360° Coverage : VW labour chief says no to more acquisitions - paper

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VW labour chief says no to more acquisitions - paper

Source: Reuters Mobile, Aug 19 2012, 7:23am CDT

FRANKFURT, Aug 19 (Reuters) - Volkswagen labour representatives would not back any further acquisitions by the carmaker, especially of Malaysian firm Proton, the works council chief told a German newspaper. Europe ...

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6 hours ago

It’s Honda Accord now for ministers

Source: The Star Malaysia  |   Jun 19 2013, 5:50pm CDT

PETALING JAYA: Ministers and deputy ministers will soon be zooming around in Honda Accord 2.4 following a decision by the Cabinet to phase out the use of Proton Perdana V6 Executive. It is understood that the Cabinet made the decis ...

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43 weeks ago


Quote:
"We already have 12 brands and we first have to stabilise the group"


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11 hours ago

Volkswagen Builds the 30 Millionth Golf

Source: Auto Balla  |   Jun 19 2013, 1:19pm CDT

Volkswagen built its first Golf in 1974. Production of the little Volkswagen Golf has now hit a significant milestone with VW announcing that it has built the 30 millionth car in its Golf production. That means that production for the ...

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13 hours ago

UPDATE 1-Porsche plaintiffs bolstered by court ruling-lawyer

Source: Reuters  |   Jun 19 2013, 10:53am CDT

* 2 bln euro lawsuit assigned to special German cartel court * Porsche rejects accusations, "takes note" of ruling BERLIN, June 19 (Reuters) - Investors suing Porsche SE for more than 4 billion euros ($5.4 billion) over its failed atte ...

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20 hours ago

German cartel court takes on Porsche lawsuit -source

Source: Reuters  |   Jun 19 2013, 3:57am CDT

BERLIN, June 19 (Reuters) - A German court has assigned an investor lawsuit seeking about 2 billion euros ($2.7 billion) in damages from Porsche SE to a court specialising on cartel matters, a person familiar with the matter told Reuters. T ...

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5

1 day ago

Perodua expects more competitive auto business environment

Source: The Star Malaysia  |   Jun 18 2013, 5:54pm CDT

KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) expects a more challenging business environment with stiffer competition in the country. “We are maintaining our sales target of 194,000 this year, and whoever takes the top position is irrel ...

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4

1 day ago

VW stakeholder sees no need for purchases

Source: Westlaw Business Currents  |   Jun 18 2013, 2:04pm CDT

HANOVER, Germany, June 18 (Reuters) - Volkswagen's second-largest stakeholder wants Europe's top automaker to do more to tap growing southeast Asian markets but sees no need yet for more acquisitions. The German group is taking over truckmak ...

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1 day ago

Proton needs to ignite interest

Source: Business Times Malaysia  |   Jun 18 2013, 11:38am CDT

TURNAROUND: Carmaker must launch new model to boost brand and market share, say industry observers NATIONAL carmaker Proton Holdings Bhd needs to launch a new model soon to ignite interest in the brand and boost market share, people familiar with the ...

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2

1 day ago

European car sales in May were at 20-year low

Source: FinFacts  |   Jun 18 2013, 10:25am CDT

Among the big carmakers in Europe, Peugeot-Citroen of France had the biggest drop in sales, with new registrations going down by 13.3%, followed by Fiat's 11% drop. European car sales in May fell to a 20-year low with double-digit plunges ...

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1 day ago

Renault wants their buyers to be a prospective Volkswagen customer

Source: RushLane.com  |   Jun 18 2013, 5:49am CDT

In an interview with The Economic Times, Renault‘s COO, Carlos Tavares, says that the French car maker still have a long way to go in India and globally. In India, they sell more cars than Volkswagen, but in Europe ...

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