The low-cost brand of Volkswagen finally leave the paper after receiving the green light, according to German magazine Manager Magazin, which said the company resolved the issues regarding new cost input models.
Ford denied that the next generation Ka will compete with low-cost models, such as the Dacia Sandero in Europe. Stephen Odell, head of Ford Europe, said the new car will be positioned above this segment.
Matthias Muller, CEO of Porsche has revealed his desire to have a line of seven vehicles, stating that most cars have a life span of seven years. M?ller said that if Porsche had seven models, the company could make a big event every year.