans to deploy electric vehicles in the United States and Canada.
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Volkswagen will build an assembly plant in eastern China as part of a plan to double capacity within four years. The plant will build 300,000 vehicles and will begin production in 2013.
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Volkswagen will build an assembly plant in eastern China as part of a plan to double capacity in the world's biggest auto market within four years.
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The Volkswagen Group on Thursday said it would build a new vehicle production plant in Yizheng, in China's eastern Jiangsu Province, as part of its long-term growth strategy for the market. Contracts were signed today by management board production chief Jochem Heizmann and Winfried Vahland, president and CEO of Volkswagen Group China, together with representatives of long-standing, local joint venture partner Shanghai Volkswagen. The plant will start operating in 2013 and have annual capacity of up to 300,000 vehicles.
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Volkswagen will begin recruiting more workers for its Slovakian assembly plant, thanks to rising demand for the luxury SUVs produced in Bratislava.
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The scene is the Bavaria film studios, south of Munich; the setting is a pavement café; it could be Paris, Madrid or just about anywhere in Europe. The action centres on the fully redesigned Volkswagen Sharan which a woman wants to park in an impossibly small gap between two cars parked outside the café.
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Volkswagen has recruited Frank Tuch, a former quality executive at Porsche, as its chief quality officer. Tuch, 43, will leave his current post as chief operating officer of the British niche sports car maker Lotus Group at the end of July.
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More, more, more, always more! And they say that the car business is in trouble! Not! Ever-changing and morphing perhaps, but dying, it is not.
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Volkswagen is just as concerned about what's in its rear-view mirror as what is ahead in its quest to become the world's biggest automaker. The German giant, which aims to topple Toyota from its No.
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