Volkswagen

Audi sales rise 10% in July, boosted by A3 demand

Aug. 7, 2014 13:17 CET
Audi's vehicle sales rose 10 percent to 144,000 in July, helped by strong demand for the A3 model range.... Read More »

 

CHRISTIAAN HETZNER

Audi's war chest could buy Fiat Chrysler

12:01 am U.S. ET | Aug. 7, 2014
If there is one thing that Audi's first-half results prove, it's that VW Group's premium brand earns so much cash it could easily swallow Fiat-Chrysler whole... Read More »

 

Bentley names VW China exec as CFO

Aug. 6, 2014 06:01 CET
Bentley has appointed Joerg Mull, executive vice president of finance at Volkswagen Group in China, as its new finance chief.... Read More »

 

China says it will punish Audi, Chrysler for monopoly behavior

Aug. 6, 2014 09:15 CET
China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for anti-trust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Porsche's rapid growth brings risks

Aug. 4, 2014 06:01 CET
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

VW touts new MQB architecture on Golf hatchback

11:46 am U.S. ET | Aug. 4, 2014
Volkswagen, hoping to boost sales of the new Golf hatchback in the United States, today touted the vehicle's MQB architecture.... Read More »

 

VW bids adios to Eos

12:01 am U.S. ET | Aug. 4, 2014
Volkswagen will kill the Eos convertible after the end of its production run in May, reports from headquarters and suppliers indicate.... Read More »

 

New VW Credit chief wants to expand floorplan footprint

12:01 am U.S. ET | Aug. 4, 2014
The new CEO of Volkswagen and Audi's finance arm wants to get more of each brand's dealers on its books.... Read More »

 

Mercedes' rivals develop self-driving features, too

12:01 am U.S. ET | Aug. 4, 2014
The luxury competition has a number of advanced self-driving features, but they aren't as integrated as what's offered by Mercedes-Benz.... Read More »

 

VW production chief Macht quits amid manufacturing troubles

Aug. 1, 2014 15:19 CET
VW production chief Michael Macht has left the automaker amid claims that CEO Martin Winterkorn is unhappy with the rollout of the automaker's new MQB vehicle architecture. He is the second top executive to leave VW within a week.... Read More »

 

VW may raise stake in FAW Chinese joint venture

Aug. 1, 2014 12:15 CET
VW's CFO Hans Dieter Poetsch said the automaker's only likely acquisition is a possible increase of its stake in its FAW Chinese joint venture and not a takeover of Fiat or truckmaker Paccar.... Read More »

 

Audi's profits rise as sales growth offsets costs

Aug. 1, 2014 11:56 CET
Audi reported higher second-quarter operating profit, as gains from record vehicle sales outweighed the impact of spending on technology and foreign expansion.... Read More »

 

VW profit falls, raising pressure to cut costs

July 31, 2014 11:38 CET
Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings.... Read More »

 

Audi said to plan efficiency push to lower costs

July 30, 2014 20:45 CET
Audi CEO Rupert Stadler plans steps to boost efficiency and lower costs on all operating levels, a source said, as the luxury carmaker struggles to raise output and profit margins.... Read More »

 

Audi CEO vows efficiency drive to enhance margins, report says

2:45 pm U.S. ET | July 30, 2014
Audi plans steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins.... Read More »

 

VW closes gap on Toyota's global lead

July 30, 2014 08:02 CET
Volkswagen is closing in on Toyota as the global leader in vehicle sales, with a rapid expansion drive in China while Toyota curbs growth to focus on shoring up quality.... Read More »

 

2014 PARIS AUTO SHOW

Skoda bets on sporty design to boost Fabia sales

July 29, 2014 06:01 CET
Skoda has given its Fabia subcompact a more dynamic, sharper and sportier design. The latest-generation Fabia will debut at the Paris auto show in October.... Read More »

 

GUIDO REINKING

Fiat would find a safe haven in VW

4:59 am U.S. ET | July 29, 2014
Reports that VW may buy Fiat-Chrysler sound improbable, but the idea has appeal. It would allow VW to overcome its weakness in North America and offer Fiat Chrysler a safe haven.... Read More »

 

VW suffers production woes adjusting to MQB platform, report says

July 29, 2014 16:38 CET
Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said.... Read More »

 

SHAREHOLDER VALUE

Lithia's big DCH deal was a boon for shareholders

12:01 am U.S. ET | July 28, 2014
Lithia Motors' big acquisition last month fueled a strong second quarter for the publicly traded retailer in terms of shareholder value return.... Read More »

 

VW plans Apple-like model updates

12:01 am U.S. ET | July 28, 2014
Volkswagen AG plans to mimic the fast-paced rollouts of products made by the likes of Apple Inc. to adapt quicker to changing customer demands for technology in its vehicles.... Read More »

 

Audi cuts spare-part prices in China amid anti-monopoly probe

9:58 am U.S. ET | July 27, 2014
Volkswagen AG's luxury Audi brand plans to cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry.... Read More »

 

Jaguar Land Rover taps ex-military to combat skills shortage

12:01 am U.S. ET | July 27, 2014
Jaguar Land Rover has created a training course to attract former military personnel amid a shortage of skilled workers in Britain. Ford and Bentley are also competing for talent with trainee programs as the U.K.'s expanding auto industry devises new ways to draw workers to manufacturing.... Read More »

 

Volkswagen marketing chief quits

July 25, 2014 22:20 CET
Volkswagen's global marketing head, Simon Thomas, will leave the post after about a year in the job. Thomas, a former top Nissan Europe executive, said he is leaving VW at his own request.... Read More »

 

VW may open planning center in Brazil to revive sales

July 25, 2014 10:07 CET
VW Group is mulling a planning center in Brazil. It would be part of the automaker's 3.6 billion euro ($4.85 billion) investment in new models, plants and technology for the country through 2018, sources said.... Read More »

 

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