• Dec 21, 2009
We have a feeling historians will spending a fair portion of next few years finding new words to describe just how bad this year was for the auto industry. And then, at some point, they'll get around to Volkswagen, a company that has been zagging while almost all others zigged. Over the last twelve months, VW has taken a stake in Suzuki, bought Karmann, won European Car of the Year, won the Dakar Rally, turned its eye to F1, released a litter of well received cars, put autonomous cars everywhere, thrown huge money at hybrids and electric cars, and made recycling fun. And it's building a $125 million dealership in Manhattan. And then there was that whole Porsche thing. And it took the crown of No. 1 automaker. We could continue, but there's a post to finish...

When it comes to mergers and acquisitions, remarks from company CEO Martin Winterkorn suggest that VW is finished doing its impression of 18th century England. "We are satisfied with the current line-up," he has told Automotive News. "I don't see any need (for further M&A activity)." That, in spite of his assertion that other companies "want to come under our roof."

VW will focus on what is sure to be a busy year ahead, integrating Porsche and its interest in Suzuki, at the same time as it gears up Karmann's factory for the Boxster, and builds its U.S. plant and prepares its new NMS model. Winterkorn is expecting VW's market share to increase in 2010, which might solidify a place at the top position; although after the shellacking General Motors and Toyota took while they wore the crowns, we don't know why VW would want the attention. And as for the end of M&A, perhaps Winterkorn hasn't heard the rumor about Piech's eyes on Ducati...

[Source: Automotive News – sub. req.]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 20 Comments
      • 5 Years Ago
      Reminds me of the saying "Don't bite more than you can chew".
        • 5 Years Ago
        For sure. And VW doesn't exactly have a quality reputation to fall back on either. I suspect it will be a short reign in the throne.
        • 5 Years Ago
        that's the point , VW knows how much to bite. they take small bites and then they start digesting.

        daleam , VW might not have a reliability reputation in the US , but the US is still a secondary market for them.
      • 5 Years Ago
      Maitre D: And finally, monsieur, a wafer-thin mint.

      Mr Creosote (err.. VW): No.

      Maitre D: Oh sir! It's only a tiny little thin one.

      VW: No. Eff off - I'm full... [Belches]

      Maitre D: Oh sir... it's only wafer thin.

      VW: Look - I couldn't eat another thing. I'm absolutely stuffed. Bugger off.

      Maitre D: Oh sir, just... just one...

      VW: Oh all right. Just one.

      Maitre D: Just the one, sir... voila... bon appetit...
        • 5 Years Ago
        Bravo! Let us hope that VW doesn't meet with the same end as that man did LOL!
      • 5 Years Ago
      no mention of Qatar taking a stake in VW, that was pretty huge too...
      • 5 Years Ago
      Saab's next.
        • 5 Years Ago
        er. no. VW has no use for a failed luxury brand.
      • 5 Years Ago
      No room for a small Swedish Meatball...? :-(
      • 5 Years Ago
      "VW finished eating companies, will now focus on digestion..."

      and will continue farting greenhouse gas (but it does fart very cleanly and efficiently with the TDi engines.)
      • 5 Years Ago
      When will the journalists figure out that VW never became the #1 automaker. One false report cascaded through so many segments of the media and now it's accepted as fact.

      For the record... from the official numbers from each OEM:

      Global Sales Volume (Jan.-Sept 2009)

      GM......... 5.52 million
      VW........ 4.79 million
      Toyota... 4.61 million
      Ford....... 3.38 million
      • 5 Years Ago
      I can't wait to see a Suzuki SX4 Carrera Edition...
      • 5 Years Ago
      Now all VW needs to really cover the whole spectrum of Automobiledom is a brand to make American-style cars: large, RWD and engines with lots of torque (V8 preferred but a twin-turbo V6 or Turbo Diesel could be good too).

      Hey the Pontiac brand is available......
      • 5 Years Ago
      "OM NOM NOM NOM" -Martin Winterkorn 2009
        • 5 Years Ago
        @MachinaDC5

        ROFTL!!
        It's not often that I say this but your comment was awesome. Hahaha
        • 5 Years Ago
        VW definitely went "blitzkrieg" fast in 2009...nearly conquering the "World", the Automotive World that is.
        • 5 Years Ago
        lmao :)
    • Load More Comments