VOLKSWAGEN

The roughly 370,000 employees of Volkswagen and Porsche are striving initially to acquire a stake of up to 5 percent in the automotive group, VW's labor chief told a German newspaper.

The roughly 370,000 employees of Volkswagen and Porsche are striving initially to acquire a stake of up to 5 percent in the automotive group, VW's labor chief told a German newspaper.

Volkswagen's (VOWG.DE) Portuguese unit said on Thursday it was cautiously optimistic about a recovery trend in car sales in Europe and cancelled planned temporary layoffs of several days over the next two months.

Volkswagen AG (VOWG.DE) agreed on Saturday to give workers at its plant in Mexico a small raise, clearing the way to end a strike in an industry already hurt by the U.S. recession.

Honda Motor Co Ltd (7267.T) plans to develop an electric car to debut in the U.S. market by around 2015 as tighter environmental regulations push demand for zero-emission vehicles, the Nikkei newspaper said on Saturday.

Porsche's former CEO Wendelin Wiedeking is being investigated by prosecutors as part of a probe into suspected market manipulation in Volkswagen shares.

Volkswagen (VOWG.DE) could be interested in a tie-up with Japanese carmaker Suzuki Motor Corp (7269.T), Chief Executive Martin Winterkorn told a German magazine.

Expectations for 700 million euros ($990 million) of annual savings from Volkswagen AG's (VOWG.DE) planned merger with Porsche SE (PSHG_p.DE) were

German carmaker Volkswagen and Dutch investment company Fleet Investments BV won approval from European Union regulators on Wednesday to take joint control of Dutch car leasing firm LeasePlan Corporation NV.

Above sea level it's an idyllic landscape worthy of a magazine cover: The sun shining

Volkswagen (VOWG.DE), Europe's biggest carmaker, gave a wary outlook for world automotive markets on Monday even while reporting a third consecutive month of sales growth in July.

German carmakers Porsche (PSHG_p.DE) and Volkswagen (VOWG.DE) might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reported, citing VW's finance chief.

Opel labor leader Klaus Franz branded Volkswagen's renewed threat to pull business from Canadian auto parts supplier Magna if it acquires VW's closest German rival as tantamount to blackmail.

Opel labor leader Klaus Franz branded Volkswagen's renewed threat to pull business from Canadian auto parts supplier Magna if it acquires VW's closest German rival as tantamount to blackmail.

The previous chief executive of Volkswagen, Bernd Pischetsrieder, is favourite to head the supervisory board of German car parts maker Continental AG, magazine Der Spiegel reported, without saying where it obtained its information.

Volkswagen Chief Executive Martin Winterkorn is set to become CEO of Porsche SE as well, two people familiar with the situation said on Thursday.

Volkswagen on Thursday agreed to buy a 42 percent stake in the sports car unit of debt-ridden Porsche SE , another step toward combining the two German carmakers into a European automotive giant.

Volkswagen (VW) and Porsche have broadly agreed on details for a deal to combine two of Europe's most storied automakers, two VW supervisory board members told Reuters on Wednesday.

Volkswagen (VW) (VOWG.DE) and Porsche (PSHG_p.DE) have broadly agreed on details for a deal to combine two of Europe's most storied automakers, two VW supervisory board members told Reuters on Wednesday.

Volkswagen is targeting a decline in full-year sales of 5 percent, or not much below 5.92 million vehicles, from an earlier forecast for a 10 percent fall, group sales chief Detlef Wittig told Autogazette in an interview published on its website.

Germany's Volkswagen AG (VOWG.DE), Europe's biggest automaker, plans to produce 1 million vehicles in Brazil by 2012, 39 percent more than in 2008, Valor Economico newspaper said on Thursday, citing a senior company executive.