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Tag: VW Group

VWFS continues partnership with Epyx in five year remarketing deal

Volkswagen Financial Services (VWFS) has signed a new five year deal with Epyx to remarket all its vehicles as they reach the end of...

VW Group CEO Admits Audi Lags Behind Rivals, Software Issues To Blame

According to Volkswagen Group CEO Oliver Blume, Audi lags behind its rivals, and software is to blame. To rectify the situation, the automaker will...

VW aims for 6.5% ROS as it cuts Arteon and shifts focus to volume

Volkswagen has set out a new strategy to focus on more volume products and boost its return on sales, which will result in the...

Agency model yet to disrupt dealer financials, says Zeus Capital

Zeus Capital, the financial services group, has said the switch to an agency model has yet to materially impact dealer group revenues yet. Writing in...

Ex-Audi Boss Stadler To Make Dieselgate Confession To Avoid Prison

There continues to be fallout from Volkswagen and Audi’s Dieselgate scandal. Former Audi CEO Rupert Stadler is set to confess his involvement in the...

Why VW needs Scout

When the news broke in May 2022 that VW Group would launch an entirely new brand in North America to make electric SUVs and pickup trucks,...

Skoda Boss Says The Fabia Might Be Axed Due To Euro 7 Regulations

Much like its predecessors, the current-generation Skoda Fabia was supposed to spawn a more practical wagon. The long-roof subcompact model was officially announced in...

Ocean Automotive secures UK Audi Centre of the Year hat-trick in 2022 Q Power Awards

Ocean Automotive has celebrated a hat-trick of Audi Q Power Awards successes after securing the German premium carmaker’s UK Centre of the Year title...

Volkswagen Once Built A 500-Horsepower V10 Golf 5 With AWD

Listen to this article As with all eight Volkswagen Golf iterations, the fifth-generation model spawned multiple performance versions. Pictured here...

Cupra Could Be Headed to the U.S.

Cupra’s popularity is growing Cupra’s market share at the end of February was 1.2%, up 60% from 2022. But the automaker is looking...

Auto Trader, BMW and VW Group among IMI 2023 Award Winners

The Institute of the Motor Industry (IMI) has recognised individuals and organisations across the UK’s automotive sector at its annual awards. Auto Trader, BMW (pictured)...

Record Bentley profits boost Volkswagen Group’s premium division

An 82% growth in profit for British luxury carmaker Bentley helped to boost the Volkswagen Group’s premium car division – including Audi, Lamborghini and...

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