Porsche Seen Likely to Realize VW Merger
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The European Court of Justice is expected to strike down the so-called Volkswagen Law, created by Germanyâs government to protect the automaker from an unwanted takeover.
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Blog: A new device in the works could debut with Mercedes, according to one report
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German sports car maker Porsche  (PSHG_p.DE) aims to raise its stake in German car maker  Volkswagen (VW)  to 51 percent, the German current  affairs weekly Der Spiegel reported.
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The chief executive of DaimlerChrysler  (DCXGn.DE), Dieter Zetsche, said it would be difficult to break  up Chrysler, as analysts and other experts have speculated  recently, due to an integrated production system that binds  together its various brands, The New York Times said.
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Latest robotic development suggests the company might not just be leaping its automotive competitors.
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DaimlerChryslerâs American subsidiary could attract many suitors, including private equity firms and overseas manufacturers looking for a North American ally, analysts said.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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KUALA LUMPUR: Malaysia&#39;s national carmaker Proton is expected to sign a deal this week to assemble cars for Volkswagen AG in a tie-up that would boost the German giant&#39;s presence in Southeast Asia&#39;s fast-growing auto market, a report said.
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(InfoWorld) - Microsoft's in-car technologyÂ is getting a boost via a deal with a large supplier of automotive electronics. Germany's Siemens VDO AutomotiveÂ has agreed to collaborate with it on a next-generation communication and entertainment system. Siemens VDO and Microsoft said Friday they will work together to develop a new generation of on-board communication, navigation, and entertainment systems that use Microsoft Auto, a software system and hardware reference design. Siemens VDO counts Volkswagen, DaimlerChrysler, and Ford MotorÂ among its customers. Among the features planned by the two companies are in-vehicle video entertainment and Internet connectivity, according to Siemens VDO spokeswoman Eva Appold. Systems based on Microsoft Auto let drivers connect various portable devices, such as mobile phones, MP3 players, and video games, into their automotive system via a USB 2.0 (Universal Serial Bus) port, and interact with devices via voice technology. The new multimedia system planned by Siemens VDO, to be available in early 2009, will be based on hardware components and software developed by the German company, and include entertainment and communication components of Microsoft Auto, according to Appold. Siemens VDO, a subsidiary of German electronics and engineering company Siemens AG, plans to show a prototype multimedia system at the IAA (Internationale Automobil Ausstellung) international motor show in Frankfurt next week. "The multimedia platform will be very versatile, but it's up to our car manufacturing customers to decide which features they want to offer," Appold said. Appold was unable to provide pricing details, saying that final prices will be determined by the car makers. As part of the agreement with Microsoft, Siemens VDO will contribute to the further development of Microsoft Auto, the companies said. Microsoft already has agreements with Ford and Fiat to supply software for new in-vehicle communication and entertainment systems designed by the car makers. Â
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German luxury sports car maker Porsche might take legal action if the EU pushes ahead with its proposed CO2 emissions limits, a press report said Friday.
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Bernd Pischetsrieder, the outgoing chairman of German car giant Volkswagen, has been entrusted with finding a solution to the bitter takeover battle between Swedish and German truck makers Scania and MAN, a VW spokeswoman said.
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When management and unions at Volkswagen meet in a plush Hanover hotel later this week, the future of Europe's biggest car maker will be at stake.
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These three companies have the urge to merge -- which deals will be the ones to work out?
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Volkswagen and Apple rumored to be partnering on an 'iCar' or car computer system, German magazine reports.
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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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Reports claim the German bank could merge with the postal operator's subsidiary Postbank.