Volkswagen AG said Monday it was targeting a further increase in deliveries and revenues in 2012 despite difficult trading conditions in Europe as the region's biggest carmaker by sales revealed that its board's overall pay would be almost doubled to euro70.59 million ($93 million).
Volkswagen AG, Europe's biggest carmaker by sales, is targeting a further increase in deliveries and revenues in 2012, as it reported a a big drop in net earnings for the fourth quarter of last year.Volkswagen, ...
TOKYO — Toyota Motor Corp kept its lead over rivals General Motors Co and Volkswagen AG this year, January-September global sales figures showed, as the Japanese carmaker closes in on a record annual profit.
Toyota’s groupwide sales totalled around 7.412 million vehicles, up 0.1% from the same period a year ago, the company said on Monday, as strong sales in the United States offset slowdowns in Thailand and China.
Toyota’s groupwide total includes sales at affiliates Daihatsu Motor Co Ltd and Hino Motors Ltd.
Toyota said on Wednesday that it expects to sell 9.7 million vehicles globally this year, up 22 percent from 2011 as Japan's biggest automaker accelerates a recovery after last year's natural disasters.
Europe’s biggest carmaker Volkswagen AG (VLKAY) is determined to have “some hundred thousand” pure electric and plug-in hybrid vehicles on the roads of China by the year 2020, and all of them made locally. “In the near future, Volkswagen will be offering Chinese drivers over 20 new energy vehicles, from small cars to large-sized SUVs, from plug-in hybrids to pure electric cars," said Jochem Heizmann, head of Volkswagen Group China on Tuesday.
Earlier this week we reported that at JPMorgan, the many will pay for the crimes of the few, after the bank revealed that compensation for most workers would be flat with 2012, and no raises were planned for the bank's employees as a result of the massive, $20+ billion legal bill the bank has raked up in recent months as one after another market manipulation, fraud and malfeasance by current and former JPM workers has been revealed.
The Boeing Co. (BA) announced results for the first quarter of its fiscal year 2014 (1QFY14; ended March 31, 2014) before the opening bell today. The company beat earnings estimates but missed on revenues. Boeing stock is trading up by nearly 1.5%.