Cars
CEO Martin Winterkorn wants VW to become the world’s number one automotive group by 2018. While the company is currently is Europe’s number one and it has increased its sales in China, Russia and Brazil, in the U.S., despite posting a 31 percent increase in 2012, it trails both General Motors and Toyota.
- Renault-nissan Takes Over Avtovaz, Plans To Revive Lada And Increase Sales In Russia
With the Eurozone debt crisis stifling new car sales, auto manufacturers are looking elsewhere to make up for lost ground. China may be the world’s largest market but after years of rapid expansion, it shows signs of slowing down. New car sales...
- There Can Be Only One: Toyota Bounces Back, Leads Gm In Global Sales, For Now
After a disastrous 2011, which saw it drop to third place behind General Motors and the VW Group due to production shortage caused by the March earthquake and tsunami in Japan, Toyota has bounced back and is currently the world’s number one car...
- Ford To Invest $4.9 Billion To Revamp Its Chinese Operations, Lincoln Not Part Of The Plan For Now
Being the number two automotive group in the US, and the fifth largest worldwide behind Hyundai, is no mean feat for Ford. Having an almost non-existent 2 percent share in the world’s largest car market, however, is. Last year’s Thai floods...
- Gm And Psa Peugeot-citroen Officially Form An Alliance, Fiat Still Wants In
Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the...
- China And U.s.a. Are Key To Bentley’s Plan To Double Its Sales
Despite the global crisis, last year Bentley increased its sales by 30 percent compared to 2010, yet the VW Group-owned luxury carmaker has even grander plans for the next five years. While he is satisfied with the results so far, Bentley’s CEO...
Cars
New VW Golf Mk7 for North and South America to be Produced in Mexico from Early 2014
CEO Martin Winterkorn wants VW to become the world’s number one automotive group by 2018. While the company is currently is Europe’s number one and it has increased its sales in China, Russia and Brazil, in the U.S., despite posting a 31 percent increase in 2012, it trails both General Motors and Toyota.
With its European sales having plunged by 15 percent due to the debt crisis and the market set for another decline in 2013, the sixth in a row, the German group is focusing its push in the Americas.
Read more »- Renault-nissan Takes Over Avtovaz, Plans To Revive Lada And Increase Sales In Russia
With the Eurozone debt crisis stifling new car sales, auto manufacturers are looking elsewhere to make up for lost ground. China may be the world’s largest market but after years of rapid expansion, it shows signs of slowing down. New car sales...
- There Can Be Only One: Toyota Bounces Back, Leads Gm In Global Sales, For Now
After a disastrous 2011, which saw it drop to third place behind General Motors and the VW Group due to production shortage caused by the March earthquake and tsunami in Japan, Toyota has bounced back and is currently the world’s number one car...
- Ford To Invest $4.9 Billion To Revamp Its Chinese Operations, Lincoln Not Part Of The Plan For Now
Being the number two automotive group in the US, and the fifth largest worldwide behind Hyundai, is no mean feat for Ford. Having an almost non-existent 2 percent share in the world’s largest car market, however, is. Last year’s Thai floods...
- Gm And Psa Peugeot-citroen Officially Form An Alliance, Fiat Still Wants In
Well, that didn’t take long, did it? Only a week after the first report that General Motors and PSA Peugeot-Citroen were discussing a possible alliance in order to cut their costs and improve their performance in Europe and other regions, the...
- China And U.s.a. Are Key To Bentley’s Plan To Double Its Sales
Despite the global crisis, last year Bentley increased its sales by 30 percent compared to 2010, yet the VW Group-owned luxury carmaker has even grander plans for the next five years. While he is satisfied with the results so far, Bentley’s CEO...