Archive for 'Volkswagen'
Volkswagen to invest $29.55 billion between 2010 and 2012
Volkswagen AG is planning to invest an automotive capital expenditure of around 19.9 billion euros ($29.55 billion) between 2010 and 2012. The German automaker said that an estimated 13.3 billion euros of the total investment will go into property, plant and equipment and will help modernize and expand the company’s product range.
“In the area of powertrains, [...]
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Volkswagen confirms acquisition of Karmann, will build new model at German plant
Volkswagen’s Supervisory Board confirmed today that it will buy land, machinery and equipment formerly belonging to Karmann at its Osnabrueck, Germany. Volkswagen said that it will build a new vehicle in Osnabrueck in 2011 but did not specify what the new car would be.
“Volkswagen will begin vehicle production in Osnabrück in 2011,” Volkswagen said in [...]
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VW gets 65,000 applications to build mid-size sedan in Chattanooga
According to Chattanoogan.com, Volkswagen has received 65,000 applications for about 2,000 positions for its new plant in Chattanooga, Tennessee. Volkswagen of America accepted applications for about three weeks.
Volkswagen plans to kick off production of a new mid-size sedan at Chattanooga in 2011. The automaker has yet to decided on the official name of the sedan, which will [...]
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Volkswagen Amarok becomes official vehicle of 2010 Dakar Rally
The new Volkswagen Amarok pickup has been named the official vehicle of the 2010 Dakar Rally. Twenty units of the Volkswagen pickup will provide race support for the Rally’s organizer and 15 will be used to drive the press along the route.
“The Volkswagen Amarok is Volkswagen’s answer to the pickup and on the Dakar Rally [...]
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2011 Volkswagen Touareg coming to 2010 Detroit Auto Show with hybrid variant
At the 2010 Detroit Auto Show in January, Volkswagen will show the new 2011 Volkswagen Touareg. The lineup is reported to include a hybrid version of the SUV.
The Volkswagen Touareg V6 TSI Hybrid uses the German automakers BlueMotion Technologies that are mated to parallel hybrid system and a supercharged V6 TSI allowing the SUV to [...]
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Automobile names 2010 Volkswagen GTI its 2010 Automobile of the Year
The 2010 Volkswagen GTI has been named the 2010 Automobile of the Year by Automobile magazine.
The GTI was up against a very impressive lineup of test-vehicles including the 2010 Chevrolet Camaro SS, a 2010 Ford Mustang GT, a 2010 Porsche Panamera S, a 2010 Jaguar XFR, a 2009 BMW Z4, and a 2009 Porsche Cayman S.
“Remarkably [...]
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Report: Volkswagen passes Toyota as world’s largest manufacturer
The United Kingdom’s Guardian newspaper reports IHS Global Insight figures as indicating that Volkswagen Group has surpassed Toyota Motor Corp. this month as the world’s largest car manufacturer. Volkswagen (including Porsche AG, their recent acquisition) sold 4.4 million units this year, climbing past Toyota, which produced about 4 million units to date this year. This milestone is [...]
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2010 Volkswagen Jetta TDI Cup Street Edition coming to U.S. in 2010
Volkswagen of America announced today that the Jetta TDI Cup “Street” Edition will hit North American dealerships in January 2010. Like the TDI Cup race car, the “Street” Edition is equipped with the optional TDI Cup Edition Kit, which includes a new front bumper, side skirts and rear valance that are found on the TDI Cup race [...]
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Volkswagen releases sketch of new mid-size sedan for the U.S.
Volkswagen of America today released a sketch of its forthcoming new mid-size sedan, which will be produced at the company’s new plant in Chattanooga, TN. The sedan will be introduced to the market in late 2011. Volkswagen has yet to release the official name of the sedan, which will replace the Passat in the United States.
CEO [...]
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Report: Volkswagen to save Karmann from going bust
Volkswagen is planning to take over Germany’s coach building firm Karmann, brining the company back from the brink of bankruptcy. Karmann has undertaken many rolls from design to production for various automakers including Chrysler, Porsche and Volkswagen Group.
“Talks have been going on for some time, but there is no agreement yet on a price,” one of [...]
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2010 Acura ZDX prices start at $45,495
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Ford leads 2010 IIHS Top Safety Pick list with 6, Toyota doesn’t cut it
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2010 BMW 550i Gran Turismo prices start at $63,900 (w/ new images)
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BREAKING: Bob Lutz confirms Cadillac CTS-V Sport Wagon
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2010 Lotus Evora prices start at $73,500
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GM loses $1.2 billion in 3rd quarter, speeds repayment of U.S. loans
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First Drive: Test-driving the new Nissan LEAF EV… sort of
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Review: 2009 Infiniti G37 S Convertible, drop the top and enjoy the sound
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Review: 2010 Buick LaCrosse CXS, no longer your daddy’s car
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Review: 2010 GMC Terrain shows how GMC is evolving
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Review: 2010 Ford Fusion Hybrid, look here for impressive fuel-efficiency numbers
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Review: 2010 Lincoln MKS EcoBoost, high-performance can be economical
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Review: 2010 Ford Taurus SHO – It’s SHOw Time
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