News [6]

Skoda CEO seeks to calm fears about push downmarket
21.October 2019

Skoda has sought to reassure its employees after reports suggested that its owner, Volkswagen Group, is considering repositioning the brand downward to compete with low-cost marques such as Renault’s Dacia.

Porsche increases deliveries by three percent
14.October 2019

In the first three quarters of 2019, Porsche AG delivered 202,318 vehicles worldwide. The sports car manufacturer therefore achieved an increase of three percent compared with the prior-year period.

VW’s top executives charged with stock market manipulation
25.September 2019

Volkswagen Group’s two top leaders, CEO Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the automaker’s diesel-emissions scandal.

Audi gets ultimatum to remove illegal diesel software
18.September 2019

Germany’s KBA motor vehicle authority has told Audi that it faces penalties for its failure to remove illegal software from diesel cars that can manipulate emissions levels, the Bild am Sonntag newspaper reported.

GEFCO celebrates 15 years on the Slovak market
17.September 2019

GEFCO Slovakia celebrates its 15th anniversary this year. Luc Nadal, the head of the group, informed journalists about the company history and current results in the region in Bratislava.

Nissan searching for third CEO in 3 years
11.September 2019

Nissan is looking for its third CEO in as many years. Following the resignation of Hiroto Saikawa after a scandal over pay, the Japanese automaker’s board needs to find a leader who can guide the company through decade-low profits and job cuts as car sales slow globally.

Battery-powered models to dominate in Frankfurt
9.September 2019

The Frankfurt auto show will see debuts of key electric vehicles such as Porsche’s first series production EV, the Taycan, and Volkswagen’s mass-market battery-powered hatchback, the ID3.

Italy’s August car sales drop to 3%
6.September 2019

Sales of new vehicles in Italy declined 3.1 percent in August to 88,939 units, according to the country’s Ministry of Infrastructure and Transport.

VW’s authority had epic success and scandals
3.September 2019

The brilliant but ruthless billionaire died Sunday, Aug. 25, at age 82 for reasons believed to be natural, after collapsing while dining at a restaurant. Where he will be burried?