ferdinand piech

The throw-down between Fiat CEO Sergio Marchionne and Volkswagen has heated up in earnest. According to Bloomberg, Fiat and Chrysler are now offering current Volkswagen owners in America US$1,000 rebates to trade in their ride. It's the latest in a series of shots Marchionne has taken at his ...

Volkswagen Group Chairman Ferdinand Piëch has seen his fair share of executives leave the company's brands during his time at the helm, but according to Automotive News, he now openly regrets allowing Audi designer Peter Schreyer to go. During a rare interview – with an even rarer ...

After adding Italian motorcycle icon Ducati to its stable and spending US$5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while. "We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells ...

Automotive News is reporting that Audi is set to lay down 860 million Euros ($1.14 billion) to purchase Ducati from the motorcycle manufacturer's current owner, Investindustrial. The news comes courtesy of a source "familiar with the matter," though neither Audi nor Investindustrial have ...

Alfa Romeo builds some really good-looking rides, but that apparently hasn't translated into profits for Fiat. In a recent interview with Forbes, Fiat CEO Sergio Marchionne reportedly called the Italian brand a "money loser," and sales of the marque have consistently underwhelmed. But while Fiat ...

Motor Trend has compiled and released its annual Power List. This is the seventh year in which MT ranks the names of heaviest hitting personalities in the automotive industry. They're all ranked in order of just how much juice they hold, and sitting at the top of this year's list is Alan ...