According to official Porsche lore, the automotive design firm, Dr. Ing. Hc F. Porsche GmbH, was founded in Stuttgart-Zuffenhausen in 1931 by Dr. Ferdinand Porsche and his son-in-law Anton Piëch. The Porsche and Piëch families still control the sports car company and the larger Volkswagen Group that owns it. At that beginning though, there was a third, now forgotten man without whom there would likely not be a Porsche company today.

In fact, without Adolf Rosenberger, there would not have been a Porsche company in the first place. (Read More…)

There’s happy faces inside the Renaissance Center today.

General Motors saw its first-quarter pretax profit rise 28 percent, despite continuing trouble in foreign markets, Automotive News has reported.

A net income of $1.95 billion means investors will reap $32.66 a share, a 1.5 percent increase. Revenue was up four percent in the first quarter, at $37.27 billion. (Read More…)

The heavy financial cost of Volkswagen’s diesel emissions scandal is becoming clear.

After reaching a settlement yesterday with U.S. consumers and regulators, the automaker is more than doubling the size of its “make the problem go away” cash pile, Bloomberg is reporting.

Volkswagen set aside 16.2 billion euros ($18.6 billion) today to deal with the scandal’s fallout, up from the 6.7 billion euro ($7.6 billion) figure previously stated.  (Read More…)

Update: I made a decimal flub. The math is corrected. Thanks to commenter ChemEng for pointing it out. We’ll post a new piece on Monday.

There’s no denying it: Volkswagen cheated. It confessed to the crime of emitting up to 40 times over the legal limit allowed for NOx. We learned yesterday (and the day before, to some degree), that Volkswagen will fix the vehicles that can be fixed, if owners so choose.

But what happens to all those diesel cars, which are perfectly good aside from emitting more NOx than they should, if owners decide to cut and run? And what happens to all those vehicles that can’t be fixed? Volkswagen has vowed to buy them back from customers — to which I ask, what then?

There are few options Volkswagen can employ to unload the massive windfall of cars coming its way, and none of them are particularly environmentally friendly.

(Read More…)

There’s a chance drivers may be in for an even tougher smog test next time around, all thanks to Volkswagen’s diesel emissions scandal.

Like the kid who made a ruckus in school and caused the whole class to be sent to detention, VW’s “defeat device” shenanigans may cause drivers of all vehicle brands to be studied under a more glaring microscope at test time, Bloomberg reports.

(Read More…)

Note: In light of today’s news regarding an agreement between Volkswagen and U.S. regulators, we believe it’s pertinent to rerun this piece considering Volkswagen still plans on fixing some of the affected 2.0-liter TDI vehicles. —MS

In all reality, Volkswagen probably won’t pay $37,500 for each car that cheated its way through U.S. emissions standards, but the German automaker will probably pay thousands for each car to fit a device that would clean up their acts.

The presumed fix would come by retrofitting a Selective Catalytic Reduction (Adblue or urea) system although that wouldn’t be the only fix necessary. Researchers discovered that the Passat TDI that they tested, fitted with the SCR system, was 5 to 20 times over the NO limit — less than the 10 to 40 times by the lean NO filter cars, but still illegal.

The long list of items needed to fit models of the Volkswagen Golf, Jetta, Beetle and Audi A3 doesn’t include the engineering needed to retrofit the cars and the costs to crash test the models after the significant modifications. That’ll add hundreds of millions to the bottom line.

(Read More…)

Dirty Volkswagen diesels equipped with illicit “defeat devices” could soon be flying off driveways and into oblivion.

Sources briefed on the matter told Reuters (via Automotive News) that the automaker will offer to buy back up to half a million 2.0-liter TDI models in the U.S. that emit illegal levels of smog-causing emissions.

They expect that Volkswagen will make the offer tomorrow before a federal judge. The company’s deadline for a U.S. fix is tomorrow, and a failure to act will result in a trial the automaker desperately wants to avoid. (Read More…)

On the eve of a key U.S. deadline for a diesel emissions fix, Volkswagen has reportedly agreed to pay all American owners of afflicted TDI models $5,000 each.

The deal, reported by Germany’s Die Welt newspaper, would allow the automaker to avoid going to trial this summer, according to Automotive News.

Volkswagen was facing an April 21 deadline to outline a comprehensive fix for the 580,000 U.S. diesel models equipped with “defeat devices” designed to sidestep emissions regulations. The deadline was set in March by a U.S. District Court judge. (Read More…)

The device Volkswagen used to cheat on emissions tests sat on a shelf for years before the automaker employed it on its diesel-powered vehicles.

Audi engineers created the software in 1999, but it was not immediately used by Volkswagen, according to the German newspaper Handelsblatt (via Reuters). (Read More…)

Nope. Nuh-uh. Not gonna do it.

That was Volkswagen’s reaction to the idea of publishing its first-quarter results on time, according to Automotive News Europe, meaning the automaker’s current financial standing will be unknown until May 31.

The beleaguered company has bigger things to deal with in the near term — mainly, meeting the U.S. government’s April 21 deadline for a fix for vehicles caught up in the diesel emissions scandal. An April 21 deadline was issued last month by U.S. District Judge Charles Breyer, extending a missed deadline on a one-time-only basis. (Read More…)

Volkswagen has teased a plug-in hybrid SUV concept bound for the Beijing Motor Show later this month, but the powertrain numbers are reminiscent of a model recently axed.

From the images provided, the Beijing Concept SUV has flanks far more sculpted than we’re used to seeing from Volkswagen, but it’s in keeping with the brand’s new design language. It’s a large SUV that looks to be of the two-row variety, a niche currently filled by the venerable Touareg. (Read More…)

Last week, we pondered a semi-subtle Nazi-themed decal applied to the rear window of a Volkswagen CC (that obviously blocked the driver’s rearview of history). After we posted that piece, another reader supplied the image above, which shows a Volkswagen GTI sporting a novelty plate that directly links the Führer’s People’s Car with the Nazi execution of nearly 6 million Jews.

Are Volkswagen fanboys the most likely car enthusiast group to show full-on anti-Semitism?

(Read More…)

Will there be a Green Mile edition?

The slow-selling Volkswagen Beetle is living on borrowed time, if a tweet by industry insider Autoline can be believed, but aside from nostalgia, why should the world mourn a vehicle that few buyers want?

In the wake of the disruptive and wildly expensive diesel emissions scandal, Volkswagen needs sales in a big way, and they’re not getting them from the Beetle. Seven months out from the diesel revelations, Volkswagen’s sales are still dropping, and the Beetle’s popularity with buyers has all the power of, well, an original Beetle engine. (Read More…)

More autonomy is coming to North American Volkswagen operations, thanks in part to dealer protests calling for exactly that.

Today, Volkswagen established a new North American Region (NAR) encompassing Canada, the U.S. and Mexico, headed by no-longer-interim Volkswagen Group of America president and CEO Hinrich J. Woebcken (who replaced departing CEO Michael Horn in March). (Read More…)

Volkswagen gets a lot of unflattering press these days, but a faction of the automaker’s fan base seems determined to malign its name even more.

A disturbing subculture exists on the fringes of the Volkswagen fanboy community, and it manifests itself in decals and not-so-subtle window stickers that feature Nazi imagery.

Most normal, reasonable people would want to avoid associating themselves with a man who can claim responsibility for causing the deaths of about 70 million people, but there’s weirdos out there, and some of them are really keen on their Volkswagens. Frankly, it’s as depressing as the atmosphere inside the Fuhrerbunker, circa early May, 1945. (Read More…)