Hints and tips:
...Austrian anti-corruption authorities have charged a supervisory board member of Porsche SE, the holding company of Volkswagen Group, with money laundering in relation to a decades-old fighter jets deal....
...Take the Volkswagen Tiguan, a medium SUV: it emits around 20 per cent more carbon dioxide per mile than a five-door Golf....
...He was recently made head of the dentistry department of a local hospital, making more than Rmb300,000 a year, and last year bought a Rmb250,000 Volkswagen Tiguan SUV....
...Mr Müller was a board member of Porsche SE, in charge of strategy and corporate development, from 2010 to 2015. He also was chief executive of Porsche AG, the sports car maker owned by VW....
...Since becoming head of Porsche in 2010, Mr Müller has successfully added new models and expanded sales without compromising the sports car maker’s premium brand....
...VW’s labour representatives are not opposed to cost cuts per se....
...Since becoming head of Porsche in 2010, he has successfully added new models and expanded sales without compromising the sports car maker’s premium brand....
...Shanghai Volkswagen lowered its suggested retail price for several popular models in April, in the first major round of price cuts by the JV since 2010....
...German companies were therefore able to respond quickly when demand recovered in 2010....
...Mr Samuelsson, 62, joined the board of Volvo in 2010 after Chinese manufacturer Geely took control of the Swedish carmaker and became chief executive last October....
...He has compared this active role with that of Ferdinand Piëch, Volkswagen’s revered patriarch and chairman....
...Jürgen Stackmann, 51, who served as sales chief for VW-owned Skoda in 2010 and is now responsible for marketing at VW, will take the top job at Seat on May 1....
...Porsche SE holds a majority stake in VW and said on Sunday that it supported Mrs Piëch’s candidacy....
...In the shortened fiscal 2010 year the dividend was 50 cents per preference share....
...That looks pricey, even considering the Volkswagen factor....
...IPIC notified MAN in September 2010 that it had filed an arbitration action to reverse the deal and to seek compensation for damages incurred....
...Volkswagen’s cash pile rose to €19.6bn at the end of March while Daimler, the luxury carmaker, has €12.4bn in net liquidity at its industrial businesses....
...Martin Winterkorn, VW’s chief executive, said: “Fiscal year 2010 was the best year in the history of the Volkswagen group.”...
...Ferrostaal has been in investigators’ spotlight since 2010, when allegations over bribing foreign officials to win contracts emerged....
...Volkswagen stepped up efforts to become the world’s largest carmaker by sales with a plan to invest €51.6bn in production capacity and vehicle development in the next five years....
...Germany’s Volkswagen declined 2 per cent to €121.40, along with the rest of the automotive sector. The Eurofirst Auto & Parts index fell 0.6 per cent to 1,185.90....
...MAN has become market leader for medium and heavy trucks in Brazil after buying the truck operations from its shareholder Volkswagen two years ago....
...Bodo Uebber, Daimler’s chief financial officer, said the German automotive company’s strong cash position “should provide the basis for an attractive dividend payment for 2010”....
...Volkswagen, which said its sales would exceed more than 7m units for the first time this year, said it planned to keep producing cars at its European plants until December 23 “due to a current high demand...
...In Germany Daimler lost 5.6 per cent to €48.24 and Volkswagen slipped1.9 per cent to €117.10. Renault in France fell 1.8 per cent to €42.17....
International Edition