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VW Routan minivan to be dropped from lineup
Thu, 28 Mar 2013Volkswagen will end sales of the Routan minivan, a rebadged Chrysler-built minivan that VW has sold since 2008, the company's top U.S. executive said Wednesday. The Routan will be phased out this year, with most units destined for "internal purposes" such as VW's corporate fleet, said Jonathan Browning, CEO of Volkswagen Group of America.
General Motors buys Suzuki's stake in Canadian assembly plant
Fri, 04 Dec 2009General Motors and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners. Neither company disclosed the timing or pricing of the sale, which was announced Friday.
The €2000 car
Fri, 15 Jun 2007By Tim Pollard Motor Industry 15 June 2007 08:28 The market for bargain basement cars costing as little as €2000 (£1400) is about to grow dramatically. CAR Online is reporting from Bosch’s annual technology seminar all week – and we grilled the bosses at the world’s biggest components supplier to find out about the soaring demand for cars priced under €7000 (£4900). Bosch’s president of gasoline systems, Wolf-Henning Scheider, said: ‘According to our estimates, this vehicle class will reach a share of 13 percent of the world market in 2010.