KarmannVolkswagen

Volkswagen AG has announced it will be establishing a new manufacturing unit in Osnabrueck, located in VW's home state of Lower Saxony, Germany. Interestingly enough, VW will be purchasing the land, equipment, and machinery formerly owned by Karmann -- the coachbuilder and convertible roof ...

German coachbuilder Karmann has been in trouble since before the global economy caught its version of the swine flu, and from a workforce of 5,000 the company is down to 1,800. A huge order for VW electric vehicles was meant to keep the company going while it sorted out its issues, but even that ...

Volkswagen has struck a deal worth "at least 10 million euros" with Wilhelm Karmann GmbH to keep the insolvent coachworks and specialty builder alive so it can reorganize a new company and "focus on building electric-powered cars." ...

German coachbuilder Karmann could be on the block soon. The company, a longtime supplier to German automakers, has been having trouble getting contracts lately. The family that owns the company is reportedly considering all options, and some talks with potential buyers have already taken place. No ...