Hans Dieter Poetsch

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 »

 

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 »

 

VW's MQB platform already cuts costs, CFO says

Oct. 31, 2013 12:50 CET
VW Finance Chief Hans Dieter Poetsch said the carmaker's new MQB modular platform is already helping to cut costs, dismissing concerns that the technology is weighing on profit.... Read More »

 

VW denies it may miss profit goals on slow growth, higher MQB costs

12:01 am U.S. ET | Sept. 21, 2013
VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture.... Read More »

 

VW denies it may miss profit goals on slow growth, higher MQB costs

12:01 am U.S. ET | Sept. 20, 2013
VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture.... Read More »

 

VW denies it may miss profit goals on slow growth, higher MQB costs

Sept. 19, 2013 15:41 CET
VW denied that the company may miss its profit goals because of slower growth and higher-than-expected costs for the ramp up of its MQB architecture.... Read More »

 

VW targets profit boost amid uncertainty on Europe's recovery

Sept. 12, 2013 10:11 CET
Volkswagen plans to boost profitability at its mass-market brands by seeking higher profit margins through expansion outside Europe and a wider sharing of parts to cut costs.... Read More »

 

Piech says he will remain VW chairman until 2017

Sept. 10, 2013 06:01 CET
Ferdinand Piech said he will remain as VW Group chairman until 2017 when his contract runs out. "I'm feeling good," he said.... Read More »

 

Volkswagen CFO Poetsch says modular vehicle production will soar by 2016

Sept. 8, 2013 10:42 CET
Volkswagen expects production of vehicles based on its new MQB modular assembly architecture to soar in the next few years, Chief Financial Officer Hans Dieter Poetsch told a German newspaper.... Read More »

 

VW's Piech rebuffs claim he will quit as chairman, report says

3:06 am U.S. ET | Sept. 6, 2013
VW Chairman Ferdinand Piech has rejected a newspaper report that says he plans to step down from his post in the coming months for health reasons.... Read More »

 

VW's Piech rebuffs claim he will quit as chairman, report says

Sept. 6, 2013 09:06 CET
VW Chairman Ferdinand Piech has rejected a newspaper report that says he plans to step down from his post in the coming months for health reasons.... Read More »

 

VW bond sale is not preparation for further takeovers, report says

June 13, 2013 09:28 CET
Volkswagen's second bond sale in seven months aims to bolster finances strained by takeovers, rather than readying the group to add further acquisitions to its 12-brand portfolio, sources close to the German automaker said.... Read More »

 

Audi sees sedan becoming best-selling A3 variant

June 12, 2013 09:19 CET
Audi says it expects half of future A3 customers will opt for its new sedan variant after the model goes on sale in the third quarter.... Read More »

 

VW eyes China growth to ease pain in Europe

April 30, 2013 06:01 CET
Volkswagen expects sales in China this year to outpace total sales volume in the market, which the carmaker believes will increase 6 percent to 8 percent. In Europe, the automaker remained resilient to a recession in its home region as high-end sales from its newly-intergrated Porsche unit help offset a drop in deliveries at the carmaker's core mass-market brand.... Read More »

 

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