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Volkswagen sticks by ‘racist’ Super Bowl ad

Volkswagen of America said Tuesday it’s going ahead with a Super Bowl ad that some critics are calling racist because it depicts a cheerful white office worker speaking in a Jamaican accent. Titled “Get In, Get Happy,” the 60-second spot has been seen more than 614,000 times since it went…

Volkswagen announces selling $6,500 car ‘within two years’

Europe’s biggest carmaker, Volkswagen, said on Thursday it was considering selling “budget cars” for as little as 5,000 euros ($6,500) in emerging markets “within two years”. “We need a cheap car for the emerging markets … that would cost between 5,000 and 10,000 euros,” the head of the works council…

Volkswagen net profit surges 36% on strong sales

Volkswagen, Europe’s biggest car maker, said Thursday that bottom-line profits in the first half of the year soared by more than a third, leading it to confirm its upbeat forecast for 2012. The group, which manufactures 10 makes of vehicles, reported a 36-percent rise in net profit to 8.83 billion…