Wolfgang Duerheimer News
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Bentley Motors Ltd., the British super-luxury brand owned by Volkswagen AG, presented a convertible concept version of its flagship Mulsanne model to vie with the Rolls Royce Phantom Drophead Coupe.
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Porsche AG , the maker of the 911 sports car, appointed Volkswagen AG ’s engines head Wolfgang Hatz to take over as development chief as the luxury manufacturer prepares to add models.
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Volkswagen AG Chief Executive Officer Martin Winterkorn appointed a new trucks chief, added a top executive for China and replaced three Audi board members as part of a shakeup to push forward with his growth plans.
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Even as rivals Mercedes-Benz and Bayerische Motoren Werke AG spent more than a decade expanding production overseas, Audi has clung steadfastly to its flagship factories in Germany. That’s about to change.
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Porsche AG said the new limited- production 911 Speedster may sell out by the end of October as orders for the sports car grow “by the hour.”
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Porsche AG said it has almost 900 potential buyers for its 918 Spyder hybrid prototype as the manufacturer moves toward approving production of the vehicle.
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Happy days are here again for Porsche, Lamborghini and other elite auto brands.
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Volkswagen AG will appoint a new trucks chief, add a top executive to oversee China and replace three members of Audi’s board as part of a management shakeup at Europe’s largest carmaker to push forward with growth plans.
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Volkswagen AG , Europe’s largest carmaker, is planning to shuffle managers at its luxury brands as part of a merger with Porsche AG , according to people with direct knowledge of the matter.
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Volkswagen AG’s super-luxury Bentley brand sold more cars in China than Britain for the first time in its 92-year history and said it’s seeking to capitalize on wealthy customers reopening their wallets this year.
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