May 22, 2012
The following articles have been tagged with "Volkswagen":
Business & Money: 7 May 12
Production of Opel's key Astra model is to cease at the struggling German carmaker's Rüsselsheim plant, a newspaper reported on Sunday - in favour of cheaper labour in Poland and the UK.
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National: 1 May 12
A man from North Rhine-Westphalia bought Chancellor Angela Merkel’s first “west car” for slightly more than €10,000, after an initial auction produced too many ridiculous bids and was cancelled, the Bild newspaper reported Monday.
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Business & Money: 23 Apr 12
Two top managers have written personally to the leaders of Germany's top 30 companies, calling on them to control their own mushrooming salaries and bonuses.
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Business & Money: 23 Apr 12
German Chancellor Angela Merkel and Chinese Prime Minister Wen Jiabao officially opened the Hannover Messe, the world's biggest industry and trade fair, on Sunday evening.
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Business & Money: 18 Apr 12
Volkswagen is to invest around €14 billion in a new factory in China, with an official announcement and contract signing on Monday, in the presence of Chancellor Angela Merkel and Chinese Prime Minister Wen Jiabao.
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National: 16 Mar 12
Nearly three-quarters of Germans do not think that CEOs deserve multi-million-euro salaries, even if they steer the company to record profits, a survey published on Friday found.
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Business & Money: 14 Mar 12
Germany’s top business CEOs earned a cool nine percent more in 2011 than the year before, startling new figures on the super-rich revealed Tuesday.
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Business & Money: 13 Mar 12
German carmakers are swimming in money – selling more vehicles and earning more than ever before, filling their coffers ahead of what managers are warning could be a difficult year.
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Business & Money: 6 Mar 12
Several members of the finance department at high-end car-maker Porsche are being charged with credit fraud, Stuttgart state prosecutors announced on Tuesday.
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Business & Money: 1 Mar 12
German car giant Audi posted record profits, the company reported on Thursday after turnover soared by over 68 percent in 2011.
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Business & Money: 24 Feb 12
Volkswagen, Europe's biggest car maker, said on Friday it more than doubled net profit last year as worldwide sales topped the eight-billion mark for the first time.
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Politics: 17 Feb 12
Long criticised for a bland public profile as German head of state, Christian Wulff hurtled to the centre of the political stage with a rapid series of scandals that proved to be his undoing as president.
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Politics: 5 Feb 12
German President Christian Wulff faced fresh allegations at the weekend over his conduct in office, with a new report claiming he leased a car from the VW Group for a special discount.
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Business & Money: 22 Jan 12
Europe's biggest automaker Volkswagen will probably complete its takeover of luxury car group Porsche this year after clearing key hurdles, according to a German media report on Sunday.
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Business & Money: 17 Jan 12
Volkswagen and BMW issued recalls on half a million cars this week – with VW warning that fuel lines in their most modern diesel engines can leak, and BMW saying their Minis could catch fire due to electrical problems.
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National: 8 Jan 12
German automakers have big plans for the US market, several news reports suggested on Sunday.
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Business & Money: 5 Jan 12
Luxury German carmaker Audi said Thursday that 2011 sales in fast-growing China had outstripped its home market for the first time, adding it expected further acceleration in the coming years.
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Business & Money: 1 Jan 12
A group of investment funds is suing Porsche for €2 billion in damages after the German luxury sports car firm's merger with the Volkswagen group failed in 2008, the fund's lawyers said Saturday.
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Business & Money: 28 Dec 11
Despite doom and gloom in many business sectors, German car manufacturers think 2012 could be a banner year, especially in the United States.
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National: 26 Dec 11
Ten years after the introduction of the euro, and in the midst of its biggest crisis to date, the AFP’s Celine Le Prioux says there are many reasons Europe’s biggest economy has benefited from the single currency.
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Business & Money: 23 Dec 11
Under an arrangement between management and a union, workers at carmaker Volkswagen are getting a reprieve from constantly having to respond to Blackberry emails after working hours.
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Business & Money: 24 Nov 11
The European Commission decided Thursday to haul Germany before the top EU court for failing to scrap a law that protects auto giant Volkswagen from takeover bids.
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Lifestyle: 23 Nov 11
Mercedes, BMW, Audi and VW – Germany is a nation of car nuts. The Local List counts down the country's most legendary rides.
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Business & Money: 21 Nov 11
Europe’s biggest carmaker Volkswagen is set to offer employees its biggest ever success bonus this year, CEO Martin Winterkorn said in an interview published Monday.
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Business & Money: 18 Nov 11
Japan's Suzuki Motor said Friday it had ended its alliance with Volkswagen and demanded the German auto giant sell back its stake in the Japanese carmaker by November 2012.
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Business & Money: 13 Nov 11
Leading German carmakers are planning to add more workers to the payroll next year. Big firms such as Porsche, BMW and Volkswagen say that they will be hiring thousands more workers in 2012.
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Sport: 4 Nov 11
The German Football Association (DFB) has increased its win bonus for the European Championships in Poland and Ukraine next year. Each player will get €300,000 should Germany carry home the title.
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Business & Money: 27 Oct 11
German automakers Volkswagen and Daimler shrugged off fears of a looming economic downturn Thursday, insisting strong global demand would enable them to sharply increase full-year profits.
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Business & Money: 26 Oct 11
Germany’s top companies paid their supervisory boards better last year than the previous year, with the most generous rises approaching 40 percent – despite an average worker’s wage increasing by 1.6 percent over the same period.
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National: 25 Oct 11
The two alleged Russian spies arrested last week are suspected of stealing secrets from German car manufacturers, after it emerged one of them worked in the auto industry for the past 20 years.
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Business & Money: 17 Oct 11
The 30 leading German companies belonging to the blue-chip stock DAX stock index unveiled a plan Monday to bring more women into management, but stopped short of making quotas compulsory.
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Business & Money: 17 Oct 11
The Stuttgart prosecutor’s office has indicted five employees affiliated with Volkswagen and Deutsche Telekom subsidiary T-Systems in connection with an alleged anti-competitive bribery scheme involving VfL Wolfsburg football club.
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Business & Money: 16 Oct 11
German automaking colossus Volkswagen plans to extend its worldwide workforce to 500,000 by 2018, CEO Martin Winterkorn announced. This would make VW the world's biggest car manufacturer.
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Business & Money: 14 Oct 11
The Japanese car company Suzuki on Friday upped the stakes in its row with Volkswagen as it served the German automaker a legal notice demanding it "remedy numerous breaches" of their ill-fated alliance.
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Business & Money: 27 Sep 11
The EU's executive Commission on Monday approved Volkswagen's acquisition of truck maker MAN, which Germany's biggest automaker eventually plans to merge with Scania.
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Science & Technology: 19 Sep 11
A high-tech concept car has been driving itself around Berlin and nearby autobahns since the summer, gaining accident-free experience in traffic before being introduced to the public by its creators.
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Business & Money: 16 Sep 11
Auto-makers at the Frankfurt Motor Show (IAA) are dreaming far into the future in terms of energy conservation and design.
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Business & Money: 15 Sep 11
German carmakers will this week unveil a range of new small, fuel-efficient cars at the world's biggest motor show to challenge a market currently dominated by French and Asian rivals.
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Business & Money: 13 Sep 11
Car makers at the world's biggest motor show, the IAA, sought on Tuesday to rise above the gathering global economic gloom, saying they were better positioned than in the last crisis three years ago.
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Business & Money: 13 Sep 11
General Motors believes its European Opel brand can easily compete with the likes of rival Volkswagen and wants to steer it upmarket, GM Europe chief Nick Reilly said on Tuesday.
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Business & Money: 12 Sep 11
Japan's Suzuki said on Monday said it had decided to end its capital and business partnership with German carmaker Volkswagen after a disagreement about ordering engines from a third party.
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Business & Money: 10 Sep 11
BMW is to develop a new brand of electric cars exclusive to China, giving into pressure from the Chinese authorities.
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Business & Money: 9 Sep 11
A merger of German automakers Porsche and Volkswagen will not be completed in 2011 as planned, but the two companies said Thursday they still intend to create a tie-up.
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Business & Money: 4 Sep 11
Global economic woes have failed to dampen the hopes of Germany's luxury car companies, with Audi and Mercedes expecting surging sales. BMW also reported a record month in August, with sales up a whopping seven percent.
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Business & Money: 30 Aug 11
German automaker Volkswagen, Europe's biggest car manufacturer, was selected Tuesday as the sector's "best performer for 2010" by a study that highlighted weaknesses of VW rivals Toyota and GM.
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Business & Money: 29 Aug 11
Porsche boss Matthias Müller has announced a new plan for the elite sports car brand to muscle in on the segment of the luxury market traditionally dominated by Italian rival Ferrari.
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Business & Money: 26 Aug 11
Europe's biggest automaker, Volkswagen, plans to invest almost €1 billion ($1.44 billion) in renewable energies over the coming years, a press report said on Friday.
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Business & Money: 5 Aug 11
Lower prices are helping Volkswagen make progress toward the German automaker's plan to quadruple sales in the US market, its top US executive says.
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Business & Money: 2 Aug 11
German luxury car group Porsche posted Tuesday a first-half net profit of €149 million ($212 million), bouncing back from a heavy loss as it slashed massive debt with a capital increase.
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Business & Money: 2 Aug 11
Strong global demand for luxury cars drove earnings at German automaker BMW sharply higher in the second quarter, it said Tuesday while forecasting a solid finish to the year.
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Business & Money: 28 Jul 11
Volkswagen on Thursday posted more than three-fold leaps in net profit, but its shares were still hammered as some observers wondered if the stock of Europe's biggest car maker had peaked.
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Business & Money: 28 Jul 11
German companies are investing abroad like never before, making the country the world’s biggest foreign investor after the United States.
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Business & Money: 23 Jul 11
Japanese automaker Suzuki is getting increasingly frustrated with its larger partner Volkswagen and is eyeing deeper ties with Italian giant Fiat, German media said Saturday.
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Business & Money: 15 Jul 11
German auto giant Volkswagen said on Friday that it made record sales of more than four million vehicles in the first half of the year, helped by booming sales to China – and it expected to do better than the market overall in the second half.
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Business & Money: 4 Jul 11
Volkswagen, the biggest European automaker, said on Monday that it now holds 55.9 percent of the voting rights in heavy truck maker MAN, paving the way for a tie-up with Scania of Sweden.
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Politics: 28 Jun 11
Germany and China held their first joint cabinet meeting Tuesday and inked more than $15 billion in business deals but Chinese Premier Wen Jiabao warned Europe against interfering in its internal affairs over human rights.
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Business & Money: 27 Jun 11
Volkswagen bowed to European Union pressure on Monday and delayed its bid to take effective control of the board of truckmaker MAN amid EU antitrust concerns.
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Business & Money: 20 Jun 11
Germany’s top 500 companies are booming, lifting their sales by nearly 12 percent last financial year, the largest rise in more than a decade, a survey has found.
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Business & Money: 11 Jun 11
The chief representative of employees at German carmaker Opel has called on parent company General Motors to put an end to rumours that it is considering selling off its European unit.
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Business & Money: 9 Jun 11
US carmaker General Motors is once again considering selling it’s troubled German unit Opel, according to the media on Thursday. Opel dismissed the reports as "speculation."
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Business & Money: 8 Jun 11
American rapper Eminem is suing German carmaker Audi for allegedly copying his song “Lose Yourself” for a commercial without permission, daily Süddeutsche Zeitung reported on Wednesday.
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Business & Money: 20 May 11
Volkswagen has slashed prices of some of its more popular car models in an attempt to gain ground in the American market, with a Jetta on sale for less than €13,000 ($18,400) and a Passat available for €15,000 ($21,240).
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Business & Money: 19 May 11
Germany's introduction of the E10 biofuel has been a public-relations disaster. But as Alexander Bakst reports, the auto industry is already rethinking its approach to sustainability.
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Business & Money: 13 May 11
Auto maker Volkswagen plans a major shift towards green energy by investing in wind farms and selling the electricity as part of a package to power its electric cars, German media reported Friday.
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Business & Money: 9 May 11
Europe's biggest automaker, Volkswagen, unveiled on Monday plans to advance towards a merger of truck makers MAN and Scania by increasing its holding in MAN to more than 30 percent.
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Lifestyle: 6 May 11
A nation of car buffs, Germany is celebrating the 125th anniversary of the invention of the automobile this year. Tracy Moran looks at how Stuttgart, the country’s motor city, is revving up for the festivities.
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National: 28 Apr 11
German authorities are reportedly probing the airline Lufthansa for allegedly distorting competition among business travellers.
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Business & Money: 27 Apr 11
Volkswagen reported a three-fold profit leap Wednesday and said it had sold two million cars in the three months from January through March, a new milestone for the biggest car maker in Europe.
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Business & Money: 25 Apr 11
Audi expects to create more than 10,000 new jobs over the coming nine years as steady growth in sales translates into an increasing need for manpower, the car maker said at the weekend.
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Society: 19 Apr 11
Volkswagen unveiled a new “bolder, more dynamic and masculine” model of its iconic Beetle this week – the third generation of the classic German car of which more than 20 million have been sold.
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Business & Money: 30 Mar 11
Wages earned by top German bosses have climbed back to pre-crisis levels but are tied more closely to a company's longer-term performances, a private study showed on Wednesday.
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Business & Money: 24 Mar 11
The disaster in Japan has cut deeply into the global economy, and now Germany is feeling the effects too. Car manufacturers suffering from delivery delays are considering scaling back workers’ hours, a media report said Thursday.
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Society: 21 Mar 11
Porsche announced Monday the sale of its most expensive model ever, the 918 Spyder hybrid “super sports car.” The luxury German carmaker will make just 918 units costing a cool €645,000 – before tax, that is.
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Business & Money: 17 Mar 11
A merger of German automakers Porsche and Volkswagen could be delayed and might take a different form than initially planned, the companies said Thursday.
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Business & Money: 8 Mar 11
German carmaker Audi posted Tuesday a 2010 net profit that was almost double the previous year's and gave an upbeat outlook for 2011.
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Society: 7 Mar 11
A German man has received an unexpected windfall after finding a 52-year-old savings account booklet set aside for him by his late father. A Frankfurt court ruled the bank must pay out the sum – now worth up to €320,000 with interest.
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Business & Money: 3 Mar 11
Luxury German carmaker Audi, a unit of Volkswagen, said Thursday its staff of 42,500 would receive an average bonus of €6,513 ($9,053) as thanks for strong results last year.
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Society: 2 Mar 11
Volkswagen caused a sensation at the Geneva Auto Show this week with a long-awaited remake of its classic "Bulli" minibus, which still has a devoted cult following around the world.
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Business & Money: 25 Feb 11
Europe's biggest carmaker, Volkswagen, unveiled record 2010 results Friday and said it would do even better this year, sending its shares soaring.
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Business & Money: 23 Feb 11
German automaker Daimler will create 10,000 new jobs this year, of which 4,000 will be in Germany thanks to soaring orders, a company spokeswoman said Wednesday.
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National: 15 Feb 11
Stuttgart state prosecutors are investigating high-level employees at both Volkswagen and Deutsche Telekom on suspicion of corruption between the two major German companies, a media report said Tuesday.
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Business & Money: 11 Feb 11
Luxury carmaker Porsche has introduced an electric version of its Boxster roadster as part of an e-mobility pilot programme in the southwestern German city of Stuttgart.
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Society: 10 Feb 11
Volkswagen is hoping to jumpstart sales in the United States after scoring a huge hit at the Super Bowl with its ad featuring a mini Darth Vader.
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Business & Money: 8 Feb 11
Carmaker Volkswagen said Tuesday it had agreed to a 3.2 percent wage hike with trade union IG Metall, setting a key benchmark for Germany's booming economy.
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Business & Money: 7 Feb 11
Germany's Volkswagen, Europe's biggest automaker, is reportedly planning to boost its workforce from 250,000 to 290,000 by 2018, with most of the new jobs to be created in China.
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Business & Money: 1 Feb 11
German carmaker Mercedes Benz reintroduced its hyper-luxury Maybach car in India on Tuesday, pitching it at the country's growing number of super-rich.
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National: 27 Jan 11
Four months after his disappearance, police have found the body of missing 10-year-old Mirco, North Rhine-Westphalia public prosecutors announced on Thursday. The discovery followed the arrest of a suspect.
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Science & Technology: 26 Jan 11
Volkswagen has unveiled a new car that can cover 100 kilometres on less than a litre of petrol, making it the most fuel efficient hybrid in the world.
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Business & Money: 19 Jan 11
Germany's Volkswagen, Europe's biggest automaker, is reportedly considering launching a new car brand specifically designed for the booming Chinese market.
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Business & Money: 17 Jan 11
Heavy truck and mechanical engineering company MAN has demanded €237 million in damages from former CEO Hakan Samuelsson for his alleged part in a major corruption scandal, a media report said Monday.
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National: 12 Jan 11
Two cars from Germany's Volkswagen group – a Porsche and an Audi – have driven away with the top design honours for vehicles introduced at the North American International Auto Show in Detroit.
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Business & Money: 11 Jan 11
German auto makers, lagging behind their American, Japanese and Korean competitors, are hoping for big gains from this month's Detroit auto show, which is pointing to a full recovery of the US market.
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Society: 10 Jan 11
Porsche on Monday unveiled a new hybrid 918 Spyder coupe at the Detroit auto show expected to be on the market in 2013.
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Business & Money: 7 Jan 11
German automakers Daimler and Volkswagen posted stellar 2010 sales figures Friday, with emerging markets such as China creating voracious demand for Mercedes-Benz, Audi and VW vehicles.
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Business & Money: 31 Dec 10
German sportscar maker Porsche said Friday a US court has thrown out a lawsuit brought by US hedge funds claiming more than two billion dollars in damages over its failed 2008 attempt to acquire Volkswagen.
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Business & Money: 17 Dec 10
The tiny Gulf state Qatar, already heavily involved in car giant Volkswagen and construction group Hochtief, is eyeing further investments in Germany, Economy and Finance Minister Yussef Hussein Kamal said on Friday.
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Business & Money: 19 Nov 10
German automaker Volkswagen will invest more than €50 billion in new and improved models over the next five years in a bid to unseat Toyota as the world leader in car manufacturing.
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Business & Money: 15 Nov 10
Swedish truckmaker Scania and Germany's MAN, both of which are partly owned by Volkswagen, are considering merging, Scania said in a statement on Monday.
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Business & Money: 5 Nov 10
The world's leading luxury car maker, BMW, said on Friday it will invest €400 million by 2013 to produce an electric car as German manufacturers try to catch up with global rivals.
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Business & Money: 3 Nov 10
The world's leading luxury car maker, BMW, reported a huge leap in third-quarter net profit on Wednesday, with recovering global markets snapping up its saloons and SUV's.
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