/

Browse martin winterkorn articles

Porsche SE: We have 2.61 billion euros for acquisitions


Porsche Automobil Holding SE has 2.61 billion-euro ($3.64 billion) available for possible acquisitions that are beyond its controlling stake VW Ag., the largest carmaker in Europe. The German holding company with investments in the automotive industry, last year looked at more than 24 potential takeover targets – but at the end did not moved ahead with any agreement. When asked by Reuters at what companies ...
Read more

related more
spacer
spacer

More martin winterkorn articles

CEO Martin Winterkorn Says VW Open to Further Acquisitions
VW CEO Martin Winterkorn said that the automaker is open to further acquisitions. "We are currently well positioned with 12 brands, but there are always opportunities that one cannot pass up," ...
Volskwagen posts 41 percent increase in net profit for 2012
Volkswagen AG posted a net profit of 21.7 billion euros ($28.7 billion) for 2012, up 41 percent on revenues that were 21 percent bigger. Volkswagen said in a press release Friday ...
Volkswagen forecasts stagnating operating profit in 2013
Volkswagen AG forecasts that operating profit this year will match last year's level, as the shrinking auto market in Germany affects earnings. Earnings before interest and taxes, which rose 2.1 percent ...
VW CEO to have his 2012 paycheck cut by 20 percent
Volkswagen CEO Martin Winterkorn will receive a 14 million euros ($18.7 million) paycheck for 2012, 20 percent less than in 2011. According to a report from German magazine Der Spiegel cited ...
Winterkorn to remain VW CEO until the launch of the next Golf
Volkswagen CEO Martin Winterkorn said he may remain at the helm of Europe's biggest carmaker beyond the term of his current contract to launch the new Golf model. VW chairman Ferdinand ...
Report: VW CEO expects to earn less this year
Volkswagen AG CEO Martin Winterkorn, the highest-paid top manager among Germany's biggest companies, expects to earn less this year. Winterkorn said that is because the carmaker considers limiting compensation packages. A compensation ...
Piech suggests VW will add at least one brand
Volkswagen AG chairman Ferdinand Piech suggested the company has plans to add at least one brand to the lineup in a bid to become the world's largest carmaker by 2018. In ...
Bentley EXP 9 F SUV not given green light yet, annual production may vary between 3,000 and 4,000
Following a report from German business daily newspaper Handelsblatt saying the EXP 9 F Falcon SUV has been given the green light for production, we contacted Bentley to confirm. Although Bentley ...
VW Opens Engine Plant in Mexico
VW opened a new engine plant in Mexico, part of its North American offensive. After VW unveiled a SUV at the Detroit auto show, a rival for Ford’s Explorer, CEO Martin ...

latest automotive news
Ferrari LaFerrari XX rendering
New renderings with the upcoming flagship track-only supercar, the Ferrari LaFerrari XX, have hit the web recently. Ferrari is planning to ...
Recall roundup: New-gen Mazda6
The new generation of the Mazda6 is the subject of a recall in the United States because of the faulty ...
McLaren P1 for sale in the U.S. after not being good enough for its owner
A yellow example of the McLaren P1 is currently being offered for sale in the United States as its owner ...
[VIDEO] Mercedes-Benz GLC spied
The brand new Mercedes-Benz GLC has been caught on camera recently while it was being tested out, on the track. Mercedes-Benz ...
2016 Fiat 500X to be launched next year
Fiat will be introducing the 2016 500X in the United States next year, when the model in question is believed ...
2016 Porsche 911 Turbo leaked
The updated version of the Porsche 911 Turbo has recently leaked out, ahead of its public debut which should take ...
[Video] Elon Musk could step down as Tesla’s CEO in just four years
The US electric carmaker Tesla Motors has been the investor’s sweetheart since its initial public offering back in 2010 and ...
[VIDEO] Take a closer look at the Audi Prologue Concept
A new video is showing the Audi Prologue Concept in the real world being driven on the streets. One of the ...
Ford Mustang Shelby GT350 Convertible looks great
The Ford Mustang Shelby GT350 Convertible is looking even better than the model already unveiled in Los Angeles. The first renderings ...
Mitsubishi Mirage Sedan going to the U.S.
Mitsubishi will be introducing the Mirage Sedan in the United States in the near future. The Japanese based automaker Mitsubishi has ...
Bill Ford and KPMG forecast a spectacular transformation of the transportation sector
While many executives don’t look beyond their spreadsheets with current and upcoming sales, the top executives and the best analysts ...
US: AAA says motorists are paying gas at a four-year-low
Here’s a cheerful holiday news for the 41.3 million Americans who are getting ready to travel over the course of ...
Official – SsangYong Tivoli compact crossover announced
SsangYong has officially announced its plans to introduce a new compact crossover, called the Tivoli. Nissan has opened a new segment ...
US: November sales seen growing on lower gas prices and incentives
According to analysts and forecasters, this year’s November might bring the best sales for the month since 2001 – with ...
2015 Nissan GT-R was launched in Japan
The 2015 Nissan GT-R has been launched in Japan where the model has received a lot of tweaks. Nissan has been ...
[VIDEO] Volvo V60 Cross Country gets new promo
Volvo has released a new promotional video with the V60 Cross Country which is showing the model in a whole ...
Porsche Macan S Diesel gets tweaked by TechArt
TechArt has created a new upgrade package which is now aimed towards the Porsche Macan S Diesel. Owners of the Porsche ...
2015 Skoda Fabia offers customizable dashboard
Skoda is offering a customizable dashboard on the new generation of the Fabia for some extra cash. The Czech based automaker ...