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• VW eyeing 10 pct of Indian car market

  - 2008-08-04

  FRANKFURT AFP — Volkswagen, the biggest European car maker, is aiming to bag 10 percent of India's burgeoning market within five years, a director said Monday in the business daily Handelsblatt. "We want to move quickly in terms of volume," VW's president in India Joerg Mueller said. The...

  Tags: Agence France-Presse, car, Manufacturing, VW

• Germany launches programme to develop hybrid vehicles

  - 2008-06-26

  BERLIN AFP — The German goverment and industrial partners including auto giant Volkswagen launched Thursday a programme to encourage the development of more environmentally friendly hybrid vehicles. Environment Minister Sigmar Gabriel pledged 15 million euros (23.5 million dollars) to the project which has four years to come up with...

  Tags: Agence France-Presse, battery, car, Engineering, VW

• VW sales slip in May but post record five-month figure

  - 2008-06-20

  FRANKFURT AFP — Volkswagen sales slipped in May but Europe's biggest car maker nonetheless posted a record five-month figure of 1.57 million vehicles, it said Friday. The VW brand sold 318,600 vehicles worldwide last month, a drop of 0.8 percent from May 2007, a statement said. But the...

  Tags: Agence France-Presse, car, SALES, VW

• VW aims to overtake Toyota by 2018: report

  - 2007-11-21

  FRANKFURT AFP — Volkswagen, already the biggest European car maker, aims to overtake Toyota of Japan as the biggest worldwide in 2018 by selling 11 million vehicles, the German magazine Capital said Wednesday. VW, which sold 5.7 million cars and lorries last year, expects to reach its goal primarily...

  Tags: Agence France-Presse, car, SALES, Toyota Motor Corp., Volkswagen AG, VW

• Malaysia's Proton and VW say tie-up talks shelved

  - 2007-11-20

  KUALA LUMPUR AFP — Malaysia's government and Volkswagen said Tuesday they had shelved long-running talks about an alliance between the German firm and the Asian nation's car maker Proton. Malaysia's state investment arm Khazanah Nasional, which controls Proton, said it had discontinued negotiations with Volkswagen. The German car...

  Tags: Agence France-Presse, car, Government, Malaysia, Manufacturing, SOFTWARE, Volkswagen AG, VW

• Volkswagen sales up 7.9 pct in first quarter

  - 2007-04-17

  WOLFSBURG, Germany AFP — German auto giant Volkswagen said Tuesday that it sold a total 1.47 million cars worldwide in the first three months of the current year, 7.9 percent more than in the same period a year earlier. A dent in sales in the car maker's home German...

  Tags: Agence France-Presse, car, FINANCE, Germany, SALES, Taxes, VAT, Volkswagen AG, VW

• Rallying: Spain's Pujol, Sainz, on top in Dakar fifth stage

  - 2007-01-10

  TAN TAN, Morocco AFP — Spanish competitors Isidre Esteve Pujol and Carlos Sainz won the motorbike and car sections of the 768km fifth stage of the Dakar rally between Ouarzazate here on Wednesday. As the rally resumed a day after the death of 29-year-old South African rider Elmer Symons, Pujol,...

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• VW recalls 300,000 Passat cars

  - 2006-12-08

  BERLIN AFP — Europe's biggest automaker Volkswagen ordered the recall of 300,000 of its Passat models worldwide owing to problems with the windshield wipers, fuel system and brakes. The models affected were produced since 2005. In some, the electrical feed to the windshield wipers broke down when exposed to moisture...

  Tags: Agence France-Presse, brake, car, Manufacturing, recall, VW

• Belgian VW unions cautious on news of plan to save plant

  - 2006-11-25

  BRUSSELS AFP — Trade union leaders in Brussels have given a cautious welcome to a reported plan to save the troubled Volkswagen plant here, just days after the announcement of thousands of job losses. Volkswagen's new boss Martin Winterkorn has come up with a scheme to save the car giant's...

  Tags: Agence France-Presse, Audi AG, Belgian, Brussels, car, Volkswagen AG, VW

• Volkswagen shares lower on news of chairman's shock departure

  - 2006-11-08

  FRANKFURT AFP — Shares in German car maker Volkswagen are lower in volatile trading on the stock exchange here, as investors digested the shock announcement of the group's chairman, Bernd Pischetsrieder. In mid-morning trade, VW shares were showing a loss of 0.95 euros or 1.17 percent at 80.30 euros after...

  Tags: Agence France-Presse, car, chairman, Manufacturing, Volkswagen AG, VW