Volkswagen AG: Interim Report January-June 2005
Jul 29, 2005
WOLFSBURG, Germany--July 29, 2005--Volkswagen AG (FWB:VOW)(LSE:VKW) -- Automotive Division operating profit of EUR 871 million in the first six months of 2005 more than doubled year-on-year (previous year: EUR 341 million); Financial Services Division operating profit of EUR 504 million remains at high prior year level ... Continue reading
All-New 2006 Passat Makes North American Debut at Meadow Brook Concours d'Elegance Press Preview
Jul 28, 2005
WHAT: The North American debut of the all-new 2006 Passat 2.0T and the world debut of the all-new Passat 3.6L, which marks the return of Volkswagen's renowned narrow-angle technology. The Passat is Volkswagen's best-selling midsize car, and is credited as a car that forever changed the perception of what a midsize seda ... Continue reading
Volkswagen, Audi and Europcar are Official Automobile Partner of XX World Youth Day in Cologne
Jul 22, 2005
WOLFSBURG and COLOGNE, Germany, July 22 -- The organisers of the XX World Youth Day in Cologne from 16 - 21 August 2005 are expecting some 800,000 young people from 160 countries for the first official journey of Pope Benedict XVI. Under the motto "We Have Come to Worship Him" taken from St. Matthew's Gospel, young peo ... Continue reading
VW Dealers Leave Dallas Meeting Optimistic; Charismatic Chairman Talks of Revitalization Plan
Jul 19, 2005
Washington DC July 19, 2005; The AIADA newsletter reported that most of Volkswagen’s 640 North American-based dealers were on hand in Dallas late last week as part of a one-day annual meeting to discuss company plans to improve quality and generate new profits. During the meeting, which was closed to media and th ... Continue reading
Latest IIHS Front and Side Crash Test Results
Jul 18, 2005
Jul 14, 2005
Washington DC July 14, 2005; The AIADA newsletter reported that in an effort to stop their slide into the red, Volkswagen company officials said Wednesday the automaker needed billions of dollars in cost cuts and recommended the departure of its personnel chief Peter Hartz amid a corruption scandal, reports The Associa ... Continue reading
VW details plan to hit 2008 profit goal
Jul 13, 2005
Washington DC July 13, 2005; The AIADA newsletter reported that Volkswagen has presented details of its plan to boost profit by 4 billion euros [$4.9 billion] by 2008 while simultaneously improving quality in VW vehicles, according to Reuters. Quoting an anonymous source, the story said this will be achieved through co ... Continue reading
VW Dealer Websites to Feature Black Book(R) Online Used Vehicle Appraisal Service
Jul 13, 2005
BOCA RATON, Fla., July 13, 2005; Volkswagen dealer websites in the U.S. now feature the Black Book® Online used vehicle appraisal service. The announcement was made by Mike McFall president of Veretech, Inc. (licensee for Black Book Online) and Linda Tilt, Interactive Dealer Marketing Manager for Volkswagen of America ... Continue reading
Edmunds.com Names Used Car Best Bets, Offers Consumers Advice for Buying a Used Car
Jul 12, 2005
SANTA MONICA, Calif., July 12 -- Edmunds.com, the premier online resource for automotive information, today announces its recommendations for the best used cars and trucks, and offers advice for used-car shopping. (Logo: http://www.newscom.com/cgi-bin/prnh/20031009/LATH011ALOGO ) "Used cars and trucks, even those that ... Continue reading
Jul 11, 2005
NEW YORK, July 11 -- According to new data from GfK Automotive, men and women really are different when it comes to their next new car purchase. Fast and expensive vehicles drive men to take out their checkbooks while women are on the lookout for affordable, family-friendly wheels. For men, the Porsche 911 is the bigge ... Continue reading
Scandal and Shake-Up at VW on TheCarConnection.com
Jul 11, 2005
DETROIT, July 11 -- He's baaack. Lee Iacocca's selling cars for Chrysler again, but are you ready to buy? Get the word on Lido's return, then learn more about the wave of employee-pricing incentive programs, this week on TheCarConnection.com . Some folks have been rather naughty at Volkswagen AG, and that's kicked off ... Continue reading
Jul 7, 2005
Several automakers are scaling back the free-maintenance perks that traditionally accompany the purchase of a new car, as they look for ways to “trim their costs and beef up their bottom lines,” reports The Wall Street Journal. “... A growing number of manufacturers -- including some of the same brand ... Continue reading
Latest Recalls Include New VW Jetta, Toyota Tacoma and Others
Jul 7, 2005
Report Date : July 6, 2005 at 10:53 PM New Information Added Since : June 26, 2005 Make / Models : Model/Build Years: TOYOTA / TACOMA 2005 Manufacturer : TOYOTA MOTOR NORTH AMERICA, INC. NHTSA CAMPAIGN ID Number : 05V302000 Recall Date : JUN 27, 2005 Component: AIR BAGS Potential Number Of Units Affected : 11592 Summar ... Continue reading
Volkswagen of America Reports June 2005 Sales Results
Jul 1, 2005
Best Jetta Month in a Year All-New Jetta Sales Up 33% From May 2005 AUBURN HILLS, Mich., July 1 -- Volkswagen of America, Inc. reported June sales of 19,071. Significant in the overall results was the continued sales growth of the all-new Jetta. Increased availability of model, engine, and transmission choices within t ... Continue reading
Jun 23, 2005
Number of SUVs Earning Four-Star Rating Leaps From 1 to 24 WASHINGTON, June 22 -- SUVs and light trucks are less prone to rollover according to new rankings and reports released today by the National Highway Transportation Agency (NHTSA). Less than five years after the implementation of NHTSA's rollover rating program, ... Continue reading
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