Volkswagen to price U.S. cars more aggressively: report
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Volkswagen  plans to prices its vehicles in the U.S. market more aggressively and drop costly features many customers there don't want, Chief Executive Martin Winterkorn was quoted as saying.
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Volkswagen AG, Europe&#39;s largest carmaker, had a seventh consecutive decline in quarterly profit on higher sales incentives and the strength of the euro versus the dollar.
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Negotiators for Volkswagen and its unionized employees began a third round of crucial wage talks in Hanover on Tuesday, with the company pressing its demand for a wage freeze and the union seeking job guarantees and a wage increase of 4 percent annually.
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FRANKFURT : Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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German auto giant Volkswagen posted strong third-quarter results Friday and restated a record full-year sales target as Chinese and South American growth offset slumping turnover at home and in the United States.
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The head of personnel at Volkswagen AG said the automaker will have to make dramatic reductions in jobs in Germany if it doesn't get the labor-cost savings it wants in ongoing wage talks, a newspaper reported ...
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German automaker Volkswagen AG would fight for its dominant position in the promising Chinese market by introducing new models, its chairman Bernd Pischetsrieder said Tuesday.
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The U.S. unit of Volkswagen will  offer a year of free car insurance to customers in two states  as a way of attracting business, Europe's biggest automaker  said on Monday.
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German carmaker Volkswagen said Friday sales had soared at its plant in Slovakia by 26 percent to nearly $3 billion in the first half of 2004.
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Volkswagen's  Audi  premium unit aims to raise sales in the United States to 200,000 vehicles by 2015 from last year's 90,000, Audi's sales and marketing boss told a German newspaper.
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BERLIN - German automaker Volkswagen AG said Friday it will cut investment in auto operations by 6 percent over the next two years and reshuffle its management board as part of an overall reorganization process meant to trim costs.
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German carmakers held out hope on  Sunday that a rash of new models would boost sales in the key  U.S. market this year, but called for official action to  address the dollar's weakness against the euro.
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DETROIT  -Consumer incentives offered on new cars rose nearly 2 percent in May from a month earlier in the U.S. market, according to a report released on Friday.
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DaimlerChrysler AG (DCXGn.DE) said on  Friday U.S. vehicle sales rose 5 percent in November from a  year earlier, when the automaker scaled back big discounts.
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Volkswagen AG, Europe&#39;s largest carmaker, wants German workers to agree to a two-year wage freeze to cut costs amid a stagnating market in place of the 4 percent yearly raise unions are demanding.
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The car manufacturer synonymous with the U.S market is looking far further afield
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DaimlerChrysler AG is looking at selling cars made by China's Chery Automobile Co. Ltd. in the United States through its Chrysler group, a German magazine reported yesterday. That could help the company meet demand for more fuel-efficient cars from American consumers.