Volkswagen announced Thursday that former Fiat S.p.A. Chief Marketing Officer Luca De Meo will start as marketing boss for its passenger car unit August 1. In January, Automotive News Europe was first to report De Meo would quit Fiat.
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Volkswagen announced Thursday that former Fiat S.p.A. Chief Marketing Officer Luca De Meo will start as marketing boss for its passenger car unit August 1. In January, Automotive News Europe was first to report De Meo would quit Fiat.
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The Governor of the State of Tennessee, Phil Bredesen, and Professor Dr. Jochem Heizmann, Member of the Board of Management of Volkswagen AG with responsibility for 'Group Production', will be joined today, Thursday (2.00 p.m. local time), by invited guests to celebrate the erection of the first wall at the new US factory in Chattanooga, Tennessee. The plant represents a major milestone for the Volkswagen Group in attaining its ambitious growth targets for the North American market.
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Hyundai Mobis is in talks with BMW and Volkswagen which could result in the first supply deal between a South Korean company and German carmakers.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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German financial markets regulator BaFin has started an investigation into possible market manipulation by Porsche linked to its attempt to take over Volkswagen, it was reported on Tuesday.
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Fiat's plan to combine Chrysler with Opel is unhealthy, according to Volkswagen chairman Ferdinand Piech.
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Porsche SE must trim debt before the sports-car maker can be incorporated into the Volkswagen AG structure as part of steps to combine the two automakers, Volkswagen chairman Ferdinand Piech said.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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Volkswagen Chairman Ferdinand Piech favors VW CEO Martin Winterkorn over Porsche boss Wendelin Wiedeking to run a combined VW/Porsche group.
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Volkswagen should play the lead role in any merger with Porsche Automobil Holding SE, the chairman of VW said in his first public comments on talks to fuse Europe's biggest automaker with the luxury sportscar group.
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The new company resulting from the merger of Volkswagen and Porsche will be based in Wolfsburg or Hannover, Spiegel magazine reported.
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Volkswagen has received more than 13,000 orders in Germany for its new Polo subcompact car prior to the market launch, the company said.
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Volkswagen on Monday said it would start local vehicle assembly operations "as a first step towards the long-term development of ASEAN markets in cooperation with [our] Indonesian partner company Indomobil".
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Volkswagen has got roughly 13,000 orders in Germany for its new Polo subcompact car prior to the market launch, VW said in a statement.
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Volkswagen took a first step in its South East Asia expansion strategy with a deal to assemble Touran minivans in Indonesia this year.
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The Porsche and Piech families will remain a dominant presence in the proposed merger between Volkswagen and Porsche, according to Der Spiegel magazine which at the weekend said the familes would hold about a stake of between 45 and 55%.
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