IRELAND’S number one car brand has released details of an offer that will keep it at the top of the charts.
Tag Archives: VW
PSA mirrors VW, readies megaplatform to cut costs
PSA/Peugeot-Citroen is planning to produce its compact, mid-sized and SUV models on a common platform that also is likely to underpin models made by alliance partner General Motors.
The struggling French automaker is looking to borrow from Volkswagen’s money-saving megaplatform strategy as a way to stem massive financial losses that have forced staff cuts and a planned factory closure in France.
VW targets 60% rise in China production by 2018
WOLFSBURG (Bloomberg) — Volkswagen Group plans to increase production 60 percent by 2018 in China, where the German company’s earnings last year rose by more than 40 percent. Capacity in China will rise to 4 million vehicles a year by 2018 from about 2.5 million currently.
A new plant in China approved by the supervisory board will build as many as 300,000 vehicles yearly and will start operating in early 2016, CEO Martin Winterkorn said today.
Interesting Headlines we missed
Sorry, but there is just too much auto news coming out for us to catch it all. Here are just a few interesting stories that we missed.
European Woes Still Increasing
This news does not look good at all and the problems seem to be increasing, with more closures, firings and lay offs it only increases the number of unemployed which reduces the GDP per capita and just makes things even worse. Is there a light at the end of the tunnel, that is not a train coming straight at us?
