Volkswagen released oo financial report of fiscal year 2013, and it was revealed that Porsche enjoyed an operating margin of 18%. This means that the Stuttgart brand has on average about U.S. $ 23,200 per car sold, according to BusinessWeek publication.
Volkswagen is considering dropping the plans to launch a low-cost brand in emerging markets, as previously forecast. According to Autocar website, the German company was having trouble balancing the quality of new vehicles with reduced prices.
The National Highway Traffic Safety Administration's (NHTSA), which is responsible for matters relating to traffic safety in the United States, revealed that Tesla convene a recall of 29,222 units of the Model S.