Volkswagen

VW will invest 4.2 billion euros in Spanish factories

May 15, 2015 11:02 CET

VW Group will invest 4.2 billion euros ($4.8 billion) to upgrade its vehicle assembly plants in Martorell and Pamplona, Spain, in preparation for the assignment of new models.... Read More »

Nvidia plans leap from Audi navigation systems to self-driving cars

May 15, 2015 11:52 CET

Nvidia had a thriving business in supplying powerful graphics processors for video game consoles and laptop computers when VW Group asked it to adapt the same three-dimensional displays for the dashboards of Audi vehicles. Now the chipmaker has its eye on self-driving cars.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi's move to e-charger will boost Valeo, Honeywell, other turbo makers

May 15, 2015 06:01 CET

Audi will be the first automaker to use electrically boosted turbocharging in a mass-production model. The trend toward electrifying turbos is expected to benefit suppliers Valeo, Honeywell and BorgWarner.... Read More »

BMW is one big, happy family as squabbles damage rival Volkswagen

May 14, 2015 11:17 CET

The normally secretive Quandt family, which controls a majority stake in BMW, praised the company's seamless appointment of CEO Harald Krueger as rival VW Group inspects the damage from a bitter leadership crisis.... Read More »

VW brand sales fall 4.8% in April on weak China, Russia and Brazil

May 13, 2015 18:55 CET

Volkswagen brand vehicle sales fell 4.8 percent in April as lower volumes in China, Russia and South America continue to outweigh gains in Europe.... Read More »

CHRISTIAAN HETZNER

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies.... Read More »

Piech avoids family showdown over VW

May 13, 2015 11:41 CET

Ferdinand Piech avoided a showdown with his cousin, Wolfgang Porsche, by not attending today's annual shareholders meeting of his family's holding company that controls a majority stake in Volkswagen Group.... Read More »

Porsche SE plans car-connectivity investments

May 13, 2015 16:22 CET

Porsche SE, the controlling shareholder of Volkswagen Group, plans to use its cash to invest in car-connectivity technology as part of a push to expand its portfolio beyond the automaker.... Read More »

Christiaan Hetzner

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies.... Read More »

Audi edges ahead of BMW to lead luxury-car sales race

May 12, 2015 11:12 CET

Audi sold the most luxury cars globally in April, edging out BMW Group's namesake brand and fast-growing Mercedes. BMW kept its No. 1 ranking through the first four months.... Read More »

Volkswagen to break up MAN, report says

May 12, 2015 12:45 CET

Volkswagen will break up MAN and transfer its truck and bus businesses, as well as MAN Latin America, into VW's new Truck & Bus Holding, a German daily reported.... Read More »

Formula One is an option for Audi, CEO says

May 12, 2015 11:46 CET

Formula One racing remains an option for Audi, the carmaker's CEO Rupert Stadler was quoted as saying amid speculation about a partnership with former world champions Red Bull.... Read More »

Audi A1 production will move to Seat plant in Spain from Belgium, reports say

May 11, 2015 13:54 CET

VW Group may build the Audi A1 entry premium car at Seat's factory in Spain instead of in Belgium as part of a production reshuffle, media reports said.... Read More »

Google, Delphi disclose crashes in self-driving cars

7:17 pm U.S. ET | May 11, 2015

Four experimental self-driving cars have had fender-benders on California roads since September, when the state first required companies such as Google to hold permits for testing on public roads, according to a new report.... Read More »

Winterkorn vows to revamp VW

12:01 am U.S. ET | May 11, 2015

Volkswagen CEO Martin Winterkorn, who last month survived an attempted ouster by his boss, told 5,000 VW managers that he plans to restructure the giant German automaker.... Read More »

German carmakers may need help to bid for Nokia's high-tech maps

May 10, 2015 14:10 CET

German automakers may need help to buy Nokia's mapping unit as a rival bid from Uber signals interest from Silicon Valley players. High-definition mapping has emerged as a key feature for autonomous driving and connected car services.... Read More »

VW CEO Winterkorn to present new structure for automaker by October

May 8, 2015 15:23 CET

VW CEO Martin Winterkorn has told senior staff that he will present a new structure for the automaker by October at the latest.... Read More »

Audi sales rise 2.5% in April on U.S. demand

May 8, 2015 12:20 CET

Audi said vehicle sales rose 2.5 percent in April as robust volume in the U.S. offset slowing sales in Europe and China. Four-month deliveries were up 5.2 percent to 591,050 cars.... Read More »

Uber joins German automakers in seeking to buy Nokia's mapping service

May 8, 2015 10:29 CET

Uber Technologies has submitted a bid for HERE, Nokia's maps business, for as much as $3 billion, a report said. The offer is competing with a bid by a group of German automakers, including BMW, Audi and Mercedes, which are teaming up with Chinese Internet search engine giant Baidu on a deal.... Read More »

UAW pushes to form works council at VW Chattanooga plant

2:46 pm U.S. ET | May 7, 2015

UAW Secretary-Treasurer Gary Casteel said today that the union is advancing its plan to become not only the works council partner at Volkswagen of America's Chattanooga assembly plant but the plant's collective-bargaining agent as well.... Read More »

NEWS ANALYSIS

Self-driving cars are a lot closer than you think

6:42 am U.S. ET | May 7, 2015

Each year, bit by bit, cars will become more fully autonomous as the industry bakes “driver-assist” technology into packages of safety options. Gadgetry that five years ago seemed like science fiction is quietly becoming commonplace in a range of models, from luxury Audis to middle-market Subarus.... Read More »

CHRISTIAAN HETZNER

BLOG: Why VW tops rivals Toyota and GM in workforce size

12:01 am U.S. ET | May 7, 2015

VW Group has more global employees than Toyota and GM combined. The surplus of workers is unlikely to change anytime soon because of the powerful role unions play at the automaker.... Read More »

VW's Renschler to replace Piech as MAN chairman

May 6, 2015 11:26 CET

Andreas Renschler, the board member in charge of commercial vehicles at Volkswagen Group, will replace Ferdinand Piech as chairman of truck maker MAN. Piech resigned from all his supervisory board posts on April 25 after losing a showdown with VW CEO Martin Winterkorn.... Read More »

Chinese automakers Dongfeng, FAW halt trading on merger reports

May 5, 2015 08:09 CET

Chinese automakers Dongfeng Motor, which has a 14 percent stake in PSA, and FAW Group, a joint venture partner of VW, today halted trading in shares of their listed subsidiaries, with Dongfeng saying it checked into reports that the two companies would merge.... Read More »

Lamborghini may get tax breaks to build SUV in Italy

May 5, 2015 12:06 CET

Lamborghini is being offered incentives by Italy's government to make sure the automaker builds a production version of its Urus SUV concept in the country, sources said. Lamborghini sees the potential to sell 3,000 units a year of the Urus, more than doubling the brand's global volume.... Read More »

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