A new chief executive officer will be appointed by Porsche, and the Germans are in discussions with the former head of McLaren. In the near future, Porsche may have a new CEO take over the company. In the present moment, negotiations are taking place with the German label over Michael Leiters, who has the potential to follow Oliver Blume. Leiters...
In 2010, Volkswagen Group acquired an impressive 90.1 percent stake in Italdesign, an upscale Italian design entity that gave birth to various iconic sports and supercars. While Lamborghini operated as the means of purchase, Italdesign found itself in Audi when Volkswagen Group purchased it. However, it has now become clear that Audi could be looking to liquidate Italdesign, which has...
Scout, the newly established off-road vehicle brand owned by the Volkswagen Group, is not a stranger to legal troubles, even if the first car, the Terra pickup, is not even expected this year. Some have led to major legal cases because of the company’s direct to consumer business model targeting car dealerships. These legal cases present the potential to have...
The automotive industry giant, Volkswagen Group, which has been in the industry for decades now, is at a crossroads yet again. Since the Dieselgate scandal appears to be behind Volkswagen, the automotive company could be heading toward the financial precipice as a result of the entertainment giant association. On the horizon are the European Union’s 2025 emission standards that may...
The Volkswagen Group is preparing the new generation Scirocco for a release in late 2017 or at the beginning of 2018, at least this is what the rumors are saying, and two renderings with the hot model have been already released on the web, signed by the famous X-Tomi Design. We are not sure how the new Scirocco will look...
The Volkswagen Group`s subsidiary Rolls Royce, the British luxury automaker will have the chance of launching the long-awaited SUV in 2017 as the direct competitor of the Bentley SUV, which is due in 2016. Since the Bentley has already announced the upcoming of its SUV in 2016, it was now the Rolls Royce`s turn to confirm the go-ahead of its...
