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Tag Archive for 'Volkswagen'VW, Porsche boards approve merger July 23rd, 2009 by Bill Cawthon
British industry publication just-auto.com is reporting that the supervisory boards of Volkswagen AG and Porsche have approved a merger with of Porsche Automobil Holding SE, Porsche’s vehicle manufacturing operation with Volkswagen. The combined companies will operate under VW leadership based in Wolfsburg, Germany. Porsche itself will remain an independent company and keep its headquarters in [...] Wiedeking out at Porsche July 23rd, 2009 by Bill Cawthon
Wendelin Wiedeking, CEO of Porsche and Germany’s highest-paid manager, is leaving the company immediately, ending a long power struggle that pitted one of Europe’s most respected executives against two of Germany’s most powerful families. Porsche finance chief Holger Haerter will also be leaving the sports car maker. Chrysler to keep 3rd shift at Windsor, continue building VW Routan July 12th, 2009 by Bill Cawthon
In a change of heart that will save over a thousand Canadian jobs, Chrysler has reversed its decision to eliminate the third shift at the Windsor minivan plant. GM may slip again in world rankings April 8th, 2009 by Bill Cawthon
General Motors, which lost its title as world’s largest automaker to Toyota just last year, may drop to No. 3 in the rankings by the end of 2009. And the new No. 2 may surprise some Americans: it’s Volkswagen. Chrysler February sales beat forecasts March 4th, 2009 by Bill Cawthon
Sometimes victory is defined simply by not losing as badly as everyone else. Chrysler had one of those victories in February. Even though its own sales were down 44 percent, Chrysler came in ahead of General Motors and Ford, where sales were even worse. In fact, Chrysler no longer has the worst year-to-date (YTD) sales [...] Honda, Toyota, others, report declining sales March 3rd, 2009 by Bill Cawthon
American Honda Motor Co., Inc., posted total February vehicle sales of 71,575, down 35.4 percent compared to February 2008, based on the daily selling rate*. Honda Division posted February sales of 63,916, a decline of 34.9 percent versus February 2008. Dick Colliver, executive vice president of sales for American Honda, said, “We hope, as spring [...] Caravan stumbles, loses minivan crown to Odyssey January 5th, 2009 by Bill Cawthon
A 67 percent plunge in December sales of the Dodge Caravan ended Chrysler’s long reign at the top of the minivan market. The Honda Odyssey, with 135,493 sales, bested the Dodge which came in second with 123,479. The Chrysler Town & Country (118,563), which was the top-selling minivan in December, came in third, followed by [...] |
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