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Volkswagen aims for 10 million sold cars in 2014


As the Volkswagen Group last year increased its sales by 4.9 % to reach record 9.73 million vehicles delivered, it now expects 2014 to top the 10 million mark. As it struggles to eventually overcome Toyota and become the world’s biggest automaker, Volkswagen – which is Europe’s biggest automaker – contended in 2013 to snatch in a narrow win the No.2 ...
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November sales: Group sales for VW go up 4.3%
Boosted by strong growth in China, where sales increased 16.7 %, Volkswagen said on Friday its group vehicle sales rose 4.3 % in November, while worldwide deliveries grew 4.7 % ...
SEAT marks 20th anniversary of its Martorell plant in Spain
Spanish car manufacturer SEAT is celebrating an important landmark in its history this month: the 20th anniversary of the official opening of the Martorell production facility. Before the inauguration of the ...
Report: Porsche planning to add 3,000 jobs by 2018
Porsche CEO Matthias Muller has confirmed in an interview that the sports car maker wants to add 3,000 more employees in the next five years. Muller has reaffirmed the ambitious expansion ...
Volskwagen posts 41 percent increase in net profit for 2012
Volkswagen AG posted a net profit of 21.7 billion euros ($28.7 billion) for 2012, up 41 percent on revenues that were 21 percent bigger. Volkswagen said in a press release Friday ...
Volkswagen forecasts stagnating operating profit in 2013
Volkswagen AG forecasts that operating profit this year will match last year's level, as the shrinking auto market in Germany affects earnings. Earnings before interest and taxes, which rose 2.1 percent ...
Report: VW planning 4 hybrid SUVs including the CrossBlue
Volkswagen will use the diesel-electric drivetrain from its CrossBlue concept car premiered at the Detroit Auto Show to launch four hybrid SUVs. Three of these SUVs will be sold in Europe ...
VW CEO to have his 2012 paycheck cut by 20 percent
Volkswagen CEO Martin Winterkorn will receive a 14 million euros ($18.7 million) paycheck for 2012, 20 percent less than in 2011. According to a report from German magazine Der Spiegel cited ...
Volkswagen Group global deliveries up 14.9 percent in January
The Volkswagen Group posted a 14.9 percent increase in deliveries for January which totaled 749,900 vehicles. Deliveries in the Asia-Pacific region rose as a result of the special situation in China. ...
Skoda produces 15-millionth car since 1905
Skoda has produced the 15-millionth car since the Czech company started making automobiles in 1905. The milestone car – a silver third-generation Skoda Octavia – rolled off the assembly line at ...

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