German carmaker Volkswagen AG will make its new Passat and Jetta cars in Malaysia by late 2011 in a 1 billion ringgit ($318 million) venture inked Tuesday with local auto group DRB-Hicom Berhad as it seeks to expand in Southeast Asia.
german carmakerBMW 3Q net income falls 74 percent to euro78 millionNewsvine - business Tue, 11/03/2009 - 04:05
German carmaker BMW AG said Tuesday its net income fell 74 percent in the third quarter as it continued to be affected by the global economic downturn. VW 3Q net income falls 86 percent to euro172 millionNewsvine - business Thu, 10/29/2009 - 03:07
German carmaker Volkswagen AG says net income for the third quarter fell 85 percent as the global downturn affected demand for its cars and trucks. Report: Daimler may move some production to USNewsvine - business Wed, 09/23/2009 - 11:31
German carmaker Daimler AG is considering whether to move some production of its Mercedes-Benz C-Class models to Alabama from Germany, a newspaper reported Wednesday. Volkswagen to unveil new electric car at IAANewsvine - business Mon, 09/14/2009 - 23:13
German carmaker Volkswagen AG said it would unveil several new models at this week's Frankfurt Auto Show, including an electric car called the E-Up. Volkswagen global July deliveries increase 6.7 pctNewsvine - business Mon, 08/17/2009 - 04:59
German carmaker Volkswagen AG said Monday its worldwide deliveries increased by nearly 7 percent in July despite the global recession that has ravaged the sector this year. BMW reports 1Q net loss of euro152 millionNewsvine - business Wed, 05/06/2009 - 04:42
German carmaker BMW AG reported a small net loss for the first quarter Wednesday, as the global recession cut deeper into car sales, and said the future of the market remained uncertain for the rest of the year. |
