Daimler wants to gain market leadership among premium vehicles in the small car segment, CEO Dieter Zetsche said. Zetsche said Daimler was approached by GM and was in talks with Volkswagen AG as well as Fiat S.p.A.
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BMW AG and Volkswagen AG recalled vehicles in the U.S. for defects that could cause fires.
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Volkswagen Group of America Inc. has appointed Kerry Christopher manager of product communications. Christopher, 39, replaces longtime public relations director Steve Keyes, who retired last month after 31 years with VW and Audi in the United States.
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BMW AG and Volkswagen AG recalled vehicles in the U.S. for defects that could cause fires, the federal auto-safety regulator said today.
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Volkswagen has said its global sales increased 8.6% year on year in May, boosted by growing demand in China and the US.
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Volkswagen said sales increased 8.6 percent in May helped by growing demand in China and the U.S. Deliveries at VW's seven car brands and commercial-vehicles unit rose to 604,200 from 556,500 a year earlier. Five-month sales gained 18 percent to 2.
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Volkswagen is to build a new car plant in southern China, doubling production capacity to 3m vehicles within the next four years.
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Volkswagen says its new Touran minivan is 27 percent more fuel efficient than the past-generation model. The five- and seven-seat people mover was Europe's No. 3-selling medium minivan last year, beaten only by French rivals.
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Volkswagen AG made an "intelligent move" to reduce complexity in its sales and marketing operations as part of its bid to pass Toyota Motor Corp. as the global No. 1 automaker, analysts and industry insiders say.
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Global sales at Volkswagen's Audi brand rose 14.6% In May to 94,900 units, led by China, where it leads the premium segment.
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For decades, Volkswagen AG has enjoyed a comfortable status as China's top automaker on the strength of ancient models like the Santana and Jetta. But as aggressive rivals nip at its market share, VW finally is preparing to defend itself.
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Volkswagen India has marked the first anniversary of its Chakan, Pune, plant and completion of the 10,000th car by confirming the previously announced intention to add a second shift.
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Proton has confirmed that alliance talks with Germany's Volkswagen Group have been called off.
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Volkswagen ended partnership talks with Proton Holdings, Malaysia's state-controlled automaker, because the German carmaker has 'other priorities,' Proton said.
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Wolfsburg /Sanya - Volkswagen produces one of the world's highest quality and most exclusive automobiles at the German Transpa rent Factory (Dresden): the phaeton. The quality, style and travel ling comfort of this saloon (standard all-wheel drive, air sus pen sion and 4-zone automatic climate control) set their own standards.
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Suzuki will raise 6,423.3 million yen through a private placement of 3.66 million new shares with Volkswagen.
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Former General Motors global sales boss Jonathan Browning has joined Volkswagen as global head of the group's national sales companies.
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Former General Motors Co. global sales boss Jonathan Browning has joined Volkswagen AG as global head of the 10-brand group's national sales companies. Browning, who will be based in Wolfsburg, started the new job June 1.
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