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Volkswagen chief executive Martin Winterkorn said Europe's largest auto maker sold 6 percent more cars and transporters in June than in the same month a year earlier.In the first six months of 2009 ...
Porsche's squabbling owners are set to discuss an investment by Qatar in the next two weeks, a milestone which could change the dynamics of a Porsche/Volkswagen merger, people close to the talks ...
Volkswagen AG, Europe's largest automaker, will spend $140 million in the next two years to build its first factory in Indonesia, where economic growth is helping boost demand. The automaker plans to ...
The head of Japan's Suzuki Motor Corp said he has had no contact with Volkswagen AG, shooting down a report last week that the German auto giant was considering a 10 percent stake in Suzuki, a ...
Porsche rebuffed Volkswagen's proposed purchase of 49 percent of the sports car maker as part of a merger, saying a sale of the unit would incur a financial penalty that rendered the deal ...
Volkswagen said it had not presented Porsche with an ultimatum to accept its layout for a merger of the two carmakers, denying a media report and accusations from Porsche."There is no ultimatum," a ...
Porsche SE supervisory board Chairman Wolfgang Porsche balked at an ultimatum from Volkswagen AG and the state of Lower Saxony to agree on a blueprint for the merger of the two carmakers. A June 29 ...
While Porsche has problems consummating the Volkswagen takeover, Volkswagen covets a smaller, but possibly juicy target: Suzuki. The German Manager Magazine has it on good authority that VW wants to ...
Sales of FAW Volkswagen Automobile Co in May 2009 (by model): Source: CPCA
Sales of Shanghai Volkswagen Automobile Co in May 2009 (by model):Source: CPCA
In spite of weak global auto markets, Volkswagen has posted a 1.5% rise in sales in May 2009. The total sales volume for the month reached 556,700. The rise is mainly because of the company's ...
Volkswagen AG, Europe's largest automaker, said "very weak" global car markets aren't yet recovering, even as the company's sales rose in May for the first time in eight months thanks to government ...
Volkswagen has named Kevin Rose to take charge of sales activities at FAW-Volkswagen in China, effective July 1, 2009. Mr Rose most recently held responsibility for Volkswagen brand sales in North ...
Volkswagen AG's Audi division may need at least one more year to reach a goal of delivering 1.5 million cars as customers withhold purchases of luxury vehicles, according to the unit's sales ...
It has been commented widely (and it doesn’t take a tall IQ to do so) that Magna might get problems with its parts customers (a.k.a. OEMs) when Magna starts competing with them through Opel. ...
Shanghai, June 4 (Gasgoo.com) Shanghai Volkswagen Co, a passenger-vehicle joint venture between SAIC and Volkswagen, said on Wednesday that it sold 59,754 vehicles in May, up 57 percent from a year ...
Volkswagen AG said Wednesday Canadian auto parts supplier Magna International Inc. will face conflicts of interest following the planned takeover of General Motors Corp.'s (GM) Adam Opel GmbH unit. ...
Porsche Automobil Holding SE Monday reiterated its goal of creating an integrated automotive company with Volkswagen AG. In reaction to a resolution by Volkswagen's European workers' council calling ...
Shanghai, May 26 (Gasgoo.com) FAW VW has made it clear that the joint venture has no plan to stop the production of its hot-selling Jetta model in the new facility under construction in Chengdu, ...
Who’s ever been on the inside of Volkswagen knows that they are devout skeptics when it comes to alternative energies. Sure, they do some token research into hydrogen and hybrids to give the ...
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