Review of the 2010 Volkswagen Transporter, Multivan and Caravelle
Submitted by Aaron Ross on Sat, 03/20/2010 - 16:35It looks like the Volkswagen Commercial Vehicles brands are now adopting the position of technological leadership in their own particular sectors. Three basic version of the automaker are now being presented with a new and updated design, and these seem to be following the company's new design DNA.
VW Unit Skoda to Launch New Model
Submitted by Harkamal Singh on Fri, 02/19/2010 - 13:39Volkswagen's Czech unit Skoda Auto reveals plans to launch a new model, its union's weekly newsletter reported. However, the details of its pricing and production schedule were still not disclosed.
While, the Daily Mlada Fronta Dnes cited that the model could be tagged around $13,650, putting it somewhere between its smaller Fabia make and family sedan model Octavia.
BMW and Audi Report Rising Sales on Back of Improving Chinese Auto Market
Submitted by Aaron Ross on Tue, 12/08/2009 - 19:52World's biggest maker of luxury cars, BMW, and Volkswagen's Audi, reported rising sales for the month of November, on the back of improving Chinese auto market which nearly doubled because of ample Government incentives.
Volkswagen Brazil Announces Plans to Invest $3.5 Billion between 2010-14; Targets to Sell 1 Million Units
Submitted by Aaron Ross on Fri, 11/27/2009 - 20:11With the aim to overtake Fiat and gain the position of the country's top ranked and largest retailer of cars and trucks, Volkswagen do Brazil on Thursday shared its plans of investing 6.2 Billion Brazilian Reals, or 2.3 Billion Euros ($3.5 Billion), in the company between
2010-2014, and also said that it is aiming at selling 1 million automobile units by 2014.
Volkswagen car sales in China and HK rise 37% during Jan-Sept
Submitted by Harkamal Singh on Mon, 10/12/2009 - 12:22In a recent e-mail statement, China's biggest overseas carmaker Volkswagen AG said that with the government stimulus measures bringing about a spur in its demand, its sales soared 37 percent in the January-September period this year, the company expects its overall yearly sales to show a 30 percent increase.
Volkswagen to obtain 42% of Porsche
Submitted by Aaron Ross on Fri, 08/14/2009 - 20:17Europe's leading carmaker, Volkswagen has agreed to buy a 42% stake worth $4.7 billion in the sports car unit of Porsche.
The current move of Volkswagen is move towards merging the two car manufacturers into a German automotive giant by 2011.
Volkswagen's CEO, Martin Winterkorn will be the head of the company.
Porsche describes Volkswagen’s ‘ultimatum’ as “extortion”
Submitted by Aaron Ross on Mon, 06/29/2009 - 08:35The two German auto companies, Porsche, maker of sports cars and luxury S.U.V.’s, and Volkswagen, the largest European carmaker were already at loggers head with each other, but Volkswagen’s alleged move of setting a deadline for Porsche to agree to a merger plan has added fuel to the fire.
VW-Porche prospective merger talks come to standstill
Submitted by Aaron Ross on Mon, 05/18/2009 - 09:57Two weeks after Europe's largest automaker Volkswagen AG and its smaller counterpart Porsche SE initiated negotiations regarding a prospective merger, the talks have come to a standstill. Volkswagen (VW) said that Porsche, its main shareholder, was "not ready" for the tie-up.
VW unveils its elegant Concept BlueSport Roadster
Submitted by Aaron Ross on Mon, 01/12/2009 - 14:37Unveiling its Concept BlueSport roadster at the Detroit auto show, Volkswagen appears to be bent upon changing the way in which the VW lineup is perceived in the US! The mid-engine roadster - nearly ready for production - is a model on the move with the ongoing trend of concept vehicles; in a segment similar to the forthcoming "budget" model by Porsche.
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