German Coachbuilder Wiesmann Files for Insolvency
German automaker Wiesmann has filed for insolvency and is currently seeking strategic partners and investors.
German automakers
German Automakers Form Coalition to Educate US on Diesel Tech
A whole slew of new diesel-powered cars have been announced for the U.S. recently, and to help them gain mainstream acceptance, six German automotive companies are teaming up to start the “Clean Diesel. Clearly Better,” campaign, which hopes to educate Americans on diesel technology.
Volkswagen Plans Full Porsche Takeover
Martin Winterkorn, CEO of Volkswagen and Porsche, is clearly frustrated at the present lack of integration between the two companies, something he reiterated earlier this month at the North American International Auto Show in Detroit.
GM Confirms Commitment to Opel, No Plans to Sell Says CEO Akerson
Nevertheless, speculation, particularly in the German media continues, with reports that GM is ‘reviewing options’ for its European unit, with possibly Volkswagen AG and Bejing Automotive Industry Holding Co being named as potential buyers.
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