@VW Group: Brands of the TRATON GROUP take action as a result of the corona pandemic

In response to the corona pandemic, the European brands of the TRATON GROUP will temporary close several plants in Europe and request temporary unemployment assistance (so called “Kurzarbeit”) to support its workers in Germany during the shutdown. “It is becoming harder and harder to supply our plants due to the spread of the coronavirus in… Continue reading @VW Group: Brands of the TRATON GROUP take action as a result of the corona pandemic

@VW Group: ŠKODA AUTO has closed Czech plants due to coronavirus pandemic for initial period of minimal two weeks

ŠKODA AUTO CEO, Bernhard Maier, explained the halt in production as follows, “With 37,000 employees in the Czech Republic alone, our responsibility extends far beyond the factory gates. Everything must be done to slow the spread of the virus in order to protect and help those who will be particularly affected – most notably the elderly… Continue reading @VW Group: ŠKODA AUTO has closed Czech plants due to coronavirus pandemic for initial period of minimal two weeks

@VW Group: Financial year 2019: AUDI AG achieves its financial targets and sets a course for long-term competitiveness

Audi steered a steady course through a challenging 2019 financial year. The car manufacturer systematically reduced its WLTP inventories and achieved slightly higher deliveries for the Audi brand than in the previous year in a highly competitive environment. Revenue of €55.7 billion reflects the high demand for SUVs and top-end models. Operating profit and operating… Continue reading @VW Group: Financial year 2019: AUDI AG achieves its financial targets and sets a course for long-term competitiveness

@VW Group: Growth in turnover and operating margin for Ducati in 2019

Ducati closes 2019 positively, consolidating the growth that has characterized the last years of the Italian motorcycle manufacturer. 53,183 (2018: 53,004) bikes were delivered to customers all over the world, a result that allowed sales to remain above 50,000 units for the fifth consecutive year, confirming the positive signs of the market which, in the… Continue reading @VW Group: Growth in turnover and operating margin for Ducati in 2019

@VW Group: Automobili Lamborghini achieves record figures in Fiscal Year 2019 Coronavirus poses significant challenges for 2020

In Fiscal Year 2019 (1 Jan – 31 Dec), Automobili Lamborghini S.p.A. achieved its best-ever results across the board, entering new dimensions in its year-long growth. The Italian super sports car producer outperformed all previous key business benchmarks: sales, turnover and profitability achieved levels unprecedented in the 56-year history of the brand. The celebration of… Continue reading @VW Group: Automobili Lamborghini achieves record figures in Fiscal Year 2019 Coronavirus poses significant challenges for 2020

@VW Group: Volkswagen brand about to leap into the electric era

The Volkswagen Passenger Cars brand is entering the next phase of its transformation stronger. In a declining overall market, in the past year the Volkswagen Group’s core brand achieved a new delivery record of 6.3 million units, thus delivering more vehicles than ever before. In all key markets, Volkswagen was able to gain market share.… Continue reading @VW Group: Volkswagen brand about to leap into the electric era

@VW Group: Porsche stops production due to the coronavirus

The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2020 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light… Continue reading @VW Group: Porsche stops production due to the coronavirus

@VW Group: Volkswagen brand suspends production on Thursday due to corona crisis

The Volkswagen Passenger Cars brand is gradually suspending production at its European plants. This will also affect Volkswagen Group Components plants. This is the brand’s response to the impending rapid decline in demand on the automotive markets. Risks in connection with suppliers’ supply chains are also increasing. This is due to the significantly accelerated rate… Continue reading @VW Group: Volkswagen brand suspends production on Thursday due to corona crisis

@VW Group: Porsche presents innovative 3D-printing technology for bucket seats

The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2020 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light… Continue reading @VW Group: Porsche presents innovative 3D-printing technology for bucket seats

@VW Group: Volkswagen Group and its brands bring 2019 to successful conclusion

The Volkswagen Group brought fiscal year 2019 to a successful conclusion with improved financial results in almost all brands. Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said, “2019 was a very successful year for the Volkswagen Group. We have laid vital groundwork for all relevant changes. 2020 is a very… Continue reading @VW Group: Volkswagen Group and its brands bring 2019 to successful conclusion