China TV report targets international car companies for faulty brake pads
China Central Television (CCTV) report on Sunday informed about the complaint by the nation’s safety watchdog this year that some imported brake pads meant for automobiles sold by international...
View ArticleCadillac anticipates double-digit sales growth in China
General Motors’s Cadillac anticipates sales in China to keep growing at a double-digit rate this year, however at a slower rate than it did in 2016 when volumes saw a sharp spike after the brand...
View ArticleAudi, Porsche sales assist Volkswagen to record underlying profit
Record Audi and Porsche sales assisted Volkswagen swing to a record underlying profit in last year, although a larger than expected charge from the diesel emissions scandal indicated it missed for its...
View ArticleVolkswagen looks towards possible sale of motorbike brand Ducati
Volkswagen is thinking about a possible sale of Italian motorbike maker Ducati as Europe’s largest automaker simplifies operations to help fund a strategic overhaul following its emissions scandal, 2...
View ArticleVolkswagen will buy back new diesel cars if German bans them
Volkswagen will buy back new diesel cars if German cities ban them, it stated on Thursday, looking forward to reassure potential buyers and stem a jump in sales of diesel vehicles. Europe’s biggest...
View ArticleFormer Audi CEO Stadler’s request to be freed from custody rejected
Former Audi Chief Executive Rupert Stadler’s request to be released from custody has been denied, the Munich court of appeal stated on Monday. Stadler was arrested in mid-June as part of a broader...
View ArticleVolkswagen may sideline Audi, link with competitors in new 10-year plan
Volkswagen CEO Herbert Diess will outline a 10-year plan on November 16 to cut research expenses by collaborating with competitors, a step which would sideline Audi as the group’s leading development...
View ArticleVolkswagen will pay $267 million for Audi buyout
Volkswagen will pay a 48% premium to buy out the small shareholders of premium division Audi, the premium division said on Tuesday. Volkswagen, which already holds 99.64% of Audi, declared the...
View ArticleMarkus Duesmann to head Audi’s research and development division
Markus Duesmann, the head of Audi, is going to also head the research and development division at Volkswagen’s premium brand, two sources informed Reuters on Thursday. Hans-Joachim Rothenpieler, Audi’s...
View ArticleVolkswagen to move center of software development to Audi
Volkswagen will move leadership for software development to the company’s premium Audi division located in Ingolstadt, Bavaria, Herbert Diess, CEO of the multi-brand group stated on Tuesday. “The...
View ArticleVolkswagen centralizes group software development at Audi
Volkswagen on Wednesday stated it was replacing software chief Christian Senger and moving the center of its group-wide software development from its Wolfsburg headquarters to Ingolstadt, where the...
View ArticleAudi: Creating Cars for the Future
Audi has been in the car market for more than a hundred years. Right from the start, the brand wanted to create fast cars that would modify the future. They built themselves a reputation rapidly,...
View ArticleVolkswagen to have Audi unit oversee luxury brand Bentley
Volkswagen prepares to make British luxury automaker Bentley a subsidiary of its Audi division as it looks towards economies of scale among its top-end brands, German publication Automobilwoche...
View ArticleAudi, BMW suspend shipments by train to China due to Ukraine war
BMW and Audi have suspended shipments of cars by rail from Germany to China due to the ongoing conflict in Ukraine, the automakers said on Tuesday. While both automakers produce…
View ArticleAudi and Porsche have decided to enter Formula 1
Volkswagen‘s premium brands Audi and Porsche have taken the decision to join Formula 1, said Volkswagen CEO Herbert Diess on Monday. Diess added that Porsche’s preparations to join the highest…
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