Former VW CEO to Pay Roughly $12 Million in Damages Over Dieselgate Scandal
3 Jun 2021, 14:52 UTC · By: Sergiu Tudose / Volkswagen concluded that its ex-CEO, Martin Winterkorn, had breached his duty of care, although he denied being responsible for the diesel scandal
VW's Winterkorn Predicts 10 Million Sales in 2014
13 Mar 2014, 15:41 UTC · By: Mihnea Radu / A few years back, Volkswagen Group announced a major plan which would lead them to 10 million sales per year by 2018 though new plants, heavy investment and rapid model expansion. Overtaking Toyota ...
Martin Winterkorn to Head VW Until 2016
29 Nov 2010, 23:51 UTC · By: Daniel Patrascu / The way in which the current chief executive officer of Europe's largest carmaker, Martin Winterkorn, handled the operations of the giant group seems to have landed him another term ...
Winterkorn, Potsch Join Porsche Board
26 Nov 2009, 10:36 UTC · By: Daniel Patrascu / Volkswagen is moving ahead with its Porsche merger plan and announced that Martin Winterkorn, VW's chairman of the board and Hans Dieter Potsch, VW's CFO, have joined the board of manageme...
Porsche to Add Three Models to the Range
21 Aug 2009, 12:31 UTC · By: Daniel Patrascu / Still engulfed in a bitter fight for survival, German manufacturer Porsche may get a boost of confidence thanks to its new CEO, Martin Winterkorn. The CEO thinks one of the ways for Porsche to get b...
VW-Porsche Tie-Up Complete in 2010
17 Aug 2009, 08:17 UTC · By: Daniel Patrascu / The long awaited tie-up between German manufacturers Porsche and Volkswagen may be completed, according to German newspaper Die Welt, in 2010 instead of the initially projected 2011. Of course, this...
Opel Accuse VW of Blackmailing Magna
16 Aug 2009, 09:37 UTC · By: Alexandru Radu Chis / As the race for taking over Opel from current majority share owner General Motors Co. draws to a close finish between the Canadian auto parts supplier Magna International Inc. and Belgian finance gr...
Volkswagen Posts 1.2 Billion Euros Operating Profit in H1
30 Jul 2009, 10:15 UTC · By: Daniel Patrascu / After last week it proudly announced it managed to increase its global market share to 12 percent, German manufacturer Volkswagen posted today its financial results for the first half of the year, r...
The Porsche Wars: Stalemate
18 May 2009, 06:54 UTC · By: Daniel Patrascu / The future of the joint Volkswagen-Porsche company (or Porsche-Volkswagen, depending on how you look at it) has once again become uncertain, as VW decided to halt the talks with its major shareholde...