Volkswagen Group on Friday said it delivered 5.73m vehicles, up 1%, worldwide in the first 11 months of this year.
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Volkswagen's Czech unit Skoda will halt work on Fridays in the first half of 2009 due to the lasting financial crisis, Czech news agency CTK reported, citing a spokesman.
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The automotive world is shrinking by the second. After Volkswagen, BMW is now selling diesel-powered cars in North America. A 3-Series sedan called 335d and a new variant of the X5 known as the xDrive35d are now part of the brand's portfolio. Wolfsburg's TDI monopoly will soon be no more. A new market segment is fast emerging and the 2009 BMW 335d, the first premium compact sedan to run on diesel in Canada, represents the tip of this iceberg.
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Bringing back the old-generation Golf and selling it at a fire-sale price means one of two things, or maybe both. First, since Volkswagen currently has no subcompact ready for sale in North America, the company has got nothing to rival the recent surge of small-car offerings. At the same time, they might have figured that Canadians need or want basic transportation at a reasonable price, whatever the technology that's baked into the vehicle.
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Bringing back the old-generation Golf and selling it at a fire-sale price means one of two things, or maybe both. First, since Volkswagen currently has no subcompact ready for sale in North America, the company has got nothing to rival the recent surge of small-car offerings. At the same time, they might have figured that Canadians need or want basic transportation at a reasonable price, whatever the technology that's baked into the vehicle.
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This week, Auto123.com features the following road tests:We have a slew of reviews for you this week. Discover the 2009 Nissan 370Z, which replaces the 350Z and is more compact, more sophisticated and, above all, more powerful. The 2009 Cadillac CTS-V, the most potent luxury sedan ever produced by the American automaker. The Kia Borrego, a full-size,7-passenger SUV that stands out thanks to its careful construction. Don't miss our video on the 2009 Volkswagen City Golf road test, a versatile compact car that's fun to drive and sold for the price of a subcompact!
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Volkswagen's finance operations have asked for German government loan guarantees for its banks.
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Show star previews R20T due for 2010 with spectacular bodykit and Audi S3-sourced turbo
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Volkswagen has sought state guarantees from Berlin for its financial services and banking units, Europe's biggest carmaker said on Tuesday, becoming the first manufacturer to take such a step in Germany.
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Show star previews R20T due for 2010 with spectacular bodykit and Audi S3-sourced turbo
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A German company with long-standing ties to Volkswagen AG and a minority-owned company in Michigan are among the first to supply a new mid-sized sedan planned for VW's factory being built in Chattanooga, Tenn.
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Volkswagen used the Bologna auto show to roll out the Scirocco Studie R concept. And what we see is pointing the way to a car we expect to replace the Golf R32 in VW's lineup about a year from now. This new car is likely to be called the R20T.
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Volkswagen is to slash its production in Russia by 13% next year, a top executive said yesterday (4 December).
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Volkswagen's Czech unit Skoda Auto will cut 3 percent of its workforce, or 870 employees next year, daily Mlada Fronta Dnes reported, citing a union chief.
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Volkswagen CEO Martin Winterkorn and four other executive board members earned 25 million euros ($32 million) on VW shares and will give 10 percent of their earnings to charity. They are donating a total of 2.
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The European Commission has given Germany a legal final warning that if it does not liberalise its Volkswagen liberalisation law it will probably ask the European Court of Justice (ECJ) to impose massive daily recurring fines of Euro 1,000s.
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Germany's upper house of parliament approved a revised law governing Volkswagen on Friday even though it fails to address a key European Commission objection that shields the carmaker from takeover.
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Volkswagen's premium car unit Audi was upbeat on November sales, but could delay a decision on whether to build cars in the United States, where demand has dropped sharply, its CEO said.
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A Hanover court has ruled against Porsche in a complaint designed to remove the state of Lower Saxony's 20% blocking minority in Volkswagen AG.
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