Volkswagen pledged it would not turn its back on indebted ally Porsche SE, even as it warned that there were sizeable obstacles to a merger deal. In the meantime, Volkswagen quashed speculation that it could expand its motorsport activities to include NASCAR and Formula One. There has been speculation for months over whether VW would enter NASCAR with a factory team to bolster its appeal in the US market.

As a brand, Volkswagen is most present in motorsport through its participation in the annual Dakar rally now held in South America, where VW's factory driver Nasser Al-Attiyah of Qatar won this year with his Racing Touareg. – Photos by Reuters

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Comments (2)

March 15, 2011 9:13 am
Such cars that are at the forefront in fuel economy must also be marketted in countries like Pakistan. with overwhelming population of youth in the country sales of models like Golf are most surely going to be a big hit.
March 21, 2011 7:59 pm
How about the cost of the car including all taxes? TOYOTA vitz is by far cheaper than VW
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