The head of Europe's biggest carmaker says the prospects for hydrogen vehicles are vanishing into thin air. Yes, when recently asked about fuel-cell technology, Volkswagen CEO Martin Winterkorn said it's nearly impossible to build those vehicles at a "reasonable cost."
Whatever Volkswagen has done to get to the position of dominance in the European – and indeed the global auto industry, it's clearly been working. But some of its decisions still leave us scratching our heads. The Phaeton is one such four-wheeled decision.
Volkswagen CEO Martin Winterkorn has apparently ruffled some feathers at General Motors. The American automaker took the time to release a scornful statement about the VW executive's comments toward the beleaguered Eureopean brand, Opel. Apparently, Winterkorn took the time to comment on what he believes the brand faces in the near future while speaking with Frankfurter Allgemeine Zeitung, fuelling speculation that Opel is in dire straits and that a sale may be on the horizon. GM shot back by sa
According to Auto Motor und Sport, Volkswagen chief executive officer, Martin Winterkorn, has loosely committed to launching a plug-in hybrid version of every model in the German automaker's future lineup of vehicles. Winterkorn told Auto Motor und Sport that plug-in hybrids have a considerable advantage over electric-only vehicles and, as such, the automaker's near-term future will be chock-full of plug-in hybrids.
The Detroit Auto Show is coming up. After that, we go to the Chicago Auto Show. Then New York and maybe Geneva. We are going to hob-knob with most of the auto industry titans: CEOs, Design Chiefs, Product Development Bosses.
The powers that be at Volkswagen have elected to keep Martin Winterkorn, the company's current CEO, on board for at least a few more years. Winterkorn has been instrumental in the German manufacturer's march toward global domination, and is looking to complete a merger with Porsche to become the world's number one automaker.
Speaking outside its Electronics Research Lab in Palo Alto, CA, Volkswagen chairman Dr. Martin Winterkorn reconfirmed the automaker's commitment to bring electric vehicles to market in 2013, beginning with the eGolf compact and eUp! city car.
Speaking outside its Electronics Research Lab in Palo Alto, California, Volkswagen chairman Dr. Martin Winterkorn reconfirmed the automaker's commitment to bring electric vehicles to market in 2013, beginning with the eGolf compact and eUp! city car.
We have a feeling historians will spending a fair portion of next few years finding new words to describe just how bad this year was for the auto industry. And then, at some point, they'll get around to Volkswagen, a company that has been zagging while almost all others zigged. Over the last twelve months, VW has taken a stake in Suzuki, bought Karmann, won European Car of the Year, won the Dakar Rally, turned its eye to F1, released a litter of well received cars, put autonomous cars everywhere
As you can see from the image above depicting Osamu Suzuki, chairman and CEO of Suzuki Motor Corp. and Martin Winterkorn, his counterpart at Volkswagen AG, the two auto companies have agreed to link arms. Volkswagen has properly announced that it has "reached a common understanding to establish a close longterm strategic partnership" with Suzuki Motor Corporation. The union means VW will buy 19.9% of Suzuki, then Suzuki will spend half the money they just received from Volkswagen reciprocating b
Germany's Spiegel Online is reporting that currency concerns will force Volkswagen to not sell the upcoming Mk VI Golf in the United States, Brazil, and Australia. It all boils down to profitability, and it appears that the forthcoming Golf simply cannot be sold in our market (or Brazil or Australia) in the current economic climate without falling short of VW's targets. Thus, Spiegel reports that VW boss Martin Winterkorn told a meeting of the board that the next Golf won't make an appearance he
It looks like Porsche's aggressive advances at Volkswagen are less than welcome by Volkswagen's management. Its CEO, Martin Winterkorn, has warned Porsche to keep its mitts out of operations, saying that he will resign his position if there's interference. Winterkorn isn't alone in his agitation, as Der Spigel reports Audi managers are concerned that Porsche will go a-meddling in Ingolstadt once its stake increases above 50 percent. Though VW, Audi, and Porsche are all cousins of a sort, Audi's