Volkswagen AG, world's third-largest automaker, said on Tuesday that its vehicle sales hit a monthly record of 121,300 units in China in April, a surge of 21.1% year on year, sources reported. The German auto maker said in a statement that the Chinese auto market shows signs of recovery. The company's...
China First Automobile Works (FAW) and Volkswagen AG officially started the construction of its joint venture in Chengdu on Friday, the official Xinhua News reported.With an annual output of 150,000 cars, the Chengdu plant will manufacture the Volkswagen Jetta and is expected to create 4,500 jobs and help the...
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, is likely to supply lithium-ion batteries for Germany's Volkswagen AG and it will demonstrate its battery products at the automaker's headquarters in Germany, said Martin Winterkorn at the Shanghai auto show last week,...
MEXICO CITY, April 27 - Volkswagen AG is temporarily halting production at its factory in Mexico, where the popular New Beetle model is produced, due to weaker global demand, the company said on Monday. The...
Volkswagen AG, the world's third-largest automaker, said on Tuesday its vehicles sales in mainland China and Hong Kong hit a monthly record of 112,466 units last month, up 9% year on year from 103,204 units in 2008, Reuters reported.The German automaker said in a statement that it sold 284,143 vehicles in...
Shanghai Volkswagen Automotive Co Ltd (Shanghai VW), a 50-50 joint venture between Volkswagen and the Shanghai Automotive Industry Corp (SAIC), sold 42,899 vehicles in February, becoming the No.1 automaker in the domestic market, the First Financial Daily reported on Tuesday....
Feb. 27, 2009 (China Knowledge) - Volkswagen AG, the top European automaker, announced it aims to double its annual vehicle sales in China to 2 million by 2018.
VOLKSWAGEN AG, the biggest overseas car maker in China, slashed prices of some locally made models by as much as 12 percent amid tumbling demand for new vehicles.
Volkswagen AG, the world's third-largest automaker, will stick to its original investment plan in China, said Dr Winfried Vahland, CEO of Volkswagen China, the Shanghai Securities News reported today.The company last year said it would invest a total of EUR 2.4 billion in China from 2008 to 2010. According to...
SHANGHAI, Feb 4 (Reuters) - Volkswagen AG said it has no plans to delay the expansion of a car manufacturing plant in southwest China, denying a local media report.