Volkswagen’s move to add extra German production shifts for the Golf hatchback, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources told Reuters.
Tag Archives: VW
VW, Ford, Nissan eye China’s entry-level market
For a long time, global automakers have been reluctant to sell inexpensive vehicles in China because they didn’t want to reduce the healthy profit margins on their products.
But the landscape is changing and now foreign automakers are jumping into China’s entry-level market.
VW said to consider planning center in Brazil to revive sales
Volkswagen Group is considering setting up a planning center in Brazil to boost flagging sales in the world’s fourth-largest car market, sources told Reuters.
Slowing growth in Brazil, once one of the most dynamic emerging economies, and an aging model fleet have weighed on VW. Sales have plunged 18 percent in the first half to 271,700, after a 13 percent decline in 2013.
VW faces battle with workers over cost cutting plans
Volkswagen faces a battle with workers over cost cuts at its biggest car division, a central plank of its drive to meet profit margin targets.
VW passes GM in global auto sales race
Volkswagen bumped General Motors out of second place in the global auto sales race during the first half of the year, but Toyota is expected to stay in first place.
