Volkswagen Builds 100,000th Third-Generation Scirocco
Volkswagen’s Portuguese plant has produced the 100,000th third-generation Scirocco, marking a key milestone for the revived coupé just two years after its reintroduction.
Coverage tagged Manufacturing.
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Volkswagen’s Portuguese plant has produced the 100,000th third-generation Scirocco, marking a key milestone for the revived coupé just two years after its reintroduction.
Chevrolet’s sales in China reached 218,951 units in the first half of 2010, making it the brand’s third largest market after the US and Brazil.
The world’s first Ferrari-branded theme park is set to open its doors in Abu Dhabi on 28 October 2010, offering more than 20 rides and attractions under its vast red roof.
Ford set a production limit of 5,500 units for the 2011 Shelby GT500, with strong demand and a high uptake of the SVT Performance package shaping the model's market impact.
The Russian carmaker posted a net profit of 1 billion rubles in the second quarter of 2010, reversing a long period of heavy losses and production decline.
Passenger car and van output across the EU climbed sharply in early 2010 compared to the previous year’s slump, but volumes remained well below pre-crisis levels.
The last Dodge Viper, a bespoke SRT10 Coupe, has rolled off the Detroit line, bringing nearly two decades of production at Conner Avenue Assembly to a close.
General Motors has finished building the first Opel Ampera manufacturing-validation car at its Warren facility, with more pre-production vehicles to follow for testing ahead of the European launch.
Geely has begun developing a 7-speed dual-clutch transmission based on DSI technology, with most of the engineering handled by its own teams following the Australian acquisition.
Volkswagen has established Volkswagen R GmbH in Warmenau to focus on sporty and exclusive models, including the Scirocco R, Golf R, and R Line packages.
Skoda Auto will cut daily Octavia production from 574 to 441 units from March, responding to weaker sales after Germany ended its car-scrapping scheme.
General Motors will eliminate around 8,300 jobs at Opel across Europe, including nearly 4,000 in Germany and over 2,300 with the closure of Antwerp, as part of a plan to restore profitability.
Spyker plans to position Saab as a premium niche manufacturer, with renewed model lines and funding secured through a mix of GM support and a European Investment Bank loan.
Dutch supercar maker Spyker is now the only bidder left in talks to acquire Saab from General Motors, with a decision expected within days.
Swedish suppliers warn Volvo could lose contracts if Geely’s takeover proceeds without clear patent protections, raising concerns over intellectual property and future component sourcing.
Koenigsegg’s brief bid to acquire Saab in 2009 promised new models, niche positioning and a focus on efficiency, but the deal collapsed before any plan could be realised.
Toyota has announced a 20 percent reduction in manager bonuses following its large-scale US recall and a second consecutive year of financial losses.
London-based EcoCa Ltd is developing a two-seater microcar aimed at the Indian market, targeting a price nearly $500 below the Tata Nano and promising high fuel efficiency.
BMW and Brilliance Auto will invest $735 million to boost annual output in Shenyang to 75,000 vehicles, with a further plant planned for 2010.
Volkswagen Group of America is investing $125 million to establish flagship Audi and Volkswagen dealerships on Manhattan’s 11th Avenue, aiming to boost its US market presence from 2010.
Skoda Auto has started production of the Superb Estate in Kvasiny, with the first car completed on 9 November 2009 and right-hand drive models to follow in early 2010.
SAIC’s Roewe brand will enter the Polish market through Pol-Mot Holding, starting with the 550 and 750 models and targeting homologation in 2009.
India’s largest vehicle maker reported a net profit of 7.29 billion rupees for July–September 2009, driven by strong domestic sales and contributions from foreign brands.
The Lexus LFA, powered by a 552hp V10 and limited to just 500 units, launches as the brand’s first supercar and new flagship for the Lexus F performance line.