@VW Group: Porsche SE and Bridgepoint acquire Econolite Group004745

Stuttgart, 14 March 2022. Porsche Automobil Holding SE (Porsche SE), Stuttgart, and Bridgepoint Advisers Limited (Bridgepoint), London, UK, jointly acquire Econolite Group (Econolite), Anaheim, California, USA. Together with the joint portfolio company PTV Planung Transport Verkehr GmbH (PTV), Karlsruhe, Germany, this will create a fully integrated provider of market leading mobility solutions. Econolite’s product portfolio,… Continue reading @VW Group: Porsche SE and Bridgepoint acquire Econolite Group004745

@VW Group: Porsche SE closes partial sale of PTV to partner Bridgepoint004744

Stuttgart, 1 February 2022. On 31 January 2022, Porsche Automobil Holding SE (Porsche SE), Stuttgart, closed the transfer of 60 percent of its investment in PTV Planung Transport Verkehr AG (PTV) to Bridgepoint Advisers Limited (Bridgepoint), London, UK, after having obtained the regulatory approvals. PTV’s growth strategy will be consistently pursued in the new shareholder structure and… Continue reading @VW Group: Porsche SE closes partial sale of PTV to partner Bridgepoint004744

@VW Group: BUGATTI FORGES NEW PARTNERSHIP WITH SEGOND AUTOMOBILES GROUP OF MONACO004745

The walls of Monaco’s streets echo with the sound of motor racing history, as well as Bugatti’s own racing heritage. 92 years ago in 1929, the iconic Circuit de Monaco held its very first Grand Prix, won in unforgettable fashion by none other than William “Williams” Charles Frederick Grover in his Bugatti Type 35B. On… Continue reading @VW Group: BUGATTI FORGES NEW PARTNERSHIP WITH SEGOND AUTOMOBILES GROUP OF MONACO004745

Audi, first manufacturer to transform the car into an experience platform for virtual reality

15 March, 2022 Posted by: Jorge Platero Category: Faconauto News Audi and Holoride team up to make road trips a unique experience through virtual reality. As of June, the German brand will become the first car manufacturer to include virtual reality in its vehicles with the peculiarity that it adapts to driving movements. In this… Continue reading Audi, first manufacturer to transform the car into an experience platform for virtual reality

German Handelsblatt: Interview: VW boss: “Problems in the supply chains and the dramatic price increases are a foretaste”003966

VW-Chef Herbert Diess „Wir müssen mit Sicherheit für das Elektrowachstum in den USA weitere Batteriefabriken bauen.“ (Foto: Volkswagen AG) Angesichts des Ukrainekriegs will Volkswagen andere Wachstumsmärkte außerhalb Europas stärken, vor allem die USA. „Wir müssen uns weltweit noch breiter aufstellen“, sagte VW-Chef Herbert Diess im Interview mit dem Handelsblatt. Der Marktanteil in den USA solle von… Continue reading German Handelsblatt: Interview: VW boss: “Problems in the supply chains and the dramatic price increases are a foretaste”003966

Hankook iON: New Global Family of Tires for Electric Vehicles Promotes Sustainable Mobility

The iON products will initially be available in three designs at launch, in sizes between 18 and 22 inches: in Europe beginning in May 2022 as the Hankook Ventus iON S summer tire pattern, and from September 2022 for the winter as the Hankook Winter i*cept iON. The Hankook Ventus iON A tire will be… Continue reading Hankook iON: New Global Family of Tires for Electric Vehicles Promotes Sustainable Mobility

Scania Year-end Report January-December 2021

SÖDERTÄLJE, Sweden, March 15, 2022 /PRNewswire/ — The year 2021 for Scania has been characterised by record strong demand for trucks while we faced an extreme challenge in meeting this demand due to a shortage of components in the supply chain. Summary of the full year 2021 •   Net sales increased by 17 percent to… Continue reading Scania Year-end Report January-December 2021

Northvolt announces its third gigafactory will be established in Germany’s clean energy valley

Northvolt signs Memorandum of Understanding with the north German state of Schleswig-Holstein and the region of Heide for the development of a 60 GWh lithium-ion battery manufacturing plant The gigafactory, Northvolt Drei, is to employ 3,000 persons and produce its first batteries in late 2025 Powered by the cleanest electricity grid in Germany, Northvolt Drei… Continue reading Northvolt announces its third gigafactory will be established in Germany’s clean energy valley

Northvolt will seine dritte Gigafabrik in Deutschlands führender Region für Erneuerbare Energien errichten

Northvolt unterzeichnet eine Absichtserklärung mit dem norddeutschen Bundesland Schleswig-Holstein und der Region Heide für die Entwicklung einer 60 GWh Lithium-Ionen Batteriefabrik Die Gigafabrik, Northvolt Drei, soll 3.000 Mitarbeiter beschäftigen und Ende 2025 die ersten Batterien produzieren Angetrieben durch das grünste Stromnetz in Deutschland ist Northvolt Drei in der Lage, die umweltfreundlichsten Batterien in Kontinentaleuropa zu… Continue reading Northvolt will seine dritte Gigafabrik in Deutschlands führender Region für Erneuerbare Energien errichten

@VW Group: Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022004743

CEO Herbert Diess said at Volkswagen‘s annual earnings press conference in Wolfsburg:„The war in the Ukraine is dramatic and causes human tragedy and economic upheaval that we thought we had overcome throughout years of multilateralism and diplomacy,“ Diess said. „Volkswagen has proven its resilience over the past years and will manage this crisis, too. At… Continue reading @VW Group: Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022004743