VW

Volkswagen, Porsche Merger Moves Forward, Qatar Gets Stake
Volkswagen, Porsche Merger Moves Forward, Qatar Gets Stake

After many months of corporate negotiations, the first step toward Germany's great auto unification is now clear: Volkswagen has agreed to pay €3.3 billion (roughly $4.7 billion) for a 42% stake in Porsche AG, which has been valued at €12.4 billion. Details of the subsequent steps involved in...Read More»

2009 Hyundai Genesis
2009 Hyundai Genesis Drives To The Top Of J.D. Power's Heap

The good times for Hyundai keep on rolling: J.D. Power and Associates has given top marks in its Vehicle Launch Index to the 2009 Hyundai Genesis. The Index "quantifies how well new vehicle models -- including new entries to the market and all new redesigned models -- perform during the first eight...Read More»

Porsche Volkswagen Merger
Feud Subdued: VW To Buy Porsche For $11.28 Billion

From Germany today comes news that the long struggle between Porsche and Volkswagen may be coming to an end. According to  German weekly Der Speigel, the Porsche and Piech clans -- which own 100% of Porsche SE -- have agreed to sell the entirety of their sports car unit, Porsche AG, to VW for...Read More»

Nielsen tracks diesel prices and online buzz
Nielsen: Diesel Prices And Diesel Hype On The Decline

Ethanol? Inefficient. Hydrogen fuel cells? Dead. (For now.) But surely everyone's still interested in diesel, right? Well, maybe not so much. The pollsters at Nielsen have been tracking America's online discussion of diesel, and they've noticed a curious trend: even as diesel prices have fallen 45%...Read More»

VW Logo
Volkswagen Invests South Of The Border

Volkswagen has set a lofty goal of tripling VW and Audi sales in the U.S. by calendar year 2018. To help meet that objective, the company began construction of a new factory facility in Chattanooga, Tennessee in May. Now comes word that the company is also investing a whopping $1 billion to expand...Read More»

2010 Volkswagen Passat
AdWatch: VW Passat Keeps You Living In Denial

Are you the sort of person who coasts through life with blinders on? Who avoids unpleasantness at all costs? Who shoves all those bills in a big ol' envelope and takes a dozen people to the Ginger Man for drinks? Well, according to the TV spot above--British, of course--you're a perfect candidate...Read More»

2010 Volkswagen GTI grill
The Coolest Car In Draganesti-Vlasca

Ah, Romania: home of quirky mid-century art, bloody communist repression, gypsies, and Dracula. Just like the textbooks say, it's a land of contrasts. Case in point: this unholy, Frankensteinish alliance of a Volkswagen and an Opel, billed as "the coolest car in Draganesti-Vlasca". We're not sure...Read More»

Porsche Volkswagen Merger
Porsche Planning To Sell Volkswagen Shares To Qatar

The bewildering Porsche/Volkswagen saga continues to evolve, and, we're sorry to say, it's become slightly more confusing today. To recap: Porsche owns a majority stake in VW, but only a slim one--just under 51%. Porsche also possesses options that allow it to buy additional stock in Volkswagen...Read More»

Dieter Zetsche
Daimler Makes Play For Porsche

German automaker Daimler AG (headed by Dieter Zetsche at left) is reportedly in talks to purchase a chunk of crosstown rival Porsche SE. That would open the door to some very interesting possibilities should the rumors prove to be true--though at the moment, both companies have shrugged off the...Read More»

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