Volkswagen models topped a Federal Office of Economics and Export Control (BAFA) list of car models that benefited most from the scrappage scheme introduced by the German government this year.
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Toyota will stop distributing Volkswagen cars in Japan at the end of 2010. The existing Volkswagen dealers under Toyota distributorship (called DUO) will move to a new direct dealer contract with VW Group of Japan (VGJ).
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Ordinary shares in Volkswagen dipped 3.12% to EUR73.87 in morning trading on Monday after VW said they would be replaced by preferred shares in the DAX index of German blue-chip stocks.
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Volkswagen is unlikely to make further strategic deals in the near future, CEO Martin Winterkorn said, suggesting an end to the company's recent spree which included the taking of a stake in Suzuki Motor.
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Volkswagen is unlikely to make further strategic deals in the near future, CEO Martin Winterkorn said after the company's recent spree which included taking a stake in Suzuki. He also said he expects VW to win further market share in 2010.
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The fact of the matter is that form and function can be dissociated if one wants it that way. Without naming any one vehicle, I can think of many cars and trucks that were design to look the part without ever being able to play the part. Some very seductive, some extremely functional but never equally both.
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Volkswagen is unlikely to make further strategic deals in the near future, CEO Martin Winterkorn said after the company's recent spree which included taking a stake in Suzuki. He also said he expects VW to win further market share in 2010.
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Suzuki,
Volkswagen
VW is unlikely to make further strategic deals in the near future, CEO Martin Winterkorn said after the company's recent spree which included taking a stake in Suzuki. He also said he expects VW to win further market share in 2010.
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Suzuki,
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Qatar has accumulated a 17 percent voting stake in Volkswagen AG and the Gulf state is set to take a seat on Porsche Automobil Holding SE's supervisory board.
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German carmaker Volkswagen won permission from European Union regulatory authorities on Friday to acquire car dealer Mahag Group. The European Commission said the transaction would not significantly impede competition in the European market.
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Qatar has accumulated a 17 percent voting stake in Volkswagen AG and is set to take a seat on Porsche Automobil Holding SE's supervisory board. The moves underline the more active role the Gulf state aims to play in the German auto industry.
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German carmaker Volkswagen won permission from European Union regulatory authorities on Friday to acquire car dealer Mahag Group. The European Commission said the transaction would not significantly impede competition in the European market.
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Volkswagen is linking the salaries of its top managers to customer and employee satisfaction, its head of labour relations has said.
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The former head of Volkswagen's works council has started a 33-month jail term for using his labour post to obtain sex and bribes, according to German press reports today.
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Former VW labor leader Klaus Volkert started a jail term for using his labor post to obtain sex and bribes. His trial included claims about glamorous prostitutes and sex parties.
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Former Volkswagen labor leader Klaus Volkert has started a 33-month jail term for using his labor post to obtain sex and bribes.
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Volkswagen is tying the salaries of its top managers to customer and employee satisfaction.
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Volkswagen
Volkswagen is tying the salaries of its top managers to customer and employee satisfaction.
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Volkswagen
Volkswagen is tying the salaries of its top managers to customer and employee satisfaction.
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Volkswagen