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0Report: Sergio Marchionne actually made $19M last year 1331935260
Remember when we told you that Sergio Marchionne didn't receive a paycheck from Chrysler during 2011? As it turns out, it's because he was busy raking in the big bucks from Fiat. Automotive News reports that Marchionne earned 14.5 million euros ($19 million U.S.) in 2011. The pay includes seven ...
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Report: Volkswagen to follow similar formula for new Phaeton 1329258660
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. A Volkswagen sedan that shares ...
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GM takes issue with VW chairman Winterkorn's statements about Opel 1310680920
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 ...
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Five questions we're asking auto execs at the start of 2011. What are yours? 1294100940
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. We will be at dinners, group interviews, one-on-one interviews and ...
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VW board votes to keep Winterkorn as CEO through 2016 1294068720
In a vote of confidence in his abilities, the Volkswagen Supervisory Board has elected to extend Dr. Martin Winterkorn's contract as the group's chief executive through 2016. The German auto giant's management structure works a little differently than most corporations in the United States, with ...
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Volkswagen CEO Winterkorn sticks around 1284121740
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 ...
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Will a lack of U.S. leadership derail VW's ambitious sales plan? 1279637880
2011 Volkswagen Jetta – Click above for high-res image galleryVolkswagen has big plans for the U.S. auto industry. By 2018, The People's Automaker plans to sell a combined one million VWs and Audis per year; or about three times current sales numbers. VW has a plant in Tennessee that will ... -
Volkswagen reconfirms EVs for 2013, next-generation vehicles to reduce weight 1279632660
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. Drawing a faint parallel to the original ...
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Report: Chung, Mullaly, Winterkorn named top car company CEOs 1279143120
Automotive News has put together its list of 2010 auto industry all-stars, and taking first place in American, European and Asian CEO categories are Ford CEO Alan Mulally, Volkswagen CEO Dr. Martin Winterkorn, and Hyundai-Kia CEO Chung Mong-koo. Hard to fault the choices, and it shouldn't come as ...
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REPORT: VW finished eating companies, will now focus on digestion 1261409460
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 ...

