Volkswagen is already the top foreign automotive investor in Russia, representing five brands: Volkswagen; Skoda; Audi; Seat and Volkswagen commercial vehicles. Rencently, however, Volkswagen’s management board member Michael Macht, announced [...]
Tag Archives | volkswagen ag
Volkswagen Ends Buyouts In Favour Of Consolidation
With a long list of brands under their belt, Vokswagen have decided to tell their mergers and acquisitions department to take a holiday. Bloomberg reports that the ever-expanding Volkswagen Group, [...]
Volkswagen Acquires Porsche
Following years of negotiations, Volkswagen has finally announced its buyout of Porsche. The remaining 50.1 percent stake in Porsche will cost Volkswagen €4.46 billion, completing a takeover bid that began in [...]
Audi Takes Control Of Ducati
It’s official, luxury automaker Audi is buying Italian motorcycle manufacturer Ducati. While details of the sale haven’t officially been disclosed, Reuters is reporting that Audi paid some €860 million for [...]
Suzuki Takes Volkswagen To Court
Suzuki has just released a press statement saying that, because of the Volkswagen Group’s unwillingness to sell back 19.9% of its own shares, it has made the decision to take [...]
Volkswagen And Suzuki Rumble Continues
The feud between Volkswagen Group and Suzuki Motors Corp. continued on Monday, (yes, it looks like a bit of a slap from the bigger German brand to us too), as [...]
Porsche & VW Looking To Work More Closely
With Porsche now owned by Volkswagen AG, the time has come for the two German companies to start sharing platforms and technology. Detlev von Platen, CEO of Porsche Cars North [...]
Volkswagen Polo Scoops 2010 World Car Of The Year Award
The new Volkswagen Polo has been named as the 2010 World Car of the Year. This is the second year in a row that a Volkswagen model has been crowned [...]
