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  • November 26, 2014
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  1. Business - Companies - CARS

    Volkswagen bid to raise stake in venture with FAW sputters

    Posted Nov 12th 2014, 10:18am by Reuters

    ... Reuters in Beijing Volkswagen move to raise FAW stake stalls Volkswagen's bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just ... in FAW-Volkswagen Automotive to about 50 per cent had stalled after more than a year of talks, two sources at the German company said. "The door [leading to a higher stake] appears to be closed ...

  2. Business - Companies

    Volkswagen-FAW joint venture extended by 25 years

    Posted Oct 13th 2014, 04:13am by Reuters

    ... Reuters in Berlin VW-FAW venture extended by 25 years Volkswagen extended its joint venture with China FAW Group Corp by 25 years, as the German manufacturer steps up its bid ... over 10 per cent this year, helping global players such as Volkswagen cope with a fragile recovery in its European home market after a six-year slump. Volkswagen, one of the first global ...

  3. Business - Companies

    Volkswagen to deepen research cooperation with China's FAW

    Posted Oct 11th 2014, 04:09am by Bloomberg

    ... Bloomberg in Frankfurt VW to deepen research ties with FAW Volkswagen will deepen research and development projects with its Chinese joint venture partner China FAW Car including work ... Volkswagen officials declined to comment. A call to the office of FAW spokesman Wu Shaoming was not answered. Volkswagen operates a second joint venture in the world's largest car market ...

  4. Business - Companies - VEHICLES

    Volkswagen leads German charge in China's compact-car market

    Posted Sep 16th 2014, 09:35am by Reuters

    ... Reuters in Shanghai Competitive pricing has made four of German firm's models the best-selling compacts Volkswagen goes for small cars to score big in China Volkswagen's lead ... only lead to consolidation. Competitive pricing has made four Volkswagen models China's best-selling compacts, boosting Germany's share of the overall passenger market to 24 per cent ...

  5. Business - Companies - CAR INDUSTRY

    VW's Camper van, symbol of hippy movement, will ride no more

    Posted Dec 13th 2013, 06:20pm by AFP

    ... Agence France-Presse German carmaker is ceasing production of its popular Combi – but not before celebrating its long and colourful journey Ten years after Volkswagen’s legendary Beetle drove off into the sunset, the German carmaker’s other main icon, the camper van, takes its leave from the world’s automobile stage this month. Volkswagen’s last Type 2 – the van’s official name ...

  6. Business - Companies - CARS

    Production to double at new Volkswagen plant

    Posted Sep 26th 2013, 12:00am by Reuters

    ... Reuters in Foshan Carmaker has ambitious plans for Guangdong factory, eyeing capacity of 600,000 cars a year Production to double at new Volkswagen plant Volkswagen plans to double ... to manufacture the redesigned Volkswagen Golf car. Volkswagen also sells the Audi, Skoda, Lamborghini and Bentley brands in China. The plant is also slated to start producing the Audi A3 hatchback early ...

  7. Business - Companies

    Volkswagen to invest 14b euros in China to 2016

    Posted Nov 23rd 2012, 12:43pm by Reuters in Beijing

    ... Reuters in Beijing Volkswagen AG plans to invest 14 billion euros (US$18 billion) in China over the next four years, its China chief was quoted by the China Daily newspaper as saying, as it speeds up its expansion in the world’s largest car market. Volkswagen, which produces cars in China in partnership with SAIC Motor Corporation and FAW Group, is building four plants ...

  8. Business - China Business - GOVERNANCE

    Antitrust body fines Volkswagen and Chrysler, denies targeting foreign firms

    Posted Sep 12th 2014, 06:19am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Antitrust authorities hit carmakers Volkswagen and Chrysler with fines Agencies deny targeting foreign firms The mainland's top ... million yuan (HK$353.9 million) were announced against German carmaker Volkswagen's mainland joint venture and US car brand Chrysler. The National Development and Reform Commission ...

  9. Tax rise no threat to China's luxury car sales

    Posted Nov 25th 2010, 12:00am by Staff Reporter

    ... Neil Gough The mainland's proposed eightfold tax increase on big-engine luxury cars is unlikely to have a major impact on booming retail demand in the segment, according to one leading dealer of super-luxury vehicles. Sparkle Roll, which operates fou ...

  10. Business - Companies - CARS

    Volkswagen set to be No 1 carmaker in China

    Posted Dec 27th 2013, 03:20am by BLOOM

    ... Bloomberg in Shanghai German firm expected to overtake rival GM in sales in the world's largest car market, as competition between them intensifies Volkswagen set to be No 1 carmaker in China Volkswagen is poised to sell more vehicles in China than General Motors (GM) for the first time in nine years, regaining its place as the biggest foreign carmaker in the world's ...




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