19 Jan '11, 1am

Volkswagen considers launching a new car brand exclusively for China: #globranding

BERLIN - GERMANY'S Volkswagen, Europe's biggest automaker, is considering launching a new car brand specifically designed for the booming Chinese market, a report said. 'The Chinese government has been promoting Chinese brands for some time now. In this context, joint ventures with foreign companies - such as FAW Volkswagen or SAIC Volkswagen for us - are encouraged to make a local marque,' an official with unit Volkswagen China said in a Handelsblatt report to appear on Wednesday. VW is now in talks with its Chinese partners, looking at the market for models below 8,000 euros (S$13,737), the report said, adding that the company's supervisory board was expected to approve the project. 'We look at this local brand as offering the opportunity to penetrate an area of the market from which we are currently absent in China,' VW's manager for China, Karl-Thomas Neumann, said. Vo...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

Tweets

shock! Singaporeans negative about football...c...

tnp.sg 16 Jan '11, 10pm

IN THEIR worst run in the league for almost 15 years, Chelsea were desperately clinging on to the belief that they would t...

DTN Malaysia: China bosses to give houses, cars...

sg.news.yahoo.com 19 Jan '11, 4am

Kuala Lumpur (The Star/ANN) - Houses, Mercedes Benz cars, diamonds, gold, iPhone and iPad are among the expensive Chinese ...

ANZ Bank names new CEO for China business - Str...

straitstimes.com 20 Jan '11, 9am

SYDNEY - AUSTRALIA and New Zealand Banking Group, which is expanding in Asia, named Charles Li from Royal Bank of Scotland...

New car, old COE?: The old COE would leave his ...

todayonline.com 12 Jan '11, 10pm

IT IS clear that the supply of new Certificates of Entitlement (COEs) cannot satisfy current demand, despite the Governmen...

Volkswagen will begin selling the seventh gener...

straitstimes.com 22 Jan '11, 3pm

BERLIN - VOLKSWAGEN will begin selling the seventh generation of its flagship VW Golf hatchback at the 'end of 2012 or ear...

News about China car lottery could be interesti...

todayonline.com 26 Jan '11, 10pm

BEIJING - Beijing's municipal government held its first lottery for car plates yesterday as it seeks to ease traffic jams ...

COE prices end mostly lower. Cat A is $40,123. ...

straitstimes.com 19 Jan '11, 8am

The COE premium for cars above 1,600cc ended at $58,910 - a drop of $10,090 or 14.6 per cent. -- ST PHOTO: BRYAN VAN DER B...

CRIMES AGAINST HUMANITY (Myanmar rights report ...

sg.news.yahoo.com 19 Jan '11, 6am

NEW YORK (AFP) - – The Myanmar junta has been commiting abuses in a remote state that need a crimes against humanity inves...

Brand new local drama 《Secrets For Sale 拍。卖 》 p...

channelnewsasia.com 18 Jan '11, 1pm

SINGAPORE: The last time former Caldecott Princess Jesseca Liu was seen on television was in last month's Channel U televi...

Luxury car sales zoom to new highs

Luxury car sales zoom to new highs

straitstimes.com 28 Jan '11, 1am

Porsche cars seen here in a showroom at Sungei Kadut. The marque was the third best seller among luxury cars with 448 regi...

China's development loans beat World Bank: BEIJ...

channelnewsasia.com 18 Jan '11, 3am

BEIJING: China has lent more money to other developing countries in the past two years than the World Bank has -- a sign o...

SIT to offer 6 new degree courses

SIT to offer 6 new degree courses

channelnewsasia.com 23 Jan '11, 7am

SINGAPORE: The Singapore Institute of Technology (SIT) will be launching six new degree programmes from this year, bringin...

China has lent more money to developing nations...

straitstimes.com 18 Jan '11, 3am

A bank teller counts stacks of US dollars and Chinese 100-yuan notes at a bank in Hefei, east China's Anhui province. Chin...

Israel tested Stuxnet on Iran, with US help: Re...

straitstimes.com 16 Jan '11, 4am

WASHINGTON - US AND Israeli intelligence services collaborated to develop a destructive computer worm to sabotage Iran's e...