VW to shift focus to profits over volume, Mueller says

5:15 am U.S. ET | Oct. 29, 2015

The Volkswagen Group is working on a new business plan -- dubbed Strategy 2025 -- that will focus on improving the automaker's profitably rather than on volume growth, CEO Matthias Mueller said Wednesday. Top goals under the plan include reducing models and decentralizing group management with more independence for brands and regions.... Read More »

Audi will keep hiring despite parent VW's emissions cheating scandal

Oct. 26, 2015 16:53 CET

Audi says it plans to keep hiring and affirmed a jobs guarantee through 2018, even as parent Volkswagen Group is rocked by a scandal over rigged emissions tests.... Read More »


BLOG: Audi, Pagani team with UK-firm on next-level car configurator

12:01 am U.S. ET | Oct. 25, 2015

Less than two years ago ZeroLight didn't exist. Today the UK-based 3-D visualization expert is working with Audi and Pagani on a cutting-edge solution for configuring cars that is supposed to help boost margins.... Read More »


BLOG: Lexus brings knife to horsepower gunfight

11:45 am U.S. ET | Oct. 20, 2015

Looking to avoid a bare-knuckle horsepower brawl with its storied rivals, Lexus is positioning the first-ever GS F as the friendly performance sedan.... Read More »

Audi will invest 104 million euros in Hungary plant, report says

Oct. 19, 2015 12:16 CET

Audi will invest 104 million euros in its factory in Hungary, Foreign Minister Peter Szijjarto told the country's national news agency. The investment will boost jobs at the plant, which builds the A3 and the TT.... Read More »

Winterkorn steps down as CEO of Porsche Holding, VW's biggest shareholder

1:19 pm U.S. ET | Oct. 17, 2015

Volkswagen AG's former CEO, Martin Winterkorn, will step down from his post running Porsche Automobil Holding, VW's biggest shareholder, succumbing to pressure to cut his ties amid an investigation into cheating on emissions tests. Talks are underway for Winterkorn to leave his remaining posts as chairman of VW's publicly traded Audi brand and the VW group's truck holding company, Bloomberg reported Saturday.... Read More »

Audi will build Q6 e-tron SUV in Belgium, paper says

Oct. 14, 2015 11:24 CET

Audi will build the Q6 electric SUV, the brand's rival to the Tesla Model X, at its factory in Belgium, a report said. The Q6 is Audi's first electric model designed for series production.... Read More »

Audi CEO Stadler remains bullish on China

Oct. 14, 2015 06:01 CET

Audi CEO Rupert Stadler says China's car sales slowdown is temporary and believes that volumes will start increasing again soon. “We think after period of consolidation we will see permanent growth in China,” he said. “I'm more optimistic than others.”... Read More »

China auto sales expand at slowest pace in 3 years

7:13 am U.S. ET | Oct. 13, 2015

Light-vehicle sales in China expanded at the slowest pace since 2012 so far this year, underlining the slump in demand that prompted the government to cut a tax on car purchases to revive demand in the world's biggest auto market.... Read More »

Mercedes' monthly global sales top BMW, Audi again

7:18 am U.S. ET | Oct. 12, 2015

Mercedes-Benz was the world's best-selling luxury car brand for the third consecutive month in September, surpassing BMW and Audi as demand for coupelike SUVs helped its sales grow twice as fast as at either competitor.... Read More »

VW-brand days supply rises in Sept.

12:01 am U.S. ET | Oct. 12, 2015

The supply of unsold vehicles started to swell at U.S. Volkswagen dealerships after the mid-September stop-sale order on diesel cars.... Read More »


A mortifying end to Audi engineering guru's distinguished career?

12:01 am U.S. ET | Oct. 10, 2015

The scandal surrounding Volkswagen's fraudulent diesels threatens to end the career of one of Germany's auto engineering titans -- Audi product development boss Ulrich Hackenberg.... Read More »


Volkswagen guarantees 4.2 billion euro investment in Spain, minister says

Oct. 9, 2015 13:28 CET

Volkswagen has guaranteed a 4.2 billion euro ($4.8 billion) investment in its Seat brand and VW plants in Spain despite saying the company faced "painful cutbacks" to meet the cost of its emissions-cheating scandal.... Read More »


BLOG: So long side mirrors, hello cameras

12:01 am U.S. ET | Oct. 8, 2015

Audi and Mercedes-Benz are among the automakers that believe they will be able persuade legislators in key global markets that side mirrors need to be replaced by cameras to make future models more aerodynamic and fuel efficient.... Read More »

Audi picks ex-China boss to replace de Meo as sales chief

Oct. 8, 2015 11:42 CET

Audi has picked its former China boss, Dietmar Voggenreiter, as its new sales and marketing chief to succeed Luca de Meo. During Voggenreiter's nearly nine years of leadership, Audi's China sales grew sevenfold to 579,000.... Read More »

Audi's global sales rise 7% despite diesel-emissions scandal

Oct. 8, 2015 14:44 CET

Audi's global sales rose nearly 7 percent last month despite the brand being caught up in a diesel emissions-rigging scandal that has rocked its parent, Volkswagen Group.... Read More »

VW to recall Europe diesels starting in January; U.S. sales to continue for now

6:03 pm U.S. ET | Oct. 6, 2015

Volkswagen's CEO told a German newspaper that the company will launch a recall in Europe of cars with software designed to skirt diesel emissions tests starting in January and complete the fix by the end of next year.... Read More »

VW has no evidence against suspended top engineers, report says

1:41 pm U.S. ET | Oct. 5, 2015

VW has not found any evidence against three top engineers suspended as part of its internal investigation into the rigging of U.S. emissions tests, a source told Reuters today.... Read More »

VW plans special board meeting Wednesday to elect Poetsch chairman

5:08 pm U.S. ET | Oct. 4, 2015

VW's supervisory board plans a special meeting Wednesday to elect CFO Hans Dieter Poetsch to the role of chairman as the company's probe into emissions violations gains speed. Several VW engineers have confessed to using special software starting in 2008 to pass U.S. emissions tests and salvage a major engine program, German media reported.... Read More »

Scandal-plagued VW brand ekes out gain

12:45 pm U.S. ET | Oct. 1, 2015

Volkswagen of America finished a scandal-ridden month with roughly flat U.S. sales, defying forecasts that a mid-month halt to diesel vehicle sales and a black eye to its brand image would hammer its September results.... Read More »


BLOG: Audi, VW Group's crown jewel, is damaged by emissions scandal

4:42 am U.S. ET | Sept. 30, 2015

Audi has been caught up in VW Group's diesel emissions scandal. The consequences will be bad for a brand that touts its engineering prowess.... Read More »


Audi investigated by German prosecutors over emissions, report says

Sept. 30, 2015 08:14 CET

German prosecutors have launched a preliminary investigation into Audi over rigged emissions, a German newspaper reported. Audi has said 2.1 million of its cars were affected by parent VW Group's software cheat scandal.... Read More »

Audi details U.S. diesel models with 'defeat device' software

5:36 pm U.S. ET | Sept. 29, 2015

Audi of America has sold about 14,300 A3 compact cars powered by 2.0-liter turbodiesel engines with software implicated in Volkswagen AG's emissions scandal.... Read More »


BLOG: VW's travails aside, diesel fans remain loyal

11:45 am U.S. ET | Sept. 29, 2015

There is a lot of chatter about VW's emissions scam being the death knell for the diesel engine in the U.S. Why it won't happen.... Read More »


Volkswagen plans to refit diesel cars affected by emissions scandal

Sept. 29, 2015 11:00 CET

VW Group plans to recall up to 11 million vehicles equipped with manipulated software that was used to cheat U.S. diesel emissions tests. The recall is likely to affect five million VW brand cars.... Read More »

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