Wolfsburg, Germany News

And when no carmaker was interested in producing a German vehicle that would be widely affordable, the government decided to design and build one itself.

German carmaker Volkswagen AG said Friday it will buy some assets of German contract carbuilder Wilhelm Karmann GmbH to create a new manufacturing subsidiary that will eventually build a new car model.

Italian symphonic metal masters RHAPSODY OF FIRE will release their new album, "The Frozen Tears Of Angels" , on March 5, 2010 via Nuclear Blast Records .

Quality fan-filmed video footage of EPICA 's November 3, 2009 performance in Toulouse, France can be viewed below .

Porsche SE , the maker of the 911 sports car, posted a full-year pretax loss after writing down the value of options on shares of Volkswagen AG , the company ita s merging with after a failed takeover bid.

Presently, the highest bid on the auction for the special edition Volkswagen Citi , currently open on bidorbuy.co.za, stands at a little over R160 000 - even though the indicative market price is R113 500.

Artisan Software Tools has acquired Germany-based Extessy, a supplier of development tools for co-simulation, integration and test.

Nobel peace laureate Muhammad Yunus brought ideas for creating micro "social businesses" from Bangladesh to Europe Saturday with support from several of the world's leading corporations.

Nobel Peace Laureate Muhammad Yunus calls the global economic crisis "an excellent opportunity to reflect and redesign" businesses, and devote creative ones to solving social problems.

German carmaker BMW AG said Tuesday its net income fell 74 percent in the third quarter as it continued to be affected by the global economic downturn.

German sportswear company Adidas AG said Wednesday its net income fell 30 percent in the third quarter as it saw sales decline, especially at its sport performance division.

FRANKFURT -- German carmaker Volkswagen AG said net income for the third quarter plunged 86 percent as the global economic downturn affected demand for its cars and trucks.

Now is the time for U.S. suppliers that hope to do business with German and other European automakers to make deals, as opportunities have never been better, U.S. and German trade representatives said Thursday at the annual Southern Automotive Conference here.

Volkswagen welcomes a new addition to the Golf family for 2010, the Golf Wagon that replaces the Jetta Wagon in the lineup.

CEO Martin Winterkorn said the automaker will decide within the next two weeks on whether it will buy insolvent assembly firm Karmann.

James Turrell, Bridget's Bardo , 2008. WOLFSBURG.- In collaboration with the Kunstmuseum Wolfsburg , the American light artist James Turrell has created his largest-ever walk-in light installation in a museum context: an 11-metre-high, 'space within a space' structure that covers a floor area of 700 square metres and reaches up to the glass roof of ...

German champions Wolfsburg have told striker Grafite to take a week off in his homeland Brazil in the hope he will recover the form which made him the league's top scorer last season and earned him Germany's footballer of the year award.

China's economy expanded at the fastest pace in a year as stimulus spending and record lending growth helped the nation lead the world out of recession.

It may be one of the world's most unlikely theme parks, yet each year close to 2 million people pore through Autostadt, the German "auto city" that celebrates the achievement of Europe's largest automaker, Volkswagen AG.

The Volkswagen headquater is seen on July 23, 2009 in Wolfsburg, northern Germany.