USA / Global
volkswagen ag Articles
Volkswagen completes Porsche takeover, new vehicles promised
After a long and tumultuous battle, Volkswagen has finally taken over Porsche.
Aug 01 2012
Volkswagen completes Porsche purchase
Volkswagen AG has finally purchased the remaining stake in Porsche SE for 4.46 billion euros ($5.6 billion).
Jul 05 2012
VW to finalise Porsche takover for €3.9billion
Unidentified managers within the VW hierarchy have confirmed that they will set up a a holding company to take control temporarily. It is believed by completing the transaction before 2014 will save the company €1 billion in taxes.
Jan 23 2012
VW Group likely to become world's largest automaker this year
Volkswagen AG is on track to sell more than 8 million vehicles this year - surpassing both GM and Toyota to claim the top spot.
Oct 27 2011
VW Group to invest a record €62.4 billion to become number one
Volkswagen AG plans a massive investment in plants and vehicle development to take the top sales spot in the industry by 2018.
Sep 19 2011
VW-Porsche merger delayed into next year
Volkswagen AG and Porsche Automobil Holding SE cannot agree on how much Porsche is worth while Porsche still faces legal issues.
Sep 09 2011
Italdesign Giugiaro Tex and Go! Volkswagen concepts revealed
Loads of details and information about two new VW small car concepts from Italdesign Giugiaro, inside.
Feb 28 2011
Italdesign Giugiaro Scirocco and Polo designs leaked via patent office
Pictures depicting alleged Volkswagen Scirocco and Polo models of the future have emerged via the European patent office.
Feb 22 2011
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Italdesign Giugiaro teases Geneva concept - could this be a new VW concept?
Italian design house is said to have developed two new concepts for the VW brand which will debut in Geneva next week.
Feb 22 2011
VW to build engine plant in Mexico by 2013 - will supply new Chattanooga plant
New plant will supply engines to VW's North American production. The plant will have a capacity to build 330,000 engines a year.
Sep 23 2010
Matthias Mueller named Porsche CEO
Who is the new CEO of Porsche, and what does he bring to the table? Find out inside.
Jul 06 2010
Italian design houses rejoice following Italdesign sale to VW
According to recent reports, competing design firms are ecstatic about Volkswagen's purchase of Italdesign Giugiaro.
May 26 2010
Volkswagen confirms Italdesign Giugiaro acquisition
Confirming earlier reports, Volkswagen has announced they will buy Italdesign Giugiaro. Full details inside.
May 25 2010
VW to buy Italdesign Giugiaro - report
VW will need more designers and engineers if it is to meet its goal of selling 10 million vehicles a year by 2018.
May 19 2010
Hedge fund lawsuits threaten VW-Porsche merger
Litigation threatens VW's ability to fund the merger deal. Hedge funds claim Porsche breached rules and manipulated markets in their failed hostile attempt to takeover VW by buying a controlling stake in the automaker.
Apr 12 2010
VW intends to overtake Toyota - Sets new sales goal of 10 million units by 2018
Can Volkswagen overtake Toyota as the world's largest automaker, and can they do it by 2018? They plan to try. The details inside.
Feb 04 2010
VW Approves Porsche Merger
VW board agrees on final details to buy a 49.9 percent stake in Porsche AG by the end of this year. The company will complete a merger with Porsche AG parent company Porsche Automobil Holding SE by 2011.
Nov 20 2009
Porsche SE Posts 4.4 Billion Euro Loss
Losses stem from its failed bid to takeover Volkswagen AG, Porsche SE's car division, Porsche AG, remains profitable
Nov 13 2009
VW-Porsche Overtakes Toyota as World's No. 1 Auto Maker
VW-Porsche has produced 4.4 million units this year, while Toyota has cut its production and only made 4 million vehicles so far.
Nov 10 2009
Volkswagen to take Larger 49.9% Porsche stake for $5.8 billion
Volkswagen AG initially wanted a 42% stake in Porsche. Now it says it will take 49.9% for the amount of €3.9 billion (US$5.8 billion).
Oct 20 2009
Official: Volkswagen to Buy 42% of Porsche for €3.3 Billion
Porsche SE, the owners of Porsche AG have announced that a 42% stake in their company is to be sold to Volkswagen AG for €3.3 billion. A full merger is the ultimate goal but alternative plans are in place in case it fails.
Aug 14 2009
Vehicle Imagery licensed from EVOX Images
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