Rumours of a possible cooperation between Suzuki and Volkswagen drove the two carmakers' share prices sharply up on Friday.
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Possible plans by Volkswagen to cooperate with Suzuki Motor Corp. raised an enthusiastic response among investors on Friday, but traders said the main focus at VW remained firmly on Qatar.
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Possible plans by Volkswagen to cooperate with Suzuki Motor Corp. raised an enthusiastic response among investors on Friday, but traders said the main focus at VW remained firmly on Qatar.
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Shares of Suzuki Motor Corp. raced to a 10-month high after a source said Volkswagen AG is exploring a deal to cooperate with the Japanese automaker to boost its presence in ultra-small cars.
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Volkswagen AG is exploring a potential cooperation deal with Suzuki Motor as a way to boost its expertise in the area of ultra small cars, a source familiar with the matter said, confirming a report in manager magazin.
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Volkswagen AG is exploring a potential cooperation deal with Japan's Suzuki Motor as a way to boost its expertise in the area of ultra small cars, a source familiar with the matter said today, confirming a report in manager magazin.
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Volkswagen AG is exploring a potential cooperation deal with Japan's Suzuki Motor as a way to boost its expertise in the area of ultra small cars, a source familiar with the matter said today, confirming a report in manager magazin.
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Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the car makers to merge, according to people involved in the talks.
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Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the car makers to merge, according to people involved in the talks.
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Sirius XM Radio and Volkswagen will include introductory three-month trial satellite radio packages to buyers of 'certified' used vehicles in the US as the heavily-indebted radio company looks for new sources of growth.
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To counter the sales slump, Porsche is planning to build at least one new, affordable entry-level car. The sports car maker, which is Volkswagen's dominant shareholder, wants to incorporate the Audi TTS's 2.0 V-6 TFSI engine in its Boxster.
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Volkswagen AG, among the automakers that have suffered the least in the United States this year, will temporarily shut parts of its Mexican plant starting next week until early August, a union spokesman said on Saturday.
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Volkswagen AG will have a "positive result" in the second quarter and would consider giving sports car maker Porsche a loan if asked, CFO Hans Dieter Poetsch said on Saturday.
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Volkswagen AG, among the automakers that have suffered the least in the United States this year, will temporarily shut parts of its Mexican plant starting next week until early August, a union spokesman said on Saturday.
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Germany's Volkswagen AG will have a "positive result" in the second quarter and would consider giving sports car maker Porsche a loan if asked, VW Chief Financial Officer Hans Dieter Poetsch said on Saturday.
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Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche Automobil Holding SE's core sports car business, the heavily indebted holding company said on Friday.
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Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche Automobil Holding SE's core sports car business, the heavily indebted holding company said on Friday.
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Mike Beamish, executive vice president and board member, Volkswagen Group of America, Inc. (VWGoA) today joined local elected officials and community leaders in the grand opening of the company's $30 million parts distribution center in Jacksonville, Fla.
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Sales of Volkswagen's Golf were up 32.1% year on year last month in a European new car market down 13.1% year-to-date.
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New-car sales in Europe fell by 4.9 percent in May but brands such as Dacia, Hyundai and Volkswagen were winners as many customers used government cash incentives to buy smaller cars.
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