Tag Archives: Volkswagen Group

Volkswagen Group reported that the automaker is clearly exceeded prior-year deliveries, selling over 8 million vehicles for the first time in 2011. Precisely, a total of 8.16 (2010: 7.14; +14.3%) million vehicles were handed over to customers.   [singlepic id=8295 w=630 h= float=]  Developments on the global passenger car market during the same period were also positive; however growth only ...

Volkswagen Group is promoting cost-effective, environmentally compatible solutions in China by opening an engine reprocessing facility. There will be 15,000 engines per year are to be reprocessed at the plant in Dalian. The reprocessed engines will allow Chinese car drivers to benefit for the first time from genuine Volkswagen parts that are up to 50% less expensive.    So far, ...

At the 32nd International Vienna Motor Symposium, the Chairman of the Volkswagen Group, Prof. Dr. Martin Winterkorn, announced that the Volkswagen Group will be going into production with a range of important models with plug-in hybrid technology starting in 2013/14.   The electric car will impact the future of individual mobility in crucial ways – and Volkswagen is spearheading this ...

The German Volkswagen Group tuning specialist – MTM makes their way to showcase two heavily modified Audi models in Geneva Motor Show. First, the R8 V10 follows by TT RS.     The most impressive and stunning model is the MTM R8 V10 Bi-Turbo that comes with a polished chrome body which took over 700 hours to complete. The supercar ...

Audi has added a new Q3 SUV to their range with a planned launch date expected in late 2011. The Q3 will be based on the VW Tiguan with Audi’s styling. This new compact SUV will join the family of Q5 (5 seaters) and Q7 (7 seaters) and will broaden the range in the premium sector.         ...

According to our source today, Volkswagen AG and DRB-Hicom had inked their venture to assemble the all new 2011 Volkswagen Passat and 2011 Volkswagen Jetta in Malaysia. The local assembly operations will be held at DRB’s existing plant in Pekan, Pahang, Malaysia. The CKD project for both passenger cars are value a billion ringgit which is equivalent to US$318 million. ...

Volkswagen announced that it’s third-quarter net profit surge more than 10-fold to 2.2 billion Euros due to strong demand and strict cost controls. “Increased demand for our group models and our disciplined cost management led to these strong results, which have strengthened our sound financial base,” a statement quoted by VW finance director Hans Dieter Poetsch. VW officially said that ...

Previously, there is some article mentioning about the acquisition of one Italian design firm by Volkswagen. For now, the German automaker has completed the acquisition of Italdesign Giugiaro S.p.A. (IDG) on last Monday. Volkswagen Group now holds a 90.1 percent stake in the Italian design and engineering firm as well as the company’s brand name rights and patents. Volkswagen Group ...