Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...
Tags: Electric Car, SAIC Motor
Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
German auto-maker Volkswagen has opened a new plant in Wrzesnia, Poland. Festive plant opening in Wrzesnia, Poland: about 1,000 guests from state authorities and business as well as representatives from the workforce and unions – ...
Tags: Volkswagen, Crafter
For the first time, Volkswagen Truck & Bus will be presenting itself to a broad public as a group of strong brands at the IAA Commercial Vehicles 2016. On the evening prior to the opening of the world's largest commercial vehicles trade ...
Asset management company Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German automaker over its diesel emissions scandal. Law firm Quinn Emanuel is expected to file complaint on behalf of ...
Tags: Blackrock, lawsuit, Volkswagen
Scandal-hit Volkswagen has got another jolt, as nearly 300 of its institutional investors have filed a multi-billion dollar lawsuit against the global automobile major. The law firm representing the investors said that the carmaker has ...
Tags: Volkswagen, Tilp, Investors
The Consumer Technology Association (CTA), formerly the Consumer Electronics Association (CEA), announced that Dr. Herbert Diess, chairman, board of management, Volkswagen Passenger Cars, will deliver a keynote address at the upcoming CES ...
Tags: Volkswagen, CES 2016, Concept Car
Global automakers will manufacture fewer vehicles in China this year than they are able to because of slowing demand in the world's largest auto market, a reversal after years of rushing to build factories. The average level of capacity ...
Tags: auto market, passenger-vehicle
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 ...
Volkswagen has launched a new integrated commercial vehicles group, Truck & Bus GmbH, bringing together a structured framework for business with mid-sized and heavy trucks and buses. Led by Volkswagen Aktiengesellschaft management ...
Tags: Volkswagen, Commercial Vehicles
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in ...
Tags: auto market, carmakers
German automaker Volkswagen has introduced the new e-Golf, the electric version of its bestselling ‘Golf’ model. The e-Golf, which can be recognised by its signature LED headlights, extends the Volkswagen brand's fleet of ...
Tags: All-Electric Golf, Volkswagen, Auto Parts
Italian automobile manufacturer Fiat SpA will acquire full control of Chrysler Group LLC in a deal worth a combined $4.35 billion, Bloomberg News reported. Fiat, which already holds 58.5% of Chrysler, will [delete word pay] acquire the ...
Tags: Fiat SpA, Chrysler Group, stake
Volkswagen of America (VWoA), a subsidiary of Volkswagen AG, has reported sales of 30,727 units in November 2013, compared to the sales of 36,727 units in the same period last year. The luxury carmaker has also reported year-to-date sales ...
Tags: Volkswagen, luxury carmaker
German carmaker Volkswagen Group plans to invest EUR84.2bn in its Automotive Division over the coming five years, for new models, environmentally friendly technologies and production facilities. This investment is part of the group's ...
Tags: Volkswagen, Automotive Division