/

Browse 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," Winterkorn said. "We have no further projects in the drawer, but we're always wide awake to what's happening in the world." In 2012, VW, Europe’s largest automaker, increased its stable of ...
Read more

related more
spacer

Multimedia zone

2012-Mini-roadster-030.jpg





spacer

More martin winterkorn articles

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 ...
VW signs agreement with unions on temporary work
The Volkswagen Group Board of Management, the European Group Works Council and the Global Group Works Council of Volkswagen AG have today signed a “Temporary Work Charter for the Volkswagen ...

latest automotive news
Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax
Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a ...
Luxury Auto Market Growth in China Down 8.34% in the First Quarter
During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the ...
Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership
High-tech thieves managed to steal a grey Audi RS4 Quattro Avant estate two days ago, even if the car was ...
Tata Delays Plans of Building Plant in Thailand
As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...
Audi Surpassed BMW in India Luxury Auto Sales
Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury ...
GM Stock Surpasses 2010 IPO Price
Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...
PSA Workers at Aulnay Plant End Four-Month Strike
Peugeot’s workers at the Aulnay plant accepted to end the 4-month strike held for the plant’s closure. The workers will end ...
Jaguar Plans to Upgrade Its Dealerships in the US
Jaguar plans to refurbish its dealerships in the US as it prepares for a wave of new products. The automaker with ...
VW April Sales Up 7%
VW reported sales up 7% to 784,600 vehicles in April, after a drop of 0.2% in March. "Nevertheless, the market environment ...
Volvo April Truck Sales Down 2%
Volvo sales dropped 2% to 16,572 vehicles in April, compared with the same month last year. Sales in Europe dropped 7% ...
Tesla Plans to Repay Energy Department Loan
Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...
Michelin Comes With New Agreement for Its French Plants
Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...
George Michael Involved in Car Crash in England
Thursday night, May 16th, George Michael was injured in a car crash which took place on the M1 motorway at ...
Sale of the Nurburgring Race Track Began This Week
The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...
Fiat Does Not Plan to Move Headquarters to the US
Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...
Ferrari joins Lotus in tyre tweak criticism
May 17 (GMM/Inautonews.com) Ferrari has joined Lotus in criticising Pirelli's mid-season tyre tweak. Following early-season criticism, culminating in the furore ...
Ram Plans to Boost Heavy-Duty Pickup Sales and Dealerships in the US
Chrysler’s Ram director Bob Hegbloom said that the automaker will boost commercial van and heavy-duty pickup sales to government fleets ...
[VIDEO] Renault Twizy F1 Concept beats two Megane RS in drag race
The brand new Renault Twizy F1 Concept has managed to beat two Megane RS hot hatches in a quarter mile ...