News :

• Porsche gives holiday reprieve to Volkswagen staffers (International Herald Tribune)
  Porsche is bestowing an early Christmas present on the workers at Volkswagen: a pledge not to take over their company, at least before the holidays.
  www.iht.com/articles/2007/11/28/business/porsche.php?WT.mc_id=rssfrontpage
  
  
• Volkswagen Opens Russian Plant to Triple Market Share (Update3) (Bloomberg.com)
  Nov. 28 (Bloomberg) -- Volkswagen AG, Europe's largest carmaker, opened a Russian factory today, seeking to triple its share of the country's market and joining rivals Ford Motor Co. and Renault SA in beginning production in one of the fastest growing car markets.
  www.bloomberg.com/apps/news?pid=20601085&sid=af4xcgdYe9GQ
  
  
• Porsche to Wait Until Holidays End to Take Over Volkswagen (New York Times)
  Porsche will not move to take over Volkswagen before Dec. 25, but its chief executive refused to say whether Volkswagen would remain an independent carmaker in 2008.
  www.nytimes.com/2007/11/28/business/worldbusiness/28porsche.html
  
  
• Volkswagen Opens Russian Plant to Triple Market Share (Update2) (Bloomberg.com)
  Nov. 28 (Bloomberg) -- Volkswagen AG, Europe's largest carmaker, opened a Russian factory today as it seeks to triple its share of the country's market over the next three years and joins rivals Ford Motor Co. and Renault SA in beginning production in one of the fastest growing car markets.
  www.bloomberg.com/apps/news?pid=20601085&sid=apKYZEGrGxyA
  
  
• Volkswagen Opens Russian Plant to Triple Market Share (Update1) (Bloomberg.com)
  Nov. 28 (Bloomberg) -- Volkswagen AG, Europe's largest carmaker, is opening a Russian factory today as it seeks to triple its share of the country's market over the next three years and joins rivals Ford Motor Co. and Renault SA in beginning production in one of the fastest growing car markets.
  www.bloomberg.com/apps/news?pid=20601085&sid=aGxmV5V5yFho
  
  
• As tension with Volkswagen mounts, Porsche doesn't rush into takeover (International Herald Tribune)
  The Porsche chief executive said his company would not move before Dec. 25 to raise its 31 percent stake in Volkswagen.
  www.iht.com/articles/2007/11/27/business/porsche.php?WT.mc_id=rssfrontpage
  
  
• Volkswagen Brand to Invest EU9.5 Billion Through 2010 (Update1) (Bloomberg.com)
  Nov. 27 (Bloomberg) -- Volkswagen AG, Europe's largest carmaker, will invest 9.5 billion euros ($14 billion) at its namesake brand over the next three years to develop vehicles, build factories and upgrade plants.
  www.bloomberg.com/apps/news?pid=20601100&sid=aa50d2mkkrbw
  
  
• Stanford, Volkswagen team up to create automotive research lab (Stanford Report)
  A Quonset hut on Stock Farm Road that has been the home of Junior, Stanford's award-winning robotic Volkswagen Passat, will be replaced with a new center for automotive research, financed with a $5.75 million donation from Volkswagen.
  news-service.stanford.edu/news/2007/november28/volks-112807.html
  
  
• Volkswagen's 10-million-unit Plan (The Auto Channel)
  Washington DC November 27, 2007; The AIADA newsletter reported that Volkswagen group is planning a major change in the way it will engineer cars in the future according to Automotive News.
  www.theautochannel.com/F/news/2007/11/27/072006.html
  
  
• Volkswagen: Core brand to invest $14.1B over 3 years in products (Lansing State Journal)
  BERLIN - Volkswagen AG, Europe's biggest automaker, said today its core car brand plans to invest $14.1 billion over the next three years in new products, plants and production capacity.
  www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20071127/NEWS01/711270357