Volkswagen

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VW Opens Russian Factory
VW Opens Russian Factory

VW Opens Russian Factory

Auto maker may find stiff competition already there

(Newser) - Volkswagen is attempting to break in to the Russian auto market by opening a major factory in the town of Kaluga, 100 miles southwest of Moscow. They are not alone: Der Speigel reports that Volvo and Renault already produce cars there, and GM, Ford and BMW have all grabbed substantial...

Court Overturns Volkswagen Law, Takeover Likely

Porsche to exercise control in VW

(Newser) - The EU’s highest court today overturned a 47-year-old German law that protected Volkswagen AG from takeover, opening the door for a long-rumored Porsche coup. Porsche already owns 31% of VW, but the law capped their voting rights at 20%. With that impediment gone, “I see Porsche flexing its...

Apple, VW Steer Toward iCar
Apple, VW Steer Toward iCar

Apple, VW Steer Toward iCar

Car would appeal to young target groups, analysts say

(Newser) - Apple and Volkswagen are cruising toward a new partnership to develop a car loaded with gizmos from the digital maverick. Steve Jobs met with VW chief Martin Winterkorn in California this week to discuss plans for an “iCar,” the AP reports. Negotiations have just begun, but a VW...

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