Martin Winterkorn

VW CEO to unveil “Future Tracks” strategy by end of 2014

VW CEO to unveil “Future Tracks” strategy by end of 2014

Volkswagen chief executive Martin Winterkorn will unveil a new strategy dubbed as “Future Tracks” by end of 2014, according to report by Manager Magazin. Winterkorn told the German magazine... Read more about VW CEO to unveil “Future Tracks” strategy by end of 2014


European auto industry needs to close around 10 factories, Vw CEO says

European auto industry needs to close around 10 factories, Vw CEO says

About 10 car factories in Europe will have to shut down to ease overcapacity as a result of the region's struggling market, according to Volkswagen CEO Martin Winterkorn. However,... Read more about European auto industry needs to close around 10 factories, Vw CEO says


Vw CEO believes hydrogen fuel cells are not a cost-effective method

Vw CEO believes hydrogen fuel cells are not a cost-effective method

Volkswagen AG CEO Martin Winterkorn said that hydrogen fuel cells have not been able to meet expectations and will probably not be a cost-effective method to be used on cars in the near... Read more about Vw CEO believes hydrogen fuel cells are not a cost-effective method


Volkswagen CEO Martin Winterkorn gets a 20 percent pay cut for 2012

Volkswagen CEO Martin Winterkorn gets a 20 percent pay cut for 2012

For 2012, Volkswagen CEO Martin Winterkorn will be given a 14 million euros ($18.7 million) payment – about 20% lower than what he got last year, according to German magazine Der Spiegel.... Read more about Volkswagen CEO Martin Winterkorn gets a 20 percent pay cut for 2012


Vw CEO Martin Winterkorn receives a substantial pay rise

Vw CEO Martin Winterkorn receives a substantial pay rise

The best-paid CEO among the 30 companies listed on Germany's DAX Index is Martin Winterkorn, the CEO of the Volkswagen Group (which posted a record profit in 2011). Winterkorn had earnings... Read more about Vw CEO Martin Winterkorn receives a substantial pay rise


VW aims to match last year’s record profit for 2012, CEO Winterkorn says

VW aims to match last year’s record profit for 2012, CEO Winterkorn says

For this year, Volkswagen AG is aiming to be at par with the high level of profit it achieved in 2011, CEO Martin Winterkorn disclosed. The company is betting on the new generations of VW... Read more about VW aims to match last year’s record profit for 2012, CEO Winterkorn says


Vw expects 2012 to be much tougher, says CEO Martin Winterkorn

Vw expects 2012 to be much tougher, says CEO Martin Winterkorn

The CEO of Volkswagen AG, Martin Winterkorn, said that 2012 will be a “harder” year for the business with the European debt crisis crimping the demand for vehicles. In last Monday’s... Read more about Vw expects 2012 to be much tougher, says CEO Martin Winterkorn


Vw says its global staff will increase by more than 10 percent next year

Vw says its global staff will increase by more than 10 percent next year

Volkswagen’s worldwide staff will possibly increase by over 10% in 2012, according to CEO Martin Winterkorn in an interview with German newspaper Bild am Sonntag. He said that the group... Read more about Vw says its global staff will increase by more than 10 percent next year


Vw Group CEO Martin Winterkorn satisfied by the Skoda and Seat sales

Vw Group CEO Martin Winterkorn satisfied by the Skoda and Seat sales

Volkswagen Group’s subsidiaries -- Skoda and Seat – have been performing well and at a level that CEO Martin Winterkorn is satisfied with. He said that Skoda could sell 1.5 million cars in... Read more about Vw Group CEO Martin Winterkorn satisfied by the Skoda and Seat sales


Volkswagen says its production was not affected by the earthquake in Japan

Volkswagen says its production was not affected by the earthquake in Japan

Volkswagen AG’s CEO Martin Winterkorn said at a recent press conference in Salzburg, Austria that its production has not been affected by disruptions at Japanese parts makers because of the... Read more about Volkswagen says its production was not affected by the earthquake in Japan


Vw’s CEO Martin Winterkorn is better paid than Daimler’s CEO Dieter Zetsche

Vw’s CEO Martin Winterkorn is better paid than Daimler’s CEO Dieter Zetsche

Volkswagen AG CEO Martin Winterkorn was paid more in 2010 than Daimler AG CEO Dieter Zetsche. Winterkorn’s compensation had increased by 41% as record earnings were posted by Volkswagen,... Read more about Vw’s CEO Martin Winterkorn is better paid than Daimler’s CEO Dieter Zetsche


VW adds 5 more years to contract of CEO Martin Winterkorn to overtake Toyota

VW adds 5 more years to contract of CEO Martin Winterkorn to overtake Toyota

The contract of Volkswagen AG's CEO, 63-year-old Martin Winterkorn, was extended by five years as he seeks to complete a merger with Porsche Automobil Holding SE and outdo Toyota Motor... Read more about VW adds 5 more years to contract of CEO Martin Winterkorn to overtake Toyota


VW picks Porsche over Audi to lead development of sports cars, luxury sedans

VW picks Porsche over Audi to lead development of sports cars, luxury sedans

Audi’s hopes were crushed when Volkswagen CEO Martin Winterkorn finally decided to give Porsche the lead in developing sports cars and big luxury sedans for VW group. For the last several... Read more about VW picks Porsche over Audi to lead development of sports cars, luxury sedans


VW Board extends term of CEO Martin Winterkorn

VW Board extends term of CEO Martin Winterkorn

Volkswagen AG CEO Martin Winterkorn’s contract has been extended until 2016, according to a report from German magazine Der Spiegel. Winterkorn is expected to receive a fresh five-year term... Read more about VW Board extends term of CEO Martin Winterkorn


Alfa Romeo and Ferrari sale to Volkswagen is just a dream, says Marchionne

Alfa Romeo and Ferrari sale to Volkswagen is just a dream, says Marchionne

Fiat S.p.A. CEO Sergio Marchionne and Volkswagen CEO Martin Winterkorn are describing a sale of its Alfa Romeo and Ferrari brands to its German rival as simply a “dream.” At an event in... Read more about Alfa Romeo and Ferrari sale to Volkswagen is just a dream, says Marchionne


VW set to buy Porsche Holding Salzburg Group for $4.55Bil

VW set to buy Porsche Holding Salzburg Group for $4.55Bil

In a move that Volkswagen AG says will help it reach its goal to become the top global automaker, VW will pay EUR3.3 billion ($4.55 billion) to purchase Porsche Holding Salzburg, Europe’s... Read more about VW set to buy Porsche Holding Salzburg Group for $4.55Bil


Audi’s 3Q 2010 results exceed market forecasts by a big margin

Audi’s 3Q 2010 results exceed market forecasts by a big margin

For the third quarter, Volkswagen’s luxury brand Audi had profitability that far exceeded market forecasts and thriving earnings from its China operations. Last Wednesday, VW revealed... Read more about Audi’s 3Q 2010 results exceed market forecasts by a big margin


Volkswagen claims to be on track to take the lead from Toyota

Volkswagen claims to be on track to take the lead from Toyota

After having posted surging results in China, Volkswagen AG CEO Martin Winterkorn claims that the company is gaining on Toyota Motor Corp.’s sales and profitability. He added that the... Read more about Volkswagen claims to be on track to take the lead from Toyota


Volkswagen’s supervisory board to extend CEO Martin Winterkorn’s contract

Volkswagen’s supervisory board to extend CEO Martin Winterkorn’s contract

Saying that the CEO has “advanced the company in every respect,” Volkswagen AG’s supervisory board plans to extend CEO Martin Winterkorn’s contract by several more years, according to Bernd... Read more about Volkswagen’s supervisory board to extend CEO Martin Winterkorn’s contract


Martin Winterkorn is the new Porsche CEO

Martin Winterkorn is the new Porsche CEO

Effective September 15, Dr. Martin Winterkorn will serve as CEO and Hans Dieter Patsch will be CFO of Porsche Automobil Holding SE. The supervisory board appointed the two in its most... Read more about Martin Winterkorn is the new Porsche CEO






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