Sensational three-door model to give new Ford range an added dose of style as it takes on Volkswagen’s Scirocco.
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Volkswagen has denied a local media report and said it has no plans to delay expansion of a car manufacturing plant in south west China.
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SHANGHAI (Reuters) -- Volkswagen AG said it has no plans to delay the expansion of a car manufacturing plant in southwest China, denying a local media report.
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Volkswagen has called a temporary production hiatus at a Polish plant.
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Audi will offer a hybrid version of its Q5 premium SUV in the US starting in late 2010, says Wolfgang Hatz, head of powertrain development for the Volkswagen group.
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Volkswagen's Mexican unit is set to axe 800 jobs at its plant in Puebla, which will also have a shutdown in March and an extended Easter break.
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Volkswagen is to cut 400 jobs in South Africa as it scales back production there due to falling domestic and export demand.
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Porsche Automobil Holding said it expects first-half operating profit at its core sports car business to decline sharply, but positive effects from its Volkswagen stake will ensure group pretax earnings grow. Porsche, which owns 50.
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German carmaker Volkswagen will axe 400 jobs in South Africa as it scales back production due to falling demand in its home market and for exports.
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Amid an estimated 25 percent drop in the global car market in January, Volkswagen's vehicle sales fell by only 15 percent, VW's chief executive told the Financial Times.
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Volkswagen's Brazilian truck unit - recently sold to MAN in a deal expected to close this first quarter - is extending paid compulsory holidays for 3,500 employees, according to a local newspaper because of continued decline in demand for its vehicles.
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Volkswagen's Portuguese plant, Autoeuropa, is to halt some production lines temporarily in the first quarter to meet falling demand but will maintain investment plans through 2010.
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Volkswagen is on a mission to triple its U.S. sales to 800,000 units by the end of the decade. Hitting that goal will depend on expanding VW's U.S. lineup.
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Reports that Volkswagen has delayed or canned its plan to build a plant in Chattanooga, Tenn., are false, said Volkswagen Group of America CEO Stefan Jacoby.
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Reports that Volkswagen has delayed or canned its plan to build a plant in Chattanooga, Tenn., are false, said Volkswagen Group of America CEO Stefan Jacoby.
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Reports that Volkswagen has delayed or canned its plan to build a plant in Chattanooga, Tenn., are false, said Volkswagen Group of America CEO Stefan Jacoby.
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Germany and the European Commission have failed in a last attempt to reach an agreement on a law that shields carmaker Volkswagen from takeover, Germany's justice minister has said.
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