VW Ends Golf Car Production in Belgium
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Volkswagen AG said Tuesday it would stop production of its Golf model at its Belgian plant, shocking workers and government leaders who fear more than 3,500 jobs could be lost.Comment
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BERLIN Volkswagen says its full-year net profit fell 31 percent in 2004. The German automaker fought headwinds from the weak dollar and sluggish consumer spending in Germany.
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Volkswagen, Europe's biggest car maker, becomes the latest company to say it is not interested in buying Chrysler.
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German car maker Volkswagen offered a lifeline to its Brussels factory, unveiling plans to build its new Audi model at the plant a little more than a week after announcing mass lay-offs.
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Volkswagen of America Inc. said on Friday it would recall 62,000 Passat sedans and wagons from the 2006 and 2007 model years in the U.S. and Canada because of potential problems with wiper motors or braking in cold weather.
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Michael Schumacher announced his retirement from Formula One on Sunday, moments after the seven-time world champion won the Italian Grand Prix.
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As had been predicted, Ford has announced that car production is to cease at Jaguar&#39;s Browns Lane plant in Coventry , England .
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BOCHUM, Germany  - Workers at the Bochum factory of German car maker Opel voted to return to work after paraylsing assembly lines for six days in protest at plans by Opel&#39;s US parent, General Motors, to slash 12,000 jobs in Europe.
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A German law that prevents a foreign takeover of carmaker Volkswagen is ruled illegal by a European court.
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Volkswagen AG has reduced the 2005 production target for its top-selling Golf compact by more than 10 percent because of Europe's sluggish auto market, a company spokesman said Tuesday.
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The aluminum maker, said it would close some metal-fabrication plants in Europe and North America.
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com staff writers. The parent company of Peugeot and Citroen has announce that due to the economy affecting the car market, they will withdraw from World Rally Championship competition at the end of the 2005 season.
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Volkswagen said it would stop production of its Golf model at its Brussels plant, shocking workers and government leaders who fear more than 3,500 jobs could be lost. The company said it would move all Golf production to plants in MÃ¶sel and Wolfsburg in Germany as part of plans to cut production in Western Europe because of falling demand. A VW spokeswoman, Evelyne Helin, said 1,500 jobs could be salvaged of the 5,300 at the assembly plant.
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World Number One Vijay Singh of Fiji has today withdrawn from the World Golf Championships - American Express Championship at Mount Juliet Conrad, Thomastown, Co.
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General Motors Corp., the world&#39;s biggest carmaker, said Adam Opel AG division employees in Bochum, Germany, decided to end a seven-day wildcat strike against the company&#39;s job-cut plans in Europe.
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US car giant General Motors says it is to shed 12,000 jobs in Europe, with Germany worst hit.
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French carmaker PSA Peugeot-Citroen is cutting 10,000 jobs, or 7 percent of its European work force, and is imposing a hiring freeze as it tries to cut costs amid a sales slump in Europe.