
GM wants to move Opel upmarket (again,) to allow more breathing space for Chevrolet in Europe, Reuters reports. Frustrated Opel dealers say GM needs to declare what it wants, and stick with it for a change. Read More >

GM wants to move Opel upmarket (again,) to allow more breathing space for Chevrolet in Europe, Reuters reports. Frustrated Opel dealers say GM needs to declare what it wants, and stick with it for a change. Read More >

The fight over the flammable refrigerant takes a new twist. France refused to register Mercedes A-Class, B-Class and SL cars assembled since June 12, even though German authorities have approved them, a Daimler spokesman told Reuters. Read More >

GM’s ailing Opel hopes to enter the American and Chinese markets, and through that for a speedier recuperation. It wants to do that under cover: Made in Europe Opels, sold abroad as Buicks. This according to a report in Opel’s hometown paper Mainzer Allgemeine Zeitung. Read More >

In Germany, Europe’s largest car market, sales were down 4.7 percent in June. In the first six months of the year, sales in Germany were down 8.1 percent. Opel’s June sales were down 10.1 percent in Germany, Chevrolet’s sales plummeted 17.1 percent, but those of Ford rose 8.7 percent. Peugeot sales plummeted 26.5 percent.
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“To suffer”
With luck- and hapless Susan Docherty cleaning out her desk in Europe, GM needs someone else to lead Chevrolet in Europe. They found Thomas Sedran, who will take the helm at Chevrolet’s EU HQ in Zurich, Switzerland. Sedran will start in July, says Reuters, while Docherty will be leaving GM in September. Read More >

Volkswagen’s R&D chief Dr. Ulrich Hackenberg is cautiously optimistic about the use of carbon fiber technologies in volume cars. Said Hackenberg today in Wolfsburg: Read More >

Hackenberg hints on future cars, with the members of the social media in rapt attention
Volkswagen plans to use the 0.8 liter diesel hybrid drivetrain from its futuristic, ultra-efficient and ultra-expensive (no pricing announced) XL1 two-seater in a future regular small car, Volkswagen’s R&D Chief Ulrich Hackenberg said today in an interview in Wolfsburg’s Autostadt. Said Hackenberg: Read More >

Hackenberg talks to reporters from SAE Magazine and Fortune …
“It is good for the future of diesel in the USA that a domestic producer also uses a diesel engine,” said Volkswagen’s R&D Chief Dr. Ulrich Hackenberg today. “If the volume of diesel engines is increasing, then it makes sense to produce diesel engines in the U.S.A. That would be great for us and the customer,” Hackenberg said. Read More >

Konnichi wa: Hackenberg at the Tokyo Motor Show 2011, the same day Toyota announced its alliance with BMW
Uh-oh: Audi is running out of good ideas. Last year, Audi’s R&D chief Michael Dick (his real name) was sacked and replaced by Wolfgang Dürrheimer. Now Dürrheimer has to go. Hackenberg is dispatched to whip Audi in shape. Read More >
After a court in Braunschweig, Germany, dismissed two investor lawsuits against Porsche SE, it didn’t take the third one either. Instead, it delegated a lawsuit that seeks $2.7 billion in damages to a Hanover-based court that specializes in cartel matters, Reuters says. Finally, a decision after a hedge fund’s heart. Read More >

Four years after buying 10 percent of Porsche, the Gulf state’s sovereign wealth fund Qatar Holding sold its share back to Porsche’s family shareholders, Reuters says.
Qatar kept its 17 percent stake in Volkswagen. Volkswagen owns all of Porsche’s car business.
In 1973, I had a little hand in launching the Volkswagen Golf. It hit the market in 1974. Today, it hit a new record. I wish I would have received a buck for every Golf sold. I would have $30 million by now. Today, the world’s 30 millionth Golf rolled past “Zählpunkt 8” and off the assembly line in Wolfsburg.
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With all the troubles in Europe, one would expect Volkswagen to hurt, but the Wolfsburg company is doing just fine, thank you. For the first five months, Volkswagen Group sales are up 5.9 percent to 3.87 million units. In May, global deliveries rose 6.9 percent to 816,500.
In China, Volkswagen could edge out perennial numbers leader GM. Read More >

Opel workers, managers, German politicians and TTAC have been heard complaining that Opel is being kept out of interesting growth markets and pretty much forced to suffer in Europe. The perennial nags are being thrown a bone: GM “will build a small number of its Opel Corsa hatchbacks in Belarus from next year as its European brand seeks to diversify outside its core market,” Reuters says.
An attempt of Germany to water down CO2 targets, about to be imposed by the EU, explains why automakers are eager to build EVs despite a lack of an eager market. Germany proposes that so-called supercredits can be used to off-set the limits. “Unlimited supercredits could allow the manufacture of electric cars for which there is little or no demand, while allowing just as many polluting vehicles as before on to the roads,” campaigners against supercredits told Reuters. Read More >
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