Volkswagen to build a new plant in China

Volkswagen was the first foreign car maker to enter the Chinese car market thirty years ago. They understand that if they are to reach that number one spot by the year 2018 ahead of General Motors, they will have to strengthen their presence in emerging markets like China. There has been news emerging from the(…)

Volkswagen to purchase Porsche for $5.6 billion

Finally, the deal looks like coming to some sort of conclusion. Volkswagen will purchase the 50.1 per cent remaining of Porsche by the beginning of August. Volkswagen already own 49.9 per cent of the company which they purchased in 2009. Europe’s largest car manufacturer will pay a staggering £3.6 billion for the remaining stake. In(…)

Volkswagen to build 4 million cars in China

Just after reporting that Volkswagen will be increase production and sales in the United States, Europe’s largest car maker has announced they are planning to build 4 million cars in the world’s largest car market, China. Volkswagen are planning to double the production figures by the year 2018 in the country according to the Head(…)

The Polo to become more luxurious…

Volkswagen are set to add a touch screen Bluetooth hand free system within their next generation of Polo’s that are a step above the entry level S trim. That’s quite a major step for the Polo. It will have a similar sort of equipment list as the Scirocco and the Phaeton, two highly luxurious vehicles.(…)

Volkswagen to focus more on the Chinese market

Volkswagen has conquered Europe, becoming the number one car manufacturer in the region and is steadily becoming more and more successful in the United States. If they are to achieve their target of toppling General Motors and becoming the worlds number one car maker by 2018, Volkswagen realise that they need to make more of(…)

Volkswagen hopes to double the U S sales in just six years

Volkswagen is aiming to become the number car producer in the world. Last year they were beaten by General Motors, although some argue that Volkswagen should have been declared the winner due to various factors. The sales target Sales in 2011 for Volkswagen stood at 324,000. Volkswagen wants to up the ante somewhat and double(…)

Volkswagen increases their stake in MAN SE

Volkswagen now has the power to make major and important decisions at truck company MAN SE after they purchased a majority stake in the company. MAN SE share prices rise It was reported this week that Volkswagen has finally increased their shareholding in the company which have naturally sent shares of MAN SE sky high.(…)

Volkswagen employees see their wages increased

Employees of Volkswagen have seen their wages increased after a long battle. Their annual pay will increase by 4.3 per cent despite a huge debt crisis in the European car market. Volkswagen 97,000 workers to receive benefit Volkswagen’s 97,000 workers across the companies six factories on top 5,000 extra workers placed in the company’s financial(…)

Volkswagen Scirocco GTS to be presented at the Leipzig Motor Show

The Volkswagen Scirocco GTS will be presented at the 2012 Leipzig Auto International Motor Show. Fans and automotive journalists are excited by the news with many expecting the car to be best Scirocco yet. A brand new generation The new Volkswagen Scirocco GTS represents a whole new generation of the vehicle. It will come with(…)

Volkswagen enters the small business leasing market

Volkswagen has entered into the small business leasing market which will target small and medium enterprises.Volkswagen believes that the idea has a great deal of potential to be successful. It has been estimated that there are one million Small Medium Enterprises operating across the United Kingdom that require the use of company vehicles. When a(…)