VolkswagenPorsche faces $1.8 billion suit over Volkswagen options tradesMay 13, 2013 14:34 CET Porsche Automobil Holding, already facing suits seeking a combined 4 billion euros ($5.2 billion) linked to the carmaker's aborted takeover of Volkswagen, was sued by more hedge funds in Germany.... Read More »
Domestic brands score well in owner-perception survey 8:00 am U.S. ET | May 13, 2013 Volkswagen Group and Ford fared well among automakers in an annual study released today measuring quality and how deeply consumers feel about a new car or light-truck purchase after several months of ownership.... Read More »
Schaeffler to end Continental accord as merger project wanesMay 13, 2013 21:46 CET Schaeffler, the largest investor in tire and components supplier Continental, plans to end an agreement between the two German companies as it continues to dismantle a plan for a gradual merger.... Read More »
Schaeffler to end Continental accord as merger project wanes 3:46 pm U.S. ET | May 13, 2013 Schaeffler, the largest investor in tire and components supplier Continental, plans to end an agreement between the two German companies as it continues to dismantle a plan for a gradual merger.... Read More »
Toyota puts high beams on headlight regulation 12:01 am U.S. ET | May 13, 2013 With a recent petition, Toyota has intensified the pressure on safety regulators to approve new headlights currently forbidden on U.S. roads. The headlights use cameras to detect other cars and automatically dim the portions of the high beam that would shine in other drivers' eyes.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013 Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard. The battle to finish 2013 as the global leader in premium-car sales will remain tense.... Read More »
SURGICAL MARKETING STRIKES Automakers grow adept at targeting ads to Internet surfers 12:01 am U.S. ET | May 13, 2013 The digital age has spawned effective ways for auto marketers to swipe customers from competitors. By monitoring the online shopping habits of millions of consumers, marketers can place online ads in front of shoppers quickly and precisely.... Read More »
CARS & CONCEPTS Audi Q7 will shed weight 12:01 am U.S. ET | May 13, 2013 The redesigned Audi Q7 that debuts next summer in Europe will weigh about 800 pounds less than the current model, company insiders tell German sibling publication Automobilwoche.... Read More »
Audi to suppliers: Come to Mexico 12:01 am U.S. ET | May 13, 2013 Audi AG brought more than 100 supplier executives to Mexico in early May, wooing them with a ride through the countryside that left their matching white Q5 crossovers splotched with mud. And the courtship came with a firm message: If you want to supply the next Q5, consider setting up shop in Mexico.... Read More »
FINAL ASSEMBLY Tariff played a role in Mexico winning Audi plant 12:01 am U.S. ET | May 13, 2013 At the groundbreaking for the Q5 plant in San Jose Chiapa, Audi CEO Rupert Stadler offered another explanation for deciding not to locate in the United States: The European Union slaps a 10 percent tariff on U.S.-built vehicles.... Read More »
VW confirms report it will build factory in Changsa, ChinaMay 11, 2013 18:46 CET VW Group has confirmed a German newspaper report that said it will build a factory with an annual capacity of 300,000 vehicles in Changsa, Hunan province, China.... Read More »
Audi's tight U.S. supply, fast turn rate lift dealer profitabilityMay 10, 2013 06:01 CET Audi of America President Scott Keogh is presiding over a brand with momentum, with U.S. sales up 16 percent through April and a batch of new vehicles launched or on tap. Keogh, 44, became president of Audi of America in June, a promotion from chief marketing officer.... Read More »
Volkswagen recalls 91,000 cars in Japan on transmission problemsMay 9, 2013 12:02 CET Volkswagen said today that it is recalling around 91,000 cars in Japan, citing potential transmission problems that have already led to the recall of 384,181 vehicles in China.... Read More »
Growing Audi demand prompts TRW to boost output at new Romania plantMay 7, 2013 11:09 CET TRW will boost production at a new eastern European factory on growing demand from Audi and other automakers. The U.S. supplier plans a fivefold output boost at a steering wheel leather wrapping plant in Baia Mare, Romania, that opened in January.... Read More »
Audi April sales up 7% on China, U.S.May 7, 2013 13:42 CET Audi sales rose 7 percent in April to 133,500 vehicles on strong demand in China and the United States, pushing four-month sales to 503,000. It is the first time that Audi has topped a half million deliveries in just four months, the automaker said Tuesday.... Read More »
TALK FROM THE TOP: SCOTT KEOGH Audi's tight supply, fast turn rate lift dealer profitability 12:01 am U.S. ET | May 6, 2013 Audi of America President Scott Keogh is presiding over a brand with momentum, with U.S. sales up 16 percent through April and a batch of new vehicles launched or on tap. Keogh, 44, became president of Audi of America in June, a promotion from chief marketing officer.... Read More »
VW dealers frustrated with factory 12:01 am U.S. ET | May 6, 2013 Volkswagen of America went through a growth spurt. Now the brand and its dealers are feeling growing pains.... Read More »
CARS & CONCEPTS VW plans fuel-saving 10-speed tranny 12:01 am U.S. ET | May 6, 2013 Volkswagen's new 10-speed DSG transmission will be paired with V-6 and V-8 engines and will replace conventional torque converter automatics in some of the company's vehicles.... Read More »
Audi may build Brazil plant but seeks clarity from governmentMay 5, 2013 06:01 CET Audi will not build a vehicle assembly plant in Brazil until the laws governing what exactly is required to ensure a car is considered locally built are clarified, CEO Rupert Stadler said.... Read More »
With Mexican plant, Audi aims to end U.S. shortageMay 4, 2013 22:47 CET Audi broke ground on a $1.3 billion assembly plant southeast of Mexico City, marking a push into North American production that will put the Q5 crossover closer to customers in the United States.... Read More »
With Mexican plant, Audi aims to end U.S. shortage 4:47 pm U.S. ET | May 4, 2013 Audi broke ground on a $1.3 billion assembly plant southeast of Mexico City, marking a push into North American production that will put the Q5 crossover closer to customers in the United States.... Read More »
Audi's new Mexico SUV plant aimed at unseating BMWMay 3, 2013 06:01 CET Audi executives plan to break ground on a $1.3 billion factory in Mexico with a capacity of some 150,000 cars a year. The plant will be instrumental in Audi's push to topple BMW as the world's No. 1-selling premium automaker.... Read More »
GABE NELSON For VW, new turbo brings more power, fuel economy for key models 8:00 am U.S. ET | May 3, 2013 A new crop of turbocharged Volkswagen Jettas and Beetles will start to show up in U.S. dealerships this month.... Read More »
Audi and Cadillac target young Chinese buyersMay 3, 2013 06:01 CET Audi is fueling its growth in China with a range of less pricey compact crossovers and sedans -- such as the A3 sedan introduced this month in Shanghai -- to expand its appeal to retail customers.... Read More »
Toyota's 10 million plan: Common parts, r&dMay 3, 2013 06:01 CET Toyota President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year.... Read More »
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Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the United... Mon., May 20» Watch the Video |
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