As you can see, despite making up a smaller share of vehicle sales and sales revenues, luxury brings in the majority of Volkswagen Group's operating profits. Porsche is quite remarkable. Despite selling roughly 3% of the vehicles Volkswagen Passenger ...
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.
Volkswagen AG (ADR) (OTCMKTS:VLKAY), Volkswagen Aktiengesellschaft, with its subsidiaries, manufactures and sells automobiles predominantly in Europe, North America, South America, and the Asia-Pacific.
Continuing the crack down on foreign automakers in China, anti-monopoly regulators have fined a Chinese Volkswagen (OTCQX:VLKAY) joint venture $40.6M for fixing prices on vehicles and parts with dealers.
Volkswagen AG (VLKAY) has extended its cooperation with Chinese FAW Group Corp. till 2041. The German automaker has also announced to invest $126 million in its Shanghai Volkswagen proving ground, in Xinjiang province, with SAIC Motor Corp.