Partners include BMW, Daimler, Jaguar Land Rover, Volkswagen, Volvo, Ford, Honda and Toyota.
Needing neither forty acres nor forty sticks of dynamite, a trucker showed off his prodigious skills recently by threading his rig through a tight gap in a busy neighborhood in an unidentified Chinese city.
If you like trucks, or clocks, or clocks made of trucks this is the video for you.
In addition to the purging of non-core brands, VW may also roll its component manufacturers into a single unit.
Former Volkswagen CEO Martin Winterkorn still serves as chairman of Porsche SE, Audi, Scania, and Truck & Bus GmbH. But he's expected to resign from those posts soon as well.
Though he may have resigned as CEO of the Volkswagen Group, Martin Winterkorn retains four senior positions - including head of the company's largest shareholder Porsche SE, and three of its business units.
The Volkswagen Group is preparing a massive shakeup to its internal structure that will see the company's brands split into four companies of three brands.
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 trying to take over Scania - and now owns 75 percent of it. The car company has managed to work out 200 million euros in savings, but believes it can unlock a total of 650 million euros in savings if it
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 to create a stir.
San Francisco Bay Area readers, or anyone who has ridden (or driven behind) Muni buses, are more than familiar with the concept of electric-powered commercial vehicles getting energy through a roof-mounted apparatus connected to wires. Now, Sweden-based Scania and German company Siemens are partnering on a similar technology that would be used by commercial trucks on Sweden's highways.
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 Saab lineup long ago.
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 cars this year than last year. But that is correct that it will be somewhat less than what was originally planned."
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.
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 producer of trucks as well, producing VW commercial vehicles while holding nearly three-quarters of the shares in Swedish truckmaker Scania and a significant stake in MAN as well.