When the May 6 issue of Forbes Magazine hits the stands, the Volkswagen Group’s own Martin Winterkorn will be on the cover. Winterkorn’s presence there is representative of a series in which the group is one of the businesses that “own the world” according to the magazine.
More…
Each year at Geneva the Volkswagen Group takes the night before the first press day to offer invited guests a sneak peek of what they’ll see on the various group displays tomorrow at the Geneva PalExpo. For Audi this was headlined by an RS 6 Avant in red and a the A3 e-tron design study. [...] More…
There’s no doubt that the Volkswagen Group towards modularity is an all-encompassing strategy for the multi-national car manufacturer and Audi parent. MLB was the first serious move towards this end, though the philosophy is well on the move and visible in component sets like the EA-888 engine family, the MIB infotainment matrix as well as [...] More…
It never fails that comments made by Volkswagen Group Chairman Ferdinand Piech tend to be dissected to a level nearly unparalleled in the auto industry. Piech is the grandson of Ferdinand Porsche and the main man behind notable happenings as Audi’s move to quattro and the Porsche 917. He’s been the main catalyst for the [...] More…
The Volkswagen Group recorded a further increase in worldwide vehicle deliveries from January to November, topping the eight million mark for the first time in this period. In total, 8.29 (January – November 2011: 7.51; +10.4 per cent)* million vehicles were handed over to customers in eleven months. The Group also performed well in the month of November, delivering 794,500 (November 2011: 711,500; +11.7 per cent)* units. ‘We have already delivered more vehicles after eleven months than during the whole of last year. That is an outstanding achievement, particularly in view of the continuing difficult situation on some European markets,’ Group Board Member for Sales Christian Klingler said in Wolfsburg on Friday, and added: ‘Despite this year’s new delivery record we are already preparing for a very challenging year in 2013.’
More…
When it comes to purchasing a boutique brands and injecting them with the resources of a global automotive giant without breaking down their root DNA, no one quite does it like Audi parent, the Volkswagen Group. Lamborghini, Bentley and Bugatti have all been brought back from either archaic product and practices to full on brink of destruction and are all alive and thriving today. Given these three, we’re always curious what would come of acquisition of any of our favorite boutique brands and one of those is Lotus.
More…
We’ve got plenty of new and original content that we’re still pushing from the Paris Motor Show. Attached is a link to the Volkswagen Group reveal night, including Audi’s own rollout of the A3 Sportback and further rollouts from its subsidiaries Ducati and Lamborghini. More…
• Accelerated integration model permits combination of automotive business with expected effect as from August 1, 2012 • Porsche’s automotive business will be contributed in full to the Volkswagen Group ahead of schedule for around €4.46 billion plus one Volkswagen ordinary share • Net synergies of approximately €320 million from the accelerated integration will be split 50:50 between [...] More…
For years now I’ve had the Wörthersee Treffen in Reifnitz, Austria on my bucket list of shows I’ve wanted to attend. I’ve seen the photos, watched the videos and heard all the stories. So I finally bit the bullet and headed over to Austria to see what this show was all about.
More…
Yesterday Audi chose to reveal its purchase of Italian motorcycle manufacturer Ducati at the 2012 Volkswagen Group Annual General meeting. We’ve gathered a collection of photos from the event that are posted here and the full set via a link at the bottom of this post. Below are several shots worth noting, along with highlights [...] More…
The Volkswagen Group announced a strong rise in deliveries during the first quarter of 2012. The company delivered 2.16 (January-March 2011: 1.97; +9.6 percent)* million vehicles, surpassing the two million mark for the first time in the first quarter of a year. The Group also reported record deliveries for the month of March: 862,700 (March 2011: 767,100; +12.5 percent)* vehicles were delivered to customers for the first time ever in a single month. “The Volkswagen Group developed very well in the first quarter. We produced another strong performance in North America, China and Russia. However, uncertainty continues, particularly on the markets in Western Europe”, the Group Board Member for Sales, Christian Klingler, said in Wolfsburg on Friday. More…
The Volkswagen Group again reported record vehicle sales, sales revenue and earnings in 2011 and is confident about its prospects for 2012. “The Volkswagen Group has extended its string of unbroken successes in 2011. We are making steady progress on our way to pole position in the automotive industry,” said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, on Monday during the presentation of the Company’s 2011 financial results.
More…