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Nov
12th

VW buying Potamkin’s flagship store in Manhattan

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Volkswagen Group of America today signed an agreement to buy the Potamkin family's flagship dealership in Manhattan and convert it into VW and Audi stores. Full story...
Nov
12th

GERMANY: Ex-Conti CEO to take on new role at VW

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Karl-Thomas Neumann, ousted as chief executive of Continental, is rejoining Volkswagen as head of a new unit responsible for developing electric mobility. Full story...
Nov
12th

WInterkorn expects Neumann to play key role in VWand#8217;s electric cars

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Volkswagen AG CEO Martin Winterkorn thinks the company has found the right person to lead its work in a and#8220;crucial technology. Full story...
Nov
11th

VW hires ex-Conti boss Neumann to lead EV group

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Former Continental AG CEO Karl-Thomas Neumann will return to Volkswagen AG in the newly created role of group chief officer in charge of electric vehicles. He will report to VW CEO Martin Winterkorn. Full story...
Nov
11th

VW hires ex-Conti boss Neumann to steer electric cars

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Former Continental AG CEO Karl-Thomas Neumann will return to Volkswagen AG in the newly created role of group chief officer in charge of electric vehicles. He will report to VW CEO Martin Winterkorn. Full story...
Nov
11th

VW hires ex-Conti boss Neumann to be electric car guru

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Former Continental AG CEO Karl-Thomas Neumann will return to Volkswagen AG in the newly created role of group chief officer for electric traction. He will report to VW CEO Martin Winterkorn. Full story...
Nov
11th

Volkswagen : New Chief Officer for Electric Traction and General Representative

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The Supervisory Board of Volkswagen Aktiengesellschaft has appointed Dr. Karl-Thomas Neumann (48) as the Group Chief Officer for Electric Traction with effect from December 1, 2009 and made him a General Representative. In the newly-created function of Group Chief Officer, he reports direct to the Chairman of the Board of Management, Prof. Dr. Martin Winterkorn. Full story...
Nov
10th

2010 Automobile of the Year: 2010 Volkswagen GTI

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2010 Automobile of the Year: 2010 Volkswagen GTI
2010 Volkswagen GTI - 2010 Automobile of the Year - Automobile Magazine
Yes, the VW GTI is our Automobile of the Year. Again. The last-generation car got the nod only three years ago and now its successor, the sixth-generation GTI, walks away with the trophy as well.

Yes, the VW GTI is our Automobile of the Year. Again. The last-generation car got the nod only three years ago and now its successor, the sixth-generation GTI, walks away with the trophy as well. How is it that, for the first time since we started naming an Automobile of the Year exactly twenty years ago, we have deemed a single make and model vehicle worthy of our top award not once, but twice? It's very simple. Because the Volkswagen GTI continues to burn the affordable-enthusiast-car flame like no other vehicle in the world. Because the new, Mark 6 GTI, although only a mild update to the Mark 5 GTI, made a good thing even better. Because, as we pointed out in our February 2007 issue, the GTI is "the right car for our times. Hell, it's the right car for any time." And because, as we also stated three years ago, "what the world really needs now is not cars that are fast, but cars that are practical, fuel-efficient, and fast." Not to mention affordable and fun. The 2010 VW GTI is all this, and more.inline_mediumwraptextright31239771/features/awards/1001_2010_automobile_of_the_year_2010_volkswagen_gti1001_01_z+2010_volkswagen_gTI+front_three_quarter_view.jpgTrue


Photo Gallery: 2010 Volkswagen GTI - 2010 Automobile of the Year - Automobile Magazine


Full story...
Nov
10th

Qatar sells half VW shares; gets 1.5B for new deals

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Qatar has sold half its Volkswagen AG preference shares, cashing in on recent gains and raising around 1.5 billion euros ($2.4 billion) for possible future deals. Full story...
Nov
10th

Qatar sells half VW shares; gets $2.4B for new deals

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Qatar has sold half its Volkswagen AG preference shares, cashing in on recent gains and raising around 1.5 billion euros ($2.4 billion) for possible future deals. Full story...
Nov
10th

Qatar to sell 25 million VW shares; aims to boost stock’s liquidity

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Qatar Holding LLC plans to sell up to 25 million preference shares in Volkswagen AG worth roughly 1.8 billion euros ($2.70 billion) to boost the stock's liquidity, it said on Tuesday. Full story...
Nov
9th

GERMANY: Porsche finds Härter replacement

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Porsche has named Lutz Meschke as its new Executive Vice-President Financial Affairs. The position has been vacant since the resignation of Holger Härter in the summer during the political turmoil that saw Volkswagen take control of Porsche as well as the exit of Porsche CEO Wendelin Wiedeking. Full story...
Nov
9th

Porsche names Meschke to succeed Haerter as finance boss

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Porsche AG has named Lutz Meschke as its new finance and purchasing chief. He succeeds Holger Haerter who quit in July when the sports car company's bid to take over the much-larger Volkswagen AG failed. Full story...
Nov
9th

Porsche names new finance and purchasing boss

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Porsche AG has named Lutz Meschke as its new finance and purchasing chief. He succeeds Holger Haerter who quit in July when the sports car company's bid to take over the much-larger Volkswagen AG failed. Full story...
Nov
6th

Audi raises 2009 unit sales outlook, exec tells paper

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Volkswagen AG's premium brand Audi expects its vehicle sales to fall less than previously thought to more than 920,000 vehicles this year instead of about 900,000, Audi sales chief Peter Schwarzenbauer told a German newspaper. Full story...
Nov
5th

2009 Volkswagen GTI Review

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The GTI has been associated with driving enthusiasts for over 33 years. A true industry icon, it remains a major player in the high-performance compact car segment today. You could say that the GTI is the first of its class, a class where it forged the standards. Full story...
Nov
4th

THAILAND: VW may drop plans for Proton alliance

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Volkswagen may abandon plans to build an eco car plant in Thailand in favour of developing a more comprehensive alliance with Proton in Malaysia, according to Vallop Tiasiri, president of the Thailand Automotive Institute (TAI). Full story...
Nov
2nd

SPAIN: Builder wants to do EV infrastructure with Seat

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Spanish builder ACS is negotiating a tie-up with Seat to develop technology and infrastructure for electric cars, local media reported, citing unnamed sources close to Seat owner Volkswagen. Full story...
Nov
2nd

RUSSIA/GERMANY: VW wants major role in Russia’s economy

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Volkswagen's Russian subsidiary Volkswagen Group Rus wants to be the first foreign company included in the Russian government's list of some 300 companies that are integral to the economy, RBC Daily, a Moscow-based business newspaper, reported on Monday. Full story...
Nov
2nd

BRAZIL: Updated VW Fox not for Europe

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Volkswagen Brazil has updated the Fox hatchback for the time since launch in October 2003 with the new 'corporate nose' and other detail changes but, unlike its predecessor, the updated one won't be exported to Europe. Full story...
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