Volkswagen

Audi sees lower profitability as it invests to boost sales

March 10, 2015 12:31 CET

Audi is targeting another year of record car sales in 2015, but said profitability could slip further amid spending on technology, foreign expansion and plans to increase its model range to 60 vehicles by 2020....
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VW brand sales flat in Feb., down 1.6% for year

March 10, 2015 17:05 CET

VW brand sales were flat in February at 413,700 vehicles and slipped 1.6 percent to 920,700 after two months. Modest February gains in China and Europe helped offset declines in South America and the U.S....
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VW plans $1 billion expansion of Mexico plant to add Tiguan output

12:31 pm U.S. ET | March 9, 2015

VW will invest around $1 billion to expand its Puebla, Mexico, plant to produce a longer, redesigned Tiguan compact crossover. The investment will cover new high-technology assembly lines and will generate some 2,000 jobs. Tiguan output will begin in 2016, with the vehicle hitting the market the following year....
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VW makes progress on China-built budget brand

March 9, 2015 15:04 CET

VW Group is moving toward adding a no-frills brand in China after delays caused by the automaker's efforts to reduce costs on the project. VW has said the car will be priced at 6,000 to 7,000 euros....
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Audi outsells Mercedes again in February

March 9, 2015 12:01 CET

Audi said global vehicle sales rose 4.2 percent in February as the carmaker benefited from its revamped model lineup and strong sales of the A3 compact model line. The automaker outsold premium rival Mercedes for a second straight month....
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BMW hopes to replace Z4 before 2020

March 9, 2015 06:01 CET

BMW hopes to launch a successor to the Z4 roadster before the end of the decade, the automaker's chief engineer told Automotive News Europe. Development costs could be shared with Toyota as part of the automakers' cooperation....
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Luxury brands jostle for position

12:01 am U.S. ET | March 9, 2015

We pay very close attention to the three-way sales race involving Mercedes-Benz, BMW and Lexus, but so far this year, there's been a lot of action in the second-tier luxury realm -- namely, Audi, Cadillac, Acura and Infiniti....
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2-seat sports car concept may become Bentley's 5th model

12:01 am U.S. ET | March 9, 2015

Bentley's EXP 10 Speed 6 two-seater concept unveiled here may join the British luxury brand's lineup before long. The EXP 10 shows how the brand's styling will evolve to become sportier and more emotionally appealing, Bentley CEO Wolfgang Duerheimer said....
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VW Sport Coupe concept previews CC successor

12:01 am U.S. ET | March 9, 2015

Volkswagen's Sport Coupe Concept GTE, a four-door fastback plug-in hybrid concept that debuted in Geneva, is very close to the production version that will replace the CC and eventually could be built in the U.S., VW executives said....
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Q&A

Lamborghini CEO optimistic for another strong sales year

12:01 am U.S. ET | March 9, 2015

Lamborghini boosted global deliveries 19 percent to 2,530 last year to set a sales record, and CEO Stephan Winkelmann is bullish about 2015, too. He discussed the brand's future with Automotive News Europe Managing Editor Douglas A. Bolduc....
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2015 GENEVA AUTO SHOW

Audi will offer Q7 as diesel or gasoline plug-in hybrid

March 7, 2015 06:01 CET

Audi will offer its Q7 large SUV with multiple plug-in hybrid variants: a diesel-electric for Europe and a gasoline-electric version for the U.S. and China. The Q7 e-tron quattro will be Audi's second plug-in hybrid. It currently offers a gasoline-electric plug-in variant of the A3....
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VW will drop 3-door Polo to cut cost, sources say

March 6, 2015 17:44 CET

VW will probably stop making three-door versions of the Polo hatchback, as Europe's largest carmaker accelerates cost cutting at its core division, company sources said....
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VW plans $1 billion investment in Mexico to support Tiguan output, report says

6:31 pm U.S. ET | March 5, 2015

VW plans an investment worth around $1 billion in Mexico to expand its Puebla assembly plant, Reuters reported Thursday. The capital outlay, aimed at supporting production of the Tiguan compact crossover, is due to be unveiled on Monday and is expected to generate about 1,900 jobs....
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VW's German workers get 3% wage increase

March 5, 2015 12:56 CET

Volkswagen will give workers at German plants a 3.4 percent wage increase even as the automaker looks to boost profitability by cutting costs....
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Audi R8 e-tron signals shift by German automakers to high-end EVs

March 4, 2015 16:12 CET

German carmakers are shifting their focus towards high-end electric vehicles such as the Audi R8 e-tron and away from cheaper city cars in an effort to revive environmentally-friendly but unpopular zero-emission vehicles....
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Audi spreads wireless connectivity to nearly all 2016 models

10:53 am U.S. ET | March 4, 2015

Audi said it plans to equip nearly all of its 2016 model-year vehicles with 4G LTE or 3G high-speed data connectivity to give drivers Wi-Fi access from the road....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Lamborghini CEO takes aim at another sales record

March 4, 2015 06:30 CET

Lamborghini CEO Stephan Winkelmann is bullish about the supercar maker's future after setting a new sales record last year and entering 2015 with a "solid order book." Winkelmann discussed this as well as Lamborghini's response to tougher CO2 emissions rules with Automotive News Europe....
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VW, Porsche hit by weather, port troubles, but Audi extends streak

2:00 pm U.S. ET | March 3, 2015

What looked like a hint of a sales rebound at Volkswagen evaporated in February, as every model except its red-hot Golf lineup posted lower sales....
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Weather delays VW shipments as Honda production gets back on track

11:39 am U.S. ET | March 3, 2015

As Honda production affected by West Coast ports labor disputes returns to normal, Volkswagen’s East Coast shipments have been delayed....
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Porsche will buy 25% stake in carbon fiber maker

March 3, 2015 13:30 CET

Porsche plans to buy a 25 percent stake in German carbon fiber producer Capricorn Composite, widening access to the lightweight material it uses in its LMP1 and 918 Spyder sports cars....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Bentley CEO expects big boost from brand's first SUV

March 3, 2015 06:01 CET

Bentley is on course to reach record sales targets as it beats ultraluxury rivals such as Maserati, Lamborghini and Rolls-Royce to market with its first SUV, the Bentayga. Bentley CEO Wolfgang Duerheimer shared his outlook for the UK-based carmaker with Automotive News Europe....
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Marchionne says he has merger candidate in mind, but it's not VW

6:22 am U.S. ET | March 3, 2015

Volkswagen is not the ideal candidate for a tie-up with Fiat Chrysler, the CEO Sergio Marchionne said today, adding he was exploring various merger and acquisition options....
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Opel, VW CEOs cautious on Europe sales growth amid Russia crisis

March 3, 2015 09:14 CET

Europe's carmakers are benefiting from robust demand for passenger cars in most of the region although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, Opel CEO Karl-Thomas Neumann and VW boss Martin Winterkorn said....
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VW coupe-styled GTE aims to boost brand image

3:00 pm U.S. ET | March 2, 2015

Volkswagen previewed a coupe-styled sedan at the Geneva auto show that is set to become a production model to boost the brand's image and attract customers from cars such as the Mercedes-Benz CLS. VW signaled the Sport Coupe Concept GTE will likely become a production model....
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2015 GENEVA AUTO SHOW

Bentley unveils two-seat sports car concept that may become 5th model

March 2, 2015 20:39 CET

Bentley unveiled the EXP 10 Speed 6 concept for a two-seat luxury sports car that it says may join its lineup in the near future. The EXP 10 also shows how the brand's styling will evolve to become sportier and more emotionally appealing....
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