@VW Group: Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales002685

2020: record operating margin The second-best year ever for turnover and sales Order bank already covers nine months of 2021 production Positive outlook for growth in 2021, with China expected to ascend to second place for global sales Focus on the commercial launch of the Huracán STO and two further new products Sant’Agata Bolognese, March… Continue reading @VW Group: Automobili Lamborghini: Strong profitability and second-best year ever for turnover and sales002685

@VW Group: 30 years of ŠKODA AUTO in the Volkswagen Group: A European economic success story002685

Thomas Schäfer, Chairman of the Board of Management of ŠKODA AUTO, emphasises: “The integration of ŠKODA AUTO into the Volkswagen Group is a great example of a successful transformation in the Czech Republic and the European Union as a whole. With determination, foresight and courage, the people involved at that time set the right course… Continue reading @VW Group: 30 years of ŠKODA AUTO in the Volkswagen Group: A European economic success story002685

@VW Group: Economic success and sustainability belong together002684

03/22/2021 Porsche Consulting GmbH is expanding its consulting services for sustainability issues and strengthening its own efforts in the field.  “Sustainability is becoming a decisive factor for the competitiveness of companies around the world and across all industries,” says Eberhard Weiblen, Chairman of the Executive Board of Porsche Consulting. “Economic success and the transition to… Continue reading @VW Group: Economic success and sustainability belong together002684

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India to launch supercharged push for global electric vehicle players

To benefit from the scheme automakers must meet conditions including minimum global revenue of $1.4 billion. For auto parts makers it is $69 million. The companies must grow by at least 8% each year to qualify for the incentives, which are also linked to the distance between the factory and point of sale. By Aditi… Continue reading India to launch supercharged push for global electric vehicle players

VW’s SEAT wants to build battery assembly plant in Barcelona area

By Joan Faus 3 Min Read BARCELONA (Reuters) – Volkswagen’s Spanish automaker SEAT wants to locate a battery assembly plant near its Barcelona factory to support electric car production there from 2025, providing it gets financial and other support from Spanish and EU authorities, its chairman said on Monday. Slideshow ( 5 images ) Wayne… Continue reading VW’s SEAT wants to build battery assembly plant in Barcelona area

VW’s Traton Group to invest 1.6 billion euros in electric mobility

The TRATON GROUP is systematically preparing for the transition to electric drives. The commercial vehicle manufacturer has now decided to invest a total of 1.6 billion euros (Rs 13,227 crore) in research and development for e-mobility by 2025. An e-mobility investment of 1 billion euros (Rs 8,267 crore) had been planned originally over this period.… Continue reading VW’s Traton Group to invest 1.6 billion euros in electric mobility

German Handelsblatt: Dax current: Dax investors ignore possible curfew – private investors gamble with VW shares001683

Dax curve in the trading room in Frankfurt The Frankfurt benchmark has already reached a new record several times this year. (Photo: dpa) Frankfurt Investors in the German stock market are cautious about the imminent extension of the lockdown. On Monday morning, the German benchmark index was 0.3 percent up at 14,664 points. The main… Continue reading German Handelsblatt: Dax current: Dax investors ignore possible curfew – private investors gamble with VW shares001683

German Manager Magazin: Audi Q4 E-Tron: Start of production in Zwickau000675

A good 110 years ago in Zwickau the first Audi saw the light of day – now the company is returning to its place of origin. This week starts in the Saxon Volkswagen-Fabrik starts production of the Eletro-SUV Q4 E-Tron, another Audi model, the Q4 Sportback, is to be added in the summer. The new… Continue reading German Manager Magazin: Audi Q4 E-Tron: Start of production in Zwickau000675

ANALYSIS-Electric shock: German auto stocks get a new lease of life

By Danilo Masoni, Thyagaraju Adinarayan 5 Min Read LONDON (Reuters) – Volkswagen and BMW’s plans to grab market share in the fast-growing electric car market and challenge Tesla could shift the dial for their cheaply priced shares. FILE PHOTO: The BMW iNEXT electric autonomous concept car is introduced during a BMW press conference at the… Continue reading ANALYSIS-Electric shock: German auto stocks get a new lease of life