Budget car

VW to approve budget car after solving cost issues, report says

March 20, 2014 17:52 CET
VW's management board will sign off on a budget car for emerging markets likely sell for between 6,000 euros ($8,300) and 8,000 euros after ending a struggle to meet cost targets for the vehicle, a report said.... Read More »


VW budget car plan stalls as automaker struggles to meet cost targets

March 4, 2014 21:15 CET
Volkswagen's plan to build a budget car for emerging markets has stalled because the automaker is struggling to meet cost targets for the vehicle.... Read More »


Global vehicle sales will likely peak in next decade, analysts say

12:01 am U.S. ET | March 1, 2014
The planet that Henry Ford put on wheels is poised for a stall. The world will reach "Peak Car" -- a point at which annual global sales growth will top out -- in the next decade, analysts predict.... Read More »


Nissan says Datsun brand may generate operating margins of 7%

Jan. 10, 2014 14:54 CET
Nissan says its budget Datsun brand will generate operating margins of up to 7 percent because of its no-frills designs and by sharing the parent's development facilities and distribution network.... Read More »



Ford is right not to follow Fiat 500 with new Ka

12:01 am U.S. ET | Dec. 9, 2013
Ford is right to replace the Ka minicar in Europe with a regular subcompact instead of an upscale product to compete with the Fiat 500 or Opel Adam.... Read More »


Renault begins work on Algeria plant

Oct. 5, 2013 06:01 CET
Renault started construction of a plant in Algeria to expand its presence in North Africa where car sales are expected to rise by more than 100,000 in the next two years.... Read More »


Renault-Nissan will launch low-cost platform in 2015

July 16, 2013 14:19 CET
Renault-Nissan plan to launch low-cost cars on a jointly developed platform in 2015 aimed at emerging markets such as India.... Read More »


Volkswagen said to favor China's FAW for budget brand

May 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 »


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