The big four auto makers in Brazil joined forces with the Sugar Cane Industry Association (Unica) on Wednesday in a campaign aimed at expanding the use of cane-based ethanol in flex-fuel vehicles.
As automakers unveil smaller electric cars and hybrids at the New York International Auto Show this week, Volkswagen’s President and chief executive insists the industry not only should develop those vehicles, but also improve fuel-efficient gas and diesel models.
Volkswagen AG could launch the Up! mini-car in the United States, the German automaker's U.S. Chief Executive Stefan Jacoby said on Wednesday.
Volkswagen AG could launch the Up! mini-car in the United States, the German automaker's U.S. Chief Executive Stefan Jacoby said on Wednesday.
The economic crisis threatening to topple global automakers rocked two of Europe's biggest on Thursday as BMW posted a surprise fourth-quarter operating loss and Volkswagen warned of worse ahead.
Volkswagen of America Inc., one of the world's largest producers of passenger cars and Europe's largest automaker, said its February sales dropped 17.5 percent.
Volkswagen, Europe's biggest carmaker, will not renew the contracts of all its 16,500 temporary workers this year in response to the brutal knock-down effects of the economic downturn on the car industry, Chief Executive Martin Winterkorn said.
German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel, a struggling unit of U.S. carmaker General Motors , depended on the firm's long-term outlook and on the readiness of banks to help.
For the world's carmakers the show must go on, and next week at the Geneva Motor Show the emphasis is expected to be put on showcasing green technologies and the industry's longer term prospects while individual companies worry over their very survival.
On Thursday, During the Dakar Rally’s 12th stage grueling event; Spain's two-time rally world champion Carlos Sainz crashed.
German Billionaire Adolf Merckle commits suicide, after being hit by a train, on Monday.
With the slumping global economy, many people are falling into despair amidst the bleak situation.
Ford Motor Co. posted a 32% drop in U.S. light-vehicle sales for December while Toyota Motor Co. reported a 37% fall and Honda Motor Co. had a 35% decline, closing out the auto industry's worst year in more than 15 years.
China's domestic automobile market increased in March as the impact of snowstorm weakened. The domestic car sales in first quarter increased by 22.52 percent as compared with the same period last year, to reach 1.37 million totally.
German carmaker Volkswagen said on Monday it would raise its stake in Swedish truck maker Scania to 68.6 percent, a move that may lead to a merger of Scania and German truck maker MAN.
Russia will become Europe's biggest car market in 2009, overtaking Germany, Volkswagen's chief executive told reporters late on Wednesday during the group's official opening of its new plant in Kaluga outside of Moscow.
Shares in Malaysian state-controlled carmaker Proton sank to a near seven-year-low on Wednesday, a day after the government ended talks with Germany's Volkswagen over a possible alliance.
German sports car maker Porsche and Volkswagen may cooperate further, German newspaper Automobilwoche reported on Saturday.
The European Union's highest court on Tuesday struck down a German law that shielded Volkswagen from takeover, paving the way for Porsche to take majority control of Europe's biggest carmaker.
Carmakers in Europe's biggest auto show are displaying clean cars alongside powerful sportscars and gas-guzzling SUVs.
Reducing emissions and raising fuel efficiency are the magic words at the Frankfurt International Motor show (IAA) as manufacturers and suppliers go all out to out-do each other -- or at least out-talk each other.
Carmakers wasted no time trying to show off their new-found green credentials -- as well as their glittering profits -- at the start of the Frankfurt International Motor Show (IAA) on Tuesday.
