Keyword: vw

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  • Sources: Volkswagen Seeks Obama Admin’s Help To Unionize Plant, Despite Election Results

    04/08/2014 1:24:06 AM PDT · by zeestephen · 43 replies
    The Daily Caller ^ | 07 April 2014 | Patrick Howley
    The Chattanooga plant’s February secret-ballot vote to remain non-union was seen as a major triumph for the right-to-work community. But Volkswagen has since been under intense pressure from the company’s highly influential German union IG-METAL to figure out how to void the election result.
  • Unions Request a "Do-Over" in Failed Chattanooga Union Vote

    03/11/2014 12:33:45 PM PDT · by Kaslin · 28 replies ^ | March 11, 2014 | Michael Schaus
    What do you do when a union vote doesn’t go your way? Well, if you are the United Auto Workers union, you ask for a “re-do”. The UAW has asked the National Labor Relations Board to reconsider their failed attempt to unionize Volkswagen workers in Chattanooga, because… Well because they think it was unfair that anti-union voices were allowed to make their case on TV, highway billboards, and newspaper columns. In other words: the UAW feels they were unfairly outgunned by free-speech. According to the Wall Street Journal: The UAW has filed an election objection with the labor board alleging...
  • No sign of expansion at plant where UAW dealt loss

    02/28/2014 8:13:31 AM PST · by don-o · 11 replies
    AP via Kingsport TN Times News ^ | February 27, 2014 | ERIK SCHELZIG
    NASHVILLE, Tenn. (AP) — Friday marks the end of the two-week period within which U.S. Sen. Bob Corker promised Volkswagen would announce another line at its factory in Tennessee if workers there rejected representation by the United Auto Workers union. So far there's little sign of any pending announcement.
  • UAW Asks NLRB to Void Union Loss at Tennessee Volkswagen Plant

    02/22/2014 8:40:43 AM PST · by ColdOne · 32 replies ^ | 2/22/14 | Michael Patrick Leahy
    The United Auto Workers (UAW) filed a legal challenge late Friday with the National Labor Relations Board (NLRB) to the certification of the organizing vote it lost last Friday at Volkswagen's auto plant in Chattanooga, Tennessee. The challenge was submitted just hours before the seven day post-election filing deadline expired. On Tuesday, attorney Joseph Farelli, a nationally recognized labor law expert, told Breitbart News the UAW would have little chance of success if it filed a challenge to NLRB certification of the election. "I don't think the NLRB is willing to break new ground and state the conduct of a...
  • UAW Challenges Tennessee VW Election

    02/21/2014 1:23:56 PM PST · by MacNaughton · 45 replies
    Thomson/Reuters ^ | 2/21/2014
    The United Auto Workers said on Friday it filed an appeal with the government over "interference by politicians and outside special interest groups" in an election last week in Tennessee where Volkswagen workers rejected the union. The union said in a statement that its appeal to the U.S. National Labor Relations Board details "a coordinated and widely publicized coercive campaign conducted by politicians and outside organizations to deprive Volkswagen workers of their federally protected right to join a union."
  • Union Vote In Chattanooga Shows Danger Of Card Check

    02/18/2014 4:42:56 PM PST · by jazusamo · 31 replies ^ | February 18, 2014 | IBD Editorial
    Labor: Union bosses have contended for some time that a secret ballot isn't needed to unionize a workplace. All that's needed, they said, was employees' signatures on cards. But Chattanooga proved them wrong. For months the United Auto Workers have said a majority of workers at the Volkswagen plant in Tennessee had signed cards expressing their interest in unionizing. Why bother with a secret ballot when the workers had already spoken through the "card check" approval process? Before a much-anticipated and widely followed union-representation vote held last week, the AP reported that Gary Casteel, Tennessee-based regional director for the UAW,...
  • VW Workers Escape from Detroit: Rejects UAW bid to subsume them into their union

    02/18/2014 6:54:44 AM PST · by SeekAndFind · 16 replies
    National Review ^ | 02/18/2014 | The Editors
    Workers at Volkswagen’s sedan factory in Chattanooga, Tenn., soundly rejected a bid by the United Automobile Workers (UAW) to subsume them. In this the workers were considerably wiser than VW management, which took an officially neutral stance on the unionization effort but is in general kindly disposed to efforts to transplant the “workers’ council” model, with which it has enjoyed success at home, from Germany to its American operations. German automakers maintain a largely cooperative relationship with IG Metall, the main autoworkers’ union. But the UAW is a very different sort of beast, a fact not lost on the Chattanooga...
  • UAW flattened by a Volkswagen

    02/15/2014 11:52:04 AM PST · by Starman417 · 27 replies
    Flopping Aces ^ | 02-15-14 | DrJohn
    Having destroyed Detroit, the United Auto Workers union is desperate to infect foreign auto manufacturing plants in the South. It finally managed to force a vote on unionization in Chattanooga and the UAW hit a pot hole. Volkswagen workers in Chattanooga, Tenn., have rejected the United Auto Workers, shooting down the union’s hopes of securing a foothold at a foreign-owned auto plant in the South. The vote was 712 to 626, said the UAW, which blamed the loss on “politicians and outside special interest groups.” The vote, announced late Friday night after three days of balloting, is a devastating...
  • Workers at Tennessee Volkswagen factory reject United Auto Workers union

    02/15/2014 10:46:45 AM PST · by mandaladon · 26 replies
    Fox News ^ | 15 Feb 2014
    Workers at a Volkswagen factory in Tennessee have voted against union representation in a devastating defeat for the United Auto Workers union's effort to make inroads in the South. The 712-626 vote released late Friday was surprising for many labor experts and union supporters who expected a UAW win because Volkswagen tacitly endorsed the union and even allowed organizers into the Chattanooga factory to make sales pitches. "This is like an alternate universe where everything is turned upside down," Cliff Hammond, a labor lawyer at in Detroit, told The Wall Street Journal, noting that companies usually fight union drives. "This...
  • Loss at Volkswagen plant upends union's plan for U.S. South (Workers voted against union)

    02/15/2014 8:21:23 AM PST · by Red in Blue PA · 22 replies
    CHATTANOOGA, Tennessee (Reuters) - In a stinging defeat that could accelerate the decades-long decline of the United Auto Workers, Volkswagen AG workers voted against union representation at a Chattanooga, Tennessee plant, which had been seen as organized labor's best chance to expand in the U.S. South. The loss, 712 to 626, capped a sprint finish to a long race and was particularly surprising for UAW supporters, because Volkswagen had allowed the union access to the factory and officially stayed neutral on the vote, while other manufacturers have been hostile to organized labor.
  • Obama weighs in on contentious union vote at Volkswagen plant

    02/14/2014 2:16:38 PM PST · by Rusty0604 · 34 replies
    Reuters ^ | 02/14/2014 | Richard Cowan & Bernie Woodall
    P resident Barack Obama on Friday waded into a high-stakes union vote at Volkswagen AG's plant in Tennessee, accusing Republican politicians who oppose unionization of being more concerned about German shareholders than U.S. workers. Obama's interjection in the war of words on Friday, albeit behind closed doors, underscored how much is stake in the three-day vote by VW's 1,550 hourly workers. The vote is due to end at 8:30 p.m. ET and the results could be announced soon after that. Obama said everyone was in favor of the UAW representing Volkswagen except for local politicians who "are more concerned about...
  • VW workers at Tennessee plant reject union

    02/14/2014 7:16:40 PM PST · by Olog-hai · 73 replies
    Associated Press ^ | Feb. 14, 2014 10:05 PM EST | Erik Schelzig and Tom Krisher
    <p>Workers at a Volkswagen factory in Tennessee have rejected the United Auto Workers union.</p>
  • U.S. senator drops bombshell during VW plant union vote (Tennessee)

    02/13/2014 4:12:16 PM PST · by 2ndDivisionVet · 38 replies
    Reuters ^ | February 13, 2014 | Bernie Woodall
    U.S. Senator Bob Corker of Tennessee said on Wednesday he has been "assured" that if workers at the Volkswagen AG plant in his hometown of Chattanooga reject United Auto Worker representation, the company will reward the plant with a new product to build. Corker's bombshell, which runs counter to public statements by Volkswagen, was dropped on the first of a three-day secret ballot election of blue-collar workers at the Chattanooga plant whether to allow the UAW to represent them. Corker has long been an opponent of the union which he says hurts economic and job growth in Tennessee, a charge...
  • Tenn. lawmakers: VW incentives threatened by UAW

    02/10/2014 1:22:43 PM PST · by don-o · 88 replies
    AP via Kingsport TN Times News ^ | February 10, 2014 | ERIK SCHELZIG
    NASHVILLE, Tenn. (AP) — Republican lawmakers in Tennessee are threatening that the state could turn off the spigot of incentives for Volkswagen if workers at the German automaker's plant decide this week to approve union representation.
  • Freep a poll: Should VW Chattanooga unionize?

    02/05/2014 4:59:49 PM PST · by KGeorge · 40 replies
    TimesFreePress ^ | February 4, 2014 | Mike Pare
    Volkswagen, not the UAW, filed for a National Labor Relations Board-conducted vote at the factory in which about 1,600 hourly employees will cast secret ballots Feb. 12-14
  • The End Of The Line For A Classic Vehicle You Didn’t Know Still Existed

    08/30/2013 11:54:55 PM PDT · by 2ndDivisionVet · 44 replies
    PJ Lifestyle ^ | August 30, 2013 | Chris Queen
    During my middle school and early high school years, my family owned a Volkswagen Type 2 Camper Van. We used to take it camping in the mountains or at Disney World, and it was as much fun as a conversation piece as it was as a vehicle. I wanted that vehicle for my own so badly, and my dad told me he’d give it to me when I turned 16. I imagined how great it would be to have a cool drink waiting for me in the icebox at the end of the day, and of course I knew it...
  • Volkswagen Microbus finally reaches the end of the road

    08/22/2013 8:00:47 AM PDT · by rawhide · 62 replies
    Fox News ^ | 8-22-13 | By Gary Gastelu
    <p>After all these years the Kombi is officially fried out.</p> <p>First introduced to the world in 1950, Volkswagen’s venerable Type 2 “Microbus” has been produced in Brazil since 1957, a 56-year longevity record that ends in December.</p> <p>As reported last year, the van sold there as the Kombi is finally being discontinued due to upcoming safety regulations that it simply can’t be modified to meet.</p>
  • Volkswagen finally gives Apple fans their 'iCar' [German Corporation, not GM]

    04/23/2013 4:29:03 AM PDT · by SoFloFreeper · 13 replies ^ | 4/22/13
    Many Apple fans have dreamed of one day getting the chance to drive a car crafted by people behind the iPhone and the iPad. In fact, according to the New York Times, just before he died, Steve Jobs said he wanted to build an Apple car. Now Volkswagen hasteamed upwith the computermakerto deliver the next best thing until Apple decides to actually make its own. The vehicle is called the iBeetle, and while it doesn't look like a sleek iPhone-on-wheels, it does include a decidedly Apple-centric dashboard. Unveiled at this month's Shanghai Auto Show, the iBeetle features an embedded iPhone...
  • German union backs UAW effort to organize VW's Tenn. plant

    03/21/2013 4:41:35 PM PDT · by Salman · 16 replies
    Chicago Tribune ^ | March 20, 2013 | Reuters
    The United Auto Workers has won the backing of the head of an influential German union in its effort to represent the hourly workers at Volkswagen AG's Chattanooga, Tenn., assembly plant. “In Chattanooga, you need union representation” to negotiate working conditions, IG Metall President Berthold Huber said in a letter distributed in early March to the plant's 2,350 hourly employees. A copy of the letter was obtained by Reuters. “We strongly recommend that the eligible employees at Volkswagen, Chattanooga, decide that the UAW should represent them,” he added. Huber's letter is another positive sign for the UAW. Last week, Horst...
  • VW Passat 78.5 MPG (Imperial gallon) 65.2 MPG US gallon in the Uk...NOT ALLOWED in the US

    06/06/2012 6:15:05 PM PDT · by Beave Meister · 80 replies
    YouTube ^ | 4/16/2012
    THIS WILL UPSET YOU, VW is not allowed by the US government to sell high milage cars to US consumers. VW even makes the cars here that get 78 mpg but must ship it over seas. I have added this link that shows a test drive world record with the passat which was 75 mpg US I am still upset with myself for saying "THE CURRENT ADMINISTRATION"t. I understand that it is government regulations that crosses over all party lines. It was just that i had watch Obama talking about better milage cars and that was what upset me to...
  • Volkswagen Up! named 2012 World Car of the Year

    04/05/2012 7:14:34 AM PDT · by Clint N. Suhks · 19 replies
    Auto Blog Green ^ | 4/5/12 | Matt Davis
    As is tradition, Day Two of the 2012 New York Auto Show kicked off with the annual World Car of the Year awards. Global entries competed for honors in four different categories, and from the initial list of 34 contenders, the final four were selected this morning. The big winner was the 2012 Volkswagen Up! subcompact, which takes home the honor of World Car of the Year, beating out its other finalists, the BMW 3 Series and Porsche 911. We've had a chance to drive VW's tiny runabout and, while it would be hard for the automaker to justify offering...

    02/05/2011 3:03:41 PM PST · by rickmichaels · 21 replies · 1+ views
    Volkswagen Commercial: The Force (You Tube Link)
  • Stolen VW Bus Returned — After 36 Years

    12/20/2010 9:50:51 PM PST · by nickcarraway · 15 replies · 1+ views
    MSNBC ^ | 12/15/2010
    Stolen in 1974, recovered in 2009, classic vehicle is back home in Spokane, Wash.After 36 years it is finally home. Michelle Squires' 1964 VW Bus was trailered back to Spokane this week from California where it was found last year. The van was stolen from an upholstery shop in the Browne's Addition area of the city in 1974. Squires thought it would never be seen again, then a customs agent discovered the stolen van at the Port of Los Angeles. The van had been restored and was on its way to Germany. It never made it. Squires was notified the...
  • Volkswagen's $600 car gets 258 mpg

    12/08/2010 10:56:05 AM PST · by WOBBLY BOB · 84 replies ^ | 12-8-10 | examiner
    This $600 car is no toy and is ready to be released in China next year. The single seater aero car totes VW (Volkswagen) branding. Volkswagen did a lot of very highly protected testing of this car in Germany, but it was not announced until now where the car would make it's first appearance.
  • Corker to VW: No union

    11/28/2010 2:54:22 PM PST · by SmithL · 31 replies
    Chattanooga Times Free Press ^ | 11/28/10 | Andy Sher
    NASHVILLE -- U.S. Sen. Bob Corker, R-Tenn., says he has told Volkswagen officials that he thinks it would be "highly detrimental" to the German manufacturer if the United Auto Workers organizes its Chattanooga assembly plant. "I was asked to give input, and I did," Corker said. The advice stemmed from his experience trying to negotiate with the union during the 2008 federal bailout of GM and Chrysler, he said. "I certainly shared with [VW] I couldn't see how there was any possibility it could be a benefit to them to enter into a contract with UAW," said Corker, a former...
  • Steel, glass VW pedestrian bridge approved (paid for by TN taxpayers)

    09/22/2010 10:58:04 AM PDT · by Tennessee Nana · 18 replies
    ChattanoogaTimesFreePress ^ | September 22, 2010 | Mike Pare
    A $7.25 million, 850-foot pedestrian bridge and guardhouse for the Volkswagen plant won approval from a city panel Tuesday. The steel-and-glass structure, more than one-quarter the length of the Walnut Street Bridge that spans the Tennessee River, will serve as the main entrance to the auto plant. The pedestrian bridge, paid from city, Hamilton County and state funds as part of the automaker’s incentive package, will cross over a stream and one of VW’s vehicle test tracks and negotiate a steep change in elevation at the site, officials said. “It will be an extraordinary bridge,” said Steve Leach, the city’s...
  • VW's High-Tech Car Factory (The UAW would never allow this to be build in the US)

    09/16/2010 9:22:29 PM PDT · by Beave Meister · 22 replies
    Volkswagen's incredible transparent car factory - You have never seen a factory like this!
  • VIDEO: The Demented Rocket-Propelled Genius Of Turbonique (Rocket powered VW, Ford Galaxy)

    03/08/2010 12:39:58 PM PST · by Reaganesque · 22 replies · 320+ views ^ | 3/8/10 | Ben Wojdyla
    Get old-time hot-rodders together and utter the name "Turbonique." The entire conversation will shift to legends and half-truths of the '60s company supposedly created by NASA subcontractors to create a consumer market for rocket technology. Now there's video. Turbonique Inc. was established in Orlando in 1962 as a mail-order speed parts company producing some of the most amazingly insane automotive upgrades ever to see the light of day. Iowahawk called the company "The Real Acme," and he's probably right. He says ...mere mention of the name "Turbonique" still inspires a shudder of awe among drag racing enthusiast, the company's principle...
  • Volkswagen Recalls 200,000 Cars In Brazil

    02/11/2010 10:32:51 AM PST · by Steelfish · 3 replies · 222+ views
    Volkswagen Recalls 200,000 Cars In Brazil The recalled Novo Gols were made in Brazil for the local market Volkswagen (VW) is recalling nearly 200,000 cars in Brazil because of a rear wheel problem. The company wants to determine whether rear wheel bearings are sufficiently greased on the Novo Gol and Novo Voyage models made before July 2009. VW says there is a possibility that a lack of lubrication could cause wheels to lock. In extreme cases they could loosen and even fall off. The vehicles were made in Brazil for the local market, VW's third-largest. This latest recall comes a...
  • VW Unveils Up! Lite Concept at LA Show [96mpg diesel hybrid]

    12/07/2009 11:36:42 AM PST · by wolf78 · 58 replies · 2,932+ views
    Green Car Congress ^ | 2 December 2009 | Mike Millikin
    Volkswagen staged the world premiere of the Up! Lite concept at the LA Auto Show. The new concept, based on Volkswagen’s New Small Family (the Up! models), incorporates a variation on the two-cylinder TDI hybrid powertrain from the L1 concept unveiled earlier this year at the Frankfurt Motor Show. (Earlier post.) The door, five-seat concept offers combined EPA cycle fuel consumption of 2.44 L/100km (96 mpg US), with 70 mpg highway. The poewrtrain comprises an 800cc, 2-cylinder TDI (turbo-diesel), electric motor and 7-speed Direct Shift Gearbox (DSG). Combined with aerodynamics of Cd 0.237, the concept has reduced CO2 emissions to...
  • Volkswagen Overtakes Toyota with Highest Car Production

    11/11/2009 10:47:24 PM PST · by Cronos · 1 replies · 518+ views
    The Chosun Ilbo ^ | 12-Nov-2009 | Chosun
    Volkswagen Group has displaced Toyota for the first time as the world's largest car manufacturer in terms of production. The German carmaker produced 4.4 million vehicles in the first nine months of the year, overtaking its Japanese rival by 400,000 units, consulting firm IHS Global Insight said on Wednesday. Volkswagen Group owns a variety of models such as Skoda and Seat and high-end lines Audi, Bentley, Bugatti and Lamborghini. In July it expanded its stable by acquiring Porsche. HIS Global Insight said Volkswagen was able to beat Toyota thanks to increased sales in China, Germany and the U.K. even amid...
  • Volkswagen Steals Toyota's Crown as World's Largest Automaker

    11/11/2009 10:23:59 PM PST · by kingattax · 18 replies · 838+ views
    US News & World Report/Yahoo ^ | 11-12-09 | Sean Tucker
    The people want an empire, apparently, with that unassuming little black VW bug at the head of it. The U.K.’s Guardian explains, "Volkswagen-Porsche has overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe." VW has "produced 4.4 million vehicles so far this year, outstripping its Japanese rival which has seen four million cars roll off production lines since January." Ironically, VW reached the milestone in part by taking over Porsche – which it was forced to do after Porsche failed in an attempt to take over VW earlier...
  • 5,000 apply in just 24 hours for 1,200 job openings (taking apps till Nov 15th)

    10/27/2009 2:07:19 AM PDT · by The Magical Mischief Tour · 6 replies · 652+ views
    This a from the Tennessean, the Pravda of the South. They don't like conservatives so you need to copy and paste the link. VW is opening a plant in Chattanooga and will be hiring 1,200 for production. They started taking applications on line today and have received over 5,000 and the application period runs through November 15th.
  • 2010 Volkswagen Golf TDI: The Return of the Diesel Golf (It's B-A-A-A-CK!)

    10/21/2009 5:18:12 AM PDT · by Red Badger · 56 replies · 2,594+ views ^ | 10/2/2009 | Staff
    PDATED (October 2, 2009): Volkswagen has now officially released details on the 2010 Golf TDI. The new model is rated at 30/41 mpg (city/hwy) for the manual transmission and 32/42 mpg with VW’s advanced DSG automatic transmission. The car is priced from $21,990. Noticeably absent from the North American market since 2006, the Volkswagen Golf TDI will return for 2010. The new model was showcased today at the New York Auto Show, along with the high performance GTI (see our review here). There weren’t any standard Golfs on the floor, but we do have info on that model too....
  • VW commercial: Arab car bomb defeated by German technology

    09/22/2009 3:39:31 PM PDT · by clyde_m · 3 replies · 832+ views
    The Patriot Room ^ | September 22, 2009 | Clyde Middleton
    Outstanding commercial we'll never see on our politically correct television.
  • VW unveils 180 mile-per-gallon, two-seater L1 hybrid at Frankfurt Motor Show

    09/17/2009 9:11:20 PM PDT · by bruinbirdman · 66 replies · 2,540+ views
    The Telegraph ^ | 9/15/2009 | Andrew English
    The L1 concept is shorter than a VW Fox and lower than a Lamborghini. When it goes into production in 2013, it will be the most aerodynamic car in the world and, at just 840lb, the lightest. It is built of the most exotic materials, with slippery carbon-fibre coachwork, a fighter aircraft’s cockpit canopy and rear-view television cameras instead of wing mirrors. Its tiny, 800cc engine is one half of a VW 1.6-litre TDI turbodiesel unit, which delivers maximum power of 29 brake horsepower together with a 14 horse power electric motor to provide extra oomph for overtaking. Free road...
  • Porsche raided on insider trading suspicions

    08/22/2009 5:21:38 AM PDT · by xsrdx · 6 replies · 1,207+ views
    Newsweek ^ | 21 AUG 09 | Stefan Theil
    Porsche heaquarters was raided by German investigators Thursday due to suspicions of insider trading by former CEO Wendelin Wiedeking, who was ousted last month following an epic takeover battle in which the luxury carmaker almost swallowed Volkswagen─Europe's largest carmaker, which is more than 10 times Porsche's size─before VW turned the tables. It is now set to gobble up Porsche instead. In trying to buy up Volkswagen, Wiedeking had accumulated 43 percent of VW's shares but secretly held options on another 32 percent. Porsche did not disclose the options until October 2008, roiling the markets. The company said yesterday that the...
  • Triumph for VW in Porsche battle

    07/23/2009 10:20:34 PM PDT · by bruinbirdman · 1 replies · 373+ views
    The Financial Times ^ | 7/23/2009 | Daniel Schäfer in Frankfurt
    Porsche’s family owners on Thursday ended months of feuding over a rescue of Germany’s debt-ridden sports carmarker by agreeing a merger with Volkswagen and ousting its chief executive Wendelin Wiedeking with a huge €50m pay-off. The merger, which is planned for 2011, would bring Porsche under the umbrella of Europe’s biggest car and truck empire, where it would join other famous marques including Audi, Bugatti and Bentley. But the terms of Mr Wiedeking’s payoff, one of the biggest ever in Germany, reignited a fierce public row over executive pay in the country, which is heading towards a general election in...
  • VW plans merger with Porsche (Article Doesn't Mention Once How Their Founder Designed the Bug)

    07/23/2009 12:24:34 PM PDT · by Pyro7480 · 29 replies · 1,113+ views
    Yahoo! News (AP) ^ | 07/23/2009 | Oliver Scmale and Matt Moore
    The best thing Volkswagen AG can do when it carries through its proposed merger with Porsche is this: Leave Porsche alone and reap the revenue from a glossy brand with loyal, rich customers, analysts say. Having emerged Thursday atop a power struggle among members of the Piech and Porsche families — who control Porsche Autombil Holding SE — and cost Wendelin Wiedeking his job as chief executive, Volkswagen is left to gather the spoils, namely the marquee Porsche name that will soon be counted with Audi, Bentley and Lamborghini, already among its stable of luxury brands. "I don't think Volkswagen...
  • VW Factory - Germany

    06/29/2009 8:36:46 PM PDT · by diji · 25 replies · 1,321+ views
    YouTube ^ | CristianS75
    Leave it to the Germans..
  • The Battle To Watch: Volkswagen Vs. Toyota

    04/29/2009 1:17:09 AM PDT · by bruinbirdman · 31 replies · 1,410+ views
    Forbes ^ | 4/28/2009 | Jerry Flint
    Toyota's place as No. 1 in the world faces a challenge. Not from Detroit, but from Wolfsburg. Volkswagen is where the action is. General Motors (GM) and Chrysler are sinking away, Toyota (TM) is losing money, but in Wolfsburg (the lair of the German car company), Volkswagen (VLKAF.PK) is planning to conquer the world (or at least be No. 1) by 2018. Let's look at a few of the recent headlines: In the first quarter this year VW worldwide sales closed the gap on No. 1 automaker Toyota. VW sales of 1.4 million fell 11%, while Toyota's 1.8 million dropped...
  • Is that a VW logo behind Obama's face on Drudge?

    03/30/2009 1:42:08 PM PDT · by Cousin Eddie · 43 replies · 3,574+ views
    Looking at the pic of Obama on Drudge, is that a VW logo behind him? Little subliminal stuff going on? Don't know how to post a picture. Can anyone help with that?
  • VW's 2008 profit up 15%, eyes greater market share [$6b, Tennesse plant may spur more business ties]

    03/02/2009 8:29:37 AM PST · by wolf78 · 9 replies · 563+ views
    Google News ^ | March 02, 2009 | AFP
    FRANKFURT (AFP) — Volkswagen, Europe's biggest car maker, said on Monday its 2008 profit rose 15 percent and it expected to gain market share during the current global automotive sector crisis. A VW statement said 2008 net profit came to 4.75 billion euros (6.0 billion dollars) as sales rose 4.5 percent to a record 113.8 billion euros, with operating profit up 3.0 percent to 6.3 billion euros. The 2008 dividend was increased seven percent to 1.93 euros per share. "We met our target and surpassed our record results for 2007 even though conditions were tougher," chairman Martin Winterkorn said. VW...
  • Roadster's comeback worthy of celebration (VW Diesel sports car!!)

    01/12/2009 1:01:08 AM PST · by 2ndDivisionVet · 26 replies · 1,903+ views
    Motoring ^ | January 12, 2009
    Maximum driving fun with minimal fuel consumption: that's how VW has started car year 2009 by presenting the Concept BlueSport roadster at the North American International Auto Show. "The BlueSport proves to be a compact and passionate car with a clear Volkswagen signature. The car offers pure dynamics with a powerful 134kW Clean Diesel engine that is combined with the characteristic Volkswagen philosophy of efficiency," Volkswagen's board chairman Martin Winterkorn confirmed at the Detroit show. The Concept BlueSport is making its appearance at the car show in Detroit with a Flex Silver exterior and orange fabric convertible top. "It is...
  • VW Jetta Clean Diesel Wins! (Green Car Journal's GREEN CAR OF THE YEAR)

    11/20/2008 9:49:18 PM PST · by doug from upland · 62 replies · 1,374+ views
    green car dot com ^ | 11-20-08 | staff
    VW Jetta Clean Diesel Wins! by Green Car Journal Editors 11/20/2008 This is an important time for ‘green cars,’ even amid some of the most challenging times the auto industry has ever seen. The reasons are clear. In many ways, ‘green’ cars represent the future of the auto industry and the products that will enable our mobility in the years to come. It’s no longer an option for automakers to address the efficiency and environmental impact of new models, but rather an imperative. It will become even more so as environmental performance, in all its forms, becomes a greater touchstone...
  • Dark days ahead as German car town falls prey to recession

    11/14/2008 4:33:57 PM PST · by NRG1973 · 16 replies · 691+ views
    The Times Online ^ | November 14, 2008 | Roger Boyes
    Lenny Brecher was in a foul mood yesterday as he wheeled his bicycle out of the Volkswagen factory in Wolfsburg. Germany, the powerhouse of Europe, is in recession and the bad news had just caught up with the 24-year-old welder. “Recession, what does that mean?” he asked, trying to push his way through a knot of colleagues leaving the early shift. “It's just another excuse to get rid of us.” He was grumpy because VW's first reflex in the swirling economic crisis has been to shed 750 workers before Christmas. Thousands more temporary workers like Lenny are expected to be...
  • VW becomes world's biggest company as short sellers' panic drives shares

    10/28/2008 9:01:36 AM PDT · by TigerLikesRooster · 23 replies · 708+ views
    Telegraph ^ | 10/28/08 | Roland Gribben
    VW becomes world's biggest company as short sellers' panic drives shares Volkswagen briefly overtook Exxon as the world's biggest company by market value as panic buying by short sellers to cover positions drove the shares up 93pc. By Roland Gribben Last Updated: 2:16PM GMT 28 Oct 2008 Volkswagen briefly overtook Exxon as the world's biggest company by market value after its shares hit 1,005 euros as short sellers closed positions. Photo: Reuters Europe's largest vehicle manufacturer was valued at €296bn (£236bn), against $359bn (£227bn) for Exxon, after its shares hit €1,005 in early trading in an ongoing reaction to details...
  • VW briefly world top company as shortsellers caught

    10/28/2008 5:31:54 AM PDT · by truthfreedom · 23 replies · 718+ views
    Reuters ^ | 10/28/08 | Sarah Marsh
    FRANKFURT, 28 Oct (Reuters) - Volkswagen (VOWG.DE: Quote, Profile, Research, Stock Buzz) briefly became the world's biggest company by market value on Tuesday, as short sellers continued to pile into the stock on weekend news Porsche had bought up much of VW's remaining free float. Shares in the German car maker hit an intraday high of 1,005.01 euros, valuing the company at 296.06 billion euros ($370.4 billion) based on ordinary stock, more than that of worl'd number one company Exxon Mobil Corp's (XOM.N: Quote, Profile, Research, Stock Buzz) $343 billion market value at Monday's closing price. for the rest
  • Hedge funds hit as Porsche moves on VW

    10/27/2008 9:25:23 PM PDT · by bruinbirdman · 13 replies · 1,009+ views
    The Financial Times ^ | 10/27/2008 | Richard Milne in London
    Volkswagen’s shares more than doubled on Monday after Porsche moved to cement its control of Europe’s biggest carmaker and hedge funds, rushing to cover short positions, were forced to buy stock from a shrinking pool of shares in free float. VW shares rose 147 per cent after Porsche unexpectedly disclosed that through the use of derivatives it had increased its stake in VW from 35 to 74.1 per cent, sparking outcry among investors, analysts and corporate governance experts. Max Warburton, analyst at Sanford Bernstein, said it had brought the German market into disrepute. “It is a huge question for regulators...
  • Jetta TDI first clean diesel to qualify for tax credit (IRS Approved)

    08/21/2008 7:16:58 AM PDT · by Red Badger · 33 replies · 801+ views ^ | 08/21/2008 | by Sam Abuelsamid
    Volkswagen has a number of firsts for its 2009 Jetta TDI. It is the first new diesel powered passenger car on the market in the U.S. to qualify for sales in all 50 states under the Tier 2 Bin 5 (T2B5) emissions standard. And now it's also the first diesel car to qualify for a federal income tax credit under the Advanced Lean Burn Technology Motor Vehicle income tax credit program. The Internal Revenue Service has certified that the 2009 Jetta TDI qualifies for a one-time tax credit of $1,300. That is the same amount that buyers of General Motors...