VOLKSWAGEN

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

Merkel
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.
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Auto China 2012

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

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. A total of 1,125 automobiles, including vehicles from Volkswagen, Audi, Nissan, Bentley, Bugatti, SEAT, Sko...
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Lamborghini SUV: 'Urus' Specs, Price Revealed At Beijing Auto Show [VIDEO]

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. The car is expected to be available for consumers in three to four years. Check out video and photos of the new Lamborghini SUV here.
A customer looks over Toyota automobiles at a dealership in Daly City, California

US Auto Sales 1Q Speed Past Expectations

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.

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

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 the Urus, instead, and it will likely make an appearance at the Beijing Auto Show at the end of April.
A 2012 Ford Focus

Ford Plans $760 Million Factory in China

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.
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German Business Morale Up For Sixth Straight Month

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.
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GM Reported Buying Back Part Of China Joint Venture

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.
Ducati MotoGP rider Hayden of the U.S. performs a wheelie.

Audi Will Buy Ducati for $1.2B: Sources

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.
New VW cars are covered with protective covers before loaded for export on a transport ship at the harbour in Emden

Volkswagen 1Q Sales Reach Record 2 Million Cars

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.
Volkwagen Up!

Volkswagen Up! Wins World Car of the Year 2012

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.
A Buick Excelle on display in Shangai

GM China Sales Up On Demand for Buick Excelle

GM sales in China rose sharply in March, a somewhat unexpected increase, as competitors in the country are seeing only modest gains. Sales were driven into high gear by the six-speed Buick Excelle, a luxury sedan manufactured locally that -- at over $20,000 -- is an icon of achievement for the burgeoning upper middle-class in China.
New Cars Dealership

Fuel-Efficient Cars Drive Auto Sales Higher in March

March auto sales are expected to reach their highest levels since 2007, driven by increased consumer confidence, inventory levels, demand for fuel-efficient cars and redesigns of popular models like the Toyota Camry and Honda Civic, according to recent industry reports.
A worker inspects a Land Rover Discovery on the production line at their Production Facility in Solihull

India to Surpass Japan as No. 2 Asian Car Market by 2016

India will surpass Japan as the No. 2 vehicle market in Asia by 2016, according to a report in the Wall Street Journal based on data and research from IHS Automotive. The report also says that auto sales in China, Asia and the world's largest market, will continue to grow steadily through the rest of the decade.
Ducati MotoGP rider Hayden of the U.S. performs a wheelie.

Audi in Talks to Buy Ducati

Audi AG, Volkswagen AG’s luxury unit, is in talks to buy Ducati, the storied Italian motorbike company from its private equity owner, Investindustrial Holdings Ltd., London, CAR magazine reported Monday.

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