Norway Fund Says VW, Porsche Deal Is Unacceptable

Oct. 8 (Bloomberg) -- Norges Bank Investment Management, which manages Norway’s Government Pension Fund - Global, sent a letter to Volkswagen AG asking the company to cancel the planned merger with Porsche SE, calling the deal “unacceptable.”

Volkswagen AG’s Golf TDI and Audi A3 TDI are among five finalists for Green Car Journal’s 2010 Green Car of the Year.

By Wojciech Moskwa

WASHINGTON, D.C. --- Volkswagen of America Inc. is recalling 10,200 MY 2006-2010 Audi A3, TT and TT Roadster passenger vehicles manufactured between Sept. 29, 2005 and Aug. 26, 2009.

By Maria Cramer, Globe Staff HOLLIS, N.H. -- In the parking lot of Hollis-Brookline High School, students had decorated their VW Bugs, Hondas, and Saturns by painting HB Class of 2010 across the windows. Spader Steven Spader was supposed to...

For years, enthusiasts have asked VW to bring the fast, frugal turbo diesel Golf to the states. The 2010 VW Golf TDI doesn't give us exactly what we want, it gives us that and a whole lot more. VW...

FRANKFURT, Oct 7 (Reuters) - Norway's sovereign wealth fund is charging that Volkswagen is giving an unfair advantage to the owners of Porsche SE, its largest shareholder, German paper Frankfurter Allgemeine Zeitung reported. VW is reversing Porsche's intended takeover of Volkswagen and is buying businesses from the families Porsche and Piech, which control Porsche, at prices which are ...

Oct. 7 (Bloomberg) -- German stocks fell for the first time in three days as a report showed Europe’s economy contracted more than estimated in the second quarter and Metro AG tumbled.

About 100 Volkswagen suppliers from across the world met in Chattanooga on Tuesday as their officials were briefed on doing business with the automaker. “Supplier performance is one of the most critical elements,” said Tom Loafman, VW Group of America’s director of purchasing. Some 225 manufacturing representatives heard what the automaker expects from them and had chances to ask questions ...