Volkswagen

Lamborghini shelves plug-in Asterion coupe in favor of Urus SUV, report says

July 24, 2015 12:03 CET

Lamborghini has put on hold a production plug-in hybrid Asterion coupe in favor of bringing the Urus SUV to market in 2018, a magazine reported, citing the automaker's CEO Stephan Winkelmann....
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VW, Metzler sell LeasePlan for 3.7 billion euros

July 23, 2015 09:42 CET

Volkswagen and German bank Metzler have sold financing company LeasePlan to a consortium of investors for 3.7 billion euros ($4 billion)....
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Mini, Subaru, Scion improve the most in J.D. Power APEAL Study

10:00 am U.S. ET | July 22, 2015

Mini, Subaru and Scion had the biggest improvements in J.D. Power's latest study of new-vehicle appeal. Porsche was the overall leader for the 11th consecutive year....
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VW is in advanced talks to sell LeasePlan, report says

July 22, 2015 17:15 CET

Volkswagen is in advanced talks to sell its 50 percent stake in financing arm LeasePlan as the carmaker cuts costs and refocuses its business, Reuters reported. LeasePlan finances 1.42 million cars annually....
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Audi will replace its China chief amid sales decline

July 22, 2015 13:27 CET

Audi will replace the head of its Chinese operations, Dietmar Voggenreiter, as the carmaker grapples with an accelerating sales decline in its No. 1 market....
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MIKE COLIAS

BLOG: Cadillac's product onslaught: Hurry up and wait

12:15 pm U.S. ET | July 21, 2015

A glance at Cadillac's product-planning timeline shows that dealers and consumers will be waiting quite a while for much of the fresh sheet metal planned by the brand....
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Nokia nears agreement with BMW, Audi, Mercedes on maps unit, report says

July 21, 2015 12:55 CET

Nokia is nearing an agreement to sell its maps business to BMW, Audi and Mercedes, with a decision possible as early as next week, sources said....
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Bugatti names former Bentley, Ferrari exec as marketing boss

July 21, 2015 06:01 CET

Bugatti named Oliver Winkes as its new marketing chief. The VW Group veteran who started his career with Ferrari will be responsible for the supercar marque's marketing activities....
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VW will set up new truck business headquarters

July 21, 2015 12:14 CET

Volkswagen plans to set up its new truck business near its headquarters in Wolfsburg, Germany. The carmaker aims to build a heavy goods vehicle operation capable of taking on rivals Daimler and Volvo....
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Audi will give aid to China dealers, report says

July 20, 2015 11:19 CET

Audi will provide 1.2 billion yuan ($193 million) in financial aid to its dealers in China, according to sources, as demand for luxury vehicles slows in its largest market. Audi's China sales slipped 5.8 percent last month....
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Automakers vie for pole position in Iran

July 18, 2015 06:01 CET

Carmakers are racing for Iran following the country's breakthrough nuclear deal with Western powers - pitting past market leader PSA/Peugeot-Citroen against challengers including Volkswagen and Renault....
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VW brand sales fall nearly 9% in June on China slowdown

July 17, 2015 20:03 CET

Sales at Volkswagen's core division fell for an eighth time in nine months in June as slowing momentum in China and slumping demand in Latin America outweighed gains in Europe....
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VW plans parts warehouse serving West Coast dealerships

10:35 am U.S. ET | July 17, 2015

Volkswagen Group of America will spend $6.8 million to open a new parts distribution center in Sacramento, Calif., to serve dealers in the Pacific northwest and northern California, the company said today....
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FCA, VW, GM lead Strategic Vision quality survey

8:00 am U.S. ET | July 17, 2015

U.S. customers are happiest with vehicles from Fiat Chrysler Automobiles, Volkswagen and General Motors, according to a survey of new car and light-truck buyers....
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VW, GM shudder as China profit engine sputters

5:47 pm U.S. ET | July 16, 2015

Shock waves from a drop in Chinese car demand are reverberating in Wolfsburg and Detroit, where Volkswagen and GM are feeling the effects of a slowdown in a market that has been their big profit engine. Barclays downgraded GM shares on Thursday, saying it was likely to face the sharpest of the China headwinds among automakers and auto parts makers....
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VW explores return to Iran after nuclear sanctions lift

July 16, 2015 14:48 CET

Volkswagen has taken the first steps to entering Iran after the Islamic Republic's nuclear accord with the West pointed to an easing of economic sanctions that have prevented carmakers from doing business in the country....
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Audi reviews China 2015 sales target

July 16, 2015 10:57 CET

Audi is reviewing its 2015 target of selling 600,000 cars in China, the latest sign that a downturn in demand for passenger cars in the world's biggest car market is more severe than automakers expected....
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Strike at Spanish seating supplier ends

July 15, 2015 14:53 CET

Employees at a Spanish factory of seating supplier Johnson Controls today resumed work. Their strike had hit production at Volkswagen Group's Seat unit....
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Ford confirms it will build Lincoln Continental in Michigan plant

4:15 pm U.S. ET | July 15, 2015

The Lincoln Continental, which Ford Motor is bringing back to life next year to replace the MKS sedan, will be assembled at a plant in Flat Rock, Mich. The factory, where the Mustang sports car and Fusion sedan are also assembled, will build the Continental for export to China and other markets, in addition to the U.S., Ford said today....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Skoda makes new Superb smarter and more spacious

July 15, 2015 06:01 CET

Skoda has loaded its Superb midsize car with semi-autonomous driving technology typically found on more expensive vehicles....
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VW interim chairman to stay on, hunt for Piech successor continues, report says

9:59 am U.S. ET | July 12, 2015

Volkswagen AG is still looking for a successor to former chairman Ferdinand Piech, meaning the interim holder of the position, Berthold Huber, is likely to stay until at least the end of the year, a German newspaper reported....
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NICK GIBBS

BLOG: VW's Seat brand puts brakes on sportiness to lure family buyers

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

VW's Spain-based Seat brand is no longer the “Spanish Alfa Romeo” after moving away from its sporty image, CEO Juergen Stackmann said. Nowadays, the marque aims to win family buyers, he said....
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Carmakers tell tech partners to keep hands off our data

8:48 am U.S. ET | July 10, 2015

Carmakers are limiting the data they share with technology partners Apple and Google through new systems that link smartphones to vehicle infotainment systems, defending access to information about what drivers do in their cars....
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Audi sales rise 1.3% in June as Europe, U.S. demand offset China slide

July 10, 2015 12:25 CET

Audi's global sales rose 1.3 percent in June as gains in Europe and the U.S. helped offset a second consecutive monthly decline in China deliveries. Six-month sales at Audi rose 3.8 percent....
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VW said to offer $161 million to struggling China dealers

July 10, 2015 09:35 CET

VW Group is offering financial assistance totaling 1 billion yuan ($161 million) to support some of its dealers in China as demand slows in its largest market, according to people with knowledge of the matter....
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