@VW Group: 2023 season: Qualification begins for Porsche global esports series005483

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: 2023 season: Qualification begins for Porsche global esports series005483

@VW Group: Last stop before Imola005482

The first guests began arriving on the rooftop patio of the boutique hotel Schwan Locke in Munich´s Ludwigvorstadt district. Some of them had last seen each other the day before in the Nürburgring´s pit lane during the Porsche Sports Cup Deutschland, others at the Porsche Carrera Cup Deutschland at the famous Belgian Circuit de Spa-Francorchamps… Continue reading @VW Group: Last stop before Imola005482

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@VW Group: Porsche aims for growth in the luxury segment005481

For the full year 2022, the company targets revenues in the range of approximately 38 to 39 billion euros. At the same time, Porsche continues to focus on high-quality and exclusive products, electromobility and sustainability by combining its rich history and motorsport DNA with the future, redefining the concept of modern luxury. “Porsche is a… Continue reading @VW Group: Porsche aims for growth in the luxury segment005481

@VW Group: Double points for the TAG Heuer Porsche Formula E Team in the Big Apple005480

Race 12 In the drivers’ classification of the ABB FIA Formula E World Championship, Pascal Wehrlein ranks ninth after 12 of 16 races with 63 points. André Lotterer is tenth with the same points tally. In the team classification, the TAG Heuer Porsche Formula E Team lies in sixth place with 126 points. The sun shone… Continue reading @VW Group: Double points for the TAG Heuer Porsche Formula E Team in the Big Apple005480

Clean Technica: VW ID. Buzz — How Much Consumer Demand Is There? (Plus: Automaker EV Sales Trends, Herbert Diess)002133

For our new CleanTech RoundTalk, Jo Borras, Steve Hanley, and I sat around CleanTechnica‘s pineapple-infused sparkling-water cooler to discuss a couple of the hottest EV news stories of last week. One of those stories was the release of UK pricing for the Volkswagen ID. Buzz. The Buzz is … not cheap. The price of the… Continue reading Clean Technica: VW ID. Buzz — How Much Consumer Demand Is There? (Plus: Automaker EV Sales Trends, Herbert Diess)002133

German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

Herbert Diess Der scheidende VW-Konzernchef ist offiziell noch bis zum 31. August im Amt, verzichtet aber auf die Teilnahme an der aktuellen Bilanzvorlage. (Foto: Reuters) An diesem Donnerstag legt der VW-Konzern seine Halbjahreszahlen vor. Da wäre die Teilnahme des amtierenden Vorstandsvorsitzenden an der Bilanzpräsentation eine Selbstverständlichkeit. Doch in Wolfsburg ist derzeit nichts mehr normal nach dem… Continue reading German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

Volkswagen in China China plays an important role for the German car company. (Photo: dpa) Regardless of the growing risks, German companies continue to invest heavily in China. According to the Chinese Ministry of Commerce, investments rose by 21 percent in the first five months of the year compared to the same period last year.… Continue reading German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

General Motors to return to Europe with range of EVs

General Motors is gearing up for a return to the European market with a range of EVs, with the new Cadillac Lyriq SUV expected to lead the charge. The American giant essentially withdrew from Europe and the UK after selling Opel and Vauxhall to the PSA Group in 2017, keeping just a limited import operation for Cadillac and… Continue reading General Motors to return to Europe with range of EVs

Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

NEW YORK, July 27, 2022 /PRNewswire/ — The luxury cars market is fragmented, and the vendors are deploying growth strategies such as increasing their production capacity by opening new manufacturing plants or expanding existing plants to compete in the market. The market size is expected to grow by USD 78.32 bn between 2021 and 2026.… Continue reading Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

Apple hires Lamborghini executive to help steer EV program

Apple has hired a 20-year veteran of supercar maker Lamborghini to work on the tech company’s not-so-secret electric autonomous vehicle program, according to a report by Bloomberg. The executive, Luigi Taraborrelli, appears to have left Lamborghini in May 2022, according to his LinkedIn profile. Taraborrelli has worked at Lamborghini for nearly 21 years, mostly recently… Continue reading Apple hires Lamborghini executive to help steer EV program