Latest VW Stories
DETROIT, May 12, 2014 /PRNewswire/ -- Results of the 14(th) annual automotive industry study on the major US and Japanese automakers' working relations with their suppliers show the US Big Three are
FCP Euro announced today that it has expanded its product offering to include a full range of Volkswagen replacement parts for its customers.
FCP Euro announced today that it will be expanding their brand by offering to include Bosch OEM parts and products to its customers.
Officials at the largest automotive manufacturer in Europe have agreed to keep its Blackberry servers from sending emails to some employees when they are off the clock.
New supplier park includes two Magna operating units AURORA, ON, April 26 /PRNewswire-FirstCall/ - Magna International announced today that four of its operating units have been awarded new business from Volkswagen Group of America (VGoA), two of which will occupy space in the new supplier park Volkswagen is building adjacent to its Chattanooga, Tennessee, assembly facility. Magna will supply a wide variety of components and systems on Volkswagen's new mid-size sedan, which is estimated to...
DOHA, Qatar, August 14 /PRNewswire/ -- Qatar Holding LLC ("Qatar Holding") announced today that it has reached a final agreement with Porsche Automobil Holding SE ("Porsche" or "PSE") and the family shareholders of Porsche on Qatar Holding's investment in Volkswagen AG ("Volkswagen" or "VW"), Porsche and the integrated car manufacturing group which is expected to result from the combination of VW and Porsche. Under the agreement, Qatar Holding will acquire from PSE cash settled options...
Porsche announced Thursday Wendelin Wiedeking, its longtime chief executive, is stepping down, a move observers say may hasten a Volkswagen takeover. Also leaving the German company along with Wiedeking, who ran things at Porsche for 17 years, was Holger Haerter, Porsche's chief financial officer, CNN
German automaker Volkswagen is planning a complete acquisition of sports car manufacturer Porsche, sources say.
German automaker Porsche turned down an offer from Volkswagen Monday that would have transferred 49 percent of its sports car unit to its larger rival. Porsche said a financial penalty attached to the offer made the deal unfeasible, The New York Times reported Monday. The sale of Porsche A.G., its sports car business, for about $5.6 billion would immediately trigger repayment of $17.6 billion on a loan, Porsche spokesman Frank Gaube said. The merger was planned in two steps.