http://www.mail.com/companies/1682-volkswagen-ag.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.29/img/mailcom_logo_rss.png http://www.mail.com/companies/1682-volkswagen-ag.html http://www.mail.com/business/economy/2156816-porsche-family-buys-stake-qatar-fund.html BERLIN (AP) — Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund. Carmaker Porsche confirmed the transaction Monday but didn't reveal the sales price. The Porsche and Piech families are now again the sole shareholders of Porsche Automobil Holding S... Mon, 17 Jun 2013 12:15:49 GMT http://www.mail.com/business/economy/2156816-porsche-family-buys-stake-qatar-fund.html 2013-06-17T12:15:49Z http://www.mail.com/business/economy/2128022-ex-porsche-cfo-guilty-fraud-vw-bid.html BERLIN (AP) — Porsche's ex-finance chief has been convicted of fraud after a court found he provided false information during the German sports car marker's failed 2009 attempt to take over Volkswagen AG. Former Porsche CFO Holger Haerter was fined an unspecified amount after being found guilty Tuesday by a Stuttgart state court, the dpa news agency repor... Tue, 04 Jun 2013 10:07:56 GMT http://www.mail.com/business/economy/2128022-ex-porsche-cfo-guilty-fraud-vw-bid.html 2013-06-04T10:07:56Z http://www.mail.com/business/economy/2113696-vws-german-workers-win-raises-pay-deal.html FRANKFURT, Germany (AP) — Volkswagen's German factory workers will get a two-stage raise under a new wage deal reached as the automaker grapples with slipping sales and profit. The company said Tuesday it agreed with the IG Metall union on increases of 3.4 percent from Sept. 1 and 2.2 percent from July 1 of next year through February 2015. The agreement c... Tue, 28 May 2013 10:23:20 GMT http://www.mail.com/business/economy/2113696-vws-german-workers-win-raises-pay-deal.html 2013-05-28T10:23:20Z http://www.mail.com/business/economy/2071126-germany-plans-tighter-control-managers-pay.html BERLIN (AP) — The German government plans to give company shareholders a greater say in setting managers' pay — a proposal aimed at curbing perceived corporate excesses along the same lines as a measure approved by voters in neighboring Switzerland earlier this year. Chancellor Angela Merkel's government hopes to pass Wednesday's Cabinet proposal into law... Wed, 08 May 2013 15:38:49 GMT http://www.mail.com/business/economy/2071126-germany-plans-tighter-control-managers-pay.html 2013-05-08T15:38:49Z http://www.mail.com/business/economy/2057890-tough-auto-market-dents-bmw-earns-sales-q1.html FRANKFURT, Germany (AP) — Tough auto markets worldwide — including a deep slump in Europe — and investment in new technology dented first-quarter earnings at German automaker BMW AG. BMW's net profit fell 3 percent to 1.312 billion euros ($1.73 billion) as revenues declined 4.1 percent to 17.55 billion euros. The earnings figures follow a quarter in which... Thu, 02 May 2013 08:04:18 GMT http://www.mail.com/business/economy/2057890-tough-auto-market-dents-bmw-earns-sales-q1.html 2013-05-02T08:04:18Z http://www.mail.com/business/economy/2051046-volkswagen-brand-earns-fall-than-half.html FRANKFURT, Germany (AP) — Volkswagen's namesake brand saw operating earnings slip by 45 percent in the first quarter, as it joined the ranks of European carmakers suffering a tough first quarter. The brand earned 590 million euros before interest and taxes, compared to 1.08 billion euros in the same period a year earlier. Audi, Volkswagen AG's luxury main... Mon, 29 Apr 2013 14:59:16 GMT http://www.mail.com/business/economy/2051046-volkswagen-brand-earns-fall-than-half.html 2013-04-29T14:59:16Z http://www.mail.com/business/economy/2041210-fords-quarter-profit-up-15-pct-to-16b.html DEARBORN, Mich. (AP) — Ford Motor Co.'s first-quarter profit rose 15 percent to a $1.6 billion thanks to record earnings in North America and strong sales in China. The automaker lost money again in Europe, although it sees some hints of improvement there. Ford earned 40 cents per share, up from 35 cents in the same quarter a year ago. Without one-time ch... Wed, 24 Apr 2013 20:20:38 GMT http://www.mail.com/business/economy/2041210-fords-quarter-profit-up-15-pct-to-16b.html 2013-04-24T20:20:38Z http://www.mail.com/business/economy/2041842-european-recession-hits-major-car-makers.html FRANKFURT, Germany (AP) — Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the industry began reporting earnings. Germany's Volkswagen AG said its first-quarter net profit fell 38 percent to 1.95 billion euros ($2.5 billion), while Daimler AG's was down 60 perce... Wed, 24 Apr 2013 17:18:31 GMT http://www.mail.com/business/economy/2041842-european-recession-hits-major-car-makers.html 2013-04-24T17:18:31Z http://www.mail.com/business/economy/2040804-toyota-top-selling-automaker-despite-china-fall.html TOKYO (AP) — Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with General Motors and Volkswagen is proving tight, as its sales fall in China and Japan. Toyota Motor Corp. reported Wednesday it sold 2.43 million vehicles during the January-March period, outpacing U.S. automaker... Wed, 24 Apr 2013 13:17:49 GMT http://www.mail.com/business/economy/2040804-toyota-top-selling-automaker-despite-china-fall.html 2013-04-24T13:17:49Z http://www.mail.com/business/economy/2041170-vw-earnings-lower-europe-weighs-revenue.html BERLIN (AP) — Volkswagen AG reaffirmed its full-year earnings outlook Wednesday even after it reported a 38 percent fall in first-quarter profit as sagging demand in Europe weighed on revenues. Europe's biggest automaker said it earned 1.95 billion euros ($3.15 billion) in the January-March period, compared with 3.15 billion euros a year earlier. Last yea... Wed, 24 Apr 2013 11:36:01 GMT http://www.mail.com/business/economy/2041170-vw-earnings-lower-europe-weighs-revenue.html 2013-04-24T11:36:01Z http://www.mail.com/scitech/news/2034328-shanghai-show-japan-automakers-woo-lost-sales.html SHANGHAI (AP) — Japanese automakers promised special Chinese designs and green technology in addition to the usual flashy fanfare at this year's Shanghai Auto Show, trying to woo back sales that crumpled during a territorial dispute over East China Sea islands late last year. China is the world's biggest auto market by number of vehicles sold and crucial ... Sun, 21 Apr 2013 05:21:33 GMT http://www.mail.com/scitech/news/2034328-shanghai-show-japan-automakers-woo-lost-sales.html 2013-04-21T05:21:33Z http://www.mail.com/business/economy/2032838-automakers-target-chinese-buyers-shanghai.html SHANGHAI (AP) — Global and Chinese automakers showcased family-friendly sedans and SUVs targeting coveted urban buyers at China's biggest auto show Saturday as competition intensifies in this huge but crowded market. China's vehicle sales rose 13 percent in March, blistering growth by Western standards but down from 45 percent in 2009. With sales weak els... Sat, 20 Apr 2013 13:49:32 GMT http://www.mail.com/business/economy/2032838-automakers-target-chinese-buyers-shanghai.html 2013-04-20T13:49:32Z http://www.mail.com/business/economy/2027710-chinese-automakers-struggle-global-rivals.html SHANGHAI (AP) — These should be good times for Chinese automakers as they prepare to show off their latest models at the Shanghai auto show. Their home market is the world's biggest and growing. But independent automakers such as Chery and Geely are being squeezed by bigger, richer global rivals including General Motors and Nissan that have moved into tur... Thu, 18 Apr 2013 10:15:24 GMT http://www.mail.com/business/economy/2027710-chinese-automakers-struggle-global-rivals.html 2013-04-18T10:15:24Z http://www.mail.com/business/economy/2022764-gm-1q-global-sales-rise-36-percent-to-beat-vw.html DETROIT (AP) — General Motors edged out fast-growing Volkswagen in first-quarter sales as both companies try to close the gap with Toyota for the global world sales crown. Toyota, which is scheduled to release first-quarter numbers next week, dethroned GM to retake the top spot in 2012, a year in which VW posted record sales and came within 190,000 vehicl... Tue, 16 Apr 2013 13:02:53 GMT http://www.mail.com/business/economy/2022764-gm-1q-global-sales-rise-36-percent-to-beat-vw.html 2013-04-16T13:02:53Z http://www.mail.com/business/economy/2015254-volkswagen-march-sales-flat-europe-struggles.html FRANKFURT, Germany (AP) — German automaker Volkswagen AG says sales were flat in March and that global car markets outside North America and China "are becoming even more difficult." The Wolfsburg-based company delivered 864,400 vehicles during the month, 0.2 percent more than the same month a year ago. Sales chief Christian Klingler said in a statement F... Fri, 12 Apr 2013 09:14:17 GMT http://www.mail.com/business/economy/2015254-volkswagen-march-sales-flat-europe-struggles.html 2013-04-12T09:14:17Z http://www.mail.com/business/economy/1966502-vw-announces-china-recall-gearbox-problem.html BEIJING (AP) — Volkswagen AG announced a recall Wednesday of more than 384,000 vehicles in China to fix gearboxes following a report last week by state TV that criticized the quality of the German automaker's cars. Volkswagen said that problems with direct-shift gearboxes might cause a power interruption, but it said drivers could remain in control and ma... Wed, 20 Mar 2013 14:04:39 GMT http://www.mail.com/business/economy/1966502-vw-announces-china-recall-gearbox-problem.html 2013-03-20T14:04:39Z http://www.mail.com/business/finance/1934974-dc-region-faces-unique-challenges-budget-cuts.html ARLINGTON, Va. (AP) — To get a sense of just how much federal government spending influences the Washington metropolitan area, all you have to do is listen to the ads on an all-news radio station there. Instead of promoting happy hours and nightclubs, WTOP's commercials are replete with buzzwords about cloud computing and fulfilling mission statements — p... Wed, 06 Mar 2013 23:45:32 GMT http://www.mail.com/business/finance/1934974-dc-region-faces-unique-challenges-budget-cuts.html 2013-03-06T23:45:32Z http://www.mail.com/business/economy/1924488-us-auto-sales-power-ahead-february.html DETROIT (AP) — Americans want new cars and trucks, and they're not letting higher gas prices or political dysfunction stand in their way. New car and truck sales were up 4 percent in February as rising home construction and cheap financing kept the U.S. auto recovery on track. While the pace of growth is slowing, industry analysts expect more gains in the... Fri, 01 Mar 2013 21:48:46 GMT http://www.mail.com/business/economy/1924488-us-auto-sales-power-ahead-february.html 2013-03-01T21:48:46Z http://www.mail.com/business/economy/1908122-volkswagen-earnings-up-41-percent-2012.html BERLIN (AP) — German automaker Volkswagen AG said Friday its net profit increased 41 percent for 2012, but earnings fell a little short of analysts' expectations and the company issued a cautious forecast for this year. Full-year earnings rose to €21.7 billion ($28.7 billion) from €15.4 billion the previous year; analysts surveyed by FactSet had expected ... Fri, 22 Feb 2013 15:43:01 GMT http://www.mail.com/business/economy/1908122-volkswagen-earnings-up-41-percent-2012.html 2013-02-22T15:43:01Z http://www.mail.com/business/economy/1885792-vw-reports-174-pct-increase-january-sales.html BERLIN (AP) — Germany's Volkswagen AG says it started off the year with brisk car sales, as deliveries outside Europe — particularly in China — helped more than offset declines in its home market. Europe's largest automaker said Tuesday overall January sales were up 17.4 percent to 491,900 from 419,100 in January 2012. European sales dropped 6.8 percent t... Tue, 12 Feb 2013 09:31:00 GMT http://www.mail.com/business/economy/1885792-vw-reports-174-pct-increase-january-sales.html 2013-02-12T09:31:00Z http://www.mail.com/business/economy/1850316-toyota-no-1-with-975m-sales-2012.html TOKYO (AP) — It's official: Toyota is once again the world's top automaker. Toyota Motor Corp. released its tally for global vehicle sales for last year Monday at a record 9.748 million vehicles — more than last month's estimate of about 9.7 million vehicles. It was already clear Toyota had dethroned General Motors Co. as the Detroit-based automaker fell ... Mon, 28 Jan 2013 23:33:00 GMT http://www.mail.com/business/economy/1850316-toyota-no-1-with-975m-sales-2012.html 2013-01-28T23:33:00Z http://www.mail.com/business/economy/1823252-browning-vw-expects-us-growth-2013.html DETROIT (AP) — New vehicles and lower prices helped Volkswagen AG to its best U.S. sales year ever in 2012. But it has even bigger plans. Volkswagen — which is made up of the Volkswagen, Audi and ultra-luxury Bentley, Lamborghini and Bugatti brands — wants to nearly double its U.S. sales to 1 million by 2018, as part of a larger plan to reach 10 million s... Tue, 15 Jan 2013 22:05:00 GMT http://www.mail.com/business/economy/1823252-browning-vw-expects-us-growth-2013.html 2013-01-15T22:05:00Z http://www.mail.com/business/economy/1819074-eurozone-industrial-output-3rd-month.html LONDON (AP) — Industrial output across the 17 European Union countries that use the euro fell in November for the third straight month, official figures showed Monday, raising fears that the recession in the region has continued into the last three months of 2012. The 0.3 percent monthly decline reported by Eurostat, the EU's statistics office, was worse ... Mon, 14 Jan 2013 13:49:00 GMT http://www.mail.com/business/economy/1819074-eurozone-industrial-output-3rd-month.html 2013-01-14T13:49:00Z http://www.mail.com/business/economy/1818876-volkswagen-reports-record-sales-2012.html BERLIN (AP) — German automaker Volkswagen AG says its 2012 group sales hit a record high as growing demand around the world more than offset sluggish sales in Europe. It says Monday that more than nine million vehicles were delivered for the first time. The total of 9.07 million was up 11.2 percent from the 8.16 million delivered in 2011. December sales w... Mon, 14 Jan 2013 07:09:00 GMT http://www.mail.com/business/economy/1818876-volkswagen-reports-record-sales-2012.html 2013-01-14T07:09:00Z http://www.mail.com/business/economy/1813478-skoda-auto-reports-record-sales-2012.html PRAGUE (AP) — Czech carmaker Skoda Auto AS says its unit sales rose by 6.8 percent in 2012 to reach a record high. Skoda Auto, which is owned by Germany's Volkswagen AG, says in a statement Friday it sold 939,200 cars last year, compared with 879,200 cars in 2011, the previous record high. The company expects further growth in the years to come. ... Fri, 11 Jan 2013 10:51:00 GMT http://www.mail.com/business/economy/1813478-skoda-auto-reports-record-sales-2012.html 2013-01-11T10:51:00Z http://www.mail.com/business/economy/1776186-german-prosecutors-charge-ex-porsche-chiefs.html BERLIN (AP) — German prosecutors have charged two former Porsche executives with market manipulation in connection with the sports car company's failed takeover of Volkswagen AG, officials said Wednesday. Prosecutors in Porsche's home city of Stuttgart accuse former chief executive Wendelin Wiedeking and ex-chief financial officer Holger Haerter of making... Wed, 19 Dec 2012 12:17:00 GMT http://www.mail.com/business/economy/1776186-german-prosecutors-charge-ex-porsche-chiefs.html 2012-12-19T12:17:00Z