Volkswagen has pulled off a masterstroke hiring Hans Demant away from GM. Demant, a veteran of Opel, knows GM's past and near-future products inside out. VW plans to put Demant to work overseeing its new alliance with Suzuki.
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Suzuki has delayed the relaunch of its Swift small car in the United States until next year while it works on a global product strategy with Volkswagen AG and ponders the growing strength of the yen against the dollar.
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Suzuki has delayed the relaunch of its Swift small car in the United States until next year while it works on a global product strategy with Volkswagen AG and ponders the growing strength of the yen against the dollar.
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The head of Volkswagen's motorsport division says the manufacturer could be competing in the World Rally Championship as early as 2013 if plans are given the green light in the coming months.
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Unlike some of my colleagues, and one in particular I won't name who drools over the GTI even in pictures, I've always had a liking for the car but never had a crush on it.
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For years, the Volkswagen Jetta and its derivatives have basically owned the affordable German premium car marketplace. If a BMW proved too expensive, a Mercedes too flashy and an Audi too pretentious, the Volkswagen Jetta was a Bavarian sedan alternative that offered many of the same benefits of German lineage to shopper on a tighter budget.
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Klaus-Gerhard Wolpert, product chief for the Porsche Cayenne, has been appointed head of the product planning and management at partner Volkswagen, according to an unconfirmed report in Financial Times Deutschland.
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Volkwagen Motorsport's director Kris Nissen told journalists present at Rally Deutschland that VW is "very, very happy to see MINI and [...] three manufacturers."
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Volkswagen AG will probably hire Porsche AG manager Klaus-Gerhard Wolpert to succeed Matthias Mueller as the group's chief product strategist, according to two people familiar with the matter.
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Volkswagen is to launch its own insurance subsidiary after 62 years with the Allianz organisation.
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China's biggest automaker, SAIC Motor, has reported second quarter net profit up 266% on strong vehicle sales. The automaker, which also has joint car making ventures with General Motors and Volkswagen, booked an April-June net profit of CNY3bn (US$441m), compared to CNY818.9m a year earlier, it said in a stock exchange filing.
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Fiat has poured cold water on widespread speculation it will sell its Alfa Romeo subsidiary to Volkswagen.
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Volkswagen's Audi luxury brand will start selling the new A1 compact outside Europe next year and is increasing production to meet higher demand, Audi sales chief Peter Schwarzenbauer said.
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Rumors that Volkswagen could buy Fiat's money-losing Alfa Romeo brand resurfaced this week. Why? Because it makes a lot of sense all around. If I were Fiat CEO Sergio Marchionne, I would sell Alfa.
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Volkswagen has appointed previous Opel managing director Hans Demant as head of international project coordination effective 1 October.
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Former Opel Managing Director Hans Demant will move to Volkswagen AG to take charge of international project coordination, VW announced today. Demant, who starts his new job Oct. 1, will report to VW CEO Martin Winterkorn.
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