Nokia commented on factors impacting its business and updated its second quarter and full year 2010 outlook for Devices & Services. During the second quarter 2010, multiple factors are negatively impacting Nokia’s business to a greater extent than previously expected. These factors include: the competitive environment, particularly at the high-end of the market, and shifts in product… Read More →
The Volkswagen Group continues to enjoy positive sales development. A total of 2.94 (January to May 2009: 2.49)* million vehicles were sold in the first five months of the year 2010. This corresponds to growth of 18.1 percent. In the month of May, the Group sold 604,200 (556,500, +8.6 percent) vehicles. “So far, the comparatively high growth… Read More →
“The Audi brand has made a significant leap forward in the U.S. market during the crisis. Yet despite optimistic planning, we didn’t expect the trend in sales figures to be so strong,” says Peter Schwarzenbauer, Member of the Board of Management for Marketing and Sales at AUDI AG. “For the overall year of 2010, I expect a… Read More →
The iconic sports car of Dr. Ing. h.c. F. Porsche AG, the 911, was ranked highest in this year’s AutoPacific customer satisfaction survey in the US. The premium sports car manufacturer has once again impressed its most important market. For the 14th Vehicle Satisfaction Award, a total of 42,000 car owners rated their new cars in 48… Read More →
The growth of overall sales at Škoda Auto, the Czech Republic´s largest car manufacturer, continued also in April. The number of vehicles delivered to customers from the beginning of this year grew to 242,078 (+18.6 %). In April alone, the company sold 63,177 vehicles (3.5% more than in April 2009).
Volkswagen Automatic Transmission Co. Ltd. in China begins local production of the efficient dual clutch transmission (DSG) today (Tuesday), marking a further milestone for Volkswagen Group China on the road to becoming the ecological leader among automakers in China. Dr. Winfried Vahland, President and CEO of Volkswagen Group China, stated: “The start of DSG production in China… Read More →
At a meeting with investors and financial analysts today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will update the market on progress at its Healthcare sector. Executives at Philips Healthcare, including sector Chief Executive Officer and member of the Philips Board of Management Steve Rusckowski, will elaborate on the longer-term growth prospects of the global healthcare market… Read More →
In April the Panamera became Porsche’s best-selling model in the US for the first time. A record number of 678 customers chose the four-passenger Gran Turismo. The premium sports car manufacturer had to operate in a difficult overall market environment and sold 1,747 units from its current model lines to US customers. This is a fall of… Read More →