List of News and Information about takeover and vw on 4WheelsNews.com
News and Information about takeover and vw
Read the latest news and information about takeover and vw published on 4WheelsNews.com! View comments and pictures about takeover and vw on 4WheelsNews.com!
In an ironic twist of events that has Volkswagen closer to a deal to buy Porsche-AG instead of the other way around, German newspaper Der Spiegel reports that the agreement would allow for Porsche to be bought for about €8 billion ($11.28 billion).
On July 23, the Porsche supervisory board will be meeting to decide whether to finalize a deal that would give 49.9% of Porsche to Volkswagen, while still allowing for the possibility of a full acquisition.
If the deal pushes through, Porsche will be 10th car brand owned by the Volkswagen Group. Other brands include Audi, Bentley, Bugatti, Lamborghini, Seat, Scania. Skoda, VW and VW Commercial Vehicles.Read the entire article Report: Vw to buy Porsche AG for €8 billion
Many speculations have cropped up over what will happen to Porsche's product lineup once Volkswagen takes over. CAR Magazine in the UK has come up with its own dramatic predictions. The British site believes the popular Cayenne SUV and new Panamera will not be picked up again when their product cycles end in seven years.
CAR says VW chairman Ferdinand Piech is planning to take a more brand-specific approach to Porsche by focusing on the two seat sportscars that make the sports car maker great.
The vehicle that keeps getting mentioned is a roadster that could slot below the Boxster in the Porsche lineup. The entry Porsche could be based on VW's Modular Sportscar Structure (MSS), giving Porsche an entry level mid-engine sports car that considerably more will be able to afford.Read the entire article Vw’s takeover may kill the Porsche Cayenne SUV and new Panamera
Despite analysts' warnings that nothing will come of its protests, Norway's state fund -- Norges Bank Investment Management -- renewed its attack on Volkswagen AG's impending takeover of parts of Porsche Automobil Holding SE. Norway's $420 billion wealth fund, one of the biggest sovereign wealth funds (SWF) worldwide, is a VW investor.
The state fund referred to VW's plan as "costly and opaque" and stated that it would be taking a more activist approach to shareholdings in its portfolio.
Anna Kvam, head of corporate governance at Norway 's state fund, said that it intends to uplift the rights of minority shareholders and raise standards of corporate governance and sustainability in the firms it owns.Read the entire article Norwegian fund renews its attack on Vw’s planned takeover of Porsche
Customers seeking a hardcore version of the Volkswagen T-Roc can finally flash a smile. This comes after the German carmaker unveiled a performance version of the high-riding crossover at the 2019 Geneva Motor Show – the all-new Volkswagen T-Roc R. Sales of the new T-Roc are expected to commence by the end of the year.
The all-new Volkswagen T-Roc R was developed by Volkswagen R, a wholly owned independent subsidiary of VW. The carmaker has been using the letter R – indicating its link to motor sports -- since the Golf R32. Now, the T-Roc R is privilege to have inherited the letter, making it the first crossover since the Touareg R50 to bear the initial.
To indicate the performance potential of the new Volkswagen T-Roc R, it features a specially redesigned radiator grille with a polished silver anodized aluminum band on the underside. The radiator grille also bears the “R” logo while the bumper boasts of a sporty design as finished in the vehicle color. Integrated into the front bumper are vertically arranged daytime running lights,Read the entire article 2019 Geneva Motor Show: Volkswagen T-Roc R is a performance-laden 300-PS crossover
German carmaker Volkswagen is now making the latest evolution of the new Volkswagen Golf GTI -- the new Golf GTI TCR. First unveiled as a concept at the annual GTI meeting in Worthersee, Austria, the new Golf GTI TCR is touted to be the most hardcore, most powerful and the fastest Golf GTI ever. Interested customers in Germany can now order the new Golf GTI TCR at a starting price of EUR38,950 (around $44,356) including VAT.
The new Volkswagen Golf GTI TCR is basically the street going version of the same-named racing car that won the international TCR racing series two times. It is powered by a version of the carmaker’s 2.0-liter turbocharged four-cylinder engine that is tuned to deliver up to 286 hp (213 kW) of max output. Power is sent to the wheels through a seven-speed dual-clutch transmission – the only option -- with a limited-slip front differential.
With this amount of power, the new Volkswagen Golf GTI TCR is capable of sprinting from nil to 62 miles per hour (100 km/h) in just 5.6 seconds, on its way to a limited top speed of 155 mph (250 km/h). However, when a customer avails of a certain option (Vmax), the Golf GTI TCR can go as fast as 162 mph (260 km/h).Read the entire article Volkswagen Golf GTI TCR comes to life as orders now being accepted
Volkswagen is introducing its smallest sports utility vehicle so far, this further expanding its SUV lineup. With the new and tiny Volkswagen T-Cross, the German carmaker is taking advantage of the continued growing demand for SUVs, whether large or small.
With a styling that makes it appear like a smaller brother of the Volkswagen T-Roc, the new VW T-Cross is underpinned by the A0 version of the VW Group’s MQB platform. This is the same platform that underpins other models in the VW Group such as the VW Polo and Audi A1 as well as the SEAT Ibiza and SEAT Arona crossover.
The compact nature of the new VW T-Cross is wrapped in its small dimensions. It boasts of a length of just 161.8 inches (4.11 meters), making nearly as long as the Nissan Juke small crossover. Inside, the new VW T-Cross can accommodate between 13.6 cubic feet (385 liters) to 16.07 cubic feet (455 liters) of cargo, depending on the position of the rear seats. These rear seats can slide 5.5 inches (14 cm), thereby increasing or reducing the available cargo space. When the rear seats are folded down, the cargo space offered by the VW T-Cross increases to 45.24 cubic feet (1,281 liters). An optional folding front passenger seat can be availed by customers who need more cargo room.Read the entire article New Volkswagen T-Cross is the carmaker’s latest and smallest SUV
The limited-run Volkswagen XL1 plug-in hybrid coupe isn't your ordinary car. While it doesn’t have superb power or excellent handling, it does offer superior levels aerodynamics and fuel efficiency. Too bad, its production was very limited and there is no chance you can get a new XL1.
But in a twist of fate, an almost new VW XL1 is up for auction in the United Kingdom. According to Autoblog, Silverstone Auctions will be conducting the auction for the XL1 plug-in hybrid. In particular, the model to be auctioned is 2014 VW XL1. Yes, this plug-in hybrid model is already around four years old, it is practically new. After all, this super-aerodynamic coupe registered only 79 miles on the odometer.
This 2014 VW XL1 coupe is just one of the 30 examples sold by the German carmaker in the UK. Overall, VW only built 250 models, all of which were sold in Europe including in the UK. Thus, the auction is a great opportunity to purchase a rare model, and a fairly new one not the least.Read the entire article Silverstone Auctions is selling a 2014 VW XL1 plug-in hybrid with 79 miles on odometer
The 2018 SEMA Show in Las Vegas in just around the corner (October 30 to November 2), and people are expecting special parts and equipment as well as concept builds to show up. Three of the builds that are going to the 2018 SEMA Show will be derived from the seventh generation of the Volkswagen Jetta, as announced by Volkswagen of America, Inc.
These Jetta builds are the H&R Special Springs Jetta R-Line, Air Design USA Jetta SEL and the Jetta S by Jamie Orr. All of them will be displayed at various locations in the Las Vegas Convention Center on the entire duration of the 2018 SEMA Show.
Wrapped in the Habanero Orange factory finish, the H&R Special Springs Jetta R-Line is a build that highlights the aftermarket suspension offerings from H&R Special Springs. It features H&R Street Performance Coil Overs and Trak+ wheel spacers that brought the Jetta closer to the ground. It rides on 19 x 8.5-inch Rotiform BUC wheels shod with Pirelli P Zero tires. Visible through the wheels are upgraded front performance brake calipers and 13.4-in rotors.Read the entire article 2018 SEMA Show: Three VW Jetta builds on its way to showcase aftermarket parts
In June this year, rival carmakers Ford and Volkswagen inked a memorandum of agreement for a possible strategic alliance. Months after signing the MoU, automotive industry analysts are now floating the ideas of possible merger or an equity swap between the American and German companies. Nonetheless, Ford is quick enough to quash such ideas even before they get out of hand.
Under the signed MoU, Ford and VW are exploring a number of potential projects in several areas like the development of a range of commercial vehicles together. Likewise, a possible partnership would also work to better serve the evolving needs of customers. The parties have already made it clear back then that the potential alliance wouldn’t involve any equity arrangement.
However, The Detroit Bureau published an analysis that the potential alliance between Ford and VW might go beyond the commercial vehicle market, since doing so could be beneficial for both carmakers. For instance, Ford can benefit from VW’s robust presence not just in Europe, but also in Latin America and China. On the other hand, VW can take advantage of Ford’s strong fortified status in the United States, particular in the pickup and SUV segments.Read the entire article Ford kills rumors over potential merger or equity swap with Volkswagen
German carmaker Volkswagen has just revealed the next generation of the VW Passat family sedan, but there is a twist. The all-new Passat that was just unveiled was created for the massive automotive market in China. Nonetheless, this Passat is an important model as might be able to provide a glimpse of how the next-gen sedan for the United States might look like when it finally arrives.
Nonetheless, it should be noted that while having the same name, the VW Passat bound for China is much different from the existing large sedan models in the United States and in Europe. The recently unveiled China-bound Passat sedan is undeniably influenced by the VW brand’s understated and simple design mantra. In fact, the front end of this China-bound Passat sedan seems to be adopted from the Arteon, especially the shape of its new grille.
The Arteon-like front grille of the China-bound VW Passat is flanked by elegant headlights that extend to the sides. When viewed from the sides, this Passat reveals a sleek profile with some liftback influences. While this Passat does have a sloped roofline, it is a traditional sedan featuring a small trunk opening.Read the entire article Volkswagen unveils next-generation Passat for China
Not a few motorists were enthralled when Volkswagen unveiled the ID Buzz Concept at the 2017 Detroit Motor Show. VW is putting the ID Buzz into production and make it available as early as 2022. Now, the German group, through Volkswagen Commercial Vehicles, is now testing the waters for the possibility of offering a zero-emission transporter based on the ID Buzz.
The new ID Buzz Cargo is simply a progressive sibling for the ID Buzz. But instead of carrying people, the all-electric ID Buzz Cargo carries out the job as a commercial vehicle. VW unveiled and is currently displaying the ID Buzz Cargo concept at the 2018 IAA Commercial Vehicles in Hannover, Germany (September 20 to 27, 2018). Created as a supplementary model to the VW Transporter T6, the ID Buzz Cargo being presented in Hannover is already close to production, which may happen as early as 2021.
Just like the ID Buzz, the ID Buzz Cargo will be available in different battery sizes, according to the purpose and budget of the customer. Underpinned by the Modular Electric Drive Kit (MEB), the ID Buzz Cargo can be installed with batteries that allow all-electric ranges of between 330 km and over 500 km (as per WLTP). Battery capacities are pegged at between 48 kWh and 111 kWh.Read the entire article Volkswagen ID Buzz Cargo Concept is your next-decade zero-emission transporter
Volkswagen’s hot hatch just got hotter for the 2019 model year with the introduction of a Rabbit Edition. The new 2019 VW Golf GTI Rabbit Edition is a special model that pays homage to the heritage of the GTI. It will be available along with three usual trims offered for the 2019 Golf GTI: S, SE, and Autobahn.
Slotted between the S and SE trims, the limited-edition VW Golf GTI Rabbit Edition is distinguished from the standard models through its looks and features. Available only in four colors -- Cornflower Blue, Deep Black Pearl, Pure White and Urano Grey – the GTI Rabbit Edition boasts of an exterior with a black rear spoiler, 18-inch gloss black aluminum-alloy wheels as well as LED headlights with the Adaptive Front-lighting System (AFS) and black mirror caps. Inside, the limited edition features Rabbit-badged seat tags as well as red-stitched floor mats.
Volkswagen also provided the 2019 Golf GTI Rabbit Edition with a number of systems such as KESSY keyless access with push-button start, Blind Spot Monitor, Front Assist and Rear Traffic Alert.Read the entire article 2019 Volkswagen Golf GTI Rabbit Edition is a hotter hatch with black elements
Soon, it will be end of the road for the people’s car from Germany – the Volkswagen Beetle – as the carmaker is due to end the production of the second generation in 2019. Sadly, VW has no plans to give the Beetle a direct successor. Nonetheless, it remains possible that the name “Beetle” would be resurrected as an all-new model distinct from its current two-door form.
A report from Autocar is saying that VW is considering creating a revolutionary new Beetle, one that has four doors and powered by an electric powertrain. The new Beetle could be presented as part of the army of emotional cars that VW plans to launch along its standard models.
The carmaker’s top honcho, Herbert Diess, is bent on introducing these new emotional cars, which will include the production version of the ID Buzz microbus that will be due on 2022. But before the ID Buzz, VW will be introducing the production versions of its volume electric vehicles like the ID hatchback and ID Crozz sports utility vehicle at the end of the decade (2020).Read the entire article VW might bring a new four-door electric-powered Beetle after ID models
As we get closer to the 2018 Paris Motor Show, the list of automakers that will attend the upcoming show is getting shorter. Volkswagen had just announced that they have decided to just skip the show that will take place in the City of Light, an event that takes place every other year. The Paris show alternates with the Frankfurt Motor Show. This news was revealed to us by France-based Autoactu.com. This was further confirmed by VW’s local French branch.
The German brand has doubts on whether it will be beneficial and relevant for them to attend international auto shows. But then, VW said that even if they will not attend the show in France, they will likely organize various actions like test drives in the city during the event. In addition, VW is analyzing prospects of organizing its own events for new car launches, which is something many automakers like Volvo have been practicing for quite some time now. One of the reasons for this could be because participating in these events could be very costly, and they don’t have as much reach compared to that of social media.
Despite the fact that VW will not attend the show, the group’s other brands, including the Skoda, SEAT, Audi and Porsche are said to make their way there. Right now, we do not have the complete details whether the Bentley and Bugatti marques will be there as well. The high end British marque from Crewe is said to work on a couple of new models such as the Continental GTC and the Flying Spur. We would not be surprised if such brands will participate and unveil new products.Read the entire article VW will not be attending the 2018 Paris Motor Show
Have you been thinking of getting yourself a hardcore Volkswagen Golf GTI? Well, if you have, you might want to hear this first - the track-only TCR version is going to receive a road-legal equivalent in the near future. Watch out for the Golf GTI TCR as it makes its debut on May 9 during the annual GTI meeting, which will be held at Worthersee. Without a surprise, this will be billed as a special edition model. Therefore, there is a good chance it will end up being a limited run hot hatch.
Right now, the only part of the car we could really see would be a section of the car’s rear end, and it is only through an appealing digital sketch that shows off the aggressive fins of the diffuser flanked by a pair of huge exhaust tips. By the looks of it, it seems like the Golf GTI TCR has full LED taillights and it rides on what seems like a set of 18 inch wheels.
Under the hood, you’ll find a turbocharged 2.0 liter gasoline engine dialed to carry out as much as 286 horsepower (213 kilowatts) from 6,800 rpm as well as a peak torque of 273 pound feet (370 Newton metres) that starts from 1,600 rpm. This engine will be paired to a seven speed dual clutch automatic gearbox offered as standard equipment, together with the front axle differential lock. Just to remind you, the track ready model is still a lot more powerful with 345 horsepower and 310 pound feet (420 Nm) of torque.Read the entire article Here’s the fastest VW GTI Golf ever – the 286hp TCR road version
Any person you ask about a Volkswagen Beetle can probably distinguish it from a lineup, and that is because this car has been very popular worldwide and has been around for a very long time now. Well, one thing we also know about it is that the VW will not produce a new model anytime soon, and this is why German tuner ABT Sportsline is showing us that there still is life in the aging vehicle. You might think that is just a show car, but the special Beetle Convertible is actually a commission by a managing director of a medium sized company.
Let us first talk about the droptop vehicle’s exterior, as it features a bronze wrap with a slightly matte finish that is complemented with the black logos. It then sits on a set of 19 inch wheels with five sets of double spokes and what the firm refers to as a silver bullet finish.
Because the Beetle is quite an old model, we won’t expect it to have a super powerful engine. This is why Abt decided to install engine upgrades that pushes the 2.0 liter turbocharged four cylinder’s output to 286 horsepower (213 kilowatts) instead of the standard 217 horsepower (162 kilowatts). Along with the engine upgrade is a brake upgrade that includes six piston calipers and 14.57 inch (370 millimeter) rotors. The overall ride height has been lowered as well because of the new springs.Read the entire article ABT Sportsline shows us a modern day VW Beetle
It was back in October last year when Volkswagen began teasing us about the fully electric Pikes Peak racer, and last month, they showed us fully revealing images of the model. Now finally, VW has opened up and is ready to talk about the model’s technical specs.
This zero-emissions race car carries two electric motors, that gives out a combined output of 680 horsepower (500 kilowatts) and a considerable amount of torque at 650 Newton metres (480 pound feet). These numbers are already impressive but wait until we tell you that the vehicle weighs under 1,100 kilograms (2,425 pounds). If you do the math, it’s easy to conclude that that this car can go quite fast.
According to VW, in only 2.25 seconds, the I.D. R Pikes Peak can accelerate to 69 miles per hour (100 kilometers per hour) in as short as 2.25 seconds. Having said that, it even is faster than a Formula 1 and Formula E racers. Though we were not told yet about its maximum top speed, it really isn’t that crucial considering that acceleration will be significantly more important when tackling all 156 corners of the hill climb in Colorado Springs.Read the entire article VW I.D. R Pikes Peak goes faster than a Formula 1 Car
During the Frankfurt Motor Show last year, Volkswagen Commercial Vehicles decided to tease European pickup truck enthusiasts with a more powerful version of the V6 Amarok that’s dressed in a striking Turmeric Yellow Metallic. This model is called the Aventura Exclusive Concept, and now has a direct road going rival in the shape of a new range topping version of the luxury workhorse.
Today, the strongest Amarok is packed with 221 horsepower (165 kilowatts) and 406 pound feet (550 Newton metres) of torque. All these come from the 3.0 liter TDI V6 engine. This version has a little more power at 255 horsepower (190 kilowatts) and 428 pound feet (580 Newton meters) of torque. This stands for as much as 34 horsepower improvement of 34 Hp and 22 pound feet (30 Nm) of torque.
That is not all though, because it will be equipped with an overboost function that will temporarily increase the current output of the vehicle by an extra 13 horsepower, totaling up to 268 hp (200 kw). Having said that, this engine is paired to a 4Motion all-wheel drive system through a standard eight speed automatic transmission. The maximum torque is rated at a low 1,400 rpm, whereas the full version is available from 3,250 rpm.Read the entire article More potent VW Amarok is meant to rival the Mercedes-Benz X Class
We’re seeing the last days of the Volkswagen Beetle. Sales of its third-generation model have not exactly been positive. But even as the Beetle’s end is impending, it won’t go out without a bang. Memminger, a small German manufacturer, has decided to give the world its version of the iconic car, and the product is absolutely beautiful.
In case you’re not familiar with Memminger, let us give you a few details. It was established in the late 1970s as a steel construction company. The very first time it restored a Beetle was just before the millennium but it eventually turned into their core business. Since then, Memminger has been building, as well as restoring Beetles with the use of the original recipe.
Today, the latest model the manufacturer has built is the Roadster 2.7, a true modern-day Beetle.Read the entire article Memminger’s latest take on the classic VW Beetle is a modern masterpiece
Volkswagen is all set to commence sales of its 2019 Jetta at dealerships by the second quarter of 2018. Offering a bolder design, a roomier interior space and new technology, is out to prove itself more appealing than its predecessor. Nonetheless, there are customers who are already setting their eyes on the high performance of the sedan – the VW Jetta GLI.
The GLI version of the Jetta has been known to be performance-oriented, offering the sportiest drive and ride from the German carmaker’s sedan model. This is basically why some are patiently waiting for this version of the Jetta sedan. Apparently, the next iteration of the VW Jetta won’t disappoint, if people from Autoblog are to be believed.
According to Autoblog, citing a representative from VW, the new Jetta GLI won’t be equipped with the mill found inside the standard Jetta – a 1.4 liter turbocharged engine that delivers 147 hp (109 kW) of max output and 184 lb.-ft. (249 Nm) of peak torque.Read the entire article New VW Jetta GLI to arrive with more powerful engine and independent rear suspension
Did you film an important event?