Martin Winterkorn

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 »

 

VW to build plug-in hybrids with partner FAW in China, sources say

April 4, 2014 09:33 CET
VW Group plans to make plug-in hybrids with local partner FAW in China, company sources say. VW sees a big potential market as the country's leaders race to reduce hazardous levels of air pollution.... Read More »

 

VW seeks to open car plant in Thailand, sources say

April 2, 2014 10:08 CET
VW Group has applied to set up its first car plant in Thailand to help narrow the gap with Toyota in Southeast Asia, people familiar with the matter said. VW sees a "strong market opportunity" in the region CFO Hans Dieter Poetsch said last week.... Read More »

 

VW keeps to Russia growth plan as Europe weighs sanctions

March 20, 2014 16:52 CET
Volkswagen CEO Martin Winterkorn says the carmaker will stick with ambitious expansion plans in Russia even as European leaders consider sanctions over the country's seizure of Crimea.... Read More »

 

Porsche SE has 2.61 billion euros available for acquisitions

March 19, 2014 14:12 CET
Porsche SE plans to spend the bulk of its 2.61 billion euro ($3.64 billion) cash pile on acquisitions beyond its controlling stake in Volkswagen Group.... Read More »

 

GABE NELSON

Fallout from Ukraine crisis weighs on VW

12:01 am U.S. ET | March 14, 2014
The Ukraine crisis has led to a sharp depreciation of the ruble, making imported cars more expensive for Russians. That is bad news for VW.... Read More »

 

Europe's price war wages on, top executives say

March 14, 2014 06:01 CET
Few auto executives predict that Europe's intense discounting battle has eased despite six straight months of sales increases in western Europe.... Read More »

 

VW Group targets 10 million sales this year

March 13, 2014 11:50 CET
VW Group may sell more than 10 million vehicles in 2014, four years earlier than planned, as the automaker expands its lineup in a bid to overtake Toyota as No. 1.... Read More »

 

DOUGLAS A. BOLDUC

VW, Toyota poised to make history

9:47 am U.S. ET | March 13, 2014
No automaker has sold 10 million vehicles in a single year but it's very likely that both Toyota and VW will surpass that milestone in 2014.... Read More »

 

DOUGLAS A. BOLDUC

VW, Toyota poised to make history

9:47 am U.S. ET | March 13, 2014
No automaker has sold 10 million vehicles in a single year but it's very likely that both Toyota and VW will surpass that milestone in 2014.... Read More »

 

GABE NELSON

Fallout from Ukraine crisis weighs on VW

4:09 pm U.S. ET | March 13, 2014
Because Volkswagen is one of the biggest players in Eastern Europe's car market, the political instability in Ukraine that led to the Russian occupation of Crimea is a real problem.... Read More »

 

VW rethinks Skoda and Seat strategy in mass-market struggle

March 6, 2014 10:51 CET
Volkswagen Group is striking out in a new direction to boost the image and appeal of its Skoda and Seat brands, moving Skoda more upmarket while refocusing Seat on Europe after a failed China export strategy.... Read More »

 

China's Qoros challenges Europeans on home turf

March 6, 2014 10:54 CET
Chinese automaker Qoros is out to challenge VW, PSA and other Europeans on their home turf, signaling a broader push by the country's car manufacturers to target Western customers.... Read More »

 

VW CEO Winterkorn bullish on T-ROC's future

March 6, 2014 06:01 CET
VW Group CEO Martin Winterkorn is bullish about the future of the automaker's T-ROC concept, which shows what the automaker believes would fit between the Tiguan compact SUV and its planned subcompact SUV.... Read More »

 

VW calms dealers, charts 'next big step'

12:01 am U.S. ET | Feb. 3, 2014
Michael Horn is new enough to his U.S. assignment that he's still looking for a permanent home in suburban Washington for his family.... Read More »

 

VW offers former Mercedes exec Renschler big budget to be trucks chief, report says

Jan. 31, 2014 11:22 CET
Volkswagen is offering former Mercedes production chief Andreas Renschler a substantial budget to bring in more people to push integration among its three commercial vehicles brands, sources said.... Read More »

 

VW's Piech, Winterkorn staying at least until 2018, labor chief says

Jan. 22, 2014 16:20 CET
VW Chairman Ferdinand Piech and CEO Martin Winterkorn will probably stay at the automaker until 2018, said Bernd Osterloh, head of VW's works council.... Read More »

 

DOUGLAS A. BOLDUC

Winterkorn humbled by U.S. struggles?

4:02 am U.S. ET | Jan. 16, 2014
VW CEO Martin Winterkorn sounded uncharacteristically humble when he said that “America is the world's toughest auto market.” Tougher than Europe? For VW brand, the answer is yes.... Read More »

 

DOUGLAS A. BOLDUC

Winterkorn humbled by U.S. struggles?

4:02 am U.S. ET | Jan. 16, 2014
VW CEO Martin Winterkorn sounded uncharacteristically humble when he said that “America is the world's toughest auto market.” Tougher than Europe? For VW brand, the answer is yes.... Read More »

 

2013 LISTS OF 10

Game changers in 2013

12:01 am U.S. ET | Dec. 30, 2013
These men and women shook up the industry in the past year.... Read More »

 

VW group sales rise 4% boosted by China, U.S. demand

Dec. 13, 2013 12:21 CET
Volkswagen's group vehicle sales rose by 4 percent in November as strong China and U.S. demand helped offset a flat Europe. The group's 11-month volume is 8.68 million as the automaker aims for record sales of 9.5 million this year.... Read More »

 

Daimler to name ex-BMW CEO Pischetsrieder to supervisory board, report says

Dec. 12, 2013 09:41 CET
Daimler will name Bernd Pischetsrieder, a former CEO of rival premium carmaker BMW, to its supervisory board next year, a German business newspaper reported.... Read More »

 

Volkswagen sees European markets stabilizing

Nov. 15, 2013 12:39 CET
Volkswagen said the markets in several European countries are stabilizing after reporting that 10-month group sales rose 5 percent to 7.85 million vehicles.... Read More »

 

Power play: 3 auto guys are in the mix

12:01 am U.S. ET | Nov. 4, 2013
Last week Forbes issued its list of the world's "most powerful people," 72 in all, and found spots for three car guys. The magazine calls it "an annual snapshot of the heads of state, financiers, philanthropists and entrepreneurs who truly rule the world."... Read More »

 

VW's rise to global No. 1 remains elusive as U.S. sales disappoint

Oct. 31, 2013 06:34 CET
Two years after VW began its latest push to become a major contender in the U.S. car market, local automakers are hitting back hard, hampering VW's bid to be the world's best-selling carmaker.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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