Volkswagen Group will invest heavily in its plant in Bratislava, Slovakia, instead of opening a new factory in Turkey, CEO Herbert Diess said. VW has reassessed its capacity requirements because of the coronavirus pandemic and decided that it currently does not need an additional plant, Diess told Automobilwoche, a sister publication of Automotive News Europe,… Continue reading VW Group will invest heavily in Slovakia plant, CEO Diess says – Automotive News Europe
Tag: VW
Europa Press: Porsche opens in Madrid a charging station with six 350 kW turbochargers000901
MADRID, Nov. 13 (EUROPA PRESS) – The high-end car company has inaugurated at its Porsche Madrid North Center, together with its headquarters in the capital, an electric vehicle charging station, with a total of 2,100 kilowatts (kW) distributed in six turbochargers of 350 kW each . Together with the general director of Porsche Ibérica, Tomás… Continue reading Europa Press: Porsche opens in Madrid a charging station with six 350 kW turbochargers000901
Europa Press: Skoda to assemble new Superb in Slovakia to increase Kodiaq production in Czech Republic000900
MLADÁ BOLESLAV (CZECH REPUBLIC), Nov. 13 (EUROPA PRESS) – The automobile firm Skoda has announced that it will move the production of the next generation of its Superb model from the Czech plant in Kvasiny to Bratislava, Slovakia, where it will begin to assemble the vehicle from 2023 to have a greater capacity in the… Continue reading Europa Press: Skoda to assemble new Superb in Slovakia to increase Kodiaq production in Czech Republic000900
Europa Press: Seat’s worldwide sales fell 11.4% in October to 38,900 units000899
MADRID, Nov. 13 (EUROPA PRESS) – The Spanish car company Seat sold 38,900 vehicles worldwide in October, which represents a decrease of 11.4% compared to the same month in 2019, according to data presented this Friday by the Volkswagen car group. Thus, the brand based in Martorell (Barcelona) became the second brand of the German… Continue reading Europa Press: Seat’s worldwide sales fell 11.4% in October to 38,900 units000899
Europa Press: The Volkswagen group decreases its sales worldwide by 4.9% in October and accumulates a fall of 17% 000898
Scania and Seat, the brands that fell the most, with 19.4% and 11.4%, respectively MADRID, Nov. 13 (EUROPA PRESS) – The Volkswagen car group registered 903,200 vehicles worldwide in October, which is a 4.9% drop compared to the 950,100 units it sold in the same month in 2019. According to data published this Friday by… Continue reading Europa Press: The Volkswagen group decreases its sales worldwide by 4.9% in October and accumulates a fall of 17% 000898
@VW Group: Volkswagen Group raises investments in future technologies to EUR 73 billion
The Volkswagen Group is pressing ahead with its transformation into a digital mobility company. As decided in Planning Round 69, the Group will spend around EUR 73 billion on electrification, hybrid powertrains and digital technology over the next five years. This was announced following today’s Supervisory Board meeting. Investments in Capex and R&D for future… Continue reading @VW Group: Volkswagen Group raises investments in future technologies to EUR 73 billion
@VW Group: Bugatti Speedline – A record-breaking brand
The digital speedometer shows 304.77 miles per hour. 490.484 km/h. In summer 2019, the practically impossible became possible with the Bugatti Chiron Super Sport 300+*: with its hyper sports car, the French company became the first manufacturer to break the 300-mph barrier, highlighting the brand’s technically outstanding performance. A record that has yet to be… Continue reading @VW Group: Bugatti Speedline – A record-breaking brand
@VW Group: ŠKODA AUTO gains additional capacity within VOLKSWAGEN Group’s production network
ŠKODA AUTO CEO, Thomas Schäfer, said: “We welcome the decisions on the Group’s planning regarding plant occupancy. It will provide us with the additional capacity in the Czech Republic that ŠKODA so urgently needs for growth. We have thus set the course for our brand’s expansion while remaining highly profitable. I think it’s an important… Continue reading @VW Group: ŠKODA AUTO gains additional capacity within VOLKSWAGEN Group’s production network
German Manager Magazin: Volkswagen: Sales decline worldwide in October. Even China is weak
After stabilizing slightly in September, theVolkswagen-Group falling sales again. The deliveries of the world’s largest automaker decreased in October by 4.9 percent compared to the same month last year. As Volkswagen announced on Friday, a total of 903,200 vehicles were brought to customers. Previously, the business burdened by the Corona crisis had initially caught up… Continue reading German Manager Magazin: Volkswagen: Sales decline worldwide in October. Even China is weak
German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323
The world’s largest automaker Volkswagenincreased amidst the Corona crisis and the economic uncertainty set the pace when switching to the Electromobility. In the next five years (2021-2025), Volkswagen plans to invest 73 billion euros in climate-friendly drives and digitalization and thus almost every second euro of its entire investment budget in this period. As before,… Continue reading German Manager Magazin: Volkswagen: Investments stagnate, but more for electric cars – Plant Emden loses Passat000323