Volkswagen takes aim at Toyota in U.S.: German auto maker to cut features to allow more-competitive prices
Article Abstract:
Volkswagen AG of Germany has announced aggressive sales plans for both US and global markets. Volkswagen will reduce prices on its US vehicles by eliminating unneeded features, aiming to sell 1 mil vehicles by 2018, in contrast to the total of 330,000 in 2006. Also, Volkswagen plans to introduce 12 new models to its global sales.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Porsche's road to growth has real hazards
Article Abstract:
Porsche AG of Germany plans to introduce an entire range of sporty vehicles including a four-door coupe. The high costs of development for the automobile and a hybrid engine caused the share price to decrease 4.65 percent. Porsche AG is traditionally a luxury automobile brand name.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Porsche pulls into hybrid lane: new engine developed with Volkswagen bucks move to diesel
Article Abstract:
Porsche AG and Volkswagen AG are developing a new electric-gasoline hybrid engine for Porsche's Cayenne sport-utility vehicle. The new engine is expected to reduce fuel consumption by almost a third, and will be marketable by 2010.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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