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VW: Germany’s High Energy Costs Hurt Competitiveness
11/11/2012Volkswagen AG says Germany's rising domestic energy prices threaten the competitiveness of it's the country's domestic automakers, Bild am Sonntag reports.
VW Buys More Parts Outside Germany
11/11/2012Volkswagen AG says rising domestic energy prices have prompted the company to purchase more of its components from suppliers based outside Germany, Bild am Sonntag reports.
BMW Widens Global Luxury Sales Lead Over Rivals
11/11/2012BMW AG posted October-record group sales of 157,600 cars worldwide last month, up 13% from the same period of 2011.
Car Demand Soars 23% in India
11/11/2012Wholesale shipments of passenger cars in India surged to 172,500 units in October from 140,100 units a year earlier, the Society of Indian Automobile Manufacturers reports.
India’s Car Sales Soar 23%
11/11/2012Wholesale shipments of passenger cars in India surged to 172,500 units in October from 140,100 units a year earlier, the Society of Indian Automobile Manufacturers reports.
Aston Martin Looks for a Buyer
11/11/2012Investment Dar Co., the Kuwaiti group that owns 64% of Aston Martin Lagonda Ltd., wants to sell its stake in the British carmaker, according to Bloomberg News, which cites several unidentified sources.
VW Chairman Piech Plans to Stay Until at Least 2017
11/11/2012Ferdinand Piech tells Bild am Sonntag he expects to remain Volkswagen AG chairman for five to seven more years.
Automakers in Japan Cut Sales Outlook for China by 20%
11/11/2012The seven major Japanese automakers have slashed their forecasts for sales in China by a combined 710,000 vehicles, or about 20%, for the fiscal year ending on March 31, The Nikkei estimates.
Main Investor Seeks Buyer for Aston Martin Brand
11/11/2012Kuwait's Investment Dar Co. has approached potential buyers for the fund's 64% stake in Aston Martin Lagonda Ltd., Bloomberg News reports.
Majority Owner Seeks Buyer for Aston Martin Brand
11/11/2012Kuwait's Investment Dar Co. has approached potential buyers for the fund's 64% stake in Aston Martin Lagonda Ltd., Bloomberg News reports.