Tuesday 21 April 2015
 
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Volkswagen

Volkswagen ME partners with ‘The Change Initiative’

Volkswagen Middle East held the region final of ‘Think Blue World Championship’ in partnership with ‘The Change Initiative’ in Dubai over the weekend. ‘Think Blue’ embodies the Volkswagen goal o

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VW explores LeasePlan sale as part of cost cutting drive

Volkswagen is in talks to sell a 50 per cent stake in financing arm LeasePlan to a consortium including the Abu Dhabi Investment Authority, a source familiar with the plan said, as the carmaker cuts costs and refocuses its business.

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Volkswagen net profit surges 20pc in 2014

German carmaker Volkswagen said the net profit rose 20 per cent last year to €10.8 billion ($12.1 billion), but offered a cautious outlook for this year. The maker of Volkswagen, Audi, Skoda and SEAT brand cars said yesterday

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Volkswagen net profit surges 20pc in 2014

German carmaker Volkswagen said the net profit rose 20 per cent last year to €10.8 billion ($12.1 billion), but offered a cautious outlook for this year. The maker of Volkswagen, Audi, Skoda and SEAT brand cars said yesterday

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Volkswagen to recall 80,000 Audis

German car maker Volkswagen will recall 80,000 cars from its luxury division Audi due to issues with the fuel injection system, Audi said on Saturday, adding that around 35,000 of the affected vehicles are from China. The cars wer

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Toyota ends expansion freeze, eyes new plants

Toyota Motor Corp is ending a three-year freeze on building new vehicle assembly plants and is looking to open two new assembly plants in China and another in Mexico, four executives familiar with the company's plans said. The

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Al Nabooda reports 14pc rise in Volkswagen sales

Al Nabooda Automobiles, the exclusive distributor for Volkswagen in Dubai and the Northern Emirates, has reported a 13.9 per cent increase in the number of cars sold in 2014.      The largest Volkswagen dealer in the

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Audi plans electric sports car, activity vehicle

Volkswagen's premium Audi division aims to bring two purely electric vehicles to market by 2018 as it tries to catch up with rivals such as Tesla Motors and BMW. Audi's chief executive Rupert Stadler told German daily Fran

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European car sales surge 6.4pc in Sept

New car sales in Europe accelerated by 6.4 per cent in September, the 13th month running of increases as a recovery in the market spreads across the continent, according to official data. The European Automobile Manufacturers Asso

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Volkswagen Ramadan sales up 19pc

Al Nabooda Automobiles, the distributor of Volkswagen in Dubai and Northern Emirates, has announced a 19 per cent increase in sales during Ramadan compared with the same season in the previous year. Volkswagen Dubai will also exte

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