Cars
VW Group to Display Up to Seven Concepts at the Geneva Show
It seems that the VW Group will do just about anything to become the world’s biggest automaker by 2018. After announcing a €51.6 billion (US $70.3 billion) investment plan last November, the Germans also want to showcase their future intentions at the Geneva Motor Show in March, by displaying up to seven concepts. Read more »
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Vw Group Announces €4.2 Billion Investment In Spain From 2015 To 2019
VW Group has pledged to spend over €4 billion ($4,68 billion) in Spain from 2015 to 2019, the largest industrial investment ever made in the country. Read more »...
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Vw Group Pledges To Invest €84.2 Billion In New Models And Technologies By 2018
The Volkswagen Group has announced a total investment of €84.2 billion ($113.85 billion) in its Automotive Division between 2014 and 2018, with over two-thirds of the amount to go into the development of efficient vehicles, drives and technologies,...
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Vw Starts To Feel The Crisis: Q1 Profit Down Almost 50 Percent
Although deliveries and market share are on the rise for the first quarter of 2013, Volkswagen Group posted a profit before tax of €2.7 billion ($3.53 billion), down from €4.2 billion ($5.5 billion) in the same period last year. Profit after...
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Volkswagen Group Operating Profits Soar 86 Percent In The First 9 Months Of 2011
Whereas the rest of the European carmakers such as PSA Peugeot and Citroen and the Fiat Group are facing troubled times, the German auto industry is enjoying one of its most prosperous eras ever. On Thursday, Europe's largest automaker, the Volkswagen...
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Chrysler Group Repays Us And Canadian Government Loans In Full
The Chrysler Group announced the repay of U.S. and Canadian government loans totaling $7.6 billion (€5.39 billion), more than six years ahead of schedule. More specifically, the Detroit automaker made a payment of $5.9 billion to the U.S. Treasury...
Cars