The Volkswagen brand expects an operating margin of 3-4% for 2021. “It stays that way,” Ralf Brandstaetter told Reuters at the IAA Munich car show, also confirming the 6% margin goal set for 2023. MUNICH: Volkswagen‘s namesake brand on Monday confirmed its margin target, the division’s chief executive said, shrugging off the impact from a… Continue reading Volkswagen brand sticks to margin target despite chip crunch
Tag: VW
Japanese automakers’ China car sales tumbled in August
A prolonged global chip shortage has caught major automakers including Ford Motor, General Motors and Volkswagen off guard, forcing many to idle or curtail production. BEIJING: Japanese automakers Honda Motor , Nissan Motor and Toyota Motor saw their sales in China tumble in August as a chip shortage hit vehicle production in the world’s biggest… Continue reading Japanese automakers’ China car sales tumbled in August
Autos & TransportationChinese automaker Geely hires former Bentley design chief9:14 AM UTC
A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China, Aug. 4, 2017. REUTERS/Aly Song/File Photo BEIJING, Sept 6 (Reuters) – Chinese automaker Geely (GEELY.UL) has hired Stefan Sielaff, the former design chief of British luxury brand Bentley, as China’s manufacturers increasingly turn to new styles to boost sales in… Continue reading Autos & TransportationChinese automaker Geely hires former Bentley design chief9:14 AM UTC
@Geely: Stefan Sielaff to be Appointed as Vice President of Global Design at Geely Auto Group
Sielaff to succeed Peter Horbury, who is appointed Senior Vice President of Design at Group Lotus 2021 September 6th, Gothenburg/Hangzhou. Stefan Sielaff has been appointed Vice President of Global Design at Geely Auto Group (Geely). Stefan succeeds Peter Horbury, who joins Group Lotus as Senior Vice President of Design. Stefan, who will be based in… Continue reading @Geely: Stefan Sielaff to be Appointed as Vice President of Global Design at Geely Auto Group
German Handelsblatt: VW: At Volkswagen, autonomous driving is to become a “game changer” 002829
Munich Actually, the “Isarpost” event center in downtown Munich should primarily be about autonomous driving. But Volkswagen received additional visitors on its corporate evening at the start of the IAA Mobility. Greenpeace was there. The environmental organization wanted to hand over to CEO Herbert Diess the civil lawsuit presented last Friday because of insufficient efforts… Continue reading German Handelsblatt: VW: At Volkswagen, autonomous driving is to become a “game changer” 002829
German Handelsblatt: Interview: BMW boss Oliver Zipse announces climate offensive – but rejects obligation to phase out combustion engines by 2030002824
Munich Shortly before the start of the IAA auto show, BMW is going on the eco-offensive. By 2030, the automaker’s emissions are expected to drop by 40 percent, and half of all materials are to be recycled. The core of the plan is a strong increase in electromobility. In order to be able to build… Continue reading German Handelsblatt: Interview: BMW boss Oliver Zipse announces climate offensive – but rejects obligation to phase out combustion engines by 2030002824
Autonomous Volkswagen ID Buzz revealed ahead of 2025 launch
Volkswagen has revealed a prototype autonomous version of the forthcoming ID Buzz electric MPV that features technology developed by self-driving technology specialist Argo AI. The ID Buzz, which features a retro design that evokes the original T2 Transporter, is set to launch next year in both passenger and commercial vehicle forms. Unveiled at the Munich… Continue reading Autonomous Volkswagen ID Buzz revealed ahead of 2025 launch
Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving
Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. The two companies shared plans to test and commercially scale the jointly developed, fully-electric self-driving van over… Continue reading Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving
German Handelsblatt: VW: IAA Volkswagen boss Diess sees serious change through robotaxis002821
Herbert Diess The Volkswagen CEO assumes that the share of the business with driving services will grow strongly. (Photo: Reuters) Munich According to Volkswagen boss Herbert Diess, the automotive industry will change fundamentally as a result of software-based mobility services and self-driving cars. “Autonomous driving will change our industry like nothing else before,” said Diess… Continue reading German Handelsblatt: VW: IAA Volkswagen boss Diess sees serious change through robotaxis002821
@VW Group: Lamborghini presents the Countach LPI 800-4 at Milan Design Week, celebrating its uniquely inspirational design003780
Milan/Sant’Agata Bolognese, 5 september 2021 – Automobili Lamborghini attends Milano Design Week with an exhibition space in Superstudio Più, Via Tortona 27, created in partnership with the CRA – Carlo Ratti Associati design and innovation studio. Lamborghini’s strong ties to the world of design are highlighted both by the exhibition and the European unveiling of… Continue reading @VW Group: Lamborghini presents the Countach LPI 800-4 at Milan Design Week, celebrating its uniquely inspirational design003780