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  • Martin Winterkorn, VW CEO Resigns
    23 Sep 2015

    As the scandal kept brewing for the past few days, it was a “public secret” that the CEO of VW, Martin Winterkorn was on a tight rope and would eventually have to take a fall. After the German Car-manufacturer giant admitted to having installed specific software on close to 11 million diesel vehicles in order to ”pass” emissions tests, a world-wide brouhaha brewed and exploded.Perhaps, in an effort to curtail the damage of this exploding news, Winterkorn was forced to make this decision and move forward with it.  In a statement just released, Winterkorn states...

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  • Volkswagen recalls 482,000 cars
    20 Sep 2015

    Volkswagen has apologised and ordered an external investigation to find the deception on US emissions tests to make its vehicles appear less polluting.Martin Winterkorn, chief executive of the German carmaker added: “I personally am deeply sorry that we have broken the trust of our customers and the public. We will co-operate fully with the responsible agencies, with transparency and urgency, to clearly, openly and completely establish all of the facts of this case.”The Environmental Protection Agency declared that many of Volswagen Passat, Beetle and Audi A3 sold in US market has ...

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  • Jump in price of imported cars in Vietnam
    17 Sep 2015

    Vietnam is a growing auto trade in South Asia. Car sales rose 62% in the eight months to August, to 70,033 items.  The most of Vietnam's roads are produced by local companies such as market leader Thaco, which assembles vehicles for Kia, Mazda and Peugeot. But in the last few years there were imported cars from other countries and consists about 40 % of sales. Sales of Mercedes-Benz cars grew 43 % in 2014, making Vietnam the second-fastest growing global market for the German carmaker. Rolls-Royce and Bentley recently opened their first dealerships in Vietnam. The ...

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  • Volkswagen car sales drops in the United States
    16 Sep 2015

    Volkswagen car sales moved backward in August in the United States. The world’s largest car manufacturer sold 32,332 cars, less than from the 2014 year.Only Golf SportWagens sales were 2,478, the rest is miserable numbers. It is a new model, so 100% of its sales are a lift to the Volkswagen in America. Base Golf sales - 5.6% to 1,873. Sales of the Golf R - 5.9% to 1,709.Sales of the iconic Beetle - 26.8% to 2,127. Sales of the Jetta Sedan, VW’s best-selling model - 17.9% to 11,002. VW Passat - 19.4% to 7,409.Management said that VW would do better next year:&ldq...

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  • Porsche is going to sell its new hybrid model
    16 Sep 2015

    The world's biggest carmakers have made a fresh show of electric Porsche capable of travelling 500km on a single charge and refuelling to almost 15 minutes.The new electric Porsche Mission E concept car is presented during the Volkswagen group night at the Fraport arena in Frankfurt am Main, Western Germany, on September 14, 2015The 100 % electric Mission E boasts an 800-volt drive system 600 hp.Though it loses out to the Model S in terms of acceleration — doing 0-60mph in 3.5 seconds, versus less than 3 seconds for Tesla — the charging time is impressive. Porsche says it can r...

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