Auto sector has to brake eventually

Notes discrepancy between targets and current situation The head of Volkswagen's (VW's) Chinese operations Jochem Heizmann has said that he believes that plug-in hybrids (PHEVs) are a better prospect for the world's biggest car market than pure ...

Volkswagen sees China's passenger car market growing by between six and eight percent per year over the next 3-5 years, Jochem Heizmann, chief executive of Volkswagen Group China, said. There are various access options to choose from. All provide ...

Dr. h.c. Leif Östling confirmed as member of the Supervisory Board of MAN SE On Thursday, 6 June 2013, the domination and profit and loss agreement between MAN SE, Munich, and Truck & Bus GmbH, Wolfsburg - a wholly-owned subsidiary of Volkswagen ...

Volkswagen AG (VOW) will look to jump-start a stalled seven-year effort to forge Europe's biggest truckmaker tomorrow when it gains full control of struggling MAN SE. (MAN) So far, VW has little to show for the 15 billion euros ($20 billion) of ...

Volkswagen AG, a Germany-based automobile manufacturer, has started the construction work on the new Volkswagen vehicle plant in Changsha in the province of Hunan, south-central China. The factory is being built in cooperation with the Chinese joint ...

The Telegraph - German auto giant Volkswagen will build a plant in central China, a spokesman says, as it battles US rival General Motors to be the top foreign automaker in the world's biggest car market. The plant in the city of Changsha will start ...

The new plant in Changsha is scheduled for completion end of 2015 and will manufacture approx. 300,000 vehicles per year. A complete production facility with press shop, body shop, paint shop and final assembly is being built. Priority is being ...

VW aims to maintain its lead in China with a mix of new products and more production capacity. The automotive arms race in China is showing no signs of abating; if anything, the market's leaders are stocking up more ammo. General Motors, which this ...

Volkswagen's joint venture with Shanghai Automotive has broken ground for a 300,000-unit plant in Changsha in the province of Hunan, south-central China. We are expanding our capacity in China to 4m vehicles per year by 2018 in order to meet demand ...