Hans Dieter Poetsch

VW Group reports record profit on Audi, Porsche gains

Feb. 27, 2015 15:56 CET

VW Group said its operating profit rose 8.8 percent to a record 12.7 billion euros ($14.25 billion) last year on double-digit gains in sales of luxury Audi and Porsche models. The company said its sales revenue rose 2.8 percent to a new high of 202.5 billion euros....
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VW targets 'significant' savings by reducing variety of parts

Jan. 21, 2015 16:36 CET

Volkswagen Group plans to boost profitability by scaling back the range of components at its main VW brand. Reducing the variety of parts used in VW vehicles will offer "significant savings potential," finance chief Hans Dieter Poetsch said....
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VW said to push forward with main car-brand margin revival plan

Dec. 18, 2014 17:29 CET

Volkswagen approved projects for adding several hundred million euros to earnings in coming years in its effort to almost triple profit margins at the namesake car brand, according to sources....
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VW earnings outlook too cautious, analysts say

Oct. 31, 2014 10:54 CET

VW Group expects to post a 6 percent gain in underlying earnings this year, setting a new record, yet analysts believe the automaker is being overly cautious and can do even better....
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CHRISTIAAN HETZNER

BLOG: Audi's war chest could buy Fiat Chrysler

12:01 am U.S. ET | Aug. 7, 2014

If there is one thing that Audi's first-half results prove, it's that VW Group's premium brand earns so much cash it could easily swallow Fiat-Chrysler whole...
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VW may raise stake in FAW Chinese joint venture

Aug. 1, 2014 12:15 CET

VW's CFO Hans Dieter Poetsch said the automaker's only likely acquisition is a possible increase of its stake in its FAW Chinese joint venture and not a takeover of Fiat or truckmaker Paccar....
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VW to bring new models to U.S. more quickly

May 30, 2014 12:33 CET

VW Group is preparing to bring new and updated models from its namesake brand to the U.S. on a shorter time frame. The VW marque will introduce new products every five years, down from seven....
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Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
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