Volkswagen

Next-generation Audi R8 will star in new 'Avengers' film

12:28 pm U.S. ET | April 1, 2015

Audi connoisseur Tony Stark will stay loyal to the brand in the upcoming superhero movie Avengers: Age of Ultron.... Read More »

Did Lincoln Continental rip off Bentley? Design chiefs clash online

4:30 pm U.S. ET | March 31, 2015

A row between Bentley and Lincoln's design chiefs erupted late Monday after Ford showed the 2016 Lincoln Continental Concept ahead of the New York auto show. Bentley's chief designer, Luc Donckerwolke, took to social media to criticize Lincoln for the design of the new Continental, which from the side view seems to share some similarities with the Bentley Flying Spur, especially around the side windows.... Read More »

Audi picks Delphi for technology bundling self-driving functions

10:44 am U.S. ET | March 31, 2015

Audi is developing a device the size of an iPad tablet that will pack all the computing power needed for a car to drive itself safely along streets and highways without crashing.... Read More »

Bang & Olufsen to sell car-audio unit to Harman

8:31 am U.S. ET | March 31, 2015

Bang & Olufsen A/S plans to sell its automotive sound-system business to Harman International Industries Inc., the US maker of JBL audio equipment, as the Danish company reorganizes to focus on consumer electronics.... Read More »

VW halts output for 3 weeks at Brazil plant, union says

March 30, 2015 19:14 CET

Volkswagen has halted production at its second-largest factory in Brazil for three weeks, a local union said, as a steep decline in demand forces carmakers to manage excess capacity. VW is one of many automakers working to cut costs in the country, where sales and output are down more than 20 percent in the first two months.... Read More »

Magna negotiating to sell interiors business to Grupo Antolin, report says

12:25 pm U.S. ET | March 30, 2015

Canada's Magna International is in talks to sell its car-interior business to Spain's Grupo Antolin, people familiar with the matter told Bloomberg.... Read More »

LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?... Read More »

Porsche’s Mueller: ‘Not too old’ for CEO job

12:01 am U.S. ET | March 30, 2015

Open campaigning for CEO jobs at automakers rarely occurs, but Porsche CEO Matthias Mueller says he’s young and fit enough to be a candidate to succeed Martin Winterkorn as head of Volkswagen Group.... Read More »

LUCA CIFERRI

While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner.... Read More »

Delphi's driverless cross-country adventure

12:01 am U.S. ET | March 30, 2015

In 1903, a 31-year-old physician named Horatio Nelson Jackson journeyed from San Francisco to New York in a Winton touring car, the first motor car to traverse the U.S.... Read More »

Winterkorn: Complacency cost VW in U.S.

12:01 am U.S. ET | March 30, 2015

Speaking to a German car magazine, VW Group CEO Martin Winterkorn acknowledged his team became complacent after the initial success of VW's Chattanooga-built Passat.... Read More »

German court dismisses hedge funds' suit against Porsche holding company

March 26, 2015 16:21 CET

A German court has dismissed claims brought against Porsche SE by hedge funds seeking $1.3 billion in damages over its botched attempt to take over Volkswagen in 2008.... Read More »

Automakers in race to double range of affordable EVs

1:52 pm U.S. ET | March 25, 2015

Automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers will jump-start demand and pull them abreast of Tesla.... Read More »

Mercedes GLC crossover sheds GLK box

11:30 am U.S. ET | March 24, 2015

The Mercedes-Benz GLK crossover becomes roomier and sheds its old-fashioned square shape for a more modern design when it becomes the GLC this fall. It will have a longer wheelbase and wider track, giving it more interior room and making it more competitive with the BMW X3 and Audi Q5.... Read More »

Volkswagen will cut production, jobs at Russian plant

March 23, 2015 11:55 CET

Volkswagen said it will reduce shifts and lay off at least 150 workers at its car plant in Kaluga, Russia, as demand shrinks. The company builds Audi, VW and Skoda cars in Kaluga.... Read More »

PUT ON A BOLD FACE

VW turns up design so crossovers will hit right note in U.S.

12:01 am U.S. ET | March 23, 2015

The next crop of Volkswagens coming to the United States will convey a more aggressive design message. The strategy stems from a rethinking that is forcing VW to venture beyond the conservative styling that has worked so well in Europe and China.... Read More »

CHRISTIAAN HETZNER

BLOG: Porsche boss Mueller, 62, says he's young enough to be VW Group CEO

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

Porsche CEO Matthias Mueller says he's young and fit enough to succeed Martin Winterkorn as head of the VW Group. Winterkorn's successor is perhaps the biggest question mark surrounding the midterm future of the multibrand automaker.... Read More »

Audi has no plans for rival to BMW's minivans

March 20, 2015 06:01 CET

Audi development boss Ulrich Hackenberg says the automaker does not need minivans to reach its target of 2 million annual sales -- in contrast to BMW, which has launched two compact minivans to help attract family buyers.... Read More »

VW hit by second Chinese TV expose in a week, this time over engine leaks

7:42 am U.S. ET | March 18, 2015

China's main state-owned television network struck out against Volkswagen AG in its second expose targeting the company this week, alleging this time that it overlooked dangerous engine leaks in its Chinese cars.... Read More »

VW finance arm eyes record profit in 2015, CEO says

March 18, 2015 12:34 CET

Volkswagen's finance division is targeting 2015 operating profit that will not be below last year's record result of 1.7 billion euros ($1.80 billion), its CEO Frank Witter said.... Read More »

Porsche SE faces payment of 428 million euros in tax arrears

March 18, 2015 12:10 CET

Porsche SE is facing the payment of 428 million euros ($454 million) in tax arrears this year dating back to the period when the company tried to take over Volkswagen. The payment may shrink Porsche SE's net liquidity and cap dividend payouts, finance chief Hans Dieter Poetsch said.... Read More »

VW Chairman Piech, Porsche family on witness list in hedge-fund lawsuit

March 18, 2015 11:35 CET

VW Group Chairman Ferdinand Piech and Porsche SE Chairman Wolfgang Porsche are among 21 people who will be asked to testify by a German court in a 1.8 billion euro lawsuit filed by two U.S. hedge funds.... Read More »

China's FAW chairman faces gov't graft probe

March 17, 2015 13:18 CET

Xu Jianyi, the chairman of China's FAW Group, which makes cars with Volkswagen and Toyota, is being investigated by the Communist Party anti-graft watchdog.... Read More »

Skoda CEO Vahland urges Czech euro adoption when Greek crisis ebbs

March 16, 2015 21:17 CET

The Czech Republic will benefit from adopting the euro and should join the monetary union after the Greek debt crisis calms down, Skoda CEO Winfried Vahland said. Skoda is the country's largest industrial company and the country's main exporter.... Read More »

OUT OF THEIR LEAGUE

'Tier 2' luxury brands struggle to compete with elite Germans, Lexus

12:01 am U.S. ET | March 16, 2015

Lincoln, Acura, Cadillac and Infiniti are struggling to make inroads against Lexus and a trio of German powerhouses – BMW, Mercedes and an ascending Audi. An enviable combination of global reach, strong residual values and rock-solid brand images is creating a world of U.S. luxury haves and have-nots.... Read More »

 
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