International Business News - Volkswagen http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The German parliament's upper house on Friday approved a planned law governing automaker Volkswagen AG that has put Berlin at odds with the European Commission. http://www.ibtimes.com/articles/20081128/german-upper-house-approves-new-vw-law.htm Fri, 28 Nov 2008 05:10:42 EST With huge dirt movers shaping the site of Volkswagen's $1 billion assembly plant at Chattanooga, Europe's largest automaker says it has no regrets about announcing its arrival as an American employer in hard times. http://www.ibtimes.com/articles/20081128/vw-building-tenn-assembly-plant-during-hard-times.htm Fri, 28 Nov 2008 01:49:16 EST With huge dirt movers shaping the site of Volkswagen's $1 billion assembly plant at Chattanooga, Europe's largest automaker says it has no regrets about announcing its arrival as an American employer in hard times. http://www.ibtimes.com/articles/20081127/vw-building-tenn-assembly-plant-during-hard-times.htm Thu, 27 Nov 2008 14:12:20 EST A court on Thursday rejected an attempt by Porsche SE to have a provision struck from Volkswagen AG's statutes that gives VW's second-largest shareholder a blocking minority vote at the automaker. http://www.ibtimes.com/articles/20081127/porsche-suffers-court-setback-on-vw.htm Thu, 27 Nov 2008 10:05:22 EST Volkswagen AG said Thursday it will focus on keeping competitive amid the financial crisis and pledged to build more efficient cars. Wolfsburg-based Volkswagen is Europe's biggest automaker. Its brands include VW, luxury car makers Audi and Bentley and mid-range brands Skoda and Seat. http://www.ibtimes.com/articles/20081120/volkswagen-pledges-to-build-more-efficient-cars.htm Thu, 20 Nov 2008 13:08:33 EST Volkswagen of America Inc. debuted its new Touareg V6 TDI clean diesel sport utility vehicle on Wednesday as part of a showcase of its diesel powered technology. http://www.ibtimes.com/articles/20081119/volkswagen-shows-off-new-diesel-touareg.htm Wed, 19 Nov 2008 17:51:43 EST Volkswagen AG said Thursday its third-quarter net profit rose 28 percent on improved sales in emerging markets and stuck to its forecast of beating last year's sales. http://www.ibtimes.com/articles/20081030/vws-9m-profit-up-28-5-percent-to-3-7b-euros.htm Thu, 30 Oct 2008 07:45:31 EDT Volkswagen AG is considering slowing production at the end of this year by closing for extra days around the Christmas and New Year holidays. Works council chief Bernd Osterloh said an interview with Norddeutscher Rundfunk radio Wednesday that the company is contemplating stopping production for two extra days before Christmas as well as the Friday after New Year's Day. http://www.ibtimes.com/articles/20081029/vw-leader-says-production-may-slow-at-year-end.htm Wed, 29 Oct 2008 13:20:23 EDT Porsche moved Wednesday to put a brake on volatility in Volkswagen shares by selling some options and Germany's financial regulator announced a formal investigation into Volkswagen's recent stratospheric stock gains. http://www.ibtimes.com/articles/20081029/porsche-to-settle-volkswagens-hedged-shares.htm Wed, 29 Oct 2008 13:36:04 EDT Shares of Volkswagen AG jumped an eye-popping 82 percent on Tuesday after a similar surge the day before, leading German financial regulators to say they would investigate. http://www.ibtimes.com/data/articleimgs/161685-germany-volkswagen.jpg http://www.ibtimes.com/articles/20081028/volkswagen-shares-soar-porsche-hikes-stake.htm http://www.ibtimes.com/articles/20081028/volkswagen-shares-soar-porsche-hikes-stake.htm Tue, 28 Oct 2008 19:28:14 EDT Volkswagen shares soared more than 200 percent higher Monday, bolstered by Porsche's announcement of plans to lift its stake in the automaker to 75 percent by 2009. http://www.ibtimes.com/articles/20081027/shares-of-volkswagen-rocket-on-porsche-plans.htm Mon, 27 Oct 2008 13:42:42 EDT Volkswagen AG, Europe's biggest automaker, said Friday its worldwide sales rose 3.9 percent through September as a slowdown in new car buying in western Europe was offset by gains in China, Brazil and eastern Europe. http://www.ibtimes.com/articles/20081024/volkswagens-9-month-sales-rise-3-9-pct.htm Fri, 24 Oct 2008 13:57:46 EDT The chief executive of Volkswagen AG warned Wednesday that the auto industry faces a difficult business climate next year, but added that his company--Europe's biggest carmaker--still expects to reach this year's goals. http://www.ibtimes.com/articles/20081022/vw-ceo-warns-2009-will-be-tough-for-industry.htm Wed, 22 Oct 2008 12:45:35 EDT Volkswagen AG, Europe's largest carmaker, said Thursday the company will increase the prices of some of its models beginning Nov. 6. The Wolfsburg-based company said it would raise the price of its Polo model by 0.6 percent. http://www.ibtimes.com/articles/20081016/volkswagen-raising-prices-on-polo-golf-passats.htm Thu, 16 Oct 2008 12:28:14 EDT Volkswagen Group of America's top executive said Tuesday on the opening day of a clean energy summit that Tennessee can count on VW as an environmental partner and Gov. Phil Bredesen promised Tennessee will fulfill its economic incentives to the automaker despite tough economic times. http://www.ibtimes.com/articles/20081014/vw-exec-pledges-to-be-green-partner-for-tennessee.htm Tue, 14 Oct 2008 14:27:40 EDT Germany's Volkswagen AG said vehicle deliveries dropped in August versus the same month last year, but noted its performance was significantly better than the industry as a whole. http://www.ibtimes.com/articles/20080924/vw-sees-3-percent-drop-in-august-deliveries.htm Wed, 24 Sep 2008 13:06:25 EDT Chancellor Angela Merkel vowed Tuesday the German government would strive to keep in place the so-called "Volkswagen Law" allowing the state of Lower Saxony a blocking minority of Europe's largest carmaker Volkswagen AG. http://www.ibtimes.com/articles/20080923/merkel-supports-keeping-vw-law.htm Tue, 23 Sep 2008 13:38:51 EDT Porsche raised its stake in German automaker Volkswagen on Tuesday to more than 35 percent--a move that it said gives it effective control over Europe's biggest car maker. http://www.ibtimes.com/articles/20080916/porsche-raises-vw-stake-claims-effective-control.htm Tue, 16 Sep 2008 12:12:23 EDT Porsche says it has raised its stake in fellow German automaker Volkswagen AG to more than 35 percent. It says the move puts it in effective control of Volkswagen. http://www.ibtimes.com/articles/20080916/porsche-raises-vw-stake-above-35-pct.htm Tue, 16 Sep 2008 07:51:06 EDT The European Commission is preparing to take Germany to court to force it to change a new law that would allow the state to block a takeover of Volkeswagen, Europe's biggest car maker, an European Union spokesman said Tuesday. http://www.ibtimes.com/articles/20080909/eu-prepares-to-sue-germany-over-new-volkswagen-law.htm Tue, 09 Sep 2008 11:15:33 EDT