Volkswagen

VW's Scania bid backed by big investor at Swedish truckmaker

April 24, 2014 12:36 CET
Volkswagen moved closer to sealing a 6.7 billion euro ($9.3 billion) deal for the rest of truckmaker Scania after a major shareholder, Swedbank Robur, said it would accept VW's offer for its shares.... Read More »

 

Jaguar, Land Rover, Ford gain in blue-sky store values

2:42 pm U.S. ET | April 23, 2014
Jaguar, Land Rover and Ford saw their blue-sky multiples increase in the second half, according to a study by a dealership buy/sell advisory firm. But BMW, Mini, Hyundai, VW and Mazda saw theirs decrease.... Read More »

 

Toyota's global sales top VW, GM for 3rd straight quarter

5:11 am U.S. ET | April 23, 2014
Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.... Read More »

 

VW faces rising opposition to Scania bid as Alecta rejects offer

April 23, 2014 11:58 CET
VW faces increasing opposition to its 6.7 billion euro bid for the rest of Scania after Alecta, the truckmaker's third-biggest shareholder, rejected the offer.... Read More »

 

Toyota outsells VW, GM for 3rd straight quarter

April 23, 2014 11:11 CET
Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.... Read More »

 

2014 BEIJING AUTO SHOW

VW mid-sized coupe to challenge Mercedes CLA

12:01 am U.S. ET | April 22, 2014
The Volkswagen NMC -- New Mid-sized Coupe -- concept makes official the carmaker's plans for a style-led sedan to challenge the Mercedes-Benz CLA.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Golf dominance, premium push intensify battle in compact segment

April 22, 2014 06:01 CET
Most volume automakers face double trouble in the crucial compact segment. They need to find a way to win sales from the dominant Volkswagen Golf while also defending against premium brands aggressively pushing into the segment.... Read More »

 

2014 BEIJING AUTO SHOW

Volkswagen New Midsize Coupe set to challenge Mercedes CLA

April 22, 2014 02:42 CET
The Volkswagen NMC (New Midsize Coupe) concept makes official the carmaker's plans for a style-led sedan to challenge the Mercedes-Benz CLA.... Read More »

 

UAW withdraws objection to lost election at VW Chattanooga plant

8:29 am U.S. ET | April 21, 2014
The UAW said today it is withdrawing its objection claiming undue outside political interference in a February vote it lost among workers at the Volkswagen plant in Tennessee.... Read More »

 

2014 NEW YORK AUTO SHOW

Voice of the fans brings back Audi A3 sportback

12:01 am U.S. ET | April 21, 2014
In its past life as a five-door, the Audi A3 never sold that well in the United States.... Read More »

 

Fiat's discount seeks parking-lot converts

12:01 am U.S. ET | April 21, 2014
Some Fiat employees at two Italian factories got a surprise recently.... Read More »

 

2014 BEIJING AUTO SHOW

Audi's latest compact SUV to be part of TT family

April 20, 2014 15:55 CET
A sporty compact SUV concept that hints at Audi's fifth crossover most likely will be part of the automaker's TT family and not be called the Q4, as previously reported.... Read More »

 

PAUL MCVEIGH

China is key to Winterkorn's new strategy for VW

12:01 am U.S. ET | April 20, 2014
China looms large in Volkswagen CEO Martin Winterkorn's thoughts as he prepares his new "Future Tracks" strategy for the automaker.... Read More »

 

New reality: Think crash, not just flash

12:01 am U.S. ET | April 20, 2014
Safety watchdogs at the Insurance Institute for Highway Safety and Consumer Reports magazine had an outsize effect on the cars unveiled at the New York auto show last week.... Read More »

 

Volkswagen has agreed on budget car concept, design

April 20, 2014 05:31 CET
Volkswagen has agreed on the basic concept and design of a budget car for emerging markets, said Hans Demant, who is in charge of the project.... Read More »

 

McLaren rules out making SUVs

April 19, 2014 19:45 CET
McLaren will stick to building sports cars and ruled out following rivals such as Lamborghini and Bentley in adding an SUV to its lineup. "We genuinely believe we make the best sports cars in the world," McLaren CEO Mike Flewitt said.... Read More »

 

VW signals it will outsell GM in China for second straight year

April 19, 2014 14:34 CET
Volkswagen forecast that its sales in China will increase 10 percent or more in 2014, signaling that it will outsell General Motors in the world's biggest auto market for a second straight year.... Read More »

 

Audi starts digital agency review

3:18 pm U.S. ET | April 18, 2014
Audi of America has begun a review of its digital agency business, people familiar with the matter told Advertising Age, an affiliate of Automotive News. The pitch is part of a routine process that Volkswagen's luxury brand initiates every few years, industry executives said.... Read More »

 

VW plans major World Cup ad push to counter Hyundai

6:30 am U.S. ET | April 18, 2014
Volkswagen is planning a major World Cup advertising push that will go head-to-head against official automotive sponsor Hyundai.... Read More »

 

VW plans major World Cup ad push to counter Hyundai

April 18, 2014 06:01 CET
Volkswagen is planning a major World Cup advertising push that will go head-to-head against official automotive sponsor Hyundai.... Read More »

 

VW's Winterkorn plans new strategy called Future Tracks

April 17, 2014 11:55 CET
Volkswagen CEO Martin Winterkorn will unveil a new strategy for the automaker called Future Tracks by year end, a report said. The plan will set fresh profitability and sales goals, Winterkorn told Manager Magazin in an interview.... Read More »

 

Lamborghini helps give parent Audi a technical edge

April 17, 2014 11:43 CET
Lamborghini will showcase the Huracan LP 610-4, its newest technology-packed supercar at the Beijing auto show, with the model set to spice up its parent company Audi's own offerings.... Read More »

 

2014 NEW YORK AUTO SHOW

Hopes dim for VW’s diesel hot hatch in U.S.

3:56 pm U.S. ET | April 16, 2014
VW has pulled back on plans to sell a souped-up diesel Golf called the GTD in the United States because importing the GTI sibling’s engine would add too much cost. The high-powered 2-liter TDI engine used in the GTD cannot be produced at VW’s engine plant in Silao, Mexico, so it would be imported from Germany, Volkswagen Group of America CEO Michael Horn told reporters today.... Read More »

 

2014 NEW YORK AUTO SHOW

Audi to revive A3 hatch in U.S., sans gasoline

12:01 am U.S. ET | April 16, 2014
Audi has decided to bring back the five-door version of its A3 compact to the United States -- but without an ordinary gasoline engine. The five-door body style will be available with a 2-liter TDI engine next summer, Audi said today. Audi already announced plans to sell a plug-in hybrid version of the hatchback called the A3 e-tron.... Read More »

 

VW picks former Audi r&d boss to run Bentley, Bugatti brands

6:12 am U.S. ET | April 15, 2014
Volkswagen said Audi's former development chief, Wolfgang Duerheimer, will head its Bentley and Bugatti brands. It will be Duerheimer's second stint as Bentley CEO.... Read More »

 

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