With more than 1.5 million vehicles delivered to customers in the first quarter of 2018, the Volkswagen brand recorded the best delivery results in its history. Worldwide deliveries in March 2018 totalled 584,700, another new record and an increase of 4.9 percent compared with the prior-year figure for the same month. Jürgen Stackmann, Volkswagen brand [...]

Axalta Coating Systems (NYSE: AXTA) has new legal entity names for Spencer Coatings after its acquisition by Axalta in May 2017. Effective 3 April 2018, Spencer Coatings Ltd became Axalta Coating Systems Huthwaite UK Limited; Protega Paints Ltd became Axalta Coating Systems West Bromwich UK Limited; and Performance Paints Ltd became Axalta Coatings Systems Tewkesbury [...]

According to Reuters, the European Central Bank has approved Ford’s application to start a bank in Germany as part of their plan to ease any risk from Brexit. ‘The European Central Bank has approved Ford Credit Europe (FCE) Bank’s application for a banking license in Germany. We expect to establish this bank in the second [...]

Ford set to launch ‘Parts Plus’, a direct sales channel for trade parts. As market leader in the UK, Ford becomes the first manufacturer to offer a full range of parts directly to independent repairers. In addition to supplying Ford and Motorcraft parts, Parts Plus will also provide access to the all-new Omnicraft range, which [...]

When the life cycle of Ford’s Focus model ends in 2023, Ford could be making electric cars in Germany the head of the business divulged to Reuters. He also added that they would be welcoming state subsidies to aid in the new shift. Gunnar Herrmann told German publisher Handelsblatt that the timeline is still only [...]