Tags: Volkswagen

Volkswagen exploring new budget models for China: exec

Volkswagen (VOWG_p.DE) is exploring the possibility of developing budget sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) in China in a bid to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said on Sunday.


Chairman Piech's grip on Volkswagen weakened by row with CEO

Volkswagen (VOWG_p.DE) Chairman Ferdinand Piech's iron grip on the German carmaker has been severely weakened following a dramatic confrontation with senior board members last week that nearly resulted in a push to oust him, sources told Reuters.

Apple pies and iPads sweeten China's dreaded TV expose

From cut-price apple pies to free iPads, companies in China are transforming Sunday's dreaded consumer rights day into a shopping frenzy, to blunt the impact of being named and shamed in state broadcaster CCTV's annual expose.

VW to spend $1 billion on Mexico assembly plant expansion for Tiguan

German carmaker Volkswagen will invest about $1 billion to expand its vehicle assembly plant in Mexico's Puebla state and prepare it for production of the new Tiguan compact crossover SUV, the company said on Monday.


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German car maker Volkswagen AG (VOWG_p.DE) will recall 80,000 cars from its luxury division Audi due to issues with the fuel injection system, Audi said on Saturday, adding that around 35,000 of the affected vehicles are from China.
Hyundai Motor Co said on Tuesday it would build two factories in China, its first new manufacturing plants since 2012 as the South Korean automaker bets on growth in the world's biggest car market even as the economy slows.
Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) began meeting U.S. investors on Friday after launching a $2.5 billion convertible bond issue and a share sale to reduce its debt pile and fund an ambitious investment plan.
Volkswagen AG (VOWG_p.DE) is to invest 85.6 billion euros ($106 billion) in its automotive operations over the next five years to push foreign expansion, new models and technology to back its quest for global leadership.
U.S. carmaker Ford is hesitant about investing further in its South African operation because of repeated production stoppages caused by strikes, its regional chief said on Thursday.
When he attended design preview meetings for the Genesis luxury sedan, Hyundai Motor heir-apparent Chung Eui-sun suggested features he'd seen on high-end European rivals, such as a pop-up navigation screen and a gearshift that rises and retracts.
Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said on Thursday, adding that any potential candidates would most likely come from within their respective companies.
Automakers in Brazil are facing the sharpest slowdown since 1999 and it could be a year or more before things turn the corner.
General Motors Co's (GM.N) global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States.
Wal-Mart emerged as the biggest company in the world for the year 2014. Most of the companies on the list operate from different countries and employ the largest number of employees. Here we will look at five of the largest employers in the world for this year.
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