Scania AB , the Swedish truckmaker controlled by Volkswagen AG , said it’s considering a merger with MAN SE of Germany to create Europe’s largest manufacturer of commercial vehicles.
Porsche SE ’s car-making division tripled profit in its shortened 2010 fiscal year as deliveries of the Cayenne sport-utility vehicle and Panamera sedan surged.
Volkswagen AG, Europe’s largest carmaker, stood by its accusation that Suzuki Motor Corp. breached a partnership agreement, rejecting the Japanese company’s calls to restore its “honor.”
Volkswagen AG, Europe’s largest carmaker, will add a mid-sized sport-utility vehicle in the U.S. and probably produce it in Chattanooga, Tennessee, two people familiar with the matter said.
Audi AG delivered more cars than Bayerische Motoren Werke AG’s namesake brand through the first two months of 2014 to nab the global lead in luxury sales.
Audi AG trimmed Bayerische Motoren Werke AG’s lead in 2012 luxury-car sales to just 2,110 vehicles in August, threatening BMW’s seven-year hold on the top position in premium auto deliveries.
Bayerische Motoren Werke AG , the world’s largest maker of luxury cars, expects “significant” sales increases in the first half of this year on demand in Asia and the U.S. for 5- and 6-Series models.