Cars
Martin Winterkorn Steps Down As Porsche SE Chairman
While Martin Winterkorn is no longer the CEO of the Volkswagen Group, public pressure has forced him to give up the most important of four other key positions he held within the company.
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Volkswagen Group Wants To Complete Acquisition Of Porsche Before 2014
At the annual general meeting of Porsche SE in Stuttgart on Monday, the company's CEO Martin Winterkorn told shareholders that the Volkswagen Group wants to buy the second half of the sports car maker before August 2014 when the acquisition would...
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New Porsche Small Suv Confirmed By Vw Group Ceo, Says It May Be Called "cajun"
According to Volkswagen AG CEO Martin Winterkorn himself, there's a new baby Cayenne in the works. In an interview with German magazine Der Spiegel, Winterkorn said Porsche "will get a new SUV, a smaller brother to the Cayenne which might be...
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Volkswagen And Porsche Close Merger Deal
Europe's largest automaker, Volkswagen, and Porsche announced today that they reached an agreement to merge their operations to create an integrated automotive group led by VW. Under the agreement, Volkswagen will buy a 42 percent stake in Porsche's...
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Vw Group To Launch More Than 20 Completely New Models By 2010
During his speech at the Volkswagen Group's Annual Media Conference and Investor Conference on March 12, Prof. Dr Martin Winterkorn, Chairman of the Board of Management of VW AG, revealed that the automaker that is made up of nine brands including...
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Volkswagen Group Officially Takes Control Of Scania
The Volkswagen Group has received the necessary antitrust approvals from the E.U. and other countries worldwide to buy the majority of stakes in Swedish truck manufacturer Scania AB. Earlier this year, the German Group had reached an agreement with Investor...
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