Volkswagen is set to establish two new vehicle plants in China with an investment of €2bn, strengthening its production capabilities in the Asian country. The company said that it is engaging in a further substantial expansion of ...
Volkswagen Group has sold 4.11 million vehicles from January to May, representing a 6.3% increase compared to the same period of 2013. The company handed over 864,600 (May 2013: 816,300; +5.9 percent) units to customers in May. "The ...
Tags: Volkswagen, Passenger Cars
Valin ArcelorMittal Automotive Steel (VAMA) has forayed into the automotive manufacturing with the opening of a new advanced automotive steel plant in China with a total investment of CNY5.2bn ($832m) Located in the economic zone in Loudi ...
Volkswagen has sold 2.55 million vehicles during the first five months of 2014, a 4.4% rise compared to the same period of 2013. Deliveries grew by 3.9 percent in May, with the brand handing over 531,100 (May 2013: 511,000) vehicles to ...
Tags: Auto Parts, Transportation
German automaker Volkswagen Group has announced its plans to unveil the new Passat Saloon and Estate vehicles in July 2014. The new 4MOTION all-wheel drive Passat will be powered by 2L four-cylinder bi-turbo diesel engine paired to a new ...
Tags: Volkswagen, Passat
France based automotive plastics manufacturer Plastic Omnium Auto Exteriors will invest $65m to establish a new facility in Enterprise South Industrial Park in Chattanooga, Tennessee. The new facility will be built on a 21 acre site, ...
German truck and car maker MAN has announced its plans to shut down its bus production plant at Plauen, Germany by the end of March 2015, shifting production to its Turkey-based Ankara plant, which was the first MAN site outside of Germany ...
German automaker Volkswagen Group is planning to expand business in India with an investment of about €100m. Under the expansion plan, the company is expected to launch its sedan and SUV in the compact segment along with a hatchback. ...
Tags: Auto Parts, Auto, Vehicle, Car, SUV
Swedish automotive manufacturer Scania has agreed to sell its shares to German automaker Volkswagen Group for $9.2bn. Following the transaction Volkswagen will own 723,733,927 shares in Scania representing 90.47% stake including its ...
Tags: Volkswagen
DENSO Corp. has released its 2014 filter catalog featuring more cabin air filter part numbers that cover more vehicles in its line of First Time Fit Cabin Air Filters. DENSO says the 2014 First Time Fit Filter Catalog offers one of the ...
Tags: Air Filter, Auto Parts
BASF has invested €2.5 million in its Demarchi coatings site, located in the state of São Paulo, Brazil, to expand its capacity to service Brazil’s automotive industry with waterborne automotive coatings. The goal is to ...
Tags: Automotive Coatings, BASF
Steel is still expected to remain the main material of choice for carmakers, as shifting to aluminium is a costly process and Asian markets are unlikely to be open to taking on these costs, according to a report published Friday by ...
Tags: Aluminium, Auto-Making, Steel
DENSO Corp. has announced a significant increase in part number coverage for its line of spark plugs, direct ignition coils and wire sets. The latest catalog (SPIWDIC-CAT-0314), available in print or electronic form, covers 239 million ...
Tags: Auto Parts, Ignition Products
Italian sports car manufacturer Automobili Lamborghini is planning to produce its Urus sport utility vehicles (SUV) at Volkswagen Group's facility in Slovakia from 2017. The SUV is expected to be based on revamped version of the ...
Tags: SUV, Transportation, vehicles
German automaker Volkswagen Group is planning to voluntarily recall 26,452 units of 2014 vehicles over a defective O-ring issue in powertrain. The recall includes all the vehicles powered by 1.8L turbocharged engines including the Jetta, ...
Tags: Volkswagen, powertrain