IBTimes.com : Volkswagen Topic

Toyota To Add 8 New Cars For 'Driving To A Picnic' In Emerging Markets

Fri, 25 May 2012 17:25:25 EDT

The Toyota Motor Corp. (NYSE: TM) wants to make itself king of the hill once more and reclaim the No. 1 global sales position from the General Motors Co. (NYSE: GM) by adding eight compact cars for emerging markets, Reuters said Friday.

Brazil Cuts Taxes To Boost Growth As Euro Crisis Escalates

Tue, 22 May 2012 12:05:49 EDT

Brazil has unveiled a new round of temporary tax cuts aimed at re-starting its stalled economic boom.

Car Makers Concerned as China Sales Slow

Mon, 21 May 2012 02:08:28 EDT

Automakers worldwide could be affected by slowing sales results in China as dealers see stocks of unsold cars rise, threatening price cuts.

Volkswagen Polo R: ‘Extremely Sporty’ Model Coming 2013

Mon, 21 May 2012 02:08:16 EDT

The Volkswagen Polo R could be back on the table after the German manufacturer confirmed it would launch an "extremely sporty" variant of its light car before the end of next year.

Lithium Demand Will Rise Significantly: Mansur Khan

Thu, 17 May 2012 19:14:02 EDT

Lithium is lightest of all metallic elements, with low density and high electrochemical potential. These are essential characteristics that make the element especially suitable for use in various power-storage applications, including electric vehicles (EVs).

Insight - In Europe, carmakers talk plant closures

Tue, 15 May 2012 08:35:02 EDT

Under the lights of the Geneva motor show in March, Europe's top auto executives boasted about the new features of their latest models and tried to out-hype their rivals.

Insight: In Europe, carmakers talk plant closures

Tue, 15 May 2012 08:28:03 EDT

Under the lights of the Geneva motor show in March, Europe's top auto executives boasted about the new features of their latest models and tried to out-hype their rivals.

Far behind rivals, Ford tries to play catch-up in China

Mon, 14 May 2012 00:14:02 EDT

Frank Chuang proudly surveys his immaculate new car plant as partly assembled versions of the Ford Focus travel down the production line.

Qatar Sovereign Fund On Buying Spree: Royal Dutch Shell, Xstrata, Eni, Total

Fri, 11 May 2012 09:54:35 EDT

The Qatar Investment Authority (QIA) is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc (NYSE: RDS.A), Eni SpA (NYSE: E), and Xstrata PLC (London: XTA), and the sovereign fund has already taken a holding Total SA (NYSE: TOT) and is pursuing avenues to invest in Glencore International Plc (London: GLEN), sources reported Friday.

Top 10 Mom Cars - Honda CRV Favorite For Moms In Cars

Thu, 10 May 2012 15:16:05 EDT

With Mother’s Day right around the corner, TrueCar.com released its list of the top 10 most popular cars for moms on Thursday, and the results of what moms in cars prefer aren’t exactly surprising.

Sierra LaMar Missing: Red Volkswagen Jetta Sought In Teen’s Disappearance, Reward Set To $25K

Mon, 07 May 2012 15:31:34 EDT

Investigators are focusing their investigation for missing teen Sierra LaMar on a red Volkswagen Jetta that may be tied to her disappearance.

German Car Companies Win: Sales Rose in April Bucking Euro Zone Trend

Thu, 03 May 2012 13:41:03 EDT

German car companies won in April as domestic sales rose 2.9 percent, bucking a wider euro zone trend of declining sales, but exports of German-made cars fell substantially last month.

US Car Sales Rise In April On Demand For Fuel-Efficient Cars

Tue, 01 May 2012 19:03:09 EDT

U.S. light vehicle sales increased 2 percent in April to 1.2 million cars on continued high demand for fuel-efficient cars, and sales are projected to continue at a strong clip, maintaining an annualized rate of 14.4 million.

VW April Sales Climb 38 Percent in US

Tue, 01 May 2012 14:09:40 EDT

Volkswagen AG (VOWG) reported U.S. sales growth of 38 percent in April, the best sales figures for the month in over 40 years.

GM lifts U.S. sales outlook; Chrysler posts gains

Tue, 01 May 2012 13:35:03 EDT

General Motors Co and Ford Motor Co both reported a smaller-than-expected decline in U.S. new vehicle sales in April, and GM, the largest U.S. automaker, raised its full-year forecast for the industry due to a strengthening economy.

GM, Ford sales dip; GM lifts sales outlook

Tue, 01 May 2012 10:56:03 EDT

General Motors Co and Ford Motor Co reported slight dips in U.S. new vehicle sales for April, but GM lifted its outlook for U.S. sales this year based on encouraging signs that the broader economy will grow.

Merkel's Old Volkswagen Sold at Auction, Second Time Lucky

Mon, 30 Apr 2012 16:14:37 EDT

German Chancellor Angela Merkel's old Volkswagen wasn't worth the 130,000 euros ($172,100) bogus online bidders kited it to earlier this month, but the first woman chancellor's 1990 Golf finally went to the highest bidder on Monday for 10,165 euros.

Wave Of Fresh Attacks In Nigeria Point To Boko Haram

Mon, 30 Apr 2012 11:01:51 EDT

Islamist rebel group Boko Haram unleashed another wave of terror in Nigeria over the weekend, attacking police officers in Taraba and opening fire on a university church service.

Boko Haram Suicide Bombers Kill Seven in Police Convoy Blast in Jalingo

Mon, 30 Apr 2012 07:16:04 EDT

Suicide bombers kill seven and injure 12 in normally peaceful town day after church shootouts claim 19 lives.

Car financing unit helps Daimler beat forecasts

Fri, 27 Apr 2012 03:21:03 EDT

German automotive group Daimler reported a surprise increase in first-quarter operating profit on Friday, in part thanks to stronger than expected earnings at the financial services business that offers loans and leases to car buyers.

Opel Adam Spy Shots

Thu, 26 Apr 2012 23:44:48 EDT

Opel's new city car, which recent reports suggest will be called the Opel Adam, has been spotted undergoing high-speed testing around the Nurburgring in Germany.

Question marks hang over Qatar buying in Xstrata

Thu, 26 Apr 2012 10:35:04 EDT

Qatar's 7 percent stake in Xstrata , makes it not only the miner's largest investor after Glencore, but also a potential kingmaker in the two companies' merger and an unknown quantity for its future that investors are desperate to read.

Hyundai Motor Q1 Profit Rises 31% On Sales Growth In US, Europe

Thu, 26 Apr 2012 03:01:53 EDT

South Korean automaker Hyundai Motor reported Thursday a profit of 2.45 trillion won ($2.2 billion) in the first quarter, which is up 31 percent compared to the same period a year ago.

Porsche braced for smaller sales gain in China

Wed, 25 Apr 2012 11:07:03 EDT

German sportscar maker Porsche is bracing for slower sales growth in China this year as the country's premium auto segment loses momentum amid a slowdown in economic growth.

US Durable Goods Fall 4.2%, Biggest Decline In 3 Years

Wed, 25 Apr 2012 09:02:45 EDT

Orders for long-lasting goods sank in March by the largest margin in three years, hurt by falling demand for commercial aircraft, the Commerce Department reported Wednesday.

Lamborghini SUV: 'Urus' R&D Director Reveals Specs, Details, Price [PHOTOS]

Tue, 24 Apr 2012 15:47:12 EDT

At the Beijing Auto Show on Monday Lamborghini unveiled their first sports utility vehicle (SUV) in almost 20 years, the Urus, which will cost $200,000 and likely be available for purchase in 2015. Research and development director Maurizio Reggiani revealed details and specs regarding the new model in an interview with Automobile Magazine. Check out the interview and photos of the car here.

Lamborghini's SUV Urus Concept: The Brilliant Business Behind the Bull's Move

Tue, 24 Apr 2012 14:37:27 EDT

Much has been made over the new Lamborghini SUV Urus concept revealed the other day at the 2012 Beijing Motor Show, and it certainly is a striking concept that has fairly successfully merged two seemingly diametrically opposed design aesthetics, that of Lamborghini's low-slung, aggressive supercars and the beloved-by-footballers-and-rap-stars luxury SUV.

Delphi Automotive Earnings: Strong Global Positioning Spells Robust 1Q Earnings

Tue, 24 Apr 2012 09:54:05 EDT

Delphi Automotive Plc (DLPH) reported earnings per share of $1.04 for the first quarter of 2012 on Tuesday, up 247 percent since last year, and beating analyst predictions as revenue and income rose for the automotive electronics supplier.

Lamborghini Urus SUV And Other Concept Cars Unveiled At Beijing Auto Show 2012 [PHOTOS]

Tue, 24 Apr 2012 02:39:12 EDT

The Auto China 2012 event held in the Beijing capital Monday rolled out an extraordinary line-up of new vehicles from across the world, with global automakers brandishing an impressive combination of luxury and sports in their respective car segments. Among the hoard of exhibits, 120 new models, 74 concept vehicles and 88 new-energy vehicles made their way to the auto show battleground.

Lamborghini SUV: 'Urus' Specs, Price Revealed At Beijing Auto Show [VIDEO]

Mon, 23 Apr 2012 23:16:51 EDT

Lamborghini officially unveiled their first sports utility vehicle (SUV) in almost 20 years at the Beijing Auto Show this monday. The impressive new model, which appeared on the trade show floor with a "Chinese Red" paint job impressively wed Lamborghini's carefully cultivated style with the trappings of an SUV.

US Auto Sales 1Q Speed Past Expectations

Mon, 23 Apr 2012 15:37:43 EDT

U.S. automobile sales last quarter beat predictions for the first time since 2008 as demand for small and fuel-efficient cars, strong fleet sales and pent-up demand drove sales up to 14.5 million cars on a seasonally adjusted annual selling basis, according to J.D. Power and Associates and LMC Automotive.

Opportunity and challenge in China-Germany trade push

Mon, 23 Apr 2012 11:00:03 EDT

China's Premier Wen Jiabao wants trade with Germany to increase by 50 percent over the next three years, raising the prospects of both mouthwatering opportunity and competitive challenge to German producers.

Volkswagen to invest $225 million in new Chinese plant

Mon, 23 Apr 2012 09:28:02 EDT

Volkswagen , the world's second largest carmaker, will invest about 170 million euros ($225 million) building a new plant in Urumqi, western China, capable of making 50,000 vehicles annually starting 2015, the company said on Monday.

German manufacturing shrinks at fastest pace since 2009 - PMI

Mon, 23 Apr 2012 05:49:03 EDT

Germany's manufacturing sector unexpectedly shrank at the fastest pace in nearly three years in April, denting hopes it can drive growth in the euro zone and casting a shadow over upbeat business sentiment surveys.

Lamborghini SUV: ‘Urus’ Price, Specs, Pictures Leaked [PHOTOS]

Sat, 21 Apr 2012 14:13:18 EDT

Rumors regarding the possibility of a Lamborghini SUV (sports utility vehicle) called the "Deimos" have been circulating for a while now. All signs suggest that the luxury car company is set to debut its first SUV, but according to China Car Times, the all-terrain powerhouse will be called...

Ford Plans $760 Million Factory in China

Fri, 20 Apr 2012 09:52:29 EDT

Ford Motor Co. (NYSE: F) said Thursday it will build a $760 million assembly plant in Hangzhou as part of a plan to double its production capacity in China by 2015 and catch up with global rivals.

German Business Morale Up For Sixth Straight Month

Fri, 20 Apr 2012 07:00:04 EDT

German business sentiment unexpectedly rose for the sixth month in a row in April in a sign that Europe's largest economy continues to outpace peers and shrug off persistent worries about the euro zone debt crisis.

Ford To Set Up New $760-Million Assembly Plant In China

Fri, 20 Apr 2012 03:00:26 EDT

Automaker Ford said Thursday that it plans to build a $760-million assembly plant in the eastern Chinese city of Hangzhou as part of expansion plans in the country.

Ford invests $760 million for new China plant, more capacity

Thu, 19 Apr 2012 08:35:03 EDT

Ford Motor Co is investing $760 million to build a new plant in eastern China as part of its effort to catch up with U.S. rival General Motors Co in the world's largest auto market.

GM Reported Buying Back Part Of China Joint Venture

Wed, 18 Apr 2012 20:29:41 EDT

General Motors (GM.N) and Chinese partner SAIC Motor Corp. (600104.SS) have agreed to let GM to buy back the 1 percent share of the joint venture the Detroit automaker sold during its financial crisis several years ago, according to a source familiar with the plan.

Kelley Blue Book '10 Best Green Cars of 2012': Toyota Prius c Is No. 1 [PHOTOS]

Wed, 18 Apr 2012 10:40:23 EDT

Kelley Blue Book selected the 2012 Toyota Prius c as the number one green car of 2012 as part of its 10 Best Green Cars of 2012 on Tuesday, using criteria like mileage, material conservation, and technological application.

Audi Will Buy Ducati for $1.2B: Sources

Tue, 17 Apr 2012 10:44:29 EDT

Volkswagen AG's luxury brand Audi is prepared to buy Italian superbike maker Ducati Motor Holding SpA for roughly €860 million ($1.12 billion) including debt, Reuters reported Tuesday.

March US Retail Sales Rose 0.8%, Higher Than Expected

Mon, 16 Apr 2012 08:56:53 EDT

Sales at U.S. retailers rose sharply for the third straight month in March, as Americans continued to weather the hike in gasoline prices and splurged on buying new cars and renovating their homes.

Volkswagen 1Q Sales Reach Record 2 Million Cars

Fri, 13 Apr 2012 11:26:41 EDT

Volkswagen Group’s global first-quarter sales surpassed 2 million vehicles for the first time in the company’s history as North American and Chinese sales rose dramatically, the company announced Friday.

Infosys Q4 profit rises, but slower outlook hits shares

Fri, 13 Apr 2012 06:00:04 EDT

Infosys Ltd , India's No.2 software services exporter, posted a 27.4 percent rise in quarterly profit on Friday, but forecast lower-than-expected revenue growth for the current fiscal year due to an uncertain global economy and currency volatility.

Infosys' slower revenue growth outlook slams shares

Fri, 13 Apr 2012 05:56:02 EDT

India's Infosys Ltd disappointed investors on Friday with a weaker-than-expected revenue growth outlook due to an uncertain global economy, sending its shares plunging more than 12 percent in their biggest fall in nearly three years.

Audi may announce Ducati buy next week - sources

Wed, 11 Apr 2012 12:21:02 EDT

Luxury carmaker Audi plans to announce the acquisition of Ducati next week, two people familiar with the matter said, in a deal likely to rev up its long-standing rivalry with BMW in superbikes.

Twitter Saves Day for South African Kidnap Victim Locked in Boot of Car

Wed, 11 Apr 2012 09:44:32 EDT

South Africa man robbed and locked in car boot rescued after girlfriend tweets for help.

Volkswagen Up! Wins World Car of the Year 2012

Thu, 05 Apr 2012 12:21:23 EDT

The mood at the New York Auto Show was tense with anticipation of the announcement of the World Car of the Year 2012, and the three finalists, the BMW 3-Series, Porsche 911 and Volkswagen Up!, gunned their engines as an anthem.

Ford, Volvo To Invest $11.6B In Chinese Operations

Thu, 05 Apr 2012 11:22:13 EDT

China's auto industry will enjoy an $11.6 billion boost in the coming year, as Ford (NYSE: F) and Volvo try to increase output and market share in Asia.