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Volkswagen AG

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On the 20th of March, Volkswagen AG informed that it would recall nearly 385,000 in China, its biggest market, to fix gearbox problems. Everything indicates that the recall will start in April. Certainly, the recall will be a harsh blow for the company as the whole operation may cost it over $600 million.

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While most of carmakers are experiencing difficulties, Volkswagen AG is ready to invest hefty sums to expand and build plants outside its European market. According to its latest statements, Volkswagen AG aims to double (sic!) its output capacity in the world’s second economy in the next five years. The Europe’s biggest carmaker just wants to take advantage of upcoming opportunities and grab a bigger market share in emerging markets to offset weak results recorded in the Old Continent.

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The Good, The Fast, The Best With modest beginnings, Bentley Motors was founded by W.O Bentley in 1919 when they launched the first Bentley …

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