BMW saw its sales jump 20% in November, driven by growth in Germany, China and the U.S. The German automaker sold more cars than the Mercedes-Benz or Audi brands. Its sales growth for the year so far also is outpacing that of i…
It’s traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery….
It’s traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery….
After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations. And, no, it wouldn’t take an…
Volkswagen (VLKAY), Europe’s top carmaker, plans to invest €51.6 billion ($71 billion) over the next five years.
The company’s supervisory board approved the investments in plants, vehicles and development for the nine Volkswagen brands, Bloomberg News reported.
Volkswagen’s Chinese joint ventures will spend an extra €10.6 billion through 2015.
The company hopes to sell…
Continue reading Volkswagen Unveils $71 Billion Investment Plan
Volkswagen Unveils $71 Billion Investment Plan originally appeared on DailyFinance on Fri, 19 Nov 2010 08:20:00.
Filed Under: Company News, Technology, Autos