Volkswagen ( VLKAY.PK ) reports May sales +6.9% y/y to 816,500 vehicles. Sales YTD +5.9% to 3.87M. "Audi, Volkswagen Passenger Cars and Porsche as well as SEAT maintained delivery levels in
BERLIN (Reuters) - The growing number of overseas recalls afflicting Germany's Volkswagen shows the perils of rushing for volume as Europe's largest automaker is vying for the world's top spot.
CANBERRA (Reuters) - Automobile maker Volkswagen AG will recall almost 26,000 cars in Australia in response to potential gearbox problems, the company said on Wednesday, mirroring recalls already ordered in China, Singapore and Japan.
CANBERRA, June 12 (Reuters) - Automobile maker Volkswagen AG will recall almost 26,000 cars in Australia in response to potential gearbox problems, the company said on Wednesday, mirroring recalls already ordered in China, Singapore and Japan.
FRANKFURT, June 11 (Reuters) - Volkswagen will sell up to 1.2 billion euros ($1.6 billion) in bonds that will be converted into shares to bolster its car finance arm, the second such issue in seven...
In an effort to remain competitive with BMW and Volkswagen , Daimler ( DDAIF.PK ) looks to cut IT service spending by €150M annually by H2 2016, Reuters says, citing Automobilwoche. Part of the plan will include bringing back outsourced IT systems from SAP. Post your comment!
CANBERRA, June 7 (Reuters) - Automobile maker Volkswagen AG has written to Australian car owners offering free inspections of VW vehicles in response to growing worries about potential gearbox problems that have already triggered recalls in China and Japan.
* Volkswagen seen gaining approval for domination agreement
SAIC Motor says sales in China rose 9.6% Y/Y in March to 404,655 vehicles. The automaker, a partner of both General Motors ( GM ) and Volkswagen ( VLKAY.PK ) in the region, focuses on the mid- to- high-end of the Chinese automobile market. Post your comment!
MUNICH, June 6 (Reuters) - Volkswagen AG is set to gain full strategic and financial control over truckmaker MAN SE when it wields its 75 percent stake to approve a vote at MAN's annual shareholders' meeting on Thursday.