After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while.

"We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German newspaper Handelsblatt.

Rumors of VW's pending purchase of Malaysian carmaker and Lotus owner Proton have been swirling for a while – as recently as July. And a year ago, VW Chairman Ferdinand Piëch implied interest in relieving Fiat of its Alfa Romeo brand. But Winterkorn says his company is just too busy integrating Porsche and Ducati into the corporate structure to add any more brands right now.

"That I find Alfa Romeo an interesting brand is not a secret," Winterkorn said. "But we are currently busy enough with our brands."

At least one industry analyst, Michael Punzet of DZ Bank, thinks VW wouldn't pass up a bargain-priced Alfa or Proton if offered. "But at the moment I guess they are really focusing on integrating Porsche AG and consolidating the truckmakers MAN and Scania," Punzet said.

Read the full story at Bloomberg.



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
  • 13 Comments
      Street King
      • 2 Years Ago
      He only wants Alfa because he knows that under FIAT its going to do SERIOUS damage to Audi sales once it gets rolling again with a fresh line-up of models. Thats it and that all about that deal. IF they did buy Alfa, they would just end up being re-skinned Audi's anyway.
        Georg
        • 2 Years Ago
        @Street King
        LOL Audi second largest luxury barnd in the world... who is Alfa? Alfa is struggeling as they always did with extrmely shitty reliablity records and tons of blow of engines... That does not help that they are nicely designed and have nicely to look at interior ... every brand VW gets its hands on is doing extremly well after a short time... best example Lamborghini currently Alfa use shitty Fiat/GM platforms Mito platform GM/Fiat SCCS Giulietta platform Fiat C-Evo RC platform from Maserati 159 platform GM/Fiat Premium the 3.2l V6 in the 159 is from Holden Aussi the 1.8 is from Opel Germany currently Alfa is thrown together from many brands something...
          alberto.muscio
          • 2 Years Ago
          @Georg
          Dear Georg, please note that: Alfa DID with extrmely shitty reliablity records, but not more - take some more recent information. Moreover: Mito platform: GM/Fiat SCCS - correct, but it is still a good platform, more Fiat than GM Giulietta platform Fiat C-Evo - not so shitty, it is the same one of Dodge Dart... RC platform from Maserati - correct, but is it shitty? 159 platform GM/Fiat Premium - production ceased the 3.2l V6 in the 159 is from Holden Aussi - production ceased the 1.8 is from Opel Germany - dismissed, do not confuse it with the turbocharged DI of 4C, which is from another engine family without any commonalities eithr with GM/Opel 1.8-2.0L or Chrisler WME Then you forgot common rail diesels and multiair turbocharged, all clearly shitty engines... Maybe you are true about Alfa and Audi, but you information level is clearly shitty...
          quuppa70
          • 2 Years Ago
          @Georg
          so what about Audi, its all VAG stuff, its even worse than Alfa, Alfa has more own stuff than Audi, which shares most of its components with Skoda and Seat, you better read more to learn things..
      Teleny411
      • 2 Years Ago
      Alfa won't be leaving Italy any time soon. Lancia on the other hand.... Toyota should scoop up Lotus.
        • 2 Years Ago
        @Teleny411
        [blocked]
          sanmusa
          • 2 Years Ago
          Current Lancias are so ugly you don't want to look at them anyway.
      Carlos Cruz
      • 2 Years Ago
      I wish they would have purchased Navistar International before ending the shopping spree. With Paccar, Daimler and Volvo, its tough for International to do any R&D and spread costs around many marquees.
      MyerShift
      • 2 Years Ago
      Picture creates the notion that he is licking his chops now that the plan is put together, execution may now go forward. Mwaha!
      sanmusa
      • 2 Years Ago
      It would have been great if VW bought SAAB, then SAAB and Scania would be together again.
        • 2 Years Ago
        @sanmusa
        [blocked]
      techie69
      • 2 Years Ago
      Yup buying spree is over because there isn't any money in the coffers! You actually got sell cars(that last) and make a profit(without putting shody parts like Dell did)!
    • Load More Comments