Martin Winterkorn

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 raise its profit margins. To right the ship, Winterkorn has proposed killing off less profitable models and spending less on research and development.

Broadcasting from its "Mobile Life Campus" in Wolfsburg, Germany (and crowing about Germany's World Cup win last night), Volkswagen has just announced that its new "Midsize SUV" will be built at the company's Chattanooga, TN manufacturing facility. Further, the company says it will establish a new "National Research & Development and Planning Center" at the Tennessee campus.

Volkswagen AG is in the middle of implementing a comprehensive electric vehicle strategy, one that we've been documenting for a long time. The Group stands ready to offer dozens of plug-in vehicles in the coming years Sebastian Blanco

Volkswagen will do its part to ensure that Germany reaches a government goal of having one million electric vehicles on the country's roads by the end of the decade. With a catch.

Each year, the Vienna International Motor Symposium showcases some of the up-and-coming technologies automakers are engineering for the use in passenger cars, and Volkswagen AG CEO Martin Winterkorn revealed some big developments VW is working on for its future products. Winterkorn discussed a multi-faceted approach that VW is looking to reduce its fleet fuel consumption and exhaust e

Almost four years ago Seat got a new CEO, James Muir, tasked with the job of creating a sustainably profitable division out of Volkswagen's Spanish brand. Three years ago Volkswagen CEO Martin Winterkorn publicly explained that the home of the Ibiza was Jonathon Ramsey

Amidst slow auto sales in Europe, top executives at both Volkswagen and Daimler AG will be receiving pay cuts in 2013, which comes at the same time as conflicting reports of a possible pay increase for General Motors CEO Dan Akerson (right). According to Automotive News Europe<

The throw-down between Fiat CEO Sergio Marchionne and Volkswagen has heated up in earnest. According to Bloomberg, Fiat and Chrysler are now offering current Volkswagen owners in the US $1,000 rebates to trade in their ride. It's the latest in a series of shots Marchionne has taken a

Automotive News has announced its annual list of Industry All-Stars. This year, the theme is apparently "success in the face of economic uncertainty," or something of that liking. The list points to executives who have led their respective brands and automakers to positive sales in spite of the European financial crisis and slowing sales in China. See the list below, and you'll understand why:

Volkswagen Group Chairman Ferdinand Piëch has seen his fair share of executives leave the company's brands during his time at the helm, but according to Automotive News, he now openly regrets allowing Audi designer Peter Schreyer to go. During a rare interview – with a

We've been hearing rumors and reports about a seven-passenger crossover or SUV from Volkswagen, dating back to 2008. Now it seems like the German automaker could be closer than ever to offering such a vehicle. This new utility vehicle has now been mentione

Big Three Bracing For Bad News From Overseas

Fiat chairman Sergio Marchionne said Friday he will keep his title of President of the European Automotive Manufacturers Association [ACEA], a day after he excoriated Volkswagen executives for calling for his resignation and suggesting in public that Fiat would not survive the economic recession in Europe without a government rescue.

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.

Martin Winterkorn is a happy man: Volkswagen is putting up big numbers in North America, its latest field of dreams, Audi, is breaking records every month, there are exciting cars in the pipeline – from Bugatti down to the XL1, Porsche's digestion continues, and now Skoda and especially Jonathon Ramsey

Someone at the Frankfurt Motor Show caught Volkswagen Group CEO Martin Winterkorn investigating a Hyundai i30 as if he was just like one would expect from an intrigued engineer at a rival company. It might be too much to infer that the Herr Doctor is impressed by what he finds, but there is no doubt that he's got some questi

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

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 Porsche range spans thus: 911, Panamera, Cayenne, Cayman, Boxster. How would you feel about a Porsche Cajun being added to that? We haven't heard much lately about the