The Volkswagen Group is out with its record results for the Financial Year 2011 and has proudly declared a sales revenue of over 25 percent. Reaching a total of 159.3 billion through sales, the company is very confident about the prospects for the fiscal year 2012. The press release quoted Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of V... Read more
Frankfurt (Germany), Nov 25 (IANS/EFE) German automaker Volkswagen has announced plans to invest a record 50.2 billion euros ($65.2 billion) through 2015 in manufacturing plants around the world and ... Read more
Mexico City, Jan 28 (IANS/EFE) German automaker Volkswagen said it will begin manufacturing its redesigned Golf model in Mexico in the first quarter of 2014.
"With its existing infrastructure, compe... Read more
The Volkswagen Group has officially announced that it will now act as the sole importer and distributor of the Porsche brand in India. We had reported about Volkswagenâ??s plan to do so, back in Nove... Read more
Karlstad (Sweden), Feb 11 (IANS) Sebastien Ogier and Julien Ingrassia won the Rally Sweden at the wheel of the Volkswagen Polo R WRC in the FIA World Rally Championship (WRC).
In only its second com... Read more
Berlin/New Delhi, July 5 (PTI) German carmaker
Volkswagen AG has reached an agreement to acquire the
remaining 50 per cent stake in sports car manufacturer Porsche
by early next month. Unde... Read more
New Delhi, Sep 6 (IANS) German Volkswagen Group Thursday said it will invest 100 million euro (over Rs.700 crore) in its three Indian subsidiaries, including Volkswagen India, Skoda and Audi India, i... Read more
Volkswagen or any of its group brands viz. Audi, Bugatti, Lamborghini, Porsche, Seat and Skoda, have almost nothing to do with Formula One. So much so, that in spite of the J K Tyre Indian National Ra... Read more