Volkswagen

VW C Coupe GTE will become green flagship in China

April 25, 2015 06:15 CET

VW plans to launch a production version of the C Coupe GTE plug-in hybrid concept in China, where it will be the flagship of the automaker's low-emissions lineup.... Read More »

JLR sees Mexico as 'strong' option for N.A. assembly plant

5:04 pm U.S. ET | April 24, 2015

Jaguar Land Rover is considering building a plant in Mexico, following other luxury car makers lured by cheap labor and free trade agreements.... Read More »

VW leadership crisis escalates as board members criticize Piech

April 24, 2015 15:39 CET

VW's leadership crisis is refusing to go away, a week after its warring chairman and CEO officially put aside their differences, sources told Reuters. Chairman Ferdinand Piech, who was forced to back CEO Martin Winterkorn April 17, asked Porsche CEO Matthias Mueller this week to be ready to replace Winterkorn, Der Spiegel reported Friday.... Read More »

VW, BMW are top brands among Chinese auto buyers, survey says

April 24, 2015 14:30 CET

Volkswagen is the top pick for Chinese consumers considering buying a vehicle followed by BMW and Buick, according to a survey on auto-purchase sentiment conducted by a research unit of Deutsche Borse.... Read More »

Audi prepares electric SUV to fight Tesla

April 24, 2015 06:01 CET

Audi is set to launch a full-electric SUV with a 500km (310 mile) range that will challenge Tesla's Model X crossover, but CEO Rupert Stadler remains cautious about EVs. Plug-in hybrids will be the preferred choice for customers looking for a vehicle with some form of electrification for the next 10 to 15 years, he said.... Read More »

Skoda, unions agree on 3.5% wage hike

April 24, 2015 13:10 CET

Skoda has reached an agreement with workers on a 3.5 percent wage hike, the carmaker's main union group said. Unions threatened to strike last week after seeking a higher deal than the 3 percent offered by the automaker.... Read More »

Piech denies reports saying he wants to oust Winterkorn

April 23, 2015 13:07 CET

Volkswagen Chairman Ferdinand Piech denied reports that he is seeking to oust CEO Martin Winterkorn, a German newspaper reported, quoting Piech. Separate German media reports had said that Piech aims to push out Winterkorn ahead of the carmaker's May 5 annual shareholder meeting.... Read More »

Toyota keeps global sales lead over VW on U.S. demand

April 23, 2015 11:37 CET

Toyota beat Volkswagen and General Motors to remain the world's top-selling automaker during the last quarter despite declining deliveries. Demand for SUVs has helped to boost Toyota's market-share gains in the U.S. during the quarter as Volkswagen continued to struggle in the market.... Read More »

VW eyes budget car tie-up with Great Wall, report says

April 22, 2015 17:41 CET

Volkswagen is considering cooperating with China's Great Wall on a new budget model, a German business magazine reported. VW has discussed taking a stake in Great Wall, the report said.... Read More »

Audi sees compact cars driving sales in China

April 22, 2015 11:52 CET

Audi sees compact cars increasingly becoming the main driver of sales in China as the country's booming middle class looks for more affordable luxury.... Read More »

Volkswagen C Coupe GTE concept lands in Shanghai

11:00 am U.S. ET | April 21, 2015

Volkswagen, continuing a march upmarket, unveiled the C Coupe GTE concept this week at the Shanghai auto show. Meant to be positioned between the Passat and the Phaeton if it goes into production, the C Coupe GTE concept is powered by a four-cylinder turbocharged and direct-injection TSI gasoline engine connected to an eight-speed automatic gearbox, with an electric motor integrated in the transmission housing providing extra power; electricity is stored in a 14.1 kWh lithium ion battery.... Read More »

Piech is Germany's best paid chairman, survey says

April 21, 2015 12:56 CET

VW Group Chairman Ferdinand Piech is Germany's best paid supervisory board chief, a survey showed. Piech's compensation rose last year to 1.47 million euros ($1.57 million), reflecting VW's record 2014 profit and deliveries.... Read More »

Small-car production migrates to Mexico

12:01 am U.S. ET | April 20, 2015

Toyota's plan to build the Corolla at a new plant in Guanajuato is the latest sign that Mexico is becoming a giant in small cars. Amid a surge of automaking capacity, the nation is making its biggest impact on the production of compacts and subcompacts -- cars with narrow profit margins and wide appeal outside North America.... Read More »

VW says it could cut battery costs with single design

12:01 am U.S. ET | April 20, 2015

Volkswagen's r&d boss says using a single type of lithium ion battery cell for all VW, Porsche, Audi and other group electrified vehicles could lead to a two-third reduction in what the automaker currently spends on the technology.... Read More »

RICHARD JOHNSON

Piech's career battles will be his legacy

12:01 am U.S. ET | April 20, 2015

Ferdinand Piech started out his career with a pretty serious rivalry -- tangling with cousin Ferdinand "Butzi" Porsche, designer of the 911. Now it appears he'll bow out in more or less the same fashion. At war. It's just his style. In fact, it will be his legacy.... Read More »

RICHARD JOHNSON

BLOG: Piech's career battles will be his legacy

12:01 am U.S. ET | April 20, 2015

Ferdinand Piech started out his career with a pretty serious rivalry -- tangling with cousin Ferdinand "Butzi" Porsche, designer of the 911. Now it appears he'll bow out in more or less the same fashion. At war. It's just his style. In fact, it will be his legacy.... Read More »

U.S. at the center of VW's crisis in Germany

12:01 am U.S. ET | April 20, 2015

The turmoil that nearly cost Volkswagen Group CEO Martin Winterkorn his job last week is rooted in the company's travails in the U.S., where the VW brand has made precious little progress since Winterkorn took charge eight years ago.... Read More »

VW to build awd vehicles in Puebla

12:01 am U.S. ET | April 20, 2015

Volkswagen will outfit its Puebla, Mexico, plant to build all-wheel-drive vehicles, according to a company source.... Read More »

At Lexus, the chief still defends that spindle grille

12:01 am U.S. ET | April 19, 2015

While some rivals and design experts deride Lexus' jagged-edged, trapezoidal grille, Toyota's design chief stands by the drastic makeover, saying it gives Lexus a unique edge over BMW, Audi and Mercedes-Benz, particularly in competitive markets such as China, where buyers will pay more for a car that stands out from the crowd.... Read More »

Piech's grip on VW weakened by row with CEO

April 19, 2015 18:12 CET

Volkswagen Chairman Ferdinand Piech's iron grip on the automaker has been severely weakened after a confrontation with senior board members over the future of CEO Martin Winterkorn. The dispute could cost Piech his job as key power players at the automaker move to oust him, a German newspaper reported.... Read More »

2015 SHANGHAI AUTO SHOW

Audi aims Q7, A6L plug-in hybrids at Chinese buyers

April 18, 2015 06:01 CET

Audi will aim plug-in hybrid versions of the Q7 SUV and long-wheelbase A6 at Chinese customers as the company seeks to maintain its sales lead over rivals BMW and Mercedes in the world's largest vehicle market.... Read More »

VW board members came close to demanding Piech's resignation, paper says

April 18, 2015 22:33 CET

Senior members of Volkswagen's supervisory board were prepared to demand Chairman Ferdinand Piech's resignation had he not agreed to a statement backing CEO Martin Winterkorn, a German newspaper reported. Piech had initially resisted pressure from other board members to back Winterkorn during an emergency meeting.... Read More »

Volkswagen CEO Winterkorn to stay in defeat for Piech

April 17, 2015 11:59 CET

Volkswagen Group CEO Martin Winterkorn won the "full support" of the automaker's top-level committee to continue serving as chief executive in a defeat for Ferdinand Piech, the automaker's powerful chairman and patriarch of its founding family.... Read More »

VW's top board group backs Winterkorn as 'best possible' CEO

6:39 am U.S. ET | April 17, 2015

Volkswagen AG's supervisory board leadership panel backed CEO Martin Winterkorn, defusing a power struggle with Chairman Ferdinand Piech in saying Winterkorn is the "best possible" chief executive for the German automaker.... Read More »

VW Group sales rise 2% on Europe, China demand

April 17, 2015 12:25 CET

VW said group sales rose 2.3 percent in March to 968,300 vehicles, as gains in Western Europe and China helped offset declines in the U.S. and South America. The result extended first-quarter deliveries to a total of 2.49 million vehicles, a rise of 1.8 percent.... Read More »

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