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Posts Tagged ‘Volkswagen’

VW’s New Touareg Outfitted to Fit in with High-End SUVs

Maker’s sport-ute gets facelift, new technology.

by on Dec.08, 2014

Volkswagen is looking to compete in the high-end SUV market with a freshened Touareg that includes a boatload of safety and convenience technologies.

Volkswagen of America had been rolling along toward some ambitious sales targets when a decided shift away from cars to crossovers and sport utility vehicles robbed it of its forward momentum and put more pressure on its own SUVs, such as the Touareg.

While facing competition from SUVs such as the Jeep Grand Cherokee, Mercedes-Benz ML and Acura MDX, which have been overhauled in the last couple of years, VW still believes the Touareg can still hold its own.

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For 2015, the Touareg gets facelift, an optional driver assistance package and a refreshed interior with new convenience features. The Touareg also retains its sturdy vehicle dynamics, which deliver solid ride and handling under a variety of driving conditions thanks to well-tuned suspension, brakes and steering. (more…)

Volkswagen Investing in Biggest Automaker Goal

German maker putting up nearly 86 billion Euros on plans.

by on Nov.24, 2014

VW CEO Martin Winterkorn said the company plans to invest nearly 86 billion Euros during the next five years into the automotive division.

The Volkswagen Group, with its sights set on becoming the world’s largest automaker by volume, has announced an ambitious invest five-year investment plan that competitors will be hard pressed to match

The VW Group plans to invest a total of 85.6 billion Euros on new models, innovative technologies and its global presence in its automotive division during the next five years, VW Chief Executive Officer Martin Winterkorn said. In addition, the VW Group’s Chinese joint ventures will invest an additional 22 billion Euros.

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Winterkorn said two-thirds of the total investment amount will flow into increasingly efficient vehicles, drives and more environmentally friendly production. This is the result of the group’s investment planning for 2015 to 2019 discussed by the VW Board Supervisory Board. (more…)

Volkswagen at Vanguard of Vehicle Advertising

Maker sponsors online programs for Museum of Modern Art.

by on Nov.14, 2014

Volkswagen is sponsoring the New York Museum of Modern Art's online programs.

When Chevrolet’s Rikk Wilde’s struggle through the presentation of the World Series MVP award to the San Francisco Giants’ Madison Baumgartner went viral it served as a poignant reminder of the pervasiveness of auto industry advertising.

At times, it seems automakers are determined to slap their names on everything from football stadiums, such as Ford Field in Detroit and the Mercedes-Benz Dome in New Orleans, to soccer jerseys, such as those of Manchester United, one of the oldest and best-known franchises in sports, which now sport the Chevy logo.

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Kia, on the other hand, has made a point of becoming a major sponsor of the National Basketball Association and Volvo is sponsoring an ocean-going sailing contest that will take months to complete. (more…)

In Gear: VW Creates 10-speed DSG Transmission

What’s next? An 11-speed?

by on Nov.12, 2014

The seventh-generation Golf could be a prime candidate for VW's new 10-speed transmission.

Volkswagen was the first automaker to put a dual-clutch gearbox into production and with the technology becoming increasingly commonplace, the German maker hopes to jump back into the lead with the debut of a new 10-speed transmission.

VW unveiled the new 10-speed DSG at a preview of an array of new, high-efficiency powertrain technologies, part of its so-called “Think Blue” program. Its stated goal is to become the world’s most sustainable automaker by 2018.

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There are three parts to the Think Blue project, according to VW, “Developing efficient products and technologies, actively involving people to promote environmental awareness and supporting environmentally relevant and initiatives globally.” (more…)

VW Likely to Delay Ambitious U.S. Sales Targets

Product delays, focus on China catch blame.

by on May.13, 2014

Volkswagen plans to begin selling a midsize SUV, based off the CrossBlue, in the U.S. in 2016.

Volkswagen’s ambitious growth plans for the U.S. market are likely to be delayed – but are still within long-term reach, according to the maker’s top U.S. executive.

The German maker had set itself a goal of selling 800,000 vehicles a year in the U.S. under the flagship VW brand by 2018, while also sharply boosting sales of the Audi luxury brand. But while Volkswagen has enjoyed a significant increase in volume since the plan was first announced, growth has slowed in recent years, sales actually dipping slightly in 2013.

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And with demand dipping even further for the first months of this year, meeting the 800,000 target by 2018 now seems out of the question, Michael Horn, the 25-year Volkswagen veteran who recently took over U.S. operations, told TheDetroitBureau.com. (more…)

Volkswagen Reports Jump in Q1 Profitability

Group rides Audi, Porsche, heavy trucks to increase.

by on Apr.29, 2014

VW CEO Martin Winterkorn announced the automaker saw operating profit rise 21.8 percent during the first quarter.

Volkswagen AG enjoyed a strong first quarter reporting a 26.8% increase in net income as well as a 21.8% rise in operating profit on just a 2.7% jump in revenue. Most of the company’s brands saw an increase in operating profit, except its namesake brand, Volkswagen.

VW’s operating profit was about $610 million for the quarter compared with about $815.2 million a year ago. The company said, “it was negatively impacted by lower sales volumes, negative exchange rate trends especially in South America and Russia and higher upfront investments in new technologies, while lower material costs and improvements in the mix had a positive effect.”

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Porsche recorded an operating profit of $957.6 million in the first three months compared with $791.7 million for the same period last year. (more…)

VW Set to Unveil New Midsize Coupe Concept in Beijing

‘Midsize’ is smaller than maker’s Jetta compact.

by on Apr.17, 2014

Volkswagen's New Midsize Coupe concept is actually smaller than the maker's Jetta compact.

For now, at least, it goes by the decidedly unsexy name, the New Midsize Coupe concept, but Volkswagen’s sleek show car coming to the Beijing Auto Show next week is still likely to turn quite a few heads based on the initial sketches the maker has released.

The Coupe concept sits low and wide, with a curvaceous roofline and aggressive stance. And the term, “midsize,” is likely to come into question considering the show car is expected to measure barely 15 feet when it rolls out next week, making it shorter than the compact Volkswagen Jetta, never mind the maker’s current midsize, the Passat.

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Explains a VW statement on the prototype, “The concept car outdoes the other two in terms of its width – and it is thus midsized. So clearly this concept car exhibits proportions of an extremely sporty nature.” (more…)

VW Updating, Renaming its Small Wagon

SportWagen gets upgrades, but no AWD for US.

by on Apr.14, 2014

The new 2015 VW Golf SportWagen will make its debut at the New York International Auto Show.

Volkswagen’s compact two-box model is getting both an update and a new name, the old Jetta wagon set to reappear as the 2015 Golf SportWagen.

It’s a fitting decision considering the new model will share the same modular underpinnings as the all-new VW Golf and Golf GTI we’ll finally be seeing later in 2014 – a full year after those models debuted in Europe.

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Like the basic Golf, the SportWagen will be produced at the VW assembly plant in Puebla, Mexico, assembly plant. It will be lighter, stiffer and more well-equipped than the old Jetta wagon. (more…)

VW, Ford Enjoy Strong March Sales in China

Automakers post double-digit jumps last month.

by on Apr.14, 2014

The Ford Mondeo is a strong seller in China. Ford's March sales were up 28%.

Volkswagen AG and Ford Motor Co. continued to post strong sales in China for March and the first quarter of 2014.

Ford China heads into the Beijing Auto Show with record monthly sales of 103,815 vehicles, a 28% increase over March 2013. It was the first time Ford China sales topped the 100,000 monthly sales mark for the first time. Excellent March performance brought first quarter sales up by 45%, compared to the same period last year, according to Ford.

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“We’re pleased that China’s car buyers continue to choose Ford,” said John Lawler, chairman and CEO of Ford China. “Our strong sales momentum demonstrates the success of our accelerated China growth plan and puts Ford in a great position as we get ready to showcase our full product lineup at the Beijing Auto Show.” (more…)

VW Revealing Updated 2015 Jetta in NY

Subtle visual revisions conceal other updates.

by on Apr.14, 2014

The 2015 Volkswagen Jetta is set to make its debut at the New York International Auto Show.

Volkswagen must have a thing for the Big Apple as the maker plans an assortment of product announcements during this week’s New York Auto Show. That includes an updated version of the Jetta.

The 2015 VW Jetta won’t deliver any major visual surprises, though, with most of the key changes coming under the skin in the form new technologies, such as blind spot detection, and a new Clean Diesel expected to deliver up to 45 mpg on the highway.

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VW can use a little boost. The maker took a tumble last year and has been struggling to regain momentum so far this year, and it’s betting on the tweaks to Jetta – its best-selling U.S. model – and the newly renamed Golf SportWagen that New York showgoers will get a first look at this coming week. (more…)