NEWS

VW Ponders Golf Production in Mexico

10/5/2012

Volkswagen AG CEO Martin Winterkorn tells Automobilwoche the company will decide within a few weeks whether to add Golf small-car production at its big assembly complex in Puebla, Mexico.

U.S. Probes Use of Defective Gas-Filled Struts

10/5/2012

Safety officials in the U.S. are trying to determine how many carmakers may have used defective gas-filled struts from Stabilus GmbH to support the power rear liftgates of their minivans and crossovers.

VW Eyes Golf Production in Mexico

10/4/2012

Volkswagen AG CEO Martin Winterkorn tells Automobilwoche the company will decide within a few weeks whether to add Golf small-car production at its big assembly complex in Puebla, Mexico.

Brazil’s Tax Breaks Aim to Boost Auto R&D, Output

10/4/2012

Brazil intends to give tax breaks to automakers for producing safer, more fuel-efficient vehicles especially if they design and build those models in Brazil.

U.K. Car Sales Climb 8%

10/4/2012

Registrations of new passenger vehicles in the U.K. rose to 359,600 units in September from 332,300 units a year earlier, according to the country's Society of Motor Manufacturers and Traders.

VW Cuts Target for its European Sales

10/4/2012

Volkswagen AG has trimmed its internal goal for 2012 sales in western Europe by as much as 140,000 vehicles, according to Germany's Handelsblatt.

Factory Blast May Disrupt Japan Auto Production

10/4/2012

An explosion and fire at a Nippon Shokubai Co. chemical factory in western Japan last weekend could disrupt domestic auto production, The Nikkei reports.

Toyota Remains Top Global Auto Brand

10/4/2012

Toyota held onto its title as the world's most valuable automotive brand, according to Interbrand's annual Best Global Brands report.

Abu Dhabi Selling Daimler Stake?

10/4/2012

Abu Dhabi sovereign wealth fund Aabar Investments is transferring its remaining 3% stake in Daimler to Deutsche Bank, according to Manager Magazin reports.

Toyota, Mercedes, BMW Remain Top Global Car Brands

10/4/2012

Toyota held onto its title as the world's most valuable automotive brand, according to Interbrand's annual Best Global Brands report.