Besides Daimler, Audi, owned by Volkswagen AG, has been manufacturing cars in Hungary since 1994.
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Other car companies, such as BMW AG and Volkswagen AG, also have Silicon Valley presences.
Still, despite the headwinds, well-run companies like Volkswagen AG are able to remain profitable in Europe.
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Earlier this month Volkswagen AG replaced Porsche's chief executive, Michael Macht, with Volkswagen's product strategy chief, Matthias Mueller.
's Elantra and Veloster, and Volkswagen AG's diesel Jetta and Passat are other non-hybrids rated at over 40 mpg highway.
For Martin Winterkorn, a talented goalkeeper who had professional aspirations and now runs Volkswagen AG, the porous performance was hard to witness.
Volkswagen AG's Audi brand says none of its high-performance RS or S models, except the R8 sports car, is now subject to a guzzler penalty.
It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany.
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Later this week at the Consumer Electronics Show in Las Vegas the Volkswagen AG-owned brand will join Toyota to show off the latest in automated driving technology.
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Toyota Motor Corp. reported Wednesday it sold 2.43 million vehicles during the January-March period, outpacing U.S. automaker General Motors Co. at 2.36 million vehicles and Volkswagen AG of Germany at 2.27 million vehicles.
Volkswagen AG said Friday it planned to produce the Golf hatchback at a factory in Mexico, a move seen as the next step in its aggressive plan to boost sales in the United States.
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In a neighboring hall at the Paris show, Audi is teasing visitors with the eTron Spyder, a convertible version of the high-performance electric sports car the Volkswagen AG luxury subsidiary first previewed at the Frankfurt Motor Show a year ago.
Ford has traditionally lagged behind global auto majors such as General Motors, Toyota and Volkswagen AG, but the company is investing significantly in the region to increase capacity and expand the product line as it looks to cut its dependency on the North American market.
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The development of the car faced many delays and subsequent woeful changes as control over Smart switched hands from Volkswagen to Daimler AG, and a host of manufacturing partners that joined forces with Daimler .
In April 1993 a handsome lawyer named Ulrich Hartmann was named chief executive of Veba AG, Germany's fourth- largest industrial combine (after Daimler-Benz, Siemens and Volkswagen).
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