Cars
Porsche May Halt Weekend Shifts at Zuffenhausen Plant Due to Reduced Demand in Europe
Since September, Porsche’s main plant at Zuffenhausen has been running eight extra shifts in order to satisfy demand for the all-new 911. Yesterday, the carmaker announced that its global sales increased by 24 percent, to 11,688 vehicles, in October. Demand in the Chinese and U.S. markets has increased by double digits, easily offsetting the 4.5 percent decrease in European sales. As the European debt crisis remains unresolved, though, things may not be as rosy in the near future.
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Skoda Already Increasing Production Of New Fabia Family
Demand for the new Skoda Fabia hatchback and Combi is really strong, which is why the Czech carmaker has already announced it increased production at its main plant in Mladá Boleslav. Read more »...
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Audi Adds Extra Shifts To Meet Demand For Its A6 And A7 Models
While most carmakers in Europe complain of overcapacity and are forced to close plants, Audi announced that it has added 12 extra shifts at its factory in Neckarsulm, Germany. This happened in the first quarter of this year, due to strong demand for...
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Vw Sets New Record With 5.74 Million Sales In 2012, Up 12.7 Percent
In spite of losing ground in Europe, where (excluding Germany) it delivered 844,500 vehicles, 6.9 percent less than in 2011, last year was a great one for the Volkswagen brand as its global sales reached 5.74 million units, an increase of 12.7 percent...
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Porsche Ceo Says Carmaker Will Reduce Initial Production And Investment Targets For 2013
Its global sales may be better than ever, having increased by 15 percent in the first half of 2012, yet Porsche is already trimming its initial production and investment projection for next year in anticipation of slowing demand. On the sidelines of...
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Hyundai And Kia Target 7 Million Sales In 2012
Despite the global economic crisis, Korean automakers Hyundai and Kia have seen a rapid rise in global sales, thanks in part to their value for money offerings but also a new range of models. As a result of the new sales records and increased demand,...
Cars