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An ambitious plan to increase Volkswagen brand sales in the United States to 800,000 by 2018--up from 213,454 last year--begins with a mid-sized sedan to be built starting early next year in Chattanooga, Tenn. Later, the new factory will add the Polo small car or a mid-sized SUV--possibly both. Here is a rundown of VW's product plans through 2013.
By Tim Pollard
First Official Pictures
09 September 2008 12:00
Images of the production Chevrolet Volt plug-in hybrid car have leaked onto the internet a week ahead of GM's planned shindig to celebrate the brand's centenary on 16 September 2008. The Volt is a landmark model – a hybrid electric car that can run for 40 miles on battery power alone or use the onboard 1.4 petrol engine for further charge. The new Volt will also be one of the world's first plug-in hybrids when it goes on sale in 2010 (2012 for Europe), allowing it to be hooked into the mains to top up the battery.
Ferrari boss Luca di Montezemolo has announced an unusual plan for the Prancing Horse: to sell fewer cars in 2013 than the 7000 it delivered in 2012. Speaking in Maranello, di Montezemolo stated that 'this is a far-sighted decision to strengthen our brand equity, from what I learned from Enzo Ferrari… We must resist people who say the competition will benefit from us making fewer cars… When others penetrate our markets, we are happy to meet this challenge.'
Is Ferrari mad to chase fewer sales? It is not the first time that Ferrari has decided to limit supply: 'In 2003 we did the same,' explains Montezemolo.
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