Volkswagen brand expects its 2021 electric car deliveries to double

By Bartosz Dabrowski 2 Min Read (Reuters) – Volkswagen expects to double electric vehicle deliveries and increase profits for its core brand this year after the world’s second-largest carmaker stepped up its switch to fully electric vehicles. Slideshow ( 2 images ) The brand will deliver more than 450,000 electric cars this year, the company… Continue reading Volkswagen brand expects its 2021 electric car deliveries to double

Scania reports progress on climate targets

SÖDERTÄLJE, Sweden, March 17, 2021 /PRNewswire/ — For the first time since Scania set its Science Based Targets, the company reports on the progress on emission reduction both from its own operations and from vehicles in use.  In its own operations, Scania has already decreased carbon emissions by 43 percent from 2015 levels, through increased… Continue reading Scania reports progress on climate targets

European new car sales drop by 20% y/y in February- ACEA

Sales at Volkswagen and Stellantis dropped by 19% and 22% respectively, while Renault reported a fall of 29%. BERLIN: European car registrations fell in February, industry data showed on Wednesday, as coronavirus lockdowns and accompanying uncertainty across Europe took a toll on sales. New car registrations dropped by 20.3% year-on-year to 850,170 vehicles in the… Continue reading European new car sales drop by 20% y/y in February- ACEA

Volkswagen abruptly pulls plug on South Korean battery makers

By Heekyong Yang, Yilei Sun and Christoph Steitz SEOUL/BEIJING/FRANKFURT: Days before Volkswagen AG held an event to announce a major ramp-up in its electric vehicle production, the German car maker abruptly told its South Korean battery suppliers their current technology would be largely excluded from those plans. The decision by the world’s second largest automaker… Continue reading Volkswagen abruptly pulls plug on South Korean battery makers

Scania publishes Annual and Sustainability Report 2020

SÖDERTÄLJE, Sweden, March 17, 2021 /PRNewswire/ — 2020 was a year like no other. Though heavily impacted by disruptions due to the pandemic, Scania managed through with a strong underlying performance and an increased focus on driving the shift towards a sustainable transport system. In 2020, Scania was challenged by a historic global close-down of… Continue reading Scania publishes Annual and Sustainability Report 2020

BMW says every other car it sells to be fully electric by 2030

By Nick Carey, Riham Alkousaa 3 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. Slideshow ( 2 images ) In the short term, the German carmaker forecast on Wednesday… Continue reading BMW says every other car it sells to be fully electric by 2030

BMW expects half of its sales to be electric cars by 2030

By Nick Carey, Riham Alkousaa 2 Min Read (Reuters) – BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. Slideshow ( 2 images ) In the short term, the German carmaker forecast on Wednesday… Continue reading BMW expects half of its sales to be electric cars by 2030

Retail investors accelerate Volkswagen’s U.S. share spike

By Danilo Masoni, Aaron Saldanha 3 Min Read (Reuters) – U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, some market participants said, accelerating a rally spurred by well-received VW announcements on its efforts to overtake Tesla Inc in the electric vehicles market. FILE PHOTO: A Volkswagen logo is seen… Continue reading Retail investors accelerate Volkswagen’s U.S. share spike

@VW Group: NEW CONTINENTAL GT SPEED GAINS TRACTION Mar 16, 2021 Bentley Motors is preparing to un…002639

NEW CONTINENTAL GT SPEED GAINS TRACTION The most capable, performance-focused Bentley yet – with no compromise to comfort or luxury Highly advanced new chassis technologies for extraordinary journeys To be revealed at 16:00 GMT, 23 March, 2021 (Crewe, 16 March 2021) Bentley Motors is preparing to unveil the most dynamic road car in its 101… Continue reading @VW Group: NEW CONTINENTAL GT SPEED GAINS TRACTION Mar 16, 2021 Bentley Motors is preparing to un…002639

@VW Group: NEWSROOM: Volkswagen marks milestone in electrification with the U.S. arrival of the ID.4 EV002639

Mar 16, 2021 This month marks a major milestone in Volkswagen’s story: the arrival of the ID.4, the company’s first long-range electric SUV in dealers across America. Just as electric vehicles will transform the way we drive, Volkswagen has refreshed the way it sells vehicles to embrace a more sustainable future. From before it leaves… Continue reading @VW Group: NEWSROOM: Volkswagen marks milestone in electrification with the U.S. arrival of the ID.4 EV002639