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    Report: VW makes $9.2B offer for rest of truckmaker Scania
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    Volkswagen owns or has controlling interests in three commercial truck operations: besides its own, VW began buying shares in Sweden's Scania in 2000 and now controls 89.2 percent of its shares and 62.6 percent of its capital, then bought into Germany's Man in 2006 - in order to prevent Man from ...

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    Report: VW is world's second-best-selling automaker, GM falls to third
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    Every year when we start talking about which automaker is the biggest in the world, there always seems to be at least a little bit of controversy. For 2013, Toyota handily took the top spot with 9.98 million sales, but it's the runner up spot between General Motors and Volkswagen that is starting ...

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    Report: Saab's Victor Muller wanted to nix Griffin, return to airplane emblem
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    According to Just-Auto.com Victor Muller wasn't a fan of the Saab Griffin logo. The executive was quoted as saying he wanted to "abolish" the Griffin logo and return to the airplane emblem. Muller made it clear that if he'd had his way, the propeller would have replaced the Griffin across the ...

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    Report: Volkswagen cuts sales projection by 140k for Europe
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    Volkswagen has dramatically cut its internal sales target for Western Europe for 2012. The estimate has been chopped by 140,000 vehicles according to Automotive News. In the report, Bernd Osterloh of VW is quoted telling German newspaper Handelsblatt, "The VW Group is tentatively selling more ...

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    Report: CEO says Volkswagen's buying spree is over
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    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 ...

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    Report: New owners still struggling to secure rights to use Saab name
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    Not to state the obvious, but if you're going to buy an automaker, it's probably advisable to secure rights to use the name. That's what the new owners of Saab are trying to work out after buying the iconic Swedish automaker earlier this month, Automotive News reports. National Electric Vehicle ...

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    Report: Volkswagen acquiring 55.9% stake in MAN SE to become Europe's largest truckmaker
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    There's plenty of room to get lost in the Volkswagen Group. In addition to the VW brand, the group controls Skoda, Seat, Audi, Porsche, Lamborghini, Bentley and Bugatti. But we can't forget its truck divisions. In addition to being Europe's largest automaker, VW is also one of its largest ...

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    Truckin': Scania to accept Porsche's "token" offer?
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    "Sometimes your cards ain't worth a dime if you don't lay em down." The Grateful Dead couldn't have realize it at the time, but in the legal world of Mergers & Acquisitions, the lyrics to its cult classic song Truckin' may prove prophetic.After acquiring majority stake in the Volkswagen group, ...

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    Not Much Obliged: Porsche makes mandatory offer on Scania trucks
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    Ever get the impression that the person offering you something doesn't really want you to take it? Well imagine that idea on a multimillion-dollar scale, as Porsche has submitted its obligatory low-ball offer on Scania.The Swedish truckmaker, formerly under the same ownership as Saab and sharing ...

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    Big Wig to Big Rig: Pischetsrieder to oversee truck merger
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    The earliest reports on the "resignation" of Volkswagen group CEO Bernd Pischetsrieder indicated that while he'd be replaced as chief executive, he would be retained to take on "special assignments". What such ambiguous duties might entail was a mystery, but it's looking like he may be put in ...

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    World's Most Beautiful Autos named
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    As part of the 22nd Annual International Automobile Festival, a team of judges has chosen its Most Beautiful Automobiles of the World for 2007, and no, the U.S. did not come home with a trunk of gold medals in this competition. We Americans will just have to be content with our two silvers.On the ...

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