Keith Naughton Bloomberg News Published 8:47 AM EDT Oct 26, 2018 Ford Motor Co. is in serious negotiations with Volkswagen AG to broaden their alliance beyond commercial vehicles in ways that would help the American automaker reverse losses in Europe and South America and share costs of pricey technology and small cars. “We’re having a very broad set of discussions about how we can help each other around the world,” Bob Shanks, Ford’s chief financial officer, said in an interview Thursday. “Collaboration isn’t being limited in any way whatsoever, whether it’s different types of technology, product segments or geography.” The talks with VW are taking place at a pivotal time for Ford. While the stock soared almost 10 percent after the company beat earnings estimates, the automaker is restructuring globally and walked away from margin targets that it had set for 2020. Partnering with rivals is one way to lower costs and get new cars … [Read more...] about Ford talks with VW to help reverse losses overseas
“For only 99 dollars more, you get the heavens,” the salesman told Stephen Colston in 1963, as the young man pored over the order form at San Diego Motor Imports.Today, Colston is a recently retired, SDSU history professor and the original owner of a well used and well loved 1964 Volkswagen Beetle. It was this very car he was in the process of ordering on that fateful, summer day in ’63.In response to the “heavens” question, Edwina and Donald Colston just looked at each other, smiled, and told young Stephen, “Sure, go for it.” And with that, the deal was done.For right around $1,800, the Colstons had just purchased a brand new car for their son, Stephen, then a recent graduate from Crawford High. It would be a 1964 model, Ruby Red and equipped with such options as a retractable steel sunroof — the first year that type was available.A few months later, on Sept. 24, they got the call. The car had arrived, been prepped and was ready for pick … [Read more...] about Project Rev: Original Owners — 1964 VW
Volkswagen’s GTI is great, but as today’s Nice Price or Crack Pipe R32 proves, sometimes more is better. Will have to see if the over the top nature of this hot hatch includes its price. Are you ready to have fun? I said: ARE YOU READY TO HAVE FUN? No? Okay, just asking. For those who are looking for a good time you needn’t look much farther than yesterday’s crazy 1969 Ford Cortina wagon and maybe the parts counter at your nearest Pep Boys. Sporting a Mazda mill and looking like something sketched in a 7th grader’s history notebook, not even an unfinished nature could stop the Cortina’s modest $3,500 price from earning favor, and it carted home a narrow but decisive 56-percent Nice Price win. Yesterday’s Ford represented one kind of fun, the sort that paid homage to youthful drollery. It was sort of a fart joke with wheels. What to do however, should your aspirations for entertainment demand a more mature approach? Might you eschew … [Read more...] about At $8,750, Could This 2004 VW R32 Be Your Golf With Balls?
Tweet TweetIf there’s something Germans love, it’s a job done well. This has been best reflected in the results of a recent board meeting at Volkswagen. Pending a vote, the Wolfsburg based company will retain its current CEO, Dr. Martin Winterkorn, for another five years. Under his leadership VW has upped its game and will continue to do so for a while. The important thing is that if he manages to take the “people’s car” company to the statute of being the largest auto maker in the world he will enter the history books. Another reason for Dr. Winterkorn to be pleased about himself can be subtracted from the fact that the board’s election did not have an unpredicted result. Let’s face it, when a country’s president does an impeccable job, he’s not going to be replaced in a hurry, is he? What is weird is that even though VW’s Martin Winterkorn has had quite an impressive “resume” he trails in the path made by one of … [Read more...] about Martin Winterkorn voted as CEO of VW until 2016
Throughout its long history in the United States, Volkswagen has manufactured two of the most recognizable cars in history, the VW Beetle and the VW Van. It also makes the Golf, and it’s arguably the most understated vehicle on the road. The Golf’s humble exterior and simple, efficient interior define its personality. It’s about as far-removed from its individualistic siblings as possible, and that’s its appeal. It’s no-nonsense and versatile. And it’s the best-selling VW in history and third on the all-time global sales list behind the Toyota Corolla and Ford F-150 series trucks. 2018 VW Golf SportWagen. Image courtesy of Volkswagen. While the three and five-door Golf hatchbacks standard and high-performance trims have been mainstays for decades, the five-door Golf Sportwagen was introduced in Europe in late 2012 and in the United States three years later. It continues to provide an attractively priced alternative to small crossover sport utility … [Read more...] about 2018 VW Golf SportWagen: humble, proud, best in class