Volkswagen

VW, Mercedes, JLR, Nissan targeted by China TV show

March 16, 2015 11:43 CET

Volkswagen, Mercedes and Nissan said they are probing allegations aired by Chinese state TV that they oversold repairs and spare parts to drivers. Media criticism can dent reputations and drag on sales in the world's biggest auto market....
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Skoda profit jumps 46% in 2014 on record sales

March 16, 2015 14:39 CET

Skoda raised net profit by 46 percent to 665 million euros in 2014 after selling more than 1 million cars for the first time in its history....
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Audi plans 2 new crossovers, joins VW with plug-in hybrids

12:01 am U.S. ET | March 16, 2015

Audi will add two crossovers to its lineup - one big and one small - and Volkswagen will offer new plug-in hybrid variants of several nameplates, company executives said last week. In 2016, Audi will launch an entry-level crossover called the Q1 positioned beneath the subcompact Q3, CEO Rupert Stadler said....
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Where America met the Beetles

12:01 am U.S. ET | March 15, 2015

New Milford Volkswagen, one of America's earliest VW dealerships, is closing its doors in April, after nearly 65 years of operation at the site of a former Amoco station in rural western Connecticut....
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VW near deal to sell LeasePlan, sources say

March 15, 2015 13:34 CET

VW Group and German private bank Metzler are nearing an agreement to sell Dutch fleet-management company LeasePlan for about 3 billion euros ($3.16 billion) to a group led by private equity firm TDR Capital....
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Porsche may add electric car to challenge Tesla

5:53 am U.S. ET | March 13, 2015

Porsche may expand its growing lineup with a battery-powered vehicle to cater to demand for cleaner luxury vehicles and counter the rise of Tesla....
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Audi plans to give EVs stand-out looks

March 12, 2015 06:01 CET

Audi wants its future electric vehicles to stand out from its conventionally powered models by giving them their own design language, the automaker's development chief said....
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VW identifies half of planned 5 billion euros in cuts

March 12, 2015 11:50 CET

VW Group has identified cost cuts worth about half of the planned 5 billion euro ($5.29 billion) target at its core passenger-car brand. VW could discontinue its three-door Polo as part of the savings program, CEO Martin Winterkorn said, a move that would save millions....
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Volkswagen plans on hybrids while it waits for longer-range batteries

1:07 pm U.S. ET | March 12, 2015

The Volkswagen Group plans to offer plug-in hybrid powertrains on most of its models before longer-range batteries become a reality. Audi will offer plug-in hybrid versions of the Q7 SUV, A7 and A8 sedans while the VW brand will launch a plug-in Touareg SUV and Phaeton flagship sedan in global markets, VW Group CEO Martin Winterkorn said at the automaker's annual media conference today....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW, VW changes shake up Germany's top auto ranks

March 11, 2015 06:01 CET

When Harald Krueger becomes CEO at BMW Group and Herbert Diess takes over as boss of the VW brand this year, four of the six heads of Germany's biggest automotive brands will be in their early or mid-50s, marking a generational shift for the industry....
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Skoda's 2018 sales goal at risk on Russia slump

March 11, 2015 06:01 CET

Skoda may need an extra year to reach its target of selling 1.5 million vehicles annually because of Russia's slumping car market, sales chief Werner Eichhorn told Automotive News Europe. The current deadline is 2018....
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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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