Volkswagen eyes budget cars for emerging markets in 2 years

FRANKFURT: Europe's biggest car maker Volkswagen today said it is considering selling " budget cars" for as little as 5,000 euros (USD 6,500) in emerging markets "within two years".

Opel’s Future Weighs Heavily on German Town

BOCHUM, GERMANY — Udo Möde steered his Opel compact car slowly over the cracked pavement of the half-empty parking lot at the company’s plant in Bochum, Germany, on a recent workday.