Tag Archives: VW

VW aims to lift profitability and save €5 billion

Volkswagen chief executive Martin Winterkorn -  VW aims to lift profitability and save €5 billion

Volkswagen Group plans to cut costs at its namesake passenger cars brand by €5 billion ($6.8 billion) by 2017 and boost productivity as it seeks to lift sagging profitability.

VW Scirocco gets a completely new range of engines

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Volkswagen is endowing its the new version of its Scirocco sports coupé with a range of six new petrol (TSI) and diesel (TDI) engines delivering more power and better fuel economy.

VW adds 2,000 jobs in Tennessee to build new SUV

VW adds 2,000 jobs in Tennessee to build new SUV (AP Photo/Erik Schelzig, File)

By ERIK SCHELZIG and TOM KRISHER

Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.

VW to Spend €2 Billion to Build New China Factories

VW Group - VW to Spend €2 Billion to Build New China Factories

Volkswagen which outsold General Motors in China last year, will invest €2 billion ($2.7 billion) to construct two new vehicle plants in the world’s biggest auto market.

VW considers Tripling SUV Lineup to Pass Toyota

VW considers Tripling SUV Lineup to Pass Toyota
By Christoph Rauwald

Volkswagen  is considering tripling the namesake VW brand’s sport-utility vehicle lineup in a bid to overtake Toyota in global deliveries, two people familiar with the matter said.