19 Feb 2009, 19:01 UTC · By: Bogdan Popa / Volkswagen today received 2 billion euros (approximately $2.5 billion) of credit guarantees from the German government. The money are sourced from the German government's bank rescue fund and w...
16 Feb 2009, 11:47 UTC · By: Bogdan Popa / The automotive industry, no matter if we're talking about the European, the North American or the Middle East markets, undoubtedly faced the most difficult times in history, with the recession ...
16 Feb 2009, 09:07 UTC · By: Daniel Patrascu / The most outspoken critic of Volkswagen's (VW) takeover by Porsche, Bernd Osterloh, has managed to get a seat on the four person council of Porsche Automobil Holding, the overseer of Porsche...
13 Feb 2009, 16:58 UTC · By: Daniel Patrascu / Porsche's mandatory takeover offer for Scania, made on February 3rd, was completed today, as the German automaker announced it acquired 7.9 percent of the Swedish truck manufacturer. At that ti...
13 Feb 2009, 10:24 UTC · By: Daniel Patrascu / The Germans and the Japanese will join forces once again in an attempt to take over the world... Well, not the real world, but the electric drive units one. Volkswagen and Toshiba have signed a lett...
13 Feb 2009, 08:09 UTC · By: Bogdan Popa / Volkswagen Beetle has always been a fairly appealing model, with steady sales in various regions of the world. Because of that, every single limited edition that may come out seems to be particularl...
12 Feb 2009, 14:22 UTC · By: Bogdan Popa / Swiss tuner Sported rolled out was seems to be one of the first customized versions of the new-generation Volkswagen Scirocco, an aftermarket model that sports numerous upgrades including engine per...
11 Feb 2009, 13:59 UTC · By: Madalina Iancu / Although many doubted the potential of the world's biggest continent to beat US when it comes to car sales, it seems that the impossible turned into possible and China vehicle sales managed to ...
11 Feb 2009, 08:54 UTC · By: Madalina Iancu / As the financial crisis continues to hit automakers across the world, many of them are forced to drastically cut costs by laying off employees in order to survive. Unfortunately, Bentley is no excep...
9 Feb 2009, 10:20 UTC · By: Bogdan Popa / Transformers was indeed a good action movie and we're not saying that just because Megan Fox and Shia LaBoeuf played in it. As we're sure you remember, the movie brought us a “reinca...
5 Feb 2009, 16:34 UTC · By: Bogdan Popa / Parking a car in a crowded city can prove to be your worst nightmare sometimes, especially when you're in a hurry and the only parking spot you'll find is on Mars. Sometimes, fortune may s...
5 Feb 2009, 09:15 UTC · By: Madalina Iancu / It has almost become a fashionable trend among automakers' top executives to back off their management positions during the financial downturn. Thus, Gary Akin, vice president of sales with...
4 Feb 2009, 11:40 UTC · By: Daniel Patrascu / Chrysler says the upcoming alliance with Italian automaker Fiat could be very prosperous, but it is not the only option it has. The company refrained from other comments and made no reference as to ...
4 Feb 2009, 08:42 UTC · By: Ovidiu Panzariu / In a time when most manufacturers seem to revise their racing programmes in Formula 1 – Honda even withdrew from the series last year – the IndyCar Series confirmed that no less than 5 c...
4 Feb 2009, 08:25 UTC · By: Bogdan Popa / Volkswagen of American today announced the January 2009 sales, unveiling a 11.6 percent drop compared to the same month of the previous year. This is nothing more than a consequence of the economic ...
3 Feb 2009, 17:36 UTC · By: Daniel Patrascu / Scania officials advised today company's shareholders to decline the takeover offer made by Porsche, under the pretext that the price offered per share is too low. Scania has taken this decisio...
2 Feb 2009, 09:02 UTC · By: Alex Oagana / OK, so either someone got a hold of the official pictures of the new Golf GTI and Volkswagen decided to spill the beans themselves, or Volkswagen UK just broke their very own embargo. Eight what app...
30 Jan 2009, 15:57 UTC · By: Daniel Patrascu / The economic instability seems to be a never ending pool of stories, whether they are good or bad. But, mostly, bad. As is the news for 400 South African Volkswagen workers, who will soon join thous...
29 Jan 2009, 13:16 UTC · By: Bogdan Popa / We already knew that the upcoming Geneva Motor Show is one of the most important auto events this year but, taking into account the new car launches prepared for this show, Geneva will be surely a c...
27 Jan 2009, 16:16 UTC · By: Daniel Patrascu / Audi Hungaria Motor Kft. will suspend operations for one week, between Feb. 23 and 28, as most of the industry's players have done. “Suspending production was regular at this time of y...