Volkswagen Group posted higher-than-expected operating profit in the third quarter, boosted by strong demand for Audi and Porsche models in Europe and China.
Tag Archives: Martin Winterkorn
Winterkorn warns EU on overburdening automakers on CO2
Volkswagen Group CEO Martin Winterkorn (above) warned European regulators that it would be “fatal” to overburden the auto industry with a fresh round of more stringent emission targets before a market can even develop for electric cars, plug-in hybrids and other fuel-efficient models powered by alternative powertrains.While automakers try to conserve resources themselves when building cars in order to save costs, they traditionally drag their feet when it comes to selling cars equipped with expensive green technology when customers prove unwilling to pay for it.
VW Outsells GM in China to Remain on Track for Repeat Sales Win
Volkswagen outsold General Motors in China in the first half of the year, keeping it on track to extend its reign as the best-selling foreign car company in the world’s biggest vehicle market.
VW’s Winterkorn says Germany’s 1 million electric-car goal is achievable
VW introduced electric versions of the Golf compact (left) and Up minicar at the Frankfurt auto show last month.
Volkswagen CEO Martin Winterkorn says Europe should close 10 factories
Volkswagen CEO Martin Winterkorn said the European auto industry needs to close around 10 factories to reduce overcapacity caused by the region’s slumping market.
