Europe's weak economy catches up with VW as April car sales plunge

Europe's economic woes caught up with Volkswagen in April as monthly new-car sales at the region's biggest automaker fell 5.2 percent in a total market down 6.5 percent as consumers tightened spending. Read More »

BMW sees record 2012 sales, profits despite economy worries BMW predicted record sales and profit in 2012 boosted by eight new and updated models. The automaker stuck to its target of beating last year's record earnings on higher ... Read More »
Volvo starts production of new V40 Volvo this week started production of its new V40 hatchback, saying 85 percent of the car's production will be sold in Europe. The V40 will arrive in showrooms in Europe ... Read More »
Jaguar Land Rover sales surge offsets Tata decline in April Strong demand for Jaguar Land Rover vehicles helped offset weak sales at parent Tata Motors' commercial vehicles unit, resulting in flat April sales for the Indian automa ...
Ferrari's first hybrid likely to surpass Enzo as most expensive, powerful model Ferrari will turn to fuel-saving technology next year when it introduces its most expensive and powerful sports car yet, a gasoline-electric hybrid model that will replac ...
Chery requests approval of its $1.9 billion JV with Jaguar Land Rover Chery Automobile has applied for government permission to establish a joint venture operation with Jaguar Land Rover in China with an investment of 12.1 billion yuan ($1. ...