Category: Automotive

@VW Group: Volkswagen Group achieves solid results in 2021 and drives forward its transformation to NEW AUTO004728

The Volkswagen Group proved the robustness of its business model in 2021. The company increased its overall resilience and improved its capabilities to cope with constraints. Overhead costs were successfully reduced, capex discipline was high and the break-even was lowered. At the same time Volkswagen drove its transformation to NEW AUTO forward. A solid profit… Continue reading @VW Group: Volkswagen Group achieves solid results in 2021 and drives forward its transformation to NEW AUTO004728

What will happen to electric vehicles after the increase in gasoline prices: increased demand and new risks

11 March, 2022 Posted by: Jorge Platero Category: Faconauto News The interest in electric vehicles is increasing, although other risks appear, such as the rise in the price of electricity or problems with nickel for the manufacture of batteries. The automotive sector is experiencing a perfect storm. To supply problems, technological uncertainty and the barrage… Continue reading What will happen to electric vehicles after the increase in gasoline prices: increased demand and new risks

Spain, among the European countries that make more discounts on the purchase of a car

11 March, 2022 Posted by: Jorge Platero Category: Faconauto News Renault is the generalist brand that offered the most discounts to its customers in Spain last year, with an average of 5,748 euros. With the aim of reactivating the vehicle market and recovering sales, brands and dealers have undertaken different strategic actions. One of them… Continue reading Spain, among the European countries that make more discounts on the purchase of a car

War and inflation threaten world economy

The world economy’s fragile recovery from the Covid-induced crisis is now threatened by Russia’s war in Ukraine and soaring commodity prices. Here are four questions regarding the risks to global GDP: – Will growth stall?“The war happened right at a time when Europe and the US had a recovery that was going really well. Projections… Continue reading War and inflation threaten world economy

German Handelsblatt: Volkswagen: Volkswagen achieves significant increase in sales and profits – shareholders receive higher dividends003939

Volkswagen – good in the old year, many worries in the new Volkswagen in Wolfsburg: The car company was able to cope well with the lack of chips last year. But now the Ukraine war is causing great concern. (Photo: Bloomberg) The Volkswagen Group fared better last year than expected in financial circles and most… Continue reading German Handelsblatt: Volkswagen: Volkswagen achieves significant increase in sales and profits – shareholders receive higher dividends003939

Ford F-150 Lightning owners in California can use the EV to power homes

Power outages aren’t exactly rare in Northern California. In the coming months, residents who own a compatible electric vehicle — such as the Ford F-150 Lightning — will effectively be able to use it as a backup generator. Ford has teamed up with PG&E, the main energy provider in the region, for a bidirectional electric… Continue reading Ford F-150 Lightning owners in California can use the EV to power homes