Volkswagen has launched its locally assembled light commercial vehicles (LCVs) onto the Russian car market.
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Speaking in an interview with Germany's Autogazette, he said that Volkswagen AG is targeting a decline in full-year 2009 sales of 5 percent on last year, or not much below 5.92 million vehicles. An earlier forecast had a 10 percent drop.
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General Motors Co. came close to regaining the top spot from Toyota Motor Corp. in a shrinking global auto market during the first half, while No. 3 Volkswagen AG gained ground on both.
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General Motors Co. came close to regaining the top spot from Toyota Motor Corp. in a shrinking global auto market during the first half, while No. 3 Volkswagen AG gained ground on both.
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Volkswagen AG reduced its unit-sales gap with No. 1 Toyota Motor Corp. by more than 1 million units in the first half. During the first six months Toyota sold 463,805 more cars than third-ranked VW. In the first half of 2008, Toyota outsold VW by 1.
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Volkswagen AG reduced its unit-sales gap with No. 1 Toyota Motor Corp. by more than 1 million units in the first half. During the first six months Toyota sold 463,805 more cars than third-ranked VW. In the first half of 2008, Toyota outsold VW by 1.
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General Motors Co. came close to regaining the top spot from Toyota Motor Corp. in a shrinking global auto market during the first half, while No. 3 Volkswagen AG gained ground on both.
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Volkswagen AG is targeting a decline in full-year sales of 5 percent, or not much below 5.
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If there were a reality-based makeover show for cars, the Passat CC would surely take top honours as the 'most improved' given its moxie over the regular version of VW's mid-size sedan. Based on the conservative Passat Sedan, the CC (or Comfort Coupe as defined by VW) is an outstanding example of modern automotive architecture.
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World Bank private sector lender International Finance Corp is to spend EUR135m on Volkswagen India's Pune car assembly plant to help create local jobs.
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German car companies reported a drop in U.S. sales for July as demand for cars remained weak, with only Volkswagen bucking the trend on demand for its Jetta model.
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German car companies reported a drop in U.S. sales for July as demand for cars remained weak, with only Volkswagen bucking the trend on demand for its Jetta model.
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Volkswagen Group of America is the main sponsor of the symposium on "Mobility 2030: Transportation Technologies & Lifestyle of the Future" organized by the German American Chamber of Commerce (GACC).
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Volkswagen has resumed operations at its car plant in the Russian city of Kaluga after two weeks of summer holidays but GM-AvtoVAZ, which makes the Chevy Niva SUV at Togliatti, has suspended production this month. Moscow-based Avtoframos, controlled by Renault, has also suspended production for scheduled summer holidays from today until 24 August.
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Last year was a year of records for Volkswagen AG. The group sold a record 6.3 million vehicles and posted a record operating profit. Financial analysts say VW is in much better shape this year than its European rivals.
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Last year was a year of records for Volkswagen AG. The group sold a record 6.3 million vehicles and posted a record operating profit. Financial analysts say VW is in much better shape this year than its European rivals.
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Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest. The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13.
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Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest. The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13.
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2009 is the introductory year for Volkswagen's tidy Tiguan crossover. I first drove this compact rig late last year at AJAC's (Automobile Journalists Association of Canada) Test Fest in Niagara-on-the-Lake in Southern Ontario and came away impressed. This week's road test enabled a closer examination of VW's entry into the hotly contested market of economical crossovers.
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Profit at the Czech Republic's largest exporter, Volkswagen AG unit Skoda Auto, sank 61.7 percent and revenue fell 19.7 percent in the first half, mirroring a fall in the country's manufacturing sector.
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