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Porsche might get away from $1.4 billion lawsuit with hedge funds


According to a German judge, the hedge funds that seek to recuperate damage worth .2 billion euros ($1.4 billion) from Porsche SE might have to look elsewhere for the money, with the lawsuit pending dismissal. The hedge funds initiated the lawsuit as a result of the Porsche SE’s failed attempt to take full control over German rival Volkswagen AG back in ...
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More Volkswagen articles

VW counts on new Touran to enter top three in compact minivan segment
Volkswagen will officially unveil in front of the public its latest generation of the Touran compact minivan in March during the Geneva motor show, counting on the lighter, roomier model ...
VW CEO sees outsiders as potential successors
According to German weekly magazine Stern, Volkswagen AG chief executive Martin Winterkorn has set his eyes on Andreas Renschler and Herbert Diess, two new executives hired after leaving rivals Daimler ...
Volkswagen CC Concept gets previewed for Geneva
The first design sketches with the upcoming Volkswagen CC Concept have been released onto the web as the model will be making its debut next Tuesday, at the 2015 Geneva ...
New Volkswagen Touran unveiled, going to Geneva
The all-new Volkswagen Touran has been officially unveiled as the model will be making its public debut next week, at the 2015 Geneva Motor Show. The 2016 Volkswagen Touran is being ...
Volkswagen to axe Eos cabriolet on dwindling demand
The German automaker has decided to pull the plug on its Eos cabriolet sometimes in the middle of the year in response to the latest customer shift away from convertibles ...
Volkswagen Passat Alltrack Sedan looks good
The sedan version of the recently unveiled Volkswagen Passat Alltrack has been recently rendered and we have to admit that the carmaker should start considering this too. It’s no more than ...
Volkswagen AG receives government approval for new factory in Thailand
Germany’s Volkswagen AG, the largest automaker in Europe and the second-biggest in the world, has recently received the approval from Thai authorities to construct a new assembly facility in the ...
2015 Volkswagen Golf Sportwagen gets priced in the U.S.
Volkswagen has recently announced the official price of the new Golf Sportwagen in the United States, where the model is available for order. The seventh generation of the Volkswagen Golf is ...
Report – Porsche CEO to get seat in VW’s Group management board
According to the most recent media reports, the Volkswagen Group – the second largest automaker in the world and Europe’s biggest – is planning to add Porsche CEO Matthias Mueller ...



latest automotive news
‘Manor Marussia’ on 2015 entry list
Feb.28 (GMM/Inautonews.com) As predicted earlier, the FIA on Friday published the official 2015 entry list that includes a place ...
Vettel hails ‘awesome’ pace from new Mercedes
Feb.28 (GMM/Inautonews.com) After a winter of apparent 'sandbagging', Mercedes finally let the cat out of the bag on Friday. Team ...
McLaren quiet on Alonso’s ‘medical situation’
Feb.28 (GMM/Inautonews.com) McLaren has counted itself out of the continuing speculation about Fernando Alonso's medical condition. Rumours have been rife ...
Alonso hit wall at 105kph – report
Feb.27 (GMM/Inautonews.com) Fernando Alonso struck the wall at 105 kilometres per hour last Sunday. That was the claim on Friday ...
‘I’m completely fine’ says smiling Alonso
Feb.27 (GMM/Inautonews.com) Fernando Alonso on Friday declared himself "completely fine" after his Barcelona crash and four-day hospitalisation. The circumstances of ...
Manor to appear on 2015 entry list on Friday
Feb.27 (GMM/Inautonews.com) Friday is another crucial day in the history of the reborn Marussia team. Now called Manor, the backmarker ...
Exclusive: Honda confirms NSX debut for Geneva, announces the rest of the lineup
Honda has officially confirmed the European debut of the NSX supercar which will be made at the 2015 Geneva Motor ...
Rolls-Royce SUV to be called the Cullinan
The Rolls-Royce SUV is getting closer and closer to the production line and according to a recent report, the model ...
Recall roundup: Cadillac ATS for power sunroof controls
General Motors has issued yet another recall, this time for the Cadillac ATS, because of a problem discovered with the ...
Scuderia Cameron Glickenhaus unveils the SCG 003S and SCG 003C
The brand new Scuderia Cameron Glickenhaus SCG 003S and SCG 003C have been unveiled recently by the car manufacturer. The brand ...
Bugatti Veyron Finale spotted
The first images with the Bugatti Veyron Finale, the last edition of the hypercar, have ended up on the web ...
Crashed Ferrari 458 Spider spotted
The newest addition to the Car Crashes category is a white finished Ferrari 458 Spider which has been spotted recently ...
US: Nissan committed to sales goal on added production capacity in South Korea, Japan
Nissan Motor recently said its underlying goal – besides exceeding Japanese rival Honda – was to command 10 percent of ...
US: government approves incentives to auto industry whistle-blowers
A US Senate committee recently approved the legislation that would see the introduction of payments and awards to employees and ...
Lamborghini Aventador SV leaked in a brochure
New leaked images with the Lamborghini Aventador SV have hit the web ahead of the supercar’s public debut scheduled for ...
2015 Kia Carnival gets priced in Australia
Kia has recently announced the official price list for the 2015 Carnival in Australia where the cheapest model can be ...
Brazil: GM plant strike ends after union coerces the company to axe layoff plans
Workers at a General Motors auto assembly facility in Brazil returned to work after a six-day standoff with the company ...
Lamborghini Gallardo gets crashed in Maryland
A yellow example of the Lamborghini Gallardo has been crashed recently in Maryland after its driver lost control of the ...