Before Porsche CEO Matthias Müller was promoted to the Volkswagen Group supervisory board, he made remarks on his potential as a successor to Group CEO Martin Winterkorn. His comments were taken to mean he wasn't interested in the job, but he now says his words were misunderstood.
Investors are appealing a German court's ruling last year over a lawsuit regarding Porsche's attempted takeover of Volkswagen. It could cost the company $1.4 billion, but a German judge thinks the case is likely to be dismissed again.
A German newspaper reports that Porsche CEO Matthias Mueller will be promoted to the board of the Volkswagen Group, overseeing cooperation among its sports car brands. It isn't yet clear if he will keep hold onto his position at Porsche.
Audi Tradition has just completed a full restoration of this very rare 1956 DKW Elektro-Wagen. The company built around 100 of them from 1955 to 1962, but only two have survived to today. With a range estimated at 50 miles, the vans were primarily sold to places like energy companies and public utilities.
A Fistful of Wolves is a spoof of fashion advertising, commissioned by Mercedes-Benz to spread a cheeky word about Berlin Fashion Week. Even though it's making fun of fashion, plenty of automotive advertising gets caught up in the satire as well. And it stars the Mercedes C111 concept.
Germany has a target of having one million battery electric vehicles on its roads by 2020, but BEV sales are so miniscule that there's no way it can happen without subsidies. A German research organization is proposing a fuel tax to make it happen.
In a new video, BMW is taking a glance into the rearview mirror to reminisce about the M535i. With a 218-horsepower 3.5-liter inline-six, the model qualified as a super sedan in its day. Also, despite being made for only a couple of years, it brought the Bavarian brand's touring car racing success to the street and sowed the seeds for the M5.
It's a battle of tradition versus the new school, as Germany's Auto Bild stages a drag race between the BMW M4 and the i8. On paper, it looks to be a close race, but check out the video to see how it actually goes down.
Take a tour of the Porsche 911 engine factory in Zuffenhausen, Germany, as the company's flat-six mills are made in this video. The place is hypnotic in its efficiency to watch each part slowly come together to create these famously fantastic mills. Hardly any noise rises above the hum of the assembly line.
This month, Audi said it will boost spending by two billion euros ($2.5B US) over the next five years, for a total outlay of 24 billion euros from 2014 to 2019. Something like 70 percent of those billions will be spent on new models, technology like "connectivity and lightweight construction," and factory expansion at its plants in Ingolstadt and Neckarsulm.
With neighbor France reconsidering support for diesel vehicles, Germany is also staking its claim in an electric-powered automotive future. This isn't news – Chancellor Angela Merkel has been promoting the idea of a million EVs on German streets by 2020 despite slow sales for a while now and VW is sort of on board – but there will need to be some work done to make it happen. Only about 24,000 EVs have been sold in Germany.
Mitsubishi likes what it's seen from plug-in hybrid sales of its Outlander SUV in Europe. Now, it looks like the Japanese automaker will go back to that proverbial well within the next few years. And, once again, SUVs will be the medium.