| VW backs Porsche contracts, paves way for merger | 21-NOV-09 |
|
| Volkswagen AG’s supervisory board signed off on contracts for its takeover of Porsche SE in stages, clearing the way for Europe’s largest automaker to add the 911 sports car to its model line up. |
|
|
|
| Tomato prices see record hike | 16-NOV-09 |
|
| The prices of tomato have witnessed a hike of whopping 200 per cent in the last three days in the leading markets of central Uttar Pradesh. The recent heavy rains in Nashik in Maharashtra and parts of UP have prevented the timely harvesting of the produce, resulting in dearth of supply and consequent skyrocketing of prices. |
|
|
|
|
|
|
| India Eco Summit: VW Group eyes 8% shares in India | 10-NOV-09 |
|
| European auto major Volkswagen Group today said it is looking at capturing 8 per cent share in the Indian car market in next 4-5 years on the back of new launches and increased production at the Pune plant. |
|
|
|
|
|
|
| IFC to spend ?135 million in VW Pune plant | 07-AUG-09 |
|
| The World Bank’s private sector lending arm International Finance Corp (IFC) said it would invest ¤135 million in Volkswagen India’s plant in Pune to help generate jobs. |
|
|
|
| Sony posts loss, sales slump | 31-JUL-09 |
|
| Sony Corp reported a second straight quarterly loss as the stronger yen pushed the company further behind Samsung Electronics Co in television sales and the global recession drove down demand for video-game machines. The net loss was 37.1 billion yen ($390 million) in the quarter ended June 30, compared with profit of 35 billion yen a year earlier, the Tokyo-based maker of Bravia TVs and Cyber-shot cameras said on Friday. |
|
|
|
| VW says it limits first-half sales drop | 24-JUL-09 |
|
| Europe's biggest car maker Volkswagen (VW) said today it had limited a drop in first-half sales to 5 per cent from the same period in 2008 but was cautious about the outlook for the rest of this year. |
|
|
|
| Sale imminent as VW feud nears end: Porsche CEO | 18-JUL-09 |
|
| Porsche SE, the sports-car maker that may merge with Volkswagen AG, is likely to reach an agreement on a stake sale in a few days, Chief Executive Officer Wendelin Wiedeking said in an interview. |
|
|
|
|
|
|
|
|
|
| Driving seat | 19-MAY-09 |
|
| A 51 per cent stake doesn’t buy you much these days in Germany, as Porsche is finding out. The luxury car maker über-leveraged itself when it built up its majority ownership of Volkswagen, its much larger German rival. The two companies – each run by one of the feuding branches of the family that controls Porsche – earlier this month decided they should merge. But Volkswagen has the upper hand in the negotiations. |
|
|
|
|
|
|
|
|
|
| Merc, BMW, VW use discounts to drive down old stocks | 27-MAR-09 |
|
| Want to own a Merc or Beemer but can’t afford it? Here’s your chance. With luxury car makers getting ready to launch upgraded versions of models, dealers are offering discounts ranging from Rs 1 lakh to Rs 4 lakh on models that are being phased out to clear inventory. |
|
|
|
Content Guide
