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Chinese auto sales jump 25 per cent

Chinese auto sales surged 25 per cent in February from a year earlier, as a tax cut for small cars and other measures helped revive the market, an industry group said Wednesday.

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Volkswagen car sales down in January

Wolfsburg-based Volkswagen AG – Europe's largest carmaker – said January sales of the Volkswagen brand fell 14 per cent to 246,700 cars worldwide.

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Porsche sales drop 14 per cent

German sports and luxury carmaker Porsche SE said Friday that sales for the first six months of its fiscal year fell 14 per cent as the world economic crisis curtailed demand.

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VW to launch hybrid vehicles

Volkswagen AG plans to offer hybrid and diesel versions of four upcoming vehicles being developed for the U.S. market.

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German auto exports fall

German automakers exported 22 percent fewer cars in December than a year earlier, with production down by the same amount, the country's main industry group said Tuesday.

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Volkswagen net profit up

Volkswagen AG said Thursday its third-quarter net profit rose 28 per cent on improved sales in emerging markets and stuck to its forecast of beating last year's sales.

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Volkswagen shares continue sharp climb

Shares of Volkswagen AG jumped as much as 93 per cent on Tuesday after gaining over 150 per cent the previous day, supported by Porsche's announcement it plans to buy three-quar

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Volkswagen's worldwide sales rise

Volkswagen AG, Europe's biggest automaker, said its worldwide sales rose 3.9 per cent through September as a slowdown in new car buying in western Europe was offset by gains in China, Brazil and easte

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Auto industry faces tough 2009: VW CEO

The chief executive of Volkswagen AG warned Wednesday the auto industry faces a difficult business climate next year, but added that his company – Europe's biggest carmaker – still expects to reac

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Sanyo, VW to develop lithium-ion batteries

Sanyo and Germany's Volkswagen AG will develop lithium-ion batteries for hybrid vehicles as global automakers race to develop more environmentally friendly technology.

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Volkswagen flagship sales up

Volkswagen AG said Wednesday deliveries for its flagship brand were up more than 10 per cent in April to a record level for the division.