Word: cadillac
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...company known for the inexpensive Beetle is now launching its most expensive cars ever. Its first SUV, the Touareg, tops $42,000 with an eight-cylinder engine, putting it in league with hot models from BMW, Cadillac and Infiniti. And a loaded Phaeton, a sedan that cost more than $900 million to develop, will have a sticker price north of $85,000 when it hits U.S. dealerships in December. VW plans to launch dozens of new models over the next two years, including a new Microbus, smaller SUVs and crossover vehicles, and is considering a sexy convertible, the Concept...
...days, and they asked if they could help. Next thing the Lynches knew, a team of friends had set to work on the house as the family headed to Germany on a Heinz Corp. jet ("It was my first experience of flying," Dee says, "and it was like a Cadillac...
...INDICATORS red cadillac Detroit 's Big Three automakers - General Motors, Ford and DaimlerChrysler - reached trade agreements with China that will allow the export of thousands of vehicles over the next two years to the world's fastest-growing car market Strike Up The Broadband T-Online, Europe 's largest Internet service provider, posted a quarterly net profit of -3 million - the first since it floated in April 2000 - thanks to a rapid increase in the number of its broadband subscribers. Candid Camera Phones South Korea 's government called on cell-phone manufacturers to fit picture phones with an audible beep...
...luxury arena, where vehicle profit margins are higher than in the mid-priced segment where VW typically competes. Thus, the firm is launching its most expensive cars ever: its first SUV, the Touareg, hits $42,000 fully loaded, putting it in league with hot models from BMW, Cadillac and Lexus. And its Phaeton - a sedan that cost over $900 million to develop, with an optional 12-cylinder engine and a sticker price expected to top $85,000 - hits American dealerships in December with a modest sales target. (The Touareg, which is seeing growing demand in the States and was named...
...October to the top design job. Welburn is charged with advancing the work of his predecessor, Wayne Cherry, who rescued GM from the bland boxes it produced in the '80s and early '90s. Welburn recently headed design of GM trucks and SUVs, overseeing the look of the hot Cadillac Escalade and Hummer H2, among other vehicles. Welburn's passion is muscle cars: he created an Oldsmobile that sustained 257 m.p.h.--a world record...