Word: volkswagen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...years the Burgers have led a quiet life in Washington, normally limiting their entertaining to small dinner parties at their 140-year-old farmhouse in nearby Arlington. He drives a five-year-old Volkswagen. His avocations are painting and sculpture. He has done bas-reliefs for some of his friends, and tried-without success -to put some life into the dismal school of official portraiture that fills the corridors of his courthouse. Judge Burger is also something of a gourmet. He sometimes runs his wife out of the kitchen in order to experiment with an elaborate recipe a la Julia...
...General Motorization of VW has just advanced significantly. Stockholders of one of Germany's smallest but soundest automakers, NSU Motorenwerke, voted to merge with a Volkswagen subsidiary, Auto Union. They thus formed a combine that could rank on its own as Germany's third largest automaker. NSU, which turns out four basic models, will contribute more than $140 million of the subsidiary's total $400 million in sales this year, and a valuable reputation for innovation as well. It devised the highly efficient Wankel engine, which powers the popular new RO-80 sedan (price...
Sportier Company. "Volkswagen can afford to offer several lines," says Kurt Lotz, the elegant and imposing VW chairman. The line-up now stretches from sub-beetles to Mercedes-sized sedans. Auto Union's new Audi 100, an 80-h.p. model that sells for $2,223, has surprised Wolfsburg executives by competing strongly with the 411, VW's stolid, 68-h.p. entry in the medium-priced market. The basic beetle, which still accounts for nearly two of every three VW sales, is about to get some sportier company. In February, VW entered a joint development venture with Porsche; soon...
...balance sheet suggests that Volkswagen could rest easy. In 1968, sales of the world's fourth biggest automaker (after the U.S. Big Three) rose 25%, to nearly $3 billion-and they are running 12% above that rate so far this year. The company's profits advanced 21% last year, to $85 million. Still, VW faces special perils. Revaluation of the German mark (see Money, page 90) could cut into exports by raising prices in foreign countries, where the company does more than three-quarters of its business. VW is also being tail-gated by hustling Japanese automakers. Last...
...direct attack by the Japanese and by Ford's new $1,995 Maverick. In its first two weeks on sale, the Maverick has been selling briskly but somewhat off the pace set by the then-new Mustang in 1964. So far, it has made no appreciable dent in Volkswagen sales, but next year it will be joined by VW-sized cars now being designed by G.M. and American Motors...