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GUIDO REINKING How independent can Audi still be? 12:01 am U.S. ET | Sept. 4, 2012 On Monday, three new Audi board members joined the company from different brands within the Volkswagen Group. They'll take their seats on a seven-person board that arguably only has one member left who can be called a true dyed-in-the-wool Audi person.... Read More »
PSA's problems grow while VW's profits soarJuly 24, 2012 08:19 CET When PSA reports earnings tomorrow, it's likely to show deepening losses as European new-car sales plunge. The decline will be magnified the following day when VW Group is expected to post record profits, the result of years of expansion outside the region and investments in Audi.... Read More »
Audi buys Ducati; CEO Stadler named to boardJuly 19, 2012 11:50 CET Audi completed the 860 million-euro ($1.06 billion) purchase of Ducati and named its CEO, Rupert Stadler, to the motorcycle maker's board. Audi CFO Axel Strotbek and executive Horst Glaser also will join the Italian manufacturer's board.... Read More »
VW needs boost in U.S. to reach global sales goalsJuly 7, 2012 06:01 CET If Volkswagen AG Chairman Ferdinand Piech and his protégé, CEO Martin Winterkorn, hope to consolidate VW's position as the world's largest automaker by 2018, American consumers will need to buy a lot more new Volkswagens, Audis and Porsches.... Read More »
Piech crowns 20-year VW turnaround with Porsche takeoverJuly 5, 2012 15:49 CET When Ferdinand Piech took charge of Volkswagen 20 years ago, the carmaker was losing almost 1 billion euros ($1.24 billion). The 75-year-old VW chairman has capped a spurt of dealmaking with an agreement to buy the rest of Porsche SE's automaking business, a transaction that will extend the German company's lead as the world's most profitable automaker.... Read More »
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