Volkswagen is after Toyota out of Japan the world’s top-selling automaker. The Wolfsburg company delivered around 8.9 million vehicles in 2021, including the brands: Volkswagen, Skoda, Audi, Bentley, Cupra – and of course Porsche. Porsche in particular has increasingly developed into a showpiece in recent years: technologically, but also in terms of returns. At the… Continue reading German Manager Magazin: Volkswagen: Why the group is separating from Porsche001711
Category: Automotive
German Handelsblatt: Auto industry: Herbert Diess is under pressure: Criticism of the VW software unit Cariad is growing004191
Herbert Diess The VW boss has been responsible for the Cariad software unit himself since the beginning of the year. (Photo: Volkswagen AG) At the beginning of the year, Herbert Diess made the new software unit Cariad a top priority. The Volkswagen boss took over operational supervision from Audi boss Markus Duesmann. After all, Cariad… Continue reading German Handelsblatt: Auto industry: Herbert Diess is under pressure: Criticism of the VW software unit Cariad is growing004191
@AML: Aston Martin accelerates journey to aworld-leading sustainable ultra-luxury business with announcement of ambitious Racing.Green.strategy 000244
Racing.Green. sustainability strategy to be embedded throughout Aston Martin and overseen by dedicated Board Sustainability Committee Accelerating action on climate change with commitment to the Science Based Targets initiative (SBTi) Net-Zero Standard, targeting net-zero manufacturing facilities by 2030 and across the company’s entire supply chain by 2039 Clear roadmap to electrification with first hybrid electric… Continue reading @AML: Aston Martin accelerates journey to aworld-leading sustainable ultra-luxury business with announcement of ambitious Racing.Green.strategy 000244
How Renault limited the damage in the first quarter
Posted Apr 22, 2022, 11:29 AMUpdated Apr 22, 2022, 11:33 AM Shaken by the blows of fate, Renault is holding its course while waiting for better days. The tricolor manufacturer recorded a further drop in sales in the first quarter, mainly attributable to the shortage of semiconductors which never ceases to disrupt the sector .… Continue reading How Renault limited the damage in the first quarter
Terra Motors partners Sun Mobility for battery swap solution
Bangalore-based Sun Mobility, a leading provider of battery swapping services for electric vehicles, has entered into a strategic partnership with Japanese electric vehicle manufacturer, Terra Motors Corporation, to integrate Terra Motors’ electric three-wheeler passenger vehicles and electric two-wheeler platforms with Sun Mobility’s swappable batteries-based energy solution. As part of the partnership Terra Motors has identified… Continue reading Terra Motors partners Sun Mobility for battery swap solution
Omega Seiki plans Rs 1,900 crore electric three-wheeler plant in Karnataka
Omega Seiki Mobility has announced its plans to set-up an electric three-wheeler manufacturing facility in Karnataka, which it claims will be the world’s largest with an investment of $250 million (Rs 1,900 crore). The company says the new facility will be built in three phases and will have a production capacity of a million electric… Continue reading Omega Seiki plans Rs 1,900 crore electric three-wheeler plant in Karnataka
TVS to invest £100 million in Norton Motorcycles
TVS Motor Company will invest an additional investment in Norton Motorcycles, the British brand it acquired in April 2020. In a stockmarket filing, the company said the investment will be towards electrification, technology, manufacturing, sustainability and the future of mobility. This announcement was made on the side lines of the UK prime minister, Boris Johnson’s visit to India The… Continue reading TVS to invest £100 million in Norton Motorcycles
Winners and losers from the UK car market in Q1 2022
Currently reading: Winners and losers from the UK car market in Q1 2022 After another few months of adversity, our report reveals which car makers in the UK did or didn’t have a good quarter Open gallery Close Access to this content requires a subscription to Autocar Business The Knowledge. Click here to purchase a… Continue reading Winners and losers from the UK car market in Q1 2022
Volvo Group – the first quarter 2022
GÖTEBORG, Sweden, April 22, 2022 /PRNewswire/ — “Economic activity continued to be good in Q1 2022 with high transport volumes and good construction activity in most markets. We increased sales and improved profitability. Our net sales grew by 12% to SEK 105.3 billion. The high business activity combined with our growing service contract portfolio resulted in… Continue reading Volvo Group – the first quarter 2022
Automotive: Dacia continues to grow in a declining market
Posted Apr 22, 2022, 7:44 AM Weakened both by the war in Ukraine, which forced him to get out of the Russian market , and by the production difficulties which are eroding sales in Europe , the Renault group can happily rely on Dacia. After an excellent 2021 vintage, the sales figures for the first… Continue reading Automotive: Dacia continues to grow in a declining market