Volkswagen AG

Wiedeking, 56, worked at the company for 16 years. His leave is expected to clear the way for a merger with Volkswagen AG.

Europe's biggest car maker, Volkswagen AG, says sales have bounced thanks to car-scrapping schemes in Germany and elsewhere in Europe.

Analysts said they remained "convinced" that the merger with Volkswagen AG will is likely to happen later this year.

Volkswagen AG led carmakers lower as China said it may end tax incentives for buying passenger cars next year.

Competition from overseas automakers, including Volkswagen AG and General Motors Corp. , is also squeezing margins.

And Audi AG, a unit of Volkswagen AG, said China sales totaled 22, 358 vehicles in August, up 67. 5% from a year earlier.

Thanks to the early market entry of parent Volkswagen AG, Audi is the market leader in China, ahead of its two larger German peers.

The car is built by Volkswagen AG subsidiary Bugatti Automobiles SAS in its French factory.

Volkswagen AG offers clutchless-manual technology, which it calls DSG, in several models.

Volkswagen AG, Europe's largest car maker, said on Dec. 9 that waning sales may make it harder to reach growth targets for 2010.

Companies from Volkswagen AG to McDonald's Corp. are relying on sales in the world's fastest-growing major economy.

Joint purpose of a merger of Porsche SE into Volkswagen AG during 2011, if at that time the legal requirements for a merger are met.

Other advertisers include Nokia Corp. and Volkswagen AG.

Fiat SpA and Volkswagen AG led automakers lower amid concern demand from China will be hurt.

GM is now the top-selling foreign brand in China, having overtaken Volkswagen AG.

In China, GM's joint ventures are booming and it is now the top-selling foreign brand, having overtaken Volkswagen AG.

Volkswagen AG dropped 2. 6 percent to 113 euros, leading a gauge of European automakers lower for a third day.

BMW's flagship model competes with Daimler AG's Mercedes E- Class and Volkswagen AG's Audi A6.

Toyota was late to expand in China, and it has lagged behind global rivals like Volkswagen AG (VLKAY, VOW. XE) and General Motors Co.

Volkswagen AG plans to build a Tennessee plant that will assemble a new sedan in the second half of 2011.

Volkswagen AG, Europe's largest carmaker, said sales increased 5. 7 percent in June helped by demand in China and the U. S.

U. S. deliveries of Wolfsburg, Germany-based Volkswagen AG's Audi brand climbed 38 percent to 9, 365 vehicles.

Volkswagen AG's Audi unit expects its sales in China to surpass German sales next year.

For Europe's largest auto maker, Volkswagen AG (VLKAY, VOW. XE), China became its largest sales region last year.

Volkswagen AG, Europe's biggest automaker, rose 2. 8 percent after saying it expects sales in China to grow as much as 15 percent next year.

Volkswagen AG, for example, pledged $45. 6 million in the auction, according to Chinese advertising agency Charm Communications.

Lamborghini, owned by Volkswagen AG, expects to sell about 350 cars in China this year, 70 percent more than last year, Lee said.

The supply chain management of Volkswagen AG

VOLKSWAGEN AG BOARD OF DIRECTORS