Cars
Volkswagen, rumoured to soon fall under the control of Porsche - itself a long-time partner and family connector - owns many an automobile manufacturer. From Spain comes Volkswagen's sporty value badge, Seat. The Czech Republic is host to Skoda (a hot topic here @ GCBC), VW's funky but more conservative value badge. Audi is the mainstream luxury brand. Lamborghini competes in the supercar market. Bentley confronts the ultra-luxury field and Bugatti... well, Bugatti builds the $1million+ Veyron.Â
- Volkswagen Acquires 49.9% Stake In Porsche For €3.9 Billion
In a story that started out with Porsche trying to take over Volkswagen only to end up the other way around, VW made a significant step towards its plan to integrate the German sports car brand by announcing today that it acquired a 49.9% stake in Porsche...
- 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...
- 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...
- Volkswagen Usa Cracks Top 10 - How'd They Do It?
Not in any month during the second half of 2009 did Volkswagen of America sell enough vehicles to be a Top 10 automaker in the USA. Kia made it onto the list in July, August, September, October, and November. Lexus found its way into the Top 10 from...
- The More Things Change...
...The more things stay the same. Porsche is likely to increase its stake in Volkswagen today. That makes big news, and it is. Keep in mind that Ferdinand Porsche was the designer of the original People's car, the Volkswagen Beetle. It is that Beetle...
Cars
VOLKSWAGEN - NUMBERS
Volkswagen, rumoured to soon fall under the control of Porsche - itself a long-time partner and family connector - owns many an automobile manufacturer. From Spain comes Volkswagen's sporty value badge, Seat. The Czech Republic is host to Skoda (a hot topic here @ GCBC), VW's funky but more conservative value badge. Audi is the mainstream luxury brand. Lamborghini competes in the supercar market. Bentley confronts the ultra-luxury field and Bugatti... well, Bugatti builds the $1million+ Veyron. Such a grand automotive group produces grand numbers. Here are a few recent Volkswagen-oriented figures.
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550,000 - expected number of total worldwide new car sales across the Volkswagen Group in April
7 - percentage growth represented by 550,000 new vehicle sales, as opposed to April of 2007
2,120,000 - expected number of total worldwide new car sales for the first four months of 2008 by the VW Group
2.5 - worldwide growth, in percent, in the total automotive marketplace, significantly lower than Volkswagen's outlook for its group which will see a 7% increase over the first four months of this year
320,000 - of the half-million+ sales by the whole group of Volkswagen's brands, this many will come from the VW badge alone
71 - age of Volkswagen chairman Ferdinand Piech
180 - horsepower available to the 71-year old Piech on board his Ducati motorcycle, a bike made by the Italian manufacturer Piech wants Volkswagen to purchase
- Volkswagen Acquires 49.9% Stake In Porsche For €3.9 Billion
In a story that started out with Porsche trying to take over Volkswagen only to end up the other way around, VW made a significant step towards its plan to integrate the German sports car brand by announcing today that it acquired a 49.9% stake in Porsche...
- 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...
- 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...
- Volkswagen Usa Cracks Top 10 - How'd They Do It?
Not in any month during the second half of 2009 did Volkswagen of America sell enough vehicles to be a Top 10 automaker in the USA. Kia made it onto the list in July, August, September, October, and November. Lexus found its way into the Top 10 from...
- The More Things Change...
...The more things stay the same. Porsche is likely to increase its stake in Volkswagen today. That makes big news, and it is. Keep in mind that Ferdinand Porsche was the designer of the original People's car, the Volkswagen Beetle. It is that Beetle...