The Volkswagen Group is pressing ahead with its transformation into a digital mobility company. As decided in Planning Round 69, the Group will spend around EUR 73 billion on electrification, hybrid powertrains and digital technology over the next five years. This was announced following today’s Supervisory Board meeting. Investments in Capex and R&D for future… Continue reading @VW Group: Volkswagen Group raises investments in future technologies to EUR 73 billion
Category: Automotive
@VW Group: Bugatti Speedline – A record-breaking brand
The digital speedometer shows 304.77 miles per hour. 490.484 km/h. In summer 2019, the practically impossible became possible with the Bugatti Chiron Super Sport 300+*: with its hyper sports car, the French company became the first manufacturer to break the 300-mph barrier, highlighting the brand’s technically outstanding performance. A record that has yet to be… Continue reading @VW Group: Bugatti Speedline – A record-breaking brand
@VW Group: ŠKODA AUTO gains additional capacity within VOLKSWAGEN Group’s production network
ŠKODA AUTO CEO, Thomas Schäfer, said: “We welcome the decisions on the Group’s planning regarding plant occupancy. It will provide us with the additional capacity in the Czech Republic that ŠKODA so urgently needs for growth. We have thus set the course for our brand’s expansion while remaining highly profitable. I think it’s an important… Continue reading @VW Group: ŠKODA AUTO gains additional capacity within VOLKSWAGEN Group’s production network
German Manager Magazin: Volkswagen: Sales decline worldwide in October. Even China is weak
After stabilizing slightly in September, theVolkswagen-Group falling sales again. The deliveries of the world’s largest automaker decreased in October by 4.9 percent compared to the same month last year. As Volkswagen announced on Friday, a total of 903,200 vehicles were brought to customers. Previously, the business burdened by the Corona crisis had initially caught up… Continue reading German Manager Magazin: Volkswagen: Sales decline worldwide in October. Even China is weak
German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323
The world’s largest automaker Volkswagenincreased amidst the Corona crisis and the economic uncertainty set the pace when switching to the Electromobility. In the next five years (2021-2025), Volkswagen plans to invest 73 billion euros in climate-friendly drives and digitalization and thus almost every second euro of its entire investment budget in this period. As before,… Continue reading German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323
@Toyota: New Hilux Improves Off-road Control and On-road Poise with Dynamic Upgrades
There is no doubting Hilux’s ability to tackle the most extreme off-road conditions, its past exploits include conquering the North Pole, Antarctica and the slopes of an erupting volcano. But this go-anywhere capability has to be matched by on-road composure and comfort for everyday driving. The new Hilux reaps the benefits of suspension and steering… Continue reading @Toyota: New Hilux Improves Off-road Control and On-road Poise with Dynamic Upgrades
Bridgestone to sell off noncore US unit as red ink looms
TOKYO — Bridgestone plans to auction off Firestone’s construction material subsidiary as part of a wider cost-cutting effort to recover from its first anticipated annual loss in 69 years, CEO Shuichi Ishibashi told Nikkei in an exclusive interview Friday. The Japanese tiremaker is accepting bids on U.S.-based Firestone Building Products. A deal could be valued… Continue reading Bridgestone to sell off noncore US unit as red ink looms
DoorDash files for IPO and hints at driverless future
Food delivery platform DoorDash filed its widely anticipated IPO with the Securities and Exchange Commission on Friday, and plans to take the company public early next month. The company’s revenue soared in 2020 and it briefly showed a profit, as restaurants closed to in-person dining due to the pandemic, and relied on delivery services. DoorDash… Continue reading DoorDash files for IPO and hints at driverless future
ALYI Publishes $100 Million ICO Update From Finance Partner RevoltTOKEN
DALLAS, Nov. 13, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today announced an update released from their financing partner, RevoltTOKEN. The update from RevoltTOKEN CEO, Henryk Dabrowski, is included below: RevoltTOKEN ICO Update The response to the RevoltTOKEN ICO has been tremendous. We are here at RevoltTOKEN are humbled by the number of people contacting us… Continue reading ALYI Publishes $100 Million ICO Update From Finance Partner RevoltTOKEN
Jaguar Land Rover’s Pivi Pro infotainment system wins top European tech award
Jaguar Land Rover’s new Pivi Pro touchscreen infotainment has been recognised by the prestigious motoring jury Autobest, and has received the SMARTBEST 2020 award dedicated to the best connected technologies in the industry. Jaguar Land Rover’s new Pivi Pro touchscreen infotainment has an industry-leading design and shares electronic hardware with the latest smartphones. The fast-responding… Continue reading Jaguar Land Rover’s Pivi Pro infotainment system wins top European tech award