VW Considers Building Cars in U.S. -Paper
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Continued depreciation in the dollar  is forcing Europe's largest carmaker Volkswagen to consider  building VW and Audi brand cars in the United States, the  company's sales and marketing head said.
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A new facility for VW and Audi could take the edge off the companyâs currency woes. VW sales and marketing chief Georg Flandorfer, in an interview with Frankfurter Allgemeine Zeitung, said that steep losses
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Volkswagen's new boss Martin Winterkorn has come up with a plan to save the German carmaker's threatened Brussels plant by building a new Audi model there.
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Volkswagen  is seriously  considering making cars for premium arm Audi in its main  Wolfsburg plant to fill unused capacity at the factory and  placate labor, a magazine reported on Saturday.
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The head of personnel at Volkswagen AG said the automaker will have to make dramatic reductions in jobs in Germany if it doesn't get the labor-cost savings it wants in ongoing wage talks, a newspaper reported ...
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Leaders of Germany's auto industry rejected a recent rash of criticism that they lack initiative to build more environmentally friendly cars, saying in comments published Sunday they were working on new, ...Comment
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DaimlerChryslerâs American subsidiary could attract many suitors, including private equity firms and overseas manufacturers looking for a North American ally, analysts said.
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Detroit thinks that building and selling its foreign-designed cars here will solve its problems.
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DaimlerChrysler (DCXGn.DE)   shareholder DWS has called on the carmaker's management to  consider a spin-off of the firm's ailing U.S. Chrysler unit as  an option as it gets ready to unveil its latest restructuring  plan for Chrysler, a German newspaper reported.
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U.S. car parts maker TRW   plans hardly any job cuts should Germany&#39;s Siemens (SIEGn.DE)  sell automotive electronics unit VDO to the U.S. company, a  German weekly reported on Sunday.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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Volkswagen&#39;s luxury car division Bentley wants to make its models more environmentally friendly and to edge closer to proposed EU limits, the financial daily Handelsblatt reported Friday, citing Bentley head Franz-Josef Paefgen.
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Toyota Motor Corp. is considering building a factory in Russia or elsewhere in eastern Europe as vehicle sales in the region may increase faster than in the rest of Europe, Toyota&#39;s president said.
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the German vehicle producing giant Volkswagen will assemble trucks in Abu Dhabi and enter a car leasing joint venture with the Gulf emirate, it was announced Monday.
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The Chrysler Group is abandoning a plan to build a new luxury sedan, citing fuel regulations currently on the table in Washington that could push U.S. automakers to increase vehicle fuel mileage, the New York Times reported on Wednesday.
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European carmakers sporting their latest models at the North American International Auto Show are hoping to maintain a healthy share of the coveted US market, despite a discouraging 2008 economic forecast.
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German premium car maker BMW   aims to increase its sales in the United States to  400,000 units per year in the medium term from 336,000, the  German Auto Motor und Sport magazine reported.