Post Tagged with: "2014"

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UAW’s ranks lifted by 12,000 new members in 2014

UAW’s ranks lifted by 12,000 new members in 2014

The United Auto Workers union had a membership surge last year, with 12,000 new people being affiliated for a total membership of 403,466, the fifth year the ranks have gained new members, according to data from a yearly filling with the U.S. Department of Labor. The UAW membership thus rose […]

VW commercial unit sees rising 2014 profit

VW commercial unit sees rising 2014 profit

The Volkswagen commercial vehicles division posted a new financial record for the 2014 year thanks to cost cutting in “all areas” and increasing consumer demand seen in core European markets. The unit’s 2014 operating profit jumped 13 percent to 504 million euros, and chief executive officer Eckhard Scholz said the […]

VW seeks record profit for its finance unit this year

VW seeks record profit for its finance unit this year

Volkswagen’s finance arm mulls 2015 operating profit above last year’s record-breaking tally of 1.7 billion euros ($1.80 billion), according to comments made by the division’s chief executive officer, Frank Witter. Volkswagen AG is currently the largest automaker in Europe and also the second-biggest in the world, so naturally its finance […]

Europe: SUVs and crossovers rode 2014’s recovery

Europe: SUVs and crossovers rode 2014’s recovery

With sales growing 21 percent last year and now accounting for 20 percent of the overall delivery tally across the region, the high-riding body style seems to have followed the US trend – taking the lion’s share of the recovery process. The European continent saw last year its first annual […]