Volkswagen (VOWG.DE) expects global car markets to stagnate next year, a top executive said on Wednesday, calling on staff to help the world's third-largest automaker catch the sector leaders.
German car maker Volkswagen (VOWG.DE) has revised guidance on its bond issue backed by auto leases, an official at one of the banks managing the sale said on Wednesday.
Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.
Volkswagen's (VOWG.DE) premium unit Audi (NSUG.DE) expects to reach its unit sales target for China two years earlier than previously planned, Audi's head of sales told industry publication Automobilwoche.
Volkswagen's unit Audi expects to reach its unit sales target for China two years earlier than previously planned, Audi's head of sales told industry publication Automobilwoche.
Vokswagen (VOWG.DE), Europe's largest carmaker, is expected to take a stake in Japan's Suzuki Motor by the end of 2009, German industry publication Automobilwoche report, citing an unnamed Suzuki executive.
About 19,000 General Motors Co [GM.UL] workers in the Brazilian state of Sao Paulo went on strike on Friday, demanding better wages after failing to reach an agreement with the company.
Robert Maday, a dangerous Illinois convict who escaped on Thursday was captured in West Chicago Friday noon after he crashed when trying to escape police in a Volkswagen Jetta he hijacked.
Volkswagen (VOWG.DE) is planning to integrate its three different brands for light and heavy commercial vehicles under one roof, the group's head of sales and marketing said late on Thursday.
Speculation that Volkswagen (VOWG.DE) will try to incorporate Germany's MAN SE (MANG.DE) into a new trucks alliance gained momentum after comments from leaders of the sprawling automotive empire this week.
Executives at the Frankfurt Motor Show predicted a bumpy road to a car market recovery as they showcased their latest green technology, which they hope will transform the industry.
Opel's chairman warned that turning around the unprofitable automaker in the next few years would not be an easy road as the sale of the European carmaker to Canada's Magna (MGa.TO) drew a political storm.
News that European car sales rose for a third consecutive month in August helped lift the mood at the Frankfurt Motor Show, where automakers will showcase green technology they hope will transform the industry.
The head of Porsche's (PSHG_p.DE) core sports car business said he was warily upbeat about a rebound in 2010 after unit sales sank nearly a quarter -- twice as fast as revenue -- in the fiscal year to the end of July 2009.
Volkswagen's (VOWG.DE) powerful supervisory board chairman, Ferdinand Piech, left open the possibility of Europe's largest car maker acquiring further brands saying a dozen is easier to remember than ten.
Here are comments made by executives from the global automotive industry at the Frankfurt Motor Show this week on the economy and the industry outlook.
News that European car sales rose for a third consecutive month in August kicked off the Frankfurt Motor Show, where automakers are showcasing green technology they hope will transform the industry.
News that European car sales rose for a third consecutive month in August helped lift the mood at the Frankfurt Motor Show, where automakers will showcase green technology they hope will transform the industry.
The chief executive of Volkswagen (VOWG.DE), Europe's largest car maker, sees increasing signs for a recovery of the automotive market but cautions that the crisis is not over yet.
The chairman of German sports car maker Porsche (PSHG_p.DE), Wolfgang Porsche, is confident that a deal with Volkswagen (VOWG.DE) can be wrapped up within the next two years, he told Reuters on Monday.
British carmaker Bentley, owned by Volkswagen, is seeing some signs of revival in the super luxury vehicle segment and expects sales of premium cars to improve next year, one of its top executives said on Friday.
German carmaker Volkswagen (VOWG.DE) is bolstering its presence in Asia after approving 4 billion euros ($5.84 billion) in new investments for China and mounting another effort to build cars in Malaysia.
