The Volkswagen Group has completed fiscal year 2019 successfully. Sales revenue in-creased by EUR 16.8 billion to EUR 252.6 billion and operating profit before special items rose to EUR 19.3 (17.1) billion. At 7.6 (7.3) percent, the operating return on sales before special items slightly exceeded the forecasted range for 2019. Operating profit also improved… Continue reading @VW Group: Volkswagen Group with positive business performance in 2019
Tag: Manufacturing
@VW Group: Dynamic, agile and electric: Audi presents drive concept for e-tron S-models
Audi is systematically moving forward with its e-offensive: The Audi e-tron and the Audi e-tron Sportback are becoming more agile, sharper and more dynamic as S models. The three electric motors, two of which are located on the rear axle, together provide 370 kW of boost power and 973 Nm (717.6 lb-ft) of torque. This… Continue reading @VW Group: Dynamic, agile and electric: Audi presents drive concept for e-tron S-models
BMW Brilliance rolls 3 millionth car off production line
BBA resumed production of its Tiexi and Dadong plants in Shenyang on Feb 17, with nearly 20,000 employees, including those from its suppliers who worked in the plants, returning to work as scheduled.China has become the world’s largest sales market for BMW.The German automaker has invested over 52 billion yuan ($7.4 billion) and built two vehicle plants and one powertrain plant in Shenyang.
Volkswagen Group’s operating profit soars 22% in 2019
The Volkswagen Group has released fiscal year 2019 numbers. Sales revenue increased by 16.8 billion euros to 252.6 billion euros and operating profit before special items rose to 19.3 (17.1) billion euros. At 7.6 (7.3) percent, the operating return on sales before special items slightly exceeded the forecasted range for 2019. Operating profit also improved to 17.0… Continue reading Volkswagen Group’s operating profit soars 22% in 2019
@BMW: Virtual World Premiere of BMW Concept i4
Munich. Due to the current situation, the Geneva International Motor Show 2020 has been canceled. While we certainly understand this decision, we also regret that the fair cannot take place as usual. The BMW Group will carry out the program planned for Geneva including the world premiere of the BMW Concept i4 at a digital… Continue reading @BMW: Virtual World Premiere of BMW Concept i4
GM to add 1,200 jobs at Michigan plants to meet SUV demand
FILE PHOTO: The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009. REUTERS/Jeff Kowalsky/File Photo (Reuters) – No. 1 U.S. automaker General Motors Co (GM.N) said on Friday it plans to add more than 1,200 jobs at its Lansing plants in… Continue reading GM to add 1,200 jobs at Michigan plants to meet SUV demand
Proterra and Freightliner Custom Chassis Corporation to Develop All-Electric Chassis MT50e for Electric Delivery Truck Applications
BURLINGAME, Calif., Feb. 28, 2020 /PRNewswire/ — Today Proterra, a leading innovator in heavy-duty electric transportation, and Freightliner Custom Chassis Corporation (FCCC) announced a collaboration to develop the MT50e, a new all-electric delivery truck chassis. The MT50e will be on display at the upcoming NTEA Work Truck Show, March 4-6 in Indianapolis. Built on FCCC’s legendary… Continue reading Proterra and Freightliner Custom Chassis Corporation to Develop All-Electric Chassis MT50e for Electric Delivery Truck Applications
Citroen Ami targets new era of car-sharing and urban mobility
The Citroen Ami is a quirky, electric two-seater that’s intended to propel Citroen into a new era of car-sharing and urban mobility. The French firm hopes that the Ami, which remains true to the Ami One concept shown a year ago, will appeal to a new generation of buyers as the appetite for more traditional entry-level cars, such as the… Continue reading Citroen Ami targets new era of car-sharing and urban mobility
2020 Geneva Motor Show cancelled
It’s official now. According to the latest update on the International Organization of Motor Vehicle Manufacturers’ website, this year’s Geneva Motor Show has been cancelled due to the continued spread of the Covid-19 coronavirus. Earlier this month, the Beijing Motor Show was officially postponed due to Coronavirus This is after several confirmed cases of Covid-19 in Geneva and… Continue reading 2020 Geneva Motor Show cancelled
Electric transporter: Swiss Post plans to end street scooter production in 2020
StreetScooter Deutsche Post will completely cease production of its electric vehicles in the course of 2020. (Photo: obs / Accor Hotellerie Deutschland GmbH) Bonn The German postal service will the production of their StreetScooter-Completely discontinue electric vehicles in the course of 2020. “There will be no new orders,” said a spokesman for the Post on… Continue reading Electric transporter: Swiss Post plans to end street scooter production in 2020