German carmaker Volkswagen has won approval from the European Union (EU) to buy Volkswagen Group Ireland, an exclusive importer and wholesale distributor of VW, Audi and Skoda cars in Ireland ...
BRUSSELS, Belgium -- The European Commission is preparing to take Germany to court to force it to change a new law that would allow the state to block a takeover of Europe's biggest car maker Volkswagen, an EU spokesman said Tuesday.
Series of plans Shanghai Volkwagen for new products are coming to an end. This means that the new generation Passat will adopt the model of Lavida; Shanghai Volkwagen will not invest money to produce the Golf Plus; Shanghai Volkwagen will release 100 percent independent brands; and the new Polo w...
A person from Vollswagen (China) revealed Wednesday that the company will build a new DSG twin-clutch gearbox factory in Dalian, Liaoning Province, and it will be completed in 2012. Once in operation, the annual production of DSGs will be over 500,000 units. The DSG twin-clutch gearbox has the ad...
Merger talks hit a road block as the carmakers bicker over debt.
The two-month rally is not turning negative yet, but auto-sector disappointments slow gains down.
Merger talks hit a road block as the carmakers bicker over debt.
-- Jonathan Ford and Alexander Smith are Reuters columnists. The opinions expressed are their own -- LONDON, May 15 - The families that control Porsche have made it clear what they want from a merger...
The automakers' merger can work if their management teams stop squabbling.
But Porsche may first have to do a highly-dilutive rights issue to pay down its debt.