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.
SHANGHAI, Feb 4 (Reuters) - Volkswagen AG plans to postpone expanding a plant in southwest China by a year as a slowing economy curbs automobile demand in the country, the Oriental Morning Post reported on Wednesday.
Volkswagen AG, the German-based world leading automaker, announced that its vehicle sales in mainland China, Hong Kong and Macau hit 1.02 million in 2008, up 12.5% compared with 910,491 units sold a year earlier, sources reported. Vehicles sales under the Volkswagen brand increased 8.2% to...
Dec. 15, 2008 (China Knowledge) - German automaker Volkswagen AG Sunday denied the recent reports that its two joint venture plants in China planned to partly suspend production lines to conduct maintenance work amid a...
Dec. 15, 2008 (China Knowledge) - German automaker Volkswagen AG Sunday denied the recent reports that its two joint venture plants in China planned to partly suspend production lines to conduct maintenance work amid a...
Porsche on Wednesday said it might delay taking control of Volkswagen as the credit crisis and global economic downturn shrank demand for Porsche brand cars.
VOLKSWAGEN AG, Europe's largest car maker, may halt production at its biggest plant for more than three weeks starting next month to help cope with the shrinking auto markets.
Review: Volkswagen Tiguan 2.0 TDI
SHARES in Toyota Motor Corp fell to their lowest in more than four years in Tokyo yesterday. Consequently, Toyota lost its spot as the world's largest auto maker by value to Volkswagen ...