Vw 2008 Profit To Hit Us$6.92 Billion, Automaker To Hit India, Russia

Chief Executive Martin Winterkorn told the VW shareholders that Volkswagen AG is set to post a pretax profit of at least 5.1 billion euros that is US$6.92 billion in 2008 because of its higher sales of its cars in Asia and Europe, and the United States fuel growth.

He also said the German automaker — famous for its Beetle and durable VW disc — will become more involved in the Indian and Russian markets and has outlined plans to expand production and sales in both countries, which are seeing a growing demand for new cars.

Speaking at the automaker’s annual meeting, Winterkorn did not lay out an earnings goal for this year, which the company said earlier would likely surpass the 4.4 billion euros earned in 2006. He said in the meeting that the Volkswagen group has experienced 12 eventful months. He further explained the collective wage agreement in October and the return to a five-day week represent a big step toward more competitive labor costs, higher capacity utilization and secured jobs.

The company has spent nearly two years cutting some 20,000 jobs from its German workforce because it strives to become more nimble in the face of rising competition from European and Asian rivals. Because of the restructuring, the company’s workforce was reduced to 94,000 employees; a 7 percent decrease from its previous number of employees. Workers at the six plants in western Germany also extended their workweek to from 28.8 hours 35 hours.

Winterkorn said the company, which is establishing production in India and Russia, is working hard in those two countries to build a good image in both markets.

India is one of the fastest growing automotive markets worldwide. Noting that Volkswagen sells Audis in the country and that some models from its Skoda unit are already built in India and Russia, Winterkorn said they are intent on playing a key role in shaping this growth.

Winterkorn further said because of the high tariffs on imported vehicles, however, Volkswagen will only be able to build a satisfactory presence in India if they also manufacture there directly. That is why VW will build a plant near the city of Pune at which it will start producing models including a small car designed to the needs of their customers in the Indian market, beginning in 2009.

Volkswagen expects to start assembling VW and Skoda models at its new plant in Kaluga near Moscow by the second half of this year, but is aiming to eventually have a complete manufacturing presence.

Same in India, Volkswagen?s objective in Russia is to attain a full manufacturing process. Once the body shop, paint shop and assembly line are ready, they will be able to start manufacturing Volkswagen and Skoda models in Russia two years from now.

Winterkorn said Porsche AG’s decision to recently increase its stake in VW was a sign of continued strengthening of the cooperation between the two companies ? Porsche and VW. Winterkorn believes that Porsche has faith in Volkswagen’s potential.

Last month, the German luxury automaker raised its holding in Volkswagen to 31 per cent in a move that it said was aimed at protecting VW from a hostile takeover. Followed by the German state of Lower Saxony, which holds nearly 20 per cent, Porsche is now VW’s biggest shareholder.

A German law that limits Volkswagen shareholder voting rights to a maximum of 20 per cent appears likely to be ruled unlawful by European Union judges, but these holdings would leave the automaker protected.

The meeting came a day after the Wolfsburg-based company said it earned 740 million euros, or just over $1 billion, in the January-March period, compared with 327 million euros a year earlier.

Sales rose 5.1 percent to 26.6 billion euros that is $36.1 billion, from 25.3 billion euros.

Big gains in China and Eastern Europe, and a modest gain in the United States, helped offset a dip in sales in Volkswagen’s German home market after the country increased its value-added tax rate in January.


Performance Level Up With Mercedes Aftermarket Parts

Mercedes is known for setting rigid standards in car production, and its models have always been a showcase of precision engineering. However, there are instances when concessions have to be made in the production of certain auto parts. One of the reasons for this is the use of material-saving strategies, when a company decides that a car part has to be produced in the most cost effective way possible while meeting design requirements. These strategies are often employed in the manufacture of what appears, at first, to be trivial car components. More often than not, these components would prove critical to the operation of the vehicle. Then later on, due to their design limitations, vehicle performance is affected.

Compromise in the fabrication of some auto parts has led several vendors to make and sell Mercedes aftermarket parts. These parts are intended to replace the original equipment that comes with your Mercedes purchase in order to improve vehicle performance or to replace a damaged stock item at a lower price. While many aftermarket vendors operate independently from the original car manufacturer, some are licensed to create replacement parts. Auto parts that are made by the car manufacturer or by its licensees are called Original Equipment Manufacturer (OEM) parts. Since OEM parts are built according to the original specifications, they are sure to integrate seamlessly to the vehicle. If you want performance however, you can turn to vendors selling Mercedes aftermarket parts.

One of the most overlooked items in your Mercedes inventory is the exhaust manifold. With its collection of tubes, the exhaust manifold looks plain, doing a seemingly mundane function of channeling the exhaust gases from the engine to the exhaust system. Investigate further and you will be surprised to know about its role in engine life and performance. When the exhaust gases are not flowed out to the exhaust system properly, they collect on the passages of the exhaust manifold and create backpressure. This buildup of emissions forces the engine to exert more energy in getting rid of the exhaust gases that are still inside its chambers, resulting in power loss and internal wear. This could be prevented if only the exhaust manifold is made wider and longer to accommodate more exhaust. To solve this, vendors have created a Mercedes aftermarket part called header as replacement for the factory-installed exhaust manifold. Headers reduce backpressure by providing each cylinder with its own exhaust pipe, ensuring a smooth flow of exhaust.

Another Mercedes aftermarket part that has become popular with many car enthusiasts is the cold air intake system. If your Mercedes doesn’t have one, you are letting go of an extra 5-10 horsepower you can squeeze out of your engine. Stock air intake tubes have bends to fit inside the engine compartment that reduce noise when sucking air. As a result of this design compromise, oxygen is supplied poorly to the engine, causing poor fuel combustion. In order to preserve cold air intake performance, the cold air intake must be replaced with a wider one that has fewer bends to increase the volume of oxygen supply. Combined with a cooler air source, the system will allow the engine to breathe easier, creating more power, boosting throttle response, and improving fuel economy.

Headers and cold air intakes are just examples of the various Mercedes aftermarket parts you can buy when upgrading your vehicle. They help you increase the performance levels of your Mercedes, levels that you will not be able to reach with just stock auto parts.


How To Clean The Seats In Your Car

Cleaning your car’s seats is very important because the first thing that anyone who sits in your notices are the seats. Clean seats make a very good impression and also make the car look good. motor polish is available to make your body shine from the outside but what about the interior? Is there something you can do to make it look better. According to runabout detailing experts you can completely revamp the interior of your car just by giving it a thorough clean. Car Leather Clean products are available in the market that you can use to clean your runabout interior. Lets discuss ways you can clean your motor seats and make them shine.


A vacuum is a great tool for cleaning. It can help get rid of all the dirt in your car instantly. Before you begin the actual cleaning process you need to vacuum the carpets and the car floor. This will get rid of all the dust and give the car a more refined look. You can use a brush to wipe off all the dirt that gets stuck in the seats.

Spray Cleaner

Next up you need to spray upholstery cleaner onto the seats. But before you spray shake the can first and make sure you get good coverage. Maintain a distance from the seats whilst you are spraying them. There is no need to get too close, you can wear gloves and a mask if you see it as a necessity. Car leather clean is an easy process so it shouldn’t take too much of your time.

Other Measures

Once you have sprayed the seats let the spray sit on the fabric for a period of at least 5 minutes. Now you can moisten the towels slightly and rub it onto the seat. Try to remove any stains that are present on the seats. Car polish can also come in handy at a time like this and it can be used to clean the interior properly.

Brushes and Scrubbing

The last step is to get a soft bristled brush and get rid of stains that are present on the fabric. But don’t scrub too hard or you could damage the seat’s fibers. Now to finish off the job you can use a dry towel to wipe the seat clean.


Car Polish and car leather clean are both essential tools that you need to have in order to properly clean your car’s interior. Just follow these tips and your car’s seats will be shinning in no time at all.


Saturn Vue Green Line Ready For 2007

The year 2006 still has not yet ended but General Motor Corporation?s Saturn brand of automobiles has made sure that the Saturn Vue Green Line would be ready for the auto market come the following. The company is very much proud of this vehicle. After all, it is a couple of thousands cheaper than some of the most known and popular hybrids in the market.

Since 2002, the Saturn Vue line of vehicles has already been produced and it has been created as a compact crossover sport utility vehicle entrant. And part of this line of vehicle models, the Saturn Vue Green Line was born. You can find all Saturn Vue vehicles as a wagon that holds four doors. And for the very first time this year, the public was introduced to the Saturn Vue Green Line. And what made the Green Line different from its parent model was that it was more inclined towards environment friendliness.

Saturn Vue?s Green Line has been created with a belt alternator starter system or the BAS system. This is simply a large electric motor with special bearings and parts used. But for the rest of the Saturn Vue Green Line, Saturn aftermarket parts would surely fit it. What the BAS system does is it stops the engine automatically when the vehicle comes to a stop. However, when the vehicle starts moving again, the BAS system starts the engine up again.

According to statistics from the Saturn Vue Green Line?s creator and manufacturer, an owner of this SUV would surely be able to save an average of fifteen per cent on his current savings on gas and fuel. And consumers in the market scouting for a new SUV would surely love this vehicle for it would cost much lower than other hybrid SUVs offered by other automakers.


Buying Used ? A Growing Trend

Many of these people realize the value (not to mention the savings) that go along with such a purchase when compared to buying a car that is brand new.

As soon as you purchase a brand new car, the minute you drive it off of the parking lot as the new owner, its value depreciates significantly. For instance, when I first bought my Jeep Liberty brand new in the summer of 2007, the moment I drove it off the lot, its value went down…a lot. I know this because out of curiosity, only a week after I had bought it, I took it to a local dealership to ask them how much it was worth. I also checked its value by using the Kelley Blue book system. As a new car owner and first time car buyer, I was shocked and a little disappointed. I was only beginning to learn a very hard lesson about making wise, well thought out, well informed decisions about purchasing a car.

I used to think that buying a used car made a person look bad. After all, anyone of any sort of status or who has money doesn’t buy used, right? Wrong. There are many people who find that they are happier and much better off when buying a used car versus a new car. The key is to make sure that you do your research ahead of time. A used car can be a great vehicle to have if you simply check the history on it, get a Car-fax, speak to the owner and have your local mechanic look at to make sure that it is a sound vehicle. But not everything goes according to plan.

When my boyfriend purchased his car a few years ago, he had been in a rush because only days before, another driver had struck his vehicle and totaled the vehicle. Now, vehicle-less and tired of asking his friends for a ride to work, he finally found some time to take action. He visited a local ‘Mom and Pop’ dealership in which he found what he thought was the perfect vehicle for him. Without any further ado, he simply bought the car. Almost as soon as he was clear of the dealership, he recognized that there was a problem with the car. He ignored it until he found himself (and his car) in the repair shop. Over $1,400 later, it turned out that he needed to have his catalytic converter replaced. In retrospect, whenever I talk to him about this experience, he says that if he had to do it all over again, he would have taken the car to a local mechanic to have it inspected prior to purchasing it.

Another problem facing those who buy new versus those who buy used is practicality. What can you really afford to buy? Not only this, but of what you can afford to buy within your budget, what are you going to be using the car for? Having a sports car may not make sense in your life right now whereas a four-door-sedan may do the trick. Just make sure that you do your homework to figure it out!


How I Gave My Used Car A Facelift

I am obsessed with my used car. No it isn?t anything ?flash?, but it has been reliable over the years. I like its colour, and it is comfortable to drive long distances. Just lately though, I had been seriously thinking of selling my car and buying something quite new. When I went online to see what I could find in my price range, there were so many gorgeous cars that I just could not decide. I thought I would buy and sell online, but after doing some sums, I decided to stick with my old car and just make it more comfortable simply by changing a few things inside and out.

I was not too sure what enhancements I wanted, but I did know that I wanted to keep the interior and exterior of my car looking like new. Because I spend a lot of my time in my vehicle and drive more kilometres each year, I wanted comfort, luxury, not just a new appearance. By doing a few small things and by rejuvenating my second largest investment, I solved my dilemma, and you can too.

There are so many upholstery services available for used cars. A quick search online will give you an idea what amazing upholstery you could fit in your budget. Bodywork shops specialise in the exterior repairs and painting and trim shops do the interior. Trim shops can replace worn carpets, worn fabric upholstery with beautiful soft leather. These days, there is nothing daunting for car repairshops as a weathered convertible top.

When it comes to car interiors, leather is the most popular option, as this is where age shows first. New fabrics though offer many customization, repair and restoration options for the average used car owner. Today’s modern trim shop can replace original materials such as seat or door panels, to an undetectable condition. You may find as I did, that some body work, and restoration is a very cost-effective alternative to buying a new car and taking on a new car payment.

So now that I have told you about preserving your faithful car, search for trim and upholstery shops on the Internet, which specialise in enhancing interior as well as exterior features of any automobile. I’m sure you’ll be glad you did.

But even after all these, you may still want to buy a new car, despite the many changes you’ve been able to make. Then it’s time to search for cars online because that’s where you can compare new and used car prices, read reviews about car models, and make an informed decision in buying a new car. At , for instance, you’ll find new and used cars, car dealers, and anything else you need to know about cars. Just register and submit a ?find a vehicle? search and let the site do the work for you. What’s more, it’s free to join, and post an ad.

Yes, you can give your used car a facelift. It’s all under your fingertips.


Growing Demand For Car News In India

The emerging middle class people in India are pushing the sales of new cars. With the growing income and growing aspirations there is more demand for car news in the country.

The Indian economy is growing and is the second fastest growing economy of the world as of now. The auto industry is also growing at a fast pace. Interestingly, the Indian auto market is also the second fastest growing one after the Chinese market. The expansion of the market is being fueled by the growing income of the middle class people of the country.

As car sales are growing there is also demand for more information related to cars. There are many news media organizations that keep giving information and updates about new car launches. With the growth of the auto industry, the Indian newspapers are covering auto industry more prominently. There are news of new car launches in the papers regularly. Information about upcoming cars also gets coverage. Some media houses have started to publish auto industry specific news magazines.

After the liberalization of the economy, even the media industry has been liberalized. Several companies have launched their television channels catering to various interests of the audience. When earlier there was just one television channel belonging to the Indian government, now there are so many news channels providing news 24 hours a day. Many news channels come up with shows related to the auto industry. The programmes provide details of various new cars and bikes being launched in the Indian market. They also provide test drive reports of new cars. Information about yet-to-be-launched cars also form content of the auto shows.

The Internet has emerged as an important source of information about the auto industry. Most of the news portals provide information about new car launches and coverage of the auto industry. There are also Internet portals covering the auto industry. These auto portals provide information about all kinds of cars available in the country. The information includes features and technical specifications of cars, and user reviews of the cars.

Several auto portals have launched their mobile versions for catering to the growing need for car news on the move.


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