Volkswagen

GM's global sales rise 0.5% in 2nd quarter, trail VW

1:34 pm U.S. ET | July 16, 2014
GM's global auto sales rose 0.5 percent to 2.51 million during the second quarter as the automaker's tally of vehicle recalls in North America reached a record. GM sold 4.92 million cars and trucks during the first six months, a 1.4 percent gain from a year earlier.... Read More »

 

VW sets sights on Apple-like model updates with speed task force

1:04 pm U.S. ET | July 16, 2014
VW plans to mimic the fast-paced rollouts of products made by the likes of Apple to adapt quicker to changing customer demands for technology in its cars.... Read More »

 

Volkswagen plans $250 million investment in India

July 15, 2014 10:36 CET
Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi makes London showroom a technology showcase

July 15, 2014 06:01 CET
Audi's central London dealership has chosen a revolutionary new way for the automaker to sell not just cars but the brand itself by allowing customers to configure their vehicles on four huge powerwall screens.... Read More »

 

Audi to add shift at Hungary plant ahead of TT launch

July 15, 2014 11:28 CET
Audi will add a third shift at its car plant in Hungary in mid-August ahead of the launch of the new TT sports car.... Read More »

 

VW aims to save 5 billion euros to lift profitability

July 15, 2014 15:27 CET
VW Group plans to reduce costs at its namesake brand by 5 billion euros ($6.8 billion) by 2017 as it seeks to lift sagging profitability after efficiency gains have failed to keep pace with rising labor costs.... Read More »

 

VW targets $6.8 billion in annual cuts to close profit gap with rivals

11:18 am U.S. ET | July 15, 2014
Volkswagen AG plans to cut costs and boost productivity at the VW brand by $6.8 billion a year by 2017 to lift sagging profitability. Efficiency gains have failed to keep pace with rising labor costs, CEO Martin Winterkorn said in an internal presentation to company managers.... Read More »

 

BMW expects to meet global sales target of over 2 million vehicles

4:44 am U.S. ET | July 14, 2014
BMW expects to meet its target of selling more than 2 million vehicles globally this year, sales chief Ian Robertson said.... Read More »

 

A VULNERABLE GIANT

Volkswagen's soaring growth under Piech masks troubles

12:01 am U.S. ET | July 14, 2014
During his two-decade reign, Volkswagen Group Chairman Ferdinand Piech has created an automotive giant with broad geographic reach. But industry analysts say the No. 3 global automaker may be too vast and fractured to stay cohesive after Piech's departure.... Read More »

 

VW outsells GM in China to remain on track for repeat sales win

July 14, 2014 10:01 CET
VW outsold GM in China in the first half, keeping it on track to extend its reign as the best-selling foreign car company in the world's biggest vehicle market.... Read More »

 

BMW expects to meet global sales target of over 2 million vehicles

July 14, 2014 10:44 CET
BMW expects to meet its target of selling more than 2 million vehicles globally this year, sales chief Ian Robertson said.... Read More »

 

Volkswagen's consumer brands

12:01 am U.S. ET | July 14, 2014
With the purchase of Porsche in August 2012, Volkswagen AG added a 12th brand to its broad portfolio, which stretches from Ducati motorcycles to 40-ton trucks.... Read More »

 

Bentley Mulsanne could gain performance variant

12:01 am U.S. ET | July 14, 2014
A more powerful version of the Bentley Mulsanne will debut in October at the Paris auto show, according to British car magazine Auto Express.... Read More »

 

New Passat for Europe teases next American design

12:01 am U.S. ET | July 14, 2014
The redesigned 2015 Volkswagen Passat for Europe features restyled sheet metal that is expected to preview design touches on U.S.-bound models.... Read More »

 

Supply steady at 60 days

12:01 am U.S. ET | July 14, 2014
Automakers started July with a 60-day supply of unsold vehicles, the level traditionally considered an ideal balance — enough to meet demand but not high enough to require discounting.... Read More »

 

BMW's gamble on U.S. factory provides export windfall

July 13, 2014 06:01 CET
BMW's U.S. factory in South Carolina -- its first test of full-scale auto production outside of Germany -- has become a bona fide success. The plant is integral to the luxury brand's efforts to protect profit margins and remain ahead of rivals.... Read More »

 

BMW bet on S.C. plant pays off with export windfall

12:01 am U.S. ET | July 12, 2014
BMW's first test of full-scale auto production outside of Germany has become a bona fide success after initial hiccups. The factory in Spartanburg, S.C., -- already the nation's biggest light-vehicle exporter -- is integral to the luxury brand's efforts to protect profit margins and keep ahead of rivals Audi and Mercedes.... Read More »

 

VW Group sales rise 4% in June on Europe, China

July 11, 2014 10:53 CET
Volkswagen Group's global deliveries rose 4 percent in June as renewed demand in Europe and strong sales in China helped offset declines in the United States and South America.... Read More »

 

Skoda bets on new models to revive China sales

July 11, 2014 06:01 CET
Skoda is counting on new models and dealership face-lifts to boost China sales more than 10 percent by the end of the year. Skoda was one of only two mass-market foreign brands to see a decline in China deliveries last year.... Read More »

 

UAW creates union local for VW workers in Tennessee

8:32 am U.S. ET | July 10, 2014
The UAW formed a union local to represent workers at VW's assembly plant in Chattanooga, where it lost a bitter organizing vote earlier this year. Membership in Local 42 will be voluntary and the unit will not have power to bargain on behalf of all employees at the plant, UAW officials said today.... Read More »

 

GABE NELSON

How UAW can leverage minority support in Chattanooga and elsewhere

2:15 pm U.S. ET | July 10, 2014
Today's surprising news that the UAW will set up a union local for Chattanooga's Volkswagen AG factory -- despite losing the organizing vote there -- signals a new strategy under President Dennis Williams. Start with the devotees. Win over the doubters later.... Read More »

 

Infiniti boss de Nysschen leaving Nissan's luxury brand

9:30 pm U.S. ET | July 10, 2014
Johan de Nysschen, the former Audi executive lured away in 2012 by Nissan CEO Carlos Ghosn to jumpstart the Infiniti luxury brand, is leaving the Japanese carmaker. De Nysschen has been talking with GM about joining Cadillac, according to two people familiar with the discussions.... Read More »

 

Bugatti mulls hybrid follow-up to Veyron, report says

July 10, 2014 09:29 CET
Bugatti may build a hybrid successor to its 1,200-hp Veyron, sources said. The new model will beat the top speed of Bugatti's Veyron Super Sport, the sources added.... Read More »

 

Bentley first-half sales up 23% on China, Middle East

July 9, 2014 11:22 CET
Bentley increased six-month vehicle sales by almost a quarter on demand from China and the Middle East, keeping the brand on track for another record year.... Read More »

 

EU probes state aid for Audi's Hungary expansion

July 9, 2014 16:22 CET
The European Commission is probing state aid to Audi to expand its plant in Hungary. The commission approved aid to Porsche and BMW to expand their factories in Germany.... Read More »

 

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