Audi overtakes BMW as India's top-selling premium brandMay 18, 2013 06:01 CET  Audi has overtaken BMW as India's top seller of luxury vehicles, and Audi executives say the success is due to the automaker's rapid expansion outside large urban centers, as well as the Q3 SUV introduced last year.... Read More »
European car sales post 1st gain in 19 months 5:19 am U.S. ET | May 17, 2013  European car sales rose for the first time in 19 months as a gain in consumer sentiment in countries using the euro led to rebounds in Germany and Spain. Still, the European auto market is at a two-decade low, and industry executives are forecasting a drop of about 5 percent for 2013 amid a recession in the 17-nation euro zone.... Read More »
In boost to GM and VW, China resumes incentives for foreign auto investment 12:01 am U.S. ET | May 17, 2013  A surprise policy shift in China is expected to give a boost to GM, Volkswagen Group and other foreign automakers planning to expand in the world's largest car market.... Read More »
VW Group sales increase 7% in AprilMay 17, 2013 12:06 CET  Volkswagen Group's global monthly sales picked up pace again in April after growing at their slowest rate in more than three years a month earlier. VW Group said on Friday that deliveries to customers rose 7 percent to 784,600 vehicles last month.... Read More »
VW, GM, others get unexpected boost in ChinaMay 17, 2013 06:01 CET  A surprise policy shift in China is expected to give a boost to VW Group, GM and other foreign automakers planning to expand in the world's largest car market.... Read More »
Tariff played a role in Mexico winning Audi plantMay 17, 2013 06:01 CET  At the groundbreaking for the Q5 plant in San Jose Chiapa, Mexico, Audi CEO Rupert Stadler offered another explanation for deciding not to locate in the United States: The European Union slaps a 10 percent tariff on U.S.-built vehicles.... Read More »
Audi Q7 will shed weightMay 17, 2013 06:01 CET  The redesigned Audi Q7 that debuts next summer in Europe will weigh about 363kg less than the current model, company insiders said, adding that Audi is also planning a hybrid version of the next-generation large SUV.... Read More »
Audi shifting to high-performance models to propel salesMay 16, 2013 10:34 CET  Audi is counting on bigger sales of high-performance cars like the RS5, as well as the new version of the A3 compact, to propel volume this year amid intensifying economic headwinds.... Read More »
Audi shifting to high-performance models to propel sales 4:34 am U.S. ET | May 16, 2013  Audi is counting on bigger sales of high-performance cars like the RS5, as well as the new version of the A3 compact, to propel volume this year amid intensifying economic headwinds.... Read More »
Skoda's global April sales hit by switch to new OctaviaMay 16, 2013 16:10 CET  Skoda said today that its global sales fell 4.6 percent to 77,600 in April due to a switch to a new Octavia compact model and continued weak demand in some European markets.... Read More »
Volkswagen starts construction of 300,000-vehicle plant in ChinaMay 16, 2013 09:04 CET  Volkswagen has begun construction of a new factory in Changsha, China, with an annual capacity of 300,000 vehicles, the company said in a statement today. The plant is one of seven factories being built by the company as it seeks to expand annual capacity in China to 4 million vehicles by 2018 in order to meet growing demand.... Read More »
Revamped Mercedes S class strives to set new luxury mark 2:00 pm U.S. ET | May 15, 2013  Mercedes-Benz is heralding the redesigned 2014 S class as a flagship that will set new benchmarks for luxury sedans with its packaging of technology, safety gear and opulence.... Read More »
VW brand sales rise 5.4% in April as China demand offsets Europe dropMay 14, 2013 14:41 CET Volkswagen Group said sales of its core VW brand rose 5.4 percent in April, powered by gains in China which helped offset weaker global markets including the U.S. and Europe.... Read More »
Volkswagen said to favor China's FAW for budget brandMay 14, 2013 15:34 CET  Volkswagen favors launching a planned budget brand in China with local joint-venture partner FAW, sources said. VW aims to introduce the low-cost marque in about three years and may eventually expand it to more than one model.... Read More »
Audi sales in China exceed BMW, Mercedes on demand for SUVsMay 14, 2013 11:04 CET  Audi saw the fastest sales growth among German premium marques in China last month after deliveries rose 13 percent to 38,710 vehicles in China and Hong Kong, the company said today. BMW, the world's largest premium automaker, reported an 11 percent gain in core-brand sales to 30,311 units, while Mercedes-Benz said brand sales increased 11 percent to 16,241 units.... Read More »
Porsche SE to seek dismissal of legal claims filed in GermanyMay 14, 2013 12:04 CET  Porsche SE says legal claims by plaintiffs in Germany seeking more than 1.36 billion euros ($1.77 billion) in connection with its failed attempt to takeover Volkswagen in 2008 are unfounded. The family-controlled holding company that owns a majority of VW, says it will file a motion to dismiss the claims.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013  Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard.... Read More »
Porsche faces $1.8 billion suit over Volkswagen options tradesMay 13, 2013 14:34 CET  Porsche Automobil Holding, already facing suits seeking a combined 4 billion euros ($5.2 billion) linked to the carmaker's aborted takeover of Volkswagen, was sued by more hedge funds in Germany.... Read More »
Domestic brands score well in owner-perception survey 8:00 am U.S. ET | May 13, 2013 Volkswagen Group and Ford fared well among automakers in an annual study released today measuring quality and how deeply consumers feel about a new car or light-truck purchase after several months of ownership.... Read More »
Schaeffler to end Continental accord as merger project wanesMay 13, 2013 21:46 CET  Schaeffler, the largest investor in tire and components supplier Continental, plans to end an agreement between the two German companies as it continues to dismantle a plan for a gradual merger.... Read More »
Schaeffler to end Continental accord as merger project wanes 3:46 pm U.S. ET | May 13, 2013  Schaeffler, the largest investor in tire and components supplier Continental, plans to end an agreement between the two German companies as it continues to dismantle a plan for a gradual merger.... Read More »
Toyota puts high beams on headlight regulation 12:01 am U.S. ET | May 13, 2013  With a recent petition, Toyota has intensified the pressure on safety regulators to approve new headlights currently forbidden on U.S. roads. The headlights use cameras to detect other cars and automatically dim the portions of the high beam that would shine in other drivers' eyes.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013  Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard. The battle to finish 2013 as the global leader in premium-car sales will remain tense.... Read More »
SURGICAL MARKETING STRIKES Automakers grow adept at targeting ads to Internet surfers 12:01 am U.S. ET | May 13, 2013  The digital age has spawned effective ways for auto marketers to swipe customers from competitors. By monitoring the online shopping habits of millions of consumers, marketers can place online ads in front of shoppers quickly and precisely.... Read More »
CARS & CONCEPTS Audi Q7 will shed weight 12:01 am U.S. ET | May 13, 2013  The redesigned Audi Q7 that debuts next summer in Europe will weigh about 800 pounds less than the current model, company insiders tell German sibling publication Automobilwoche.... Read More »
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