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Toyota did it again: keeps title as world’s largest automaker with 10.15 million vehicles sold in 2015
For the fourth year in a row, Toyota reigns as the top automaker in the world, edging out its closest rival the Volkswagen Group. It is also the only company that earned the distinction of delivering more than 10 million vehicles in 2015.
Toyota Group, which includes Hino Motors and Daihatsu Motor, sold a total of 10.15 million vehicles which represents a 0.8 % drop compared with the year-ago figure. On second place is Volkswagen having reported 9.9 million units in sales, which include its MAN and Scania brands, and is a 2% drop from previous year level.
General Motors placed third in the round up, having delivered 9.8 million vehicles representing a 0.2 % increase. The Volkswagen group led the race in the first half of 2015 but was overtaken in the second half by Toyota after sales fell due to its emissions scandal.Read the entire article Toyota did it again: keeps title as world’s largest automaker with 10.15 million vehicles sold in 2015
Dealerships of Hyundai Motor America and Volkswagen of America, until December 2014, only had CDK Global Digital Marketing group as their exclusive certified Web site provider. Not anymore, as these carmakers have open doors for other providers to offer service to their retailers. Dealers for Hyundai – numbering 830 in the United States -- could now choose between the services of CDK Global and Dealer.com, disclosed David Tourtlotte, Hyundai's senior group manager of retail marketing.
CDK Global had been the only authorized Web site vendor for Hyundai dealers for the past four years. Tourtlotte remarked that as an authorized vendor, CDK Global and the factory has full integration to provide Hyundai dealers with inventory feeds, incentives, analytics and, importantly, leads generated from the Hyundai factory Web sites.
These features will now be available to dealers with Dealer.com Web sites. He quipped that the South Korean carmaker had chosen to have one vendor for its dealers to capture consistent inventory and performance data. He, however, said that having two technologies will allow Hyundai to better aggregate and analyze data coming from disparate software.Read the entire article Hyundai and Volkswagen get alternate Web site provides for US dealers
Volkswagen's decision to add extra production shifts in Germany for the Golf hatchback is not only attributable to strong demand, but also to problems adjusting to its new MQB platform, sources told Reuters. The MQB modular platform is expected to result to big savings as it uses more common parts across its increasing number of models.
According to a worker at Volkswagen's Wolfsburg site, the carmaker’s push to build more models has proven to be tricky on some assembly lines, leading to delays and overtime. He said that VW is having many “self-inflicted troubles.”
He added that this has forced some workers to work overtime, which has become totally unnecessary in some cases. Volkswagen has seen its sales – including those from it premium brands – surged significantly in recent years. Its sales have soared more than a half to around 9.7 million vehicles in 2013 and is expected to top 10 million units in sales this year.Read the entire article New MQB platform adds problems for Volkswagen
The Volkswagen brand saw its operating profit for the first quarter of 2013 reduced by almost half to EUR590 million as the carmaker struggles to sell more in a recession-hit Europe by offering steeper discounts. The VW brand accounts for over half of the VW Group’s EUR46.6 billion ($60.7 billion) sales.
The VW brand also saw its profit margin drop to 2.4 percent from 4.1 percent in the first quarter of 2012. VW chief executive Martin Winterkorn remarked that the current environment is definitely a tough challenge for the entire industry. Winterkorn remarked that the VW group is not “completely immune” to the intense competition and the impact this is having on the carmaker.
Sales of VW brand vehicles, including the best-selling Golf hatchback, dropped in March for the first time in over three years. Despite the setback, VW reiterated its targets announced on March 14, 2013 to match the EUR11.5 billion record operating profit set in 2012 and to drive sales and deliveries to new record levels.Read the entire article Operating profit of Volkswagen brand drops by almost a half in the first quarter
Volkswagen van owners could now avail of contract hire or finance lease deal for as low as £199 a month (plus VAT and initial deposit), with deposit contributions from Volkswagen of up to £1,000. Volkswagen is offering the finance deals for the entire VW van range. A customer could now avail of the Caddy for as low as £199 a month, excluding VAT.
One could also avail of a Transporter for as low as £239, excluding VAT; or of a Crafter for a low as £309, excluding VAT. Volkswagen’s finance offers include an initial rental contribution from the carmaker of £1,000 for customers financing a Caddy or Crafter, or £500 for the Transporter.
Customers could also avail of alternative finance options like the traditional hire purchase or lease purchase methods, at a competitive flat rate of 3.79 per cent interest, plus a £1,000 deposit contribution from Volkswagen for a Caddy or a Transporter, or a £2,000 deposit contribution for a Crafter.Read the entire article Volkswagen is offering financing for van models until end of March
Qoros Auto Co.’s design chief Gert Hildebrand said that when the brand begins selling in Europe, it will be competing with established brands such as Volkswagen and Qoto. In January 2011, Hildebrand moved to Qoros but years before that, he led the design for BMW's Mini brand for 22 years. Qoros Auto, formerly called Chery Quantum, is China's newest automaker.
When interviewed during a recent trip to Automotive News Europe in a visit to Munich, Hildebrand said that its new mid-sized sedan will compete against established European brands. Hildebrand has a team making designs for cars. These will be built in China using designs that are very exciting.
Hildebrand oversaw the expansion of the iconic Mini brand into new variants such as the Countryman, Clubman and Coupe models. Hildebrand will assist Qoros to come out with an upscale brand of vehicles for China and Europe.Read the entire article Qoros wants to take on Volkswagen
For the third consecutive year, Volkswagen Commercial Vehicles will be the official supplier to the 2012 Dakar Rally – known as the toughest marathon rally in the world. The organization team, the Amaury Sport Organisation (A.S.O.), can use as support vehicles a fleet of almost 40 vehicles, 30 of which are Amarok pick-ups. The rally is set to take place from Jan. 1 to 15.
The starting line for the 2012 Dakar Rally is at Mar del Plata, Argentina. Competitors from around the world will go on this 9,000 kilometre journey that passes through Chile and proceed to the finish line at Lima, Peru.
On the rest day of this rally, the event will be visited by several highly esteemed visitors. Formula One star Jacky Ickx will show Scorpions’ Rudolf Schenker and boxer Dariusz Michalczewski some safety handling tips for the Amarok Automatic under off-road conditions.Read the entire article Volkswagen sends a fleet of 40 vehicles to support the 2012 Dakar Rally
Production at Volkswagen AG’s subsidiary in Slovakia has increased by 45 percent in the first six months of 2011 compared to the same period the previous year, thanks to the increasing demand for sports utility vehicles.
Volkswagen Slovakia has disclosed in an email last Thursday from Bratislava, Slovakia, that it had assembled 94,600 units from January to June. The automaker manufactures Audi-brand Q7 and Touareg SUVs at its Bratislava factory.
The company also produces the Porsche Cayenne bodies at the plant. The company further stated that from July to December this year, production will be “positively influenced" by the commencement of the serial assembly of the New Small Family compact cars.Read the entire article Demand for SUVs increases production at Volkswagen’s Slovak unit
In the third quarter of this year, Volkswagen AG will launch a car-sharing program called Quicar aimed at urban customers in Hanover, Germany. For this matter, the company plans to utilize 200 Golf BlueMotion vehicles available for pick-up and drop-off in 50 locations around the city.
The company could add other vehicle models like the Beetle and Caddy to the fleet in the medium term, as well as increase the number of locations to 100, the company disclosed.
This program aims to benefit from the success of Daimler AG's Car2go and BMW AG's DriveNow, among other car-sharing schemes. Through the program, clients can book a vehicle up to five minutes before it is needed through the Internet or a call center.Read the entire article Volkswagen to launch Quicar car-sharing program in Germany
Nearly two-thirds of Toyota Motor Corp.’s local output in March was cut, making it highly likely that it will fall to No. 3 in the world automaker sales rankings behind General Motors Co. and Volkswagen AG.
The March 11 earthquake and tsunami has disrupted Japan's auto sector supply chain and power supplies have been reduced due to damage at a major nuclear plant.
Last Monday, investors that expected overseas competitors to benefit from an economic crisis in Japan had pushed up shares in South Korea's Hyundai Motors and associate Kia Motors to record highs.Read the entire article Toyota may fall to No. 3 in the world automaker sales rankings, behind GM and VW
The shares of Isuzu Motors Ltd. surged as much as 9.6 percent, the most on an intraday basis since March 16, after a Wednesday report of Germany’s Manager Magazin stated that Volkswagen AG is taking a share on Isuzu or buying the company outright. The report did not name the source.
The magazine mentioned that board member Jochem Heizmann held discussions with Isuzu and paid production sites a visit. A spokesperson for VW stated that the company will not decide soon regarding taking a stake in Isuzu, and refused to make further comments.
The magazine also reported that Volkswagen discussed the possibility of MAN SE acquiring a holding in Isuzu. According to Bloomberg data, VW owns 29.9 percent of the German truckmaker MAN.Read the entire article Isuzu shares surged 9.6 percent due to Vw’s interest in buying it
Talks are ongoing between Isuzu Motors Ltd. and Volkswagen AG to come to a truck engine supply deal, according to a report from the Nikkei business daily. However, Isuzu was quick to deny that there was an equity tie-up being planned. Reportedly, the two companies want to close the deal this autumn.
The two firms are expected to sign a confidentiality agreement and begin full-scale talks. Isuzu has yet to either confirm or deny that these talks have started with Volkswagen with regards to cooperation in engine supply and technology. Isuzu pointed out that it will consider a range of options on operational cooperation.
According to the report from Nikkei, Isuzu will be supplying seven-liter-class diesel engines for midsize trucks; and three-liter-class diesel engines for commercial vans and small trucks built by the Volkswagen group.Read the entire article Isuzu does not consider an equity tie-up with Volkswagen
Deliveries of Volkswagen AG's globally in the first quarter of 2011 climbed by 13.7% to a record-breaking 1.97 million vehicles. VW’s deliveries in March also set a record, after selling over 767,200 cars, an 8.1% increase compared to the previous year. VW seeks to overtake Toyota Motor Corp. by 2018 and become the world’s best-selling automaker.
Last year, the VW group had record sales of 7.14 million units, which placed it at third behind General Motors Co., which sold 8.39 million units and Toyota, which had sales of 8.42 million.
In a statement, VW Group sales and marketing boss Christian Klingler said that the first-quarter developments were “excellent.” He said that emerging markets such as China, India or Russia continued to perform strongly.Read the entire article China helps Volkswagen to achieve some impressive numbers in 1st quarter
Volkswagen AG’s CEO Martin Winterkorn said at a recent press conference in Salzburg, Austria that its production has not been affected by disruptions at Japanese parts makers because of the March 11, 2011 earthquake, adding that VW is well-supplied through next week.
However, Winterkorn added that predictions beyond next week are impossible to ascertain due to the shifting situation in Japan.
Starting April 4, 2011, Ford Motor Co. plans to idle its Genk, Belgium auto plant for five days to conserve parts following Japan’s earthquake and nuclear crisis. PSA/Peugeot-Citroen SA and General Motors Co. also cut production at European factories due to disrupted supplies.Read the entire article Volkswagen says its production was not affected by the earthquake in Japan
The Financial Times quoted a senior GAZ Group executive as saying that GAZ expects to sign a deal soon with Germany's Volkswagen AG to build WV and Skoda cars. Controlled by industrial tycoon Oleg Deripaska, GAZ would use its plant in Nizhny Novgorod for the joint-venture project, while VW would use its Kaluga facility in Russia.
Two auto industry sources recently told Reuters that the carmakers were planning a joint venture to produce 300,000 cars annually in Russia.
Siegfried Wolf, chairman of Russian Machines, the holding group that owns GAZ, said a deal “must be signed” by the end of February 2011 and it has to notify the Russian government, the ministry of industry by the end of February 2011 with whom it is teaming up.Read the entire article Report: GAZ Group to sign a deal with Vw Group
Due to financial and legal hurdles, Volkswagen AG's planned merger with Porsche SE could be delayed into 2012. The integration is already in full swing with regards to manufacturing.
Porsche said a longer-than-expected probe into allegations of share-price manipulation by two former board members is likely to push completion of the merger into 2012.
Porsche recently said that while the probability of success decreases as the process drags out, it believes the merger will go ahead. In 2010, VW already said that the merger may be held up by U.S. lawsuits and German tax disputes.Read the entire article Volkswagen-Porsche merger could be delayed by 2012
Volkswagen AG’s Slovak unit recently said that the company plans to invest EUR1 billion ($1.4 billion) in Slovakia in the next five years to boost car and parts production. The Slovak unit CEO, Andreas Tostmann, said the focus will be on new production technologies and increasing car production in the Bratislava assembly plant and car-parts production in the Martin factory.
One of the biggest exporters and investors in Slovakia, VW has invested more than EUR1.7 billion in the country over the past 20 years.
An export-reliant country, Slovakia has introduced structural market reforms over the past decade and attracted billions of euros of foreign direct investment, helping to make it one of the European Union's fastest growing economies. The VW plant near Bratislava produces SUV models, the Volkswagen Touareg, parts of the Porsche Cayenne, and Audi Q7.Read the entire article Volkswagen to invest 1 billion euros in Slovakia
Ford is seeking to match the fuel efficiency levels attained by Volkswagen's BlueMotion by setting up a new plan that would extend the mileage offered by its range. Global Product chief Derek Kuzak told Autocar that Ford will be working on making its upcoming vehicles as fuel efficient as possible.
In fact, all of the models in Ford’s future product plans will enter a weight reduction program and get special aerodynamic testings. Both are expected to considerably boost the vehicles’ overall fuel efficiency figures.
Since the Polo and Golf BlueMotion emit less than 100 grams of CO2 per kilometer, both are exempted from the British road tax and from the London Congestion Charge, says Autocar. The Golf BlueMotion emits 99 grams of CO2 per kilometer, while the Polo BlueMotion emits only 91 g/km.Read the entire article Ford seeks to match fuel efficiency levels of Volkswagen’s BlueMotion
Although many of us consider Volkswagen’s twincharger petrol engine an impressive powerplant it appears that engineers of the German manufacturer are ready to phase out it due to the fact that it is too expensive to produce.
Moreover, according to Vw insiders, the technology found on the engine is also too complex and it appears that a new turbocharging technology can achieve similar results at a much-reduced cost, says Autocar.
For those who don’t know, the impressive 1.4 TSI engine is currently found on the 2011 Vw Polo GTI which was unveiled back in 2010 at the Geneva Motor Show.Read the entire article Report: Volkswagen’s 1.4 TSI petrol engine could be on its way out
Volkswagen AG will be focusing more on the quality of its core products and will not be expanding its vehicle lineup in the U.S. beyond what it has set out to do.
At the 2011 Automotive News World Congress, Jonathan Browning, head of Volkswagen Group of America, admitted that the company “lost its bearings” and became “more of a marginal brand.”
He said that VW will have to re-examine itself and resolve the issues that it is “tripping over” in the U.S., such as pricing, climate control, seat size and/or rear legroom.Read the entire article Volkswagen’s priority in 2011 will be on improving quality of core products
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