GM calls VW’s CEO comments regarding Opel ‘regrettable’
The rumors about the possible sale of Opel, the European unit of General Motors, are getting more complicated by the minute. Volkswagen AG's CEO Martin Winterkorn commented about the... Read more
Porsche integration is on track, says Volkswagen CEO
Martin Winterkorn, the CEO of both Volkswagen AG and Porsche Automobil Holding SE, confidently stated that the $2 billion lawsuit initiated by several US hedge funds has not disrupted the... Read more
Volkswagen’s U.S. unit will be profitable shortly, says CEO
At an event to discuss VW's electric-car strategy, CEO Martin Winterkorn told reporters that a chief for the US unit will be appointed soon and that this unit is expected to be profitable... Read more
3 percent of Volkswagen’s global sales will be electric vehicles by 2018, says CEO
Volkswagen AG aims for its all-electric vehicles, which will be launched in 2013, to account for 3% of annual sales by 2018, according to CEO Martin Winterkorn. However, the share of... Read more
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