VOLKSWAGEN

Volkswagen is recalling close to 200,000 units of its Novo Gol and Novo Voyage models built in Brazil for the local market, VW's third-largest, due to insufficient grease in rear wheel bearings in some cases.

Market talk that Volkswagen could announce at an investor conference on Wednesday that it planned to take over MAN SE soon pushed shares in the German truckmaker up more than 4 percent.

Volkswagen revised its previous assumptions for global car market sales lower by 67 million vehicles for the period through 2018, Automobilwoche reported, citing a letter presented to VW's top management.

General Motors Co and Volkswagen are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow over 40 percent by 2014, a study released on Thursday said.

Suzuki Motor Corp CEO Osamu Suzuki said on Thursday he would probably refuse any approach by German carmaker Volkswagen for a bigger stake in his company.

Top European carmaker Volkswagen plans to build its fifth plant in China along with its Chinese partner, with an initial annual production capacity of at least 200,000 units, the 21th Century Business Herald said on Wednesday.

Volkswagen's light commercial vehicles (LCV) unit warned the industry has not yet escaped last year's violent market downturn, the maker of the all new Amarok pickup said on Monday.

Suzuki Motor Corp is keen to take a stake in Volkswagen AG soon, as the European automaker looks for shareholders willing to sell to Suzuki, the head of the Japanese firm said on Friday.

China's auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China's importance to the global auto industry as the world's biggest market.

Ford Motor Co , swept the 2010 North American Car and Truck Awards at the Detroit auto show on Monday, marking only the third time in the 17-year history of the award that a single automaker has claimed both titles.

China's auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China's importance to the global auto industry as the world's biggest market.

Toyota Motor Corp said on Wednesday it sold 21 percent more cars in China in 2009 compared with a year earlier, lagging rival General Motors' 67 percent gain.

Toyota Motor Co and Honda Motor Co launched new compact cars to tap the fast-growing and price-sensitive India market as they and other automakers seek to put a dire 2009 behind them.

Toyota Motor Co , seeking to draw a line under a dire 2009, is ramping up in India with the launch of a new low-cost compact car to tap the fast-growing market.

The chief executive of Scania is skeptical about any merger with its German truck rival MAN SE, according to an interview with a German newspaper.

Volkswagen is poised to expand its automotive empire by making a full takeover bid for German truckmaker MAN SE, a German newspaper reported on Tuesday, citing an unidentified company executive.

Talk that Volkswagen will make a full takeover bid for German truckmaker MAN SE swelled on Tuesday when a German newspaper cited an unidentified company executive as saying an offer was looming.

Volkswagen is likely to make a full takeover bid for German truckmaker MAN SE , in which it already has nearly 30 percent, a German paper quoted an unidentified MAN executive as saying.

Shares in India's largest vehicle maker, Tata Motors Ltd, have more than quadrupled this year riding a pick-up in sales on the back of a recovering economy.

Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.

Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.