Lupo race cars will roar
Volkswagen Chairman Ferdinand Piech wasn't impressed with the first Lupo Cup race he saw. It wasn't noisy enough. Next year the one-class race cars will have a 20-30 percent boost in power and they won't use mufflers, Piech said. There's no reason why the Lupo should be the only car race to use mufflers. 'Someone made a mistake.'
Passat list bearable
The waiting list for the Passat has been reduced to bearable levels of two to three months, and Golf deliveries will reach bearable levels by November, according to Volkswagen Chairman Ferdinand Piech. 'Demand is higher than expected for the Golf,' said Piech at the introduction of the VW Lupo. 'This year we will reach 4,000 Golfs a day. We hadn't planned that.'
Before Daimler-Benz became engaged to Chrysler Corp., the German company flirted with Ford Motor Co. Months before he began secret merger talks with Chrysler, Daimler Chairman Juergen Schrempp held similar talks with Ford Chairman Alex Trotman.
The merger would have created a company with annual revenue of more than $220 billion and worldwide unit sales of 8 million.
In the end, Ford nixed the deal because it threatened the Ford family's influence in the company and the potential succession of William Clay Ford Jr. as chairman, according to the Detroit News, a US newspaper. A Ford spokesman confirmed a merger had been discussed.
Schrempp backs harmony for standards
DAIMLER-BENZ top boss Juergen Schrempp has joined the chorus of auto executives calling for the global harmonization of environmental and safety standards.
Speaking in Chicago last week, Schrempp said, 'Let us make product harmonization a top priority, so that instead of concentrating on different standards, we can concentrate on breakthroughs that make products cheaper and better for our customers - and not just different to suit the bureaucrats.'
13 fired in Denmark
THE VW IMPORTER in Denmark and a dealer have fired 13 employees who allegedly cheated Volkswagen AG out of $300,000-$500,000 with fake invoices for warranty work, according to the Danish magazine Motor Magasinet. Skandinavisk Motor Co. A/S and the dealer, Autohuset Glostrup A/S, tried to keep the case quiet and did not go to the police, said the magazine.