Sports car manufacturer Porsche, an arm of German automotive giant Volkswagen, will pump in more than Eur1.1bn for modernizing its manufacturing units for launching more car variants by 2020. The initiative comes under an agreement, ...
Tags: automobile manufacture, Porsche, Volkswagen, Sports car
The Skoda model campaign continues full steam ahead. Just like the hatchback, the Skoda Superb Combi attains a new level in terms of creativity and technology. With the new Superb Combi, Skoda demonstrates the brand's emotional strength ...
Tags: Skoda, Superb Combi
With funding of about €3.9m from the German Federal Ministry of Education and Research (BMBF), 12 partners in the German automotive sector, its supply industry and the sciences (led by Infineon Technologies AG of Munich, Germany) are ...
German automobile major Audi braces for the exit of one of its prominent staff members heading engine development amid mounting competition from other automakers and its drive for electric cars. Stefan Knirsch, who was at the helm of ...
German automobile major Volkswagen (VW) is set to undergo a restructuring process that will ultimately end up splitting the firm into four holding companies for managing its 12 brands. In what has been dubbed as decentralization of ...
Tags: Volkswagen, German automobile
The Volkswagen Passenger Cars brand delivered 2.48 (January-May 2014: 2.55; -3.0 percent) million vehicles from January to May this year. 499,500 (May 2014: 531,100; -5.9 percent) vehicles were handed over to customers in May. Commenting ...
German automaker Volkswagen has inked an agreement with Chinese joint venture partner SAIC Motor for expanding its main Shanghai Volkswagen (SVW) plant in Anting for electric vehicle production in China. The agreement was inked between ...
Tags: Electric Vehicle
Volkswagen of America, arm of German automobile major Volkswagen, has partnered with renewable energy and carbon offset services provider 3Degrees for carbon reduction drive in California and Texas, while pumping in $10m to boost its ...
Tags: Auto Parts, Car
Automobili Lamborghini has launched its third luxury SUV, set for hitting the market in 2018. The new Lamborghini SUV will be produced at the company's Sant'Ag ata Bolognese unit, in line with the company's policy to make in Italy. ...
Tags: Automobili Lamborghini, SUV
German automobile major Volkswagen has started production at its new plant at Changsha in China’s Hunan Province, adding an output capacity of 300,000 cars a year. Located about 900km to the west of Shanghai, the plant will begin ...
Tags: Volkswagen, Production Unit
April's Chinese light vehicle results echoed previous concerns as sales of locally made models grew by as little as 2 percent from a year earlier to 1.91 million units. Leaving aside any discrepancies that might have risen from the timing ...
Tags: light vehicle, commercial vehicl
The General Motors (GM) has reportedly rejected a merger offer from Fiat Chrysler, which could have created a giant automotive company. Fiat Chrysler Automobiles CEO Sergio Marchionne had sent an email to GM counterpart Mary Barra in ...
Tags: General Motors, Fiat Chrysler
South Korean carmaker Hyundai Motor is looking to launch Sonata plug-in hybrid electric vehicle (PHEV) sometime between October and November this year to seize the driver’s seat in the eco-friendly domain in the country. "We plan to ...
Tags: Hyundai, Sonata Phev, 2015-End
Automobile markets in China and Russia are losing steam, bearing down on automobile manufacturers. On one hand, the euphoria set in by the recovery of European market post-recession fail to cheer up carmakers as their efforts to post ...
Tags: Volkswagen, Automobile markets
Oettinger has introduced the new Volkswagen Golf R500 car at the 2015 GTI meeting being held in Worthersee, Austria. The super sports car has been developed based on the Golf R400 concept, which was launched last year. Integrated with ...
Tags: Oettinger, Volkswagen, Golf R500, Sports Car