The Volkswagen Transporter was first produced in March 1950, making this month its 60th anniversary. The popular van has subsequently sold over 10 million units worldwide and gone through five generations of evolution. The latest T5 facelift was launched in the fourth quarter of 2009 and comes in styles such as the people-carrying Caravelle as well as the campervan California.That first model,
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BMW plans to assemble their electric cars at a manufacturing facility in Leipzig, Germany. Amongst these vehicles is a subcompact, referred to internally as the "Megacity," which the automaker plans to release midway through 2013 with a different name.“The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” BMW CEO Norbert Reithofer said in a statement
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10 million sales by 2018 is new goalBY ANDREAS CREMERBLOOMBERG NEWSVolkswagen, Europe's largest carmaker, said it plans to increase sales to more than 10 million vehicles by 2018 as it seeks to dethrone Japan's Toyota.VW's management board approved business targets, including profit margins, measured by earnings before interest and taxes, of at least 5% for the automotive business in the "medium
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ZEEWOLDE, The Netherlands (1 February, 2010) - In advance of the General Meeting of Spyker shareholders, to be held on 12 February 2010, and which was convened on 28 January 2010, Spyker Cars N.V. ("Spyker") provides further strategic and financial details regarding its acquisition of Saab Automobile AB ("Saab").ACQUISITION RATIONALE AND SAAB BUSINESS PLANSpyker believes that through the purchase
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