Ferdinand PiechPorsche SE is optimistic of prospects in German investor lawsuitsApril 30, 2013 11:04 CET  Porsche SE, the family-owned company that controls a majority stake in Volkswagen, remains confident of success in lawsuits in a German court over alleged market manipulation during a failed takeover of VW in 2008.... Read More »
VW says 2013 will be tough, eyes H2 upturnApril 25, 2013 10:34 CET  VW Group is bracing itself for a tough year ahead, though the automaker believes business may improve in the second half as non-European markets keep growing. The automaker plans to tap into these markets by adding an additional 1,500 sales outlets in the medium term.... Read More »
Porsche's criminal probes may help investors' German lawsuitsApril 16, 2013 13:34 CET  German lawsuits from investors seeking 4 billion euros ($5.2 billion) from Porsche SE over its failed takeover of Volkswagen may be helped by details from ongoing criminal probes into senior company executives.... Read More »
VW patriarch Piech's wife up for election to Audi boardApril 8, 2013 18:18 CET  Volkswagen Chairman Ferdinand Piech's wife looks set to join the supervisory board of Audi in a move by the controlling Piech-Porsche family to solidify its sway over Europe's biggest carmaker.... Read More »
Winterkorn open to further VW acquisitionsMarch 15, 2013 06:01 CET  VW Group remains open to making further acquisitions, though the German group has its work cut out integrating its 12 brands, CEO Martin Winterkorn said. "We are currently well positioned with 12 brands, but there are always opportunities that one cannot pass up," Winterkorn said.... Read More »
Porsche manipulation probe extended to all board membersFeb. 12, 2013 10:34 CET  Stuttgart prosecutors have extended a probe into market manipulation during Porsche's failed bid to take over Volkswagen to all members of Porsche SE's supervisory board, including chairman Wolfgang Porsche and his cousin, Ferdinand Piech.... Read More »
Has VW discovered the Holy Grail of carmakers? 2:17 am U.S. ET | Feb. 11, 2013  Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford, Alfred Sloan and Taiichi Ohno in the canon of auto industry pioneers.... Read More »
Has VW discovered the Holy Grail of carmakers?Feb. 11, 2013 08:17 CET  Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford, Alfred Sloan and Taiichi Ohno in the canon of auto industry pioneers.... Read More »
VW workers receive 2% of voting rights from Piech's family holdingFeb. 7, 2013 06:01 CET  Volkswagen workers have had their influence boosted at Europe's largest carmaker after receiving 2 percent of VW's voting rights from the Piech-Porsche family.... Read More »
Piech says VW may add a 13th brand 9:19 am U.S. ET | Feb. 6, 2013  Volkswagen Chairman Ferdinand Piech indicated that the automaker plans to add at least one brand to the current lineup as part of a strategy to claim the industry's top spot by 2018.... Read More »
VW's Piech says automaker may add a 13th brandFeb. 6, 2013 15:19 CET  Volkswagen Chairman Ferdinand Piech indicated that the automaker plans to add at least one brand to the current lineup as part of a strategy to claim the industry's top spot by 2018.... Read More »
FINAL ASSEMBLY Marchionne pokes Piech again, with Volkswagen spiff 12:01 am U.S. ET | Dec. 10, 2012  It's hard to believe a company run by Sergio Marchionne would add an incentive to steal customers from one run by Ferdinand Piech. We jest, of course.... Read More »
Porsche loses bid to appeal Piech duty ruling in German courtDec. 5, 2012 06:01 CET  Porsche SE can't appeal a ruling saying Ferdinand Piech violated his duties when commenting in 2009 about options transactions carried out as part of a takeover bid for Volkswagen, Germany's highest civil court has said.... Read More »
LARRY P. VELLEQUETTE What's next in Marchionne-Piech tussle -- a bounty? 4:27 pm U.S. ET | Dec. 4, 2012  One of Chrysler's lesser-advertised incentives unveiled this month is steeped in so much personal pique it should come with its own dueling glove.... Read More »
FROM THE CURRENT ANE PRINT ISSUE How Europe's decline has changed Fiat CEO Marchionne's prioritiesNov. 15, 2012 06:01 CET  The European downturn has reversed Fiat-Chrysler CEO Sergio Marchionne's priorities. Instead of trying to get enough cash together for a full takeover of Chrysler Group, Marchionne must use the company's money to fix Fiat's European operations, which aren't expected to reach breakeven until 2015 at the earliest.... Read More »
Piech may stay on as VW chairman; sees room for expansionNov. 11, 2012 18:01 CET  Volkswagen patriarch Ferdinand Piech said he may stay on as VW chairman beyond his current term and he sees room for the automaker to expand further.... Read More »
FINAL ASSEMBLY Suzuki may be back story in the jousting between Piech and Marchionne 12:01 am U.S. ET | Oct. 8, 2012 It's no secret that Volkswagen Chairman Ferdinand Piech wants to pry Alfa Romeo away from Sergio Marchionne's Fiat Group. Marchionne says he won't let it happen, but maybe he's just angling to snag a piece of Piech's VW turf: VW's estranged Japanese partner Suzuki.... Read More »
HANS GREIMEL Could Suzuki be the next subject of Marchionne vs. VW? 12:01 am U.S. ET | Oct. 3, 2012  It's no secret that VW Chairman Ferdinand Piech wants to prize Alfa Romeo away from Sergio Marchionne's Fiat Group. Marchionne won't let it happen, but he may just be angling to snag his own piece of Piech's Volkswagen turf. The apparent object of Sergio's desire: VW's estranged Japanese partner Suzuki.... Read More »
HANS GREIMEL Could Suzuki be the next subject of Marchionne vs. VW? 10:52 am U.S. ET | Oct. 1, 2012  It’s no secret that VW Chairman Ferdinand Piech wants to prize Alfa Romeo away from Sergio Marchionne’s Fiat Group. Marchionne won't let it happen, but he may just be angling to snag his own piece of Piech’s Volkswagen turf. The apparent object of Sergio’s desire: VW’s estranged Japanese partner Suzuki.... Read More »
VW says some automakers may go bankrupt without government helpSept. 27, 2012 09:27 CET  Volkswagen Chief Financial Officer Hans Dieter Poetsch said some European competitors are at risk of going out of business without government financial assistance as the region's auto market sinks with no end in sight to the downfall. French automaker executives were also pessimistic about the European market.... Read More »
2012 PARIS AUTO SHOW Marchionne invites VW brass to dawn showdown as feud grows 2:49 pm U.S. ET | Sept. 27, 2012  Fiat-Chrysler CEO Sergio Marchionne, irritated by comments from Volkswagen executives, invited the German carmaker to a dawn showdown at the Paris auto show as tensions rise between the two European automakers. VW accepted his invitation. Volkswagen, bolstered by sales in China and premium nameplates including Audi, is gaining share in the worst European car market in 17 years by offering discounts and financing packages competitors in France and Italy can't match.... Read More »
Marchionne invites VW to dawn showdown as feud growsSept. 27, 2012 20:49 CET  Fiat CEO Sergio Marchionne, irritated by comments from Volkswagen executives, invited the German carmaker to a dawn showdown at the Paris auto show as tensions rise between the two European automakers. VW accepted his invitation.... Read More »
VW: Some European automakers may go bankrupt without government aid 3:27 am U.S. ET | Sept. 27, 2012  Volkswagen CFO Hans Dieter Poetsch said some European competitors are at risk of going out of business without government financial assistance as the region's auto market sinks with no end in sight to the downfall. French automaker executives were also pessimistic about the European market.... Read More »
Alfa Romeo is not for sale, Marchionne saysSept. 24, 2012 14:31 CET  Fiat CEO Sergio Marchionne said on Monday that the carmaker's Alfa Romeo brand is not for sale after a report said that Volkswagen has visited factories in which Alfa cars are made.... Read More »
Volkswagen China sales will grow at least 9% in 2013, Piech saysSept. 11, 2012 09:34 CET  VW Group Chairman Ferdinand Piech said the company's sales in China will grow at least 9 percent in 2013 after expanding a projected 10 percent or more this year, as more consumers buy their first cars.... Read More »
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