Volkswagen AG, the top European automaker, announced it aims to double its annual vehicle sales in China to 2 million by 2018.Volkswagen's China joint ventures Shanghai Volkswagen and FAW-Volkswagen will join hands to achieve the sales target equally and respectively, according to Winfried...
Nov. 21, 2008 (China Knowledge) - Volkswagen Group announced that the company will increase investment in the potential Chinese market in a bid to build up consumers' confidence for the market prospect, Shanghai Securities News...
Nov. 14, 2008 (China Knowledge) - Shanghai Automobile Industry Hudong Sales Co Ltd, a dealer of vehicles manufactured by Volkswagen's Chinese joint venture Shanghai Volkswagen Co. Ltd, is selling a 50% stake in a bid...
FRANKFURT -- Volkswagen AG (VOW.XE) Chief Financial Officer Hans Dieter Poetsch said Thursday the German automaker's tax rate in 2008 will be around 30%. Poetsch was speaking during a telephone conference with analysts and journalists....
(Adds detail of tax change) FRANKFURT -- Volkswagen AG (VOW.XE) Chief Financial Officer Hans Dieter Poetsch said Thursday the the German automaker's tax rate in 2008 will be around 30% following a change in the...
FRANKFURT, Oct 26 - Porsche SE plans to gain control of over 75 percent of Volkswagen in order to pass a domination and profit transfer agreement that would grant it full control of VW's cash...
FRANKFURT, Oct 21 - European shares fell on Tuesday after U.S. stock futures eased and more volatile trade in Volkswagen weighed on the auto sector. At 1233 GMT, the FTSEurofirst 300 index of top European...
Oct. 13, 2008 (China Knowledge) - Volkswagen Group China said the combined sales with its two joint ventures, Shanghai Volkswagen and FAW-Volkswagen, amounted to 772,783 units in Chinese mainland, Hong Kong and Macau during the...
Deutsch in L.A. is charged with broadening VW's appeal.
The German carmaker predicts flat sales in the industry next year, but analysts expect the company to outperform the rest.