Volkswagen Scania acquisition move
A Volkswagen Scania acquisition move reveals Europe’s largest automobile maker’s plans to overhaul its truck business.
Volkswagen (VW) has put over $9.21 billion (€6.7...
Peugeot Dongfeng French government rescue deal
A Peugeot Dongfeng French government rescue deal worth €3 billion ($4.12 billion) has been agreed, in which the founding Peugeot family will give up...
Volkswagen unionization declined, US
In a car plant in Chattanooga, Tennessee, Volkswagen workers declined union representation in a surprise move.
The vote was a serious setback for the United...
Jaguar Land Rover profits up to £842m, up from £404m in Q4 2013
Jaguar Land Rover profits surged by over 100% from £404 million ($662m) to £842 million ($1,380m) in the fourth quarter of 2013 on revenues...
What are the fastest cars in the world?
This Market Business News information article provides a ranking of the fastest cars in the world based on factors such as top speed, horsepower,...
Electric vehicle forecast 2014
IHS Automotive’s electric vehicle forecast for 2014 sees global production soaring by 67%.
Motor vehicle production, on the other hand, is only expected to rise...
Used vehicle market to slip in 2014, US
The used vehicle market in the US is forecast to slide in 2014, ending five successive years of increasing prices, after a steep rise...
Toyota is the world’s largest auto producer worldwide
Toyota Motor Corporation is the world’s largest vehicle maker for a second year in a row, beating both GM and Volkswagen.
The company produced 9.98...
New car sales forecast 2014, US
New car sales are expected to increase by 1.6 in January, 2014, compared to January 2013, with a total of 1.06 million units sold,...
Volkswagen North America $7 billion investment plan
Volkswagen North America has announced a $7 billion investment plan over the next five years, as well as a new seven-seater SUV (sports utility...