VW Projects Zero Growth in 2010
31 Jul 2009, 15:02 UTC · By: Bogdan Popa / 2010 is going to be a difficult year for the automotive industry. At least, this is what Volkswagen believes, projecting a zero growth in the car market next year. After unveiling a drop in sales in...
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...
Porsche Announces Sale of Options on VW Shares
29 Jul 2009, 15:17 UTC · By: Daniel Patrascu / As a result of last week's announcement that German manufacturers Porsche and Volkswagen have reached a preliminary merger agreement, the former has today issued a press release stating it has ...
VW Touran Match Launched on the British Market
29 Jul 2009, 06:55 UTC · By: Alina Dumitrache / It looks like Volkswagen decided to launch one special edition of the Touran model for each market in Europe. After it announced, two months ago, the Freestyle version released on the German market,...
Quo Vadis, Porsche?...
27 Jul 2009, 13:43 UTC · By: Alex Oagana / ... as I'm sure most of you guys remember, Porsche was pretty much in deep doo-doo during the mid-nineties. Sure, there are probably more people who only (want to) remember the success period i...
Volkswagen Plans 4Bn Euro Capital Increase
27 Jul 2009, 07:55 UTC · By: Daniel Patrascu / The upcoming merger with Porsche will apparently force German manufacturer Volkswagen increase its capital by some 4 billion euros, a Financial Times Deutschland report says. The increase is require...
Volkswagen Increases First Half Market Share
24 Jul 2009, 14:11 UTC · By: Daniel Patrascu / Europe's largest car manufacturer is hard at work trying to catch up with Toyota, as the company already announced it plans on becoming the no. 1 manufacturer by 2018. With the soon-to-be addit...
Reactions to the Volkswagen-Porsche Merger
24 Jul 2009, 12:47 UTC · By: Daniel Patrascu / As we reported yesterday, German manufacturers Volkswagen and Porsche reached a preliminary agreement regarding their joint future. Although details are still scarce, as they "will be worked ou...
Volkswagen-Porsche Is Born
23 Jul 2009, 14:13 UTC · By: Bogdan Popa / The war has ended as Volkswagen and Porsche finally reached an agreement for the creation of a so-called integrated automotive group to be formed from the progressive participation of the two compan...
LSD Gull-Wing Doors for VW Scirocco
22 Jul 2009, 13:01 UTC · By: Daniel Patrascu / We're not sure if when they re-launched the Scirocco, Volkswagen engineers had any idea what they will unleash. Since its launch, countless tuning crews have taken the Scirocco and turned it in...
Porsche CEO Might Step Down After All
22 Jul 2009, 08:37 UTC · By: Alexandru Radu Chis / The challenging times for both for Porsche and its CEO, Wendelin Wiedeking, are just beginning, as reports saying he will likely step down in the near future increase in intensity. After an unsucces...
Confirmed: VW New Compact Sedan in Mexico by Mid-2010
22 Jul 2009, 07:13 UTC · By: Bogdan Popa / Volkswagen finally confirmed that it will build the internally-known as the New Compact Sedan project in Mexico, the board of the company announced yesterday. The German automaker will invest $1 bil...
VW to Hold Youth Soccer Tournament in the US
21 Jul 2009, 15:09 UTC · By: Alexandru Radu Chis / The German car manufacturer who is the official automotive partner of Major League Soccer just thought of another way to promote soccer in the US. Volkswagen tries to accomplish this with their newl...
Porsche's Debt, Larger than 9Bn Euros?
20 Jul 2009, 10:43 UTC · By: Daniel Patrascu / The stall in which negotiations between German manufacturers Porsche and Volkswagen seem to have entered may be caused by an alleged 14 billion euro Porsche debt, much more than the 9 billion the co...
Volkswagen Golf, Europe's Top-Selling Car
20 Jul 2009, 09:49 UTC · By: Bogdan Popa / Volkswagen Golf continues to remain a good selling model and the most recent sales figures do nothing than to support this statement. The sixth-generation Golf is still topping its class and, accord...
Karmann Chairman Steps Down
20 Jul 2009, 07:15 UTC · By: Daniel Patrascu / After in late June one of the biggest independent automotive manufacturers in Germany, Karmann, announced the termination of the Mercedes Benz CLK convertible and basically sealed its fate, late las...
Porsche CEO to Get 100M Euros and Leave
17 Jul 2009, 14:05 UTC · By: Daniel Patrascu / It would appear that reports which surfaced yesterday in German media over a possible departure of Porsche's CEO, Wendelin Wiedeking may have some truth in them after all. A new report, publish...
Golf VI by RDX Racedesign
16 Jul 2009, 15:08 UTC · By: Alexandru Radu Chis / The German tuner prepared a complete body kit for the Volkswagen Golf VI. They turned their attention to the Golf VI because of its popularity, accessibility to the general public and the fact that ...
Porsche Denies Wiedeking Leaving
16 Jul 2009, 10:35 UTC · By: Daniel Patrascu / The still unsettled quarrel between German manufacturers Porsche and Volkswagen continues today with Porsche's turn to step in and deny media reports claiming that the company's CEO, Wende...
Volkswagen Invests $1Bn in Mexico
15 Jul 2009, 14:31 UTC · By: Daniel Patrascu / With its sights set on producing a new model at their Mexico plant starting next year, German manufacturer Volkswagen plans to invest no less than $1 billion to expand and retool the facility. The p...