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VW's future: Jetta refresh, renamed SportWagen
Mon, 03 Feb 2014Michael Horn is new enough to his U.S. assignment that he's still looking for a permanent home in suburban Washington for his family. But Volkswagen Group of America's new CEO hasn't had a moment to waste getting his corporate house in order.
UK Car Sales up again in October 2012
Wed, 07 Nov 2012New car registrations rose in October by 12.1 per cent in the UK, the ninth month of 2012 to see rising car sales. The European car market may be in a real mess with carnage looming for production facilities run by mainstream car makers, but the UK continues to grow its new car market with sales in October up by 12.1 per cent. Total new car registrations (which includes pre-reg) rose to 151,252 units, the ninth monthly increase of 2012, and the SMMT are now predicting total sales for 2012 of over 2 million, back to 2010 levels after a fall in 2011 to below the 2 million mark.
BMW spends $900 million on South Carolina plant to build the X4 SUV
Thu, 12 Jan 2012BMW is expanding its lineup with the X4 and growing its manufacturing base with a $900 million investment in its Spartanburg, S.C., assembly plant. "This is in response to rising global demand for the BMW X family to include the BMW X4," BMW board member Frank-Peter Arndt said. BMW says the investment will create 300 new jobs at the plant.