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    Official: VW production boss Macht quits amidst MQB platform problems
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    Volkswagen Group has sacked – well, he left "by mutual agreement," at any rate – its production chief, Michael Macht, marking the second executive dispatched by the automaker in the last week. Macht, pictured above, left, with VW Group Chairman Martin Winterkorn, was the man ...

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    Report: VW's Winterkorn tells 20,000 staffers of big cost-cutting plans
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    During a gathering of 20,000 Volkswagen Group employees at company headquarters in Wolfsburg, Germany on Wednesday, CEO Martin Winterkorn dropped a bombshell. The boss stated that the automaker isn't operating efficiently enough and admitted the company needs to radically start cutting back to ...

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    Official: VW Group profits rise 27%, Americas still lag
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    Financially, things are looking up for Volkswagen Group overall, yet deliveries are still falling in the Americas. Worldwide, the automotive giant's profits after taxes rose 26.8 percent in the first quarter of 2014 to 2.47 billion euros ($3.4 billion). Total sales revenue was up 2.7 percent to ...

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    Report: Lamborghini Urus SUV to be assembled in Slovakia
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    Lamborghini is known for many, many things. Beautiful, exotic and expressive styling, extreme performance and eye-watering prices are Lambo hallmarks. But the Raging Bull is perhaps best known for building its cars by hand... in Slovakia? No, it's known for building its cars in Italy. But with ...

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    Report: Porsche to develop new line of engines for next Panamera
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    When the second generation of the four-door Porsche Panamera launches, it will likely be riding a new platform, complete with an all-new family of V6 and V8 engines, according to a report coming out of the UK. Autocar reports that the so-called MSB platform will likely underpin the Panamera, and ...

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    Report: VW targeting 10M sales in 2014
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    Volkswagen Group believes it can sell over 10 million vehicles in 2014, with hopes of overtaking Toyota as the world's largest automaker in the process. If VW can do it, it would meet that goal four years earlier than planned. Of course, Toyota isn't sitting still – it also hopes to top the ...

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    Report: VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
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    It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. ...

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    Study: Updated J.D. Power APEAL study shines on VW Group, Chevy
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    J.D. Power has just revealed the results of its 2013 APEAL Study, which looks at which brands have the most appealing cars based on sales figures, dealer inventory, brand loyalty, transaction and trade-in prices. The study was revamped for 2013, and places a larger focus on the new tech and ...

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    Report: Audi fires head of R&D, Wolfgang Dürheimer
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    According to Car and Driver, citing a report in Germany's Der Spiegel magazine, Audi has fired Wolfgang Dürheimer, the brand's head of research and development. Dürheimer had originally signed on as Audi's R&D boss in September 2012. Prior to that, he had served as the head for ...

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    Report: Volkswagen to add 50k jobs by 2018
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    Volkswagen still has its eyes set on becoming the top global automaker by 2018, and to get there, it's apparently going to need more boots on the ground. Automotive News Europe is reporting that VW is looking to increase its staff by 50,000 over the next five years – an increase of nine ...

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    Report: Audi settles CVT class-action suit over 2002-06 A4 failures
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    A class-action lawsuit, lodged against Volkswagen Group of America over alleged defects with the continuously variable transmissions (CVT) it put in 64,000 2002-06 Audi A4 and A6 models, has been settled. The German automaker has denied all allegations, telling the New York Times that it settled ...

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    Official: Luc Donckerwolke named Director of Design for Bentley
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    Bentley has announced Luc Donckerwolke will take over as the automaker's Director of Design. Donckerwolke started with Volkswagen in 1992 as a designer for Audi. Since then, he's worked with Škoda, Lamborghini and Seat in various design roles. His resume includes helping sketch out both the ...

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    Report: Future Bentleys to be built on Porsche platforms
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    Luxury, meet performance. Opulence, meet frugality. That's apparently the plan between two of Volkswagen Group's more posh brands, Bentley and Porsche, as they explore ways to stretch Euros and provide a little commonality between the two distinct brands. According to Autocar, Bentley will ...

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    Report: Audi exec reconfirms plans for BMW X6 rival
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    It's been a spell since we caught wind of the rumored BMW X6 fighter from Audi, but Automotive News Europe reports the vehicle is still in development. The publication quotes Walter de'Silva, design chief with the Volkswagen Group, as saying Audi will definitely launch a more athletic crossover ...

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    Official: Volkswagen cleared for MAN truck takeover
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    Volkswagen is on the rise, and has its eye on becoming the largest automaker in the world. But the VW Group is about more than just cars. Their considerable holdings and expanding corporate tree also encompasses several heavy truck manufacturers, and that part of the business has now been cleared ...

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    Official: Volkswagen Group names Paefgen head of classics program
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    You may remember the name Franz-Josef Paefgen. Until recently, the German engineer and executive was head of both Bentley and Bugatti. Before that he was chief executive of Audi, after working for several years at Ford. He technically "retired" earlier this year, but like the cars he helped ...

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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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    Microsoft and Volkswagen team up for in-car file storage
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    The House that Gates Built has teamed up with the Volkswagen Group to develop the next generation of automotive information and entertainment delivery strategies. A firm called e.solutions supplies Volkswagen with its infotainment software. Microsoft has signed an agreement to license its Extended ...

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    VW launching Seat in China?
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    Volkswagen is looking for ways to improve the dismal sales of its Spanish brand, Seat. Rather than simply shutting it down, officials apparently wants to use the brand to expand the VW Group's presence in emerging markets. Positioning Seat as a sporty alternative, Automotive News Europe says VW ...

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    Chinese women buying disproportionate percentage of exotic cars?
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    The number of Chinese millionaires is growing rapidly, and women account for a third of that rising, affluent population. This is good news to exotic car manufacturers because wealthy Chinese women are snatching them up like Italian pastries. Sales of high-end automobiles rose 60 percent last ...

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