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Volkswagen aims for lofty Beetle sales
Mon, 25 Apr 2011The attractive new 2012 Volkswagen Beetle is expected to sell as many as 50,000 to 60,000 units a year in the United States. The car launches this fall. That level will be a big improvement over the latter years of the outgoing model, in which sales dwindled to just 15,000 a year, but it remains lower than the record figure of 83,000 achieved 18 months after the launch of the revised model.
Who's Where: Micheal Castiglione joins Ken Okuyama Design
Wed, 27 Aug 2008Micheal Castiglione, principal exterior designer on the 2006 Dodge Challenger concept car created at the Chrysler Group's now defunct Pacifica Studio on the west coast, has now joined Ken Okuyama Design. As Chief Designer, Castiglione will be tasked with designing products as well as cars once the company establishes itself in an as yet undisclosed location. "We're really busy with a number of projects that Ken's got going," Castiglione told CDN.
Sergio Marchionne warns of strife ahead in Europe
Sat, 29 Sep 2012Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.