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 →
Volkswagen is reorganizing the Group’s sales and marketing structures, aligning the Company to growing internationalization and business development dynamics on the markets. “The continued shift in automobile markets towards new, fast-growing regions and constant expansion of the model range bring new opportunities for the sales, marketing and after sales business”, Christian Klingler, the Group Board Member for… Read More →
The Volkswagen Group and Italdesign Giugiaro S.p.A. (IDG), Turin, are to intensify their successful cooperation, putting it on a new footing. This was announced by both companies at a joint press conference in Turin on Tuesday. The Volkswagen Group will take a 90.1 percent stake in IDG, including the brand name rights and patents. The shares are… Read More →
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 →