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VW

Martin Winterkorn’s contract with VW officially renewed

The recent speculations about the Martin Winterkorn's contract with Volkswagen got confirmed today when the actual VW Chief renewed his contract with the German group for the next five years. Martin Winterkorn managed to renew his agreement with the Germans from Volkswagen, an agreement which will expire in 2016. Until then, the Chairman of the Board of Management will continue...

VW Tiguan Assembly Line
VW

VW Group has big investment plans for the future

The Germans at Volkswagen came out with a pretty interesting announcement; they plan to invest no less than 51.6 billion euros in their Automotive division. There's more too, VW Group plans to invest this sum over the short period of five years. According to VW CEO, Mr. Martin Winterkorn, this sort of investments are going to be made in order...