Germany

Audi, the luxury unit of Volkswagen, is planning an alliance with the Japanese electronic giant Sanyo to develop a pilot hybrid project for the Volkswagen

Faced with a sharp decline in its quarterly profits this year, German automotive manufacturer BMW has come up with provisioning strategies and revised lower targets for 2008 in a... 2008-05-05

Audi, the luxury unit of the Volkswagen Group recorded an increase in operating profit by 28.2% to EUR514mn (US$857.2mn) in its first quarter despite lower sales volume with respect... 2008-04-29

German heavyweight Volkswagen (VW) has unveiled an ambitious plan aimed at becoming the world's biggest carmaker. The company has reported record results for 2007, which, according... 2008-03-14

German carmaker BMW has announced significant job cuts from 2008. As part of its strategy to lower costs and implement a more efficient manufacturing procedure, the carmaker is expected... 2008-03-06

German carmaker BMW has announced significant job cuts, despite achieving record sales in 2007. According to company sources, as many as 8,000 jobs may go in Germany, around 7.0%... 2008-01-03

BMW has unveiled plans to invest EUR100mn (US$141.11mn) to expand its Leipzig plant, located in the East German state of Saxony. According to industry sources, the German premium... 2007-09-27

Dwindling sales in Germany's new car market do not appear to be deterring carmakers from boosting their presence in the country. In fact, companies such as

German carmaker Porsche expects to see a significant improvement in earnings for its full fiscal year ending July 2007, even though it will be delivering more or less the same number... 2007-06-28

Volkswagen (VW) is forging ahead with plans to boost productivity in order to compete more effectively on a global level. According to company sources cited in sectors of the press,... 2007-06-20