Volkswagen Enters Partnership With Proton
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Automaker Volkswagen AG said Tuesday it had signed an agreement for a long-term strategic partnership with Malaysian carmaker Proton Holdings.
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The Linux firm said it will be collaborating with Hewlett-Packard, IBM, Intel and Oracle, as well as with Chinese companies.
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BERLIN - Volkswagen AG&#39;s announcement this week that it has forged a new partnership deal with Malaysian carmaker Proton comes as a strong euro and Europe&#39;s weak economic performance triggers a fresh wave of German investment in Asia.
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Third-quarter operating profit at Volkswagen  rose more than 50 percent thanks to resurgent earnings at its core VW brand after the world's fourth-largest carmaker cut thousands of jobs last year.
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Microsoft will work with a division of Germany's Siemens to create in-car entertainment and communications systems that will be available in 2009.
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Around 3,200 workers at Volkswagen's   VOWG.DE core VW business in Germany have accepted voluntary   redundancy packages that Europe's biggest carmaker is offering   to prune labor costs, the company said on Wednesday.
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Volkswagen  aims to increase its market share in China after sales to the Asian country boosted VW's group unit sales by 7.6 percent in the first two months of this year, it said on Tuesday.
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German industrial group MAN would be happy to have Volkswagen as a shareholder if the company's 9.6-billion-euro (12.2-billion-dollar) bid for Swedish truck maker Scania succeeds, MAN's chief chief executive has said in an interview.
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FRANKFURT Volkswagen, plucking a fallen star from a rival carmaker, announced Wednesday that Wolfgang Bernhard, a former DaimlerChrysler executive known for his cost-cutting skills and new-product flair, would take over its ailing flagship car brand.
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Volkswagen, the biggest European carmaker, sold a record 6.2 million vehicles last year owing to strong demand in eastern Europe, Brazil and China, VW said Monday.
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Volkswagen  posted a nearly 50 percent gain in nine-month operating profit thanks to resurgent earnings at its core VW brand after the world's fourth largest carmaker cut thousands of job cuts last year.
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FRANKFURT, GERMANY -- The German subsidiaries of Hewlett-Packard Co. (HP) and Novell Inc. are teaming to offer Linux-based products to the country's huge public sector.
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Malaysia's troubled national carmaker Proton may sign a deal with Volkswagen allowing a &quot;full-fledged&quot; audit of the company ahead of a possible tie-up, according to reports.
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Blog: Automaker to partner on pilot program to test hybrid electric vehicles with California electric utility
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Volkswagen, Europe's largest carmaker, has become the latest German firm to try to take on unions as it seeks to make major cost cuts.
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Volkswagen, Europe's biggest car maker, has expressed optimism about prospects in its current business year after earnings rose sharply last year on cost-cutting and capital gains.
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Management and unions at German auto maker Volkswagen reached an agreement on Wednesday that will bring an end to their long-running wage dispute, a union official said.