Gasgoo.com (Free subscription) | 8 hours ago
Porsche SE's 11.4 billion euros ($17.2 billion) of debt will be mostly eliminated after the sports-car maker completes its merger with Volkswagen AG, said Martin Winterkorn, chief executive officer of both companies.
Reuters (Free subscription) | yesterday
STUTTGART, Germany (Reuters) - Porsche SE is headed for a second consecutive annual loss in the billions of euros, as the hangover lingers from ex-Chief Executive Wendelin Wiedeking's failed takeover of Volkswagen AG .
Houston Chronicle (Free subscription) | yesterday
Porsche SE, the sports-car manufacturer being acquired by Volkswagen AG, said an increase in orders may signal a turnaround in 2010 even after sales continued to slide in the last quarter.
The Truth About Cars (Free subscription) | yesterday
European governments that are lured into propping up GM’s Opel should resist the urge, said former Continental AG Chief Executive Officer Manfred Wennemer to Bloomberg. Why? It will cost them twice. Aid for Opel will backfire by postponing closures of outdated factories and saddling rivals including Volkswagen AG and PSA Peugeot Citroen with uncompetitive costs, says [...]
Sports Car Unlimited (Free subscription) | yesterday
Some affectionately call it the "racing tractor", as it combines sporty dynamism with enormous torque of 390 Nm. Rudolf Diesel would have had fun with the 190 HP (140 kW) strong “off-spring” of his invention. He would certainly never have thought it possible that the diesel engine could reach 100 km/h in a 7.1 second sprint. A top speed of 230 km/h and plenty of steam in all seven...
People Daily (Free subscription) | yesterday
&$ &$Magotan, the flagship vehicle of FAW-Volkswagen.&$ &$ Sales of the Magotan, the flagship vehicle of FAW-Volkswagen - the joint venture between China's First Automotive Works and Germany's Volkswagen Group - reached 7,291 units in September, a surge of 16.2 percent over the month previous. It was another in a long string of milestones for the model, which has maintained steady growth...
The VW Livery (Free subscription) | yesterday
Volkswagen Group China announced its "South China Strategy" during the seventh China Guangzhou Automobile Exhibition.
People Daily (Free subscription) | yesterday
Volkswagen Group China, together with its two joint ventures Shanghai Volkswagen and FAW-Volkswagen are showcasing 27 models at the seventh China (Guangzhou) International Automobile Exhibition, which opened to media on Nov 23 at the China Import and Export Fair Complex. The company is now well on course to meet the aims of its South China Strategy, the most important part of its 2018 Strategy. As...
People Daily (Free subscription) | yesterday
Volkswagen Group China announced its "South China Strategy" during the seventh China Guangzhou Automobile Exhibition. With plans for a three-fold increase in sales to more than half a million units in south China by 2018, the auto giant has its sights set on doubling its nationwide sales to two million units over the next decade. &$ &$Chief executives of Volkswagen Group China and...
Autoblog (Free subscription) | 24/11/2009
Filed under: Motorsports , Volkswagen This year's Sprint Cup was awarded this past weekend at Homestead , where Jimmie Johnson scored his record fourth consecutive championship with a fifth-place finish behind race winner Denny Hamlin. (Oh yeah, "spoiler alert".) Anyway, on to the interesting part: the oval speedway had some unlikely German visitors for the series finale, leading the motorsport...
Gasgoo.com (Free subscription) | 24/11/2009
Volkswagen AG said Friday it will buy land, machinery and equipment from bankrupt German supplier Karmann GmbH.
Autoblog (Free subscription) | 23/11/2009
Audi A3 TDI - Click above for high-res image gallery As Audi begins to roll out the A3 TDI to its U.S. dealers in the coming weeks and the diesel version of the Q7 takes an ever larger share of sales, it's time to celebrate. This Fall marks the 20th anniversary of the introduction of the first ever TDI engine. TDI, for the uninitiated, stands for turbocharged-direct-injection , and refers to modern...
World Auto News & Reviews (Free subscription) | 23/11/2009
The Volkswagen Group’s Automotive Division will invest around €25.8 billion in the coming three years. Investments in property, plant and equipment will account for €19.9 billion, half of which will be invested in Germany alone. The Group’s home market thus remains the main focus of its capital spending. In addition to investments in property, plant [...] Copyright © 2007...
Autoblog (Free subscription) | 23/11/2009
Filed under: Europe , Plants/Manufacturing , Volkswagen Volkswagen AG has announced it will be establishing a new manufacturing unit in Osnabrueck, located in VW's home state of Lower Saxony, Germany. Interestingly enough, VW will be purchasing the land, equipment, and machinery formerly owned by Karmann -- the coachbuilder and convertible roof specialists who manufactured the classic Beetle-based...
Ria Novosti (Free subscription) | 23/11/2009
Volkswagen car assembly at the Volkswagen group plant line in Kaluga
The 2 latest articles published by users on Volkswagen Ag :
traimi | 24/09/2009
Instead of aiming for sales of 200,000 cars in China in 2015, Volkswagen AG’s premium unit Audi AG will target that number in 2013, according to Audi’s head of sales Peter Schwarzenbauer.
traimi | 23/09/2009
According to the latest reports, we found out that a version of the tiny Volkswagen E-Up! Concept is likely to be sold in the United States. “The reason we are working on an electric vehicle is the American market,” said Ulrich Hackenberg, board member in charge of product development at Volkswagen AG.
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