PARIS (Reuters) – Renault (RENA.PA) may have to cut more costs than initially planned to get out of the red zone and its cash-flow projections are alarming, the French carmaker’s new chief executive said in an internal memo seen by Reuters. FILE PHOTO: A logo of Renault carmaker is pictured at a dealership amid the… Continue reading Exclusive: Renault CEO – We may need more cuts to escape the red zone
Tag: VW
Exclusive: Renault’s De Meo says more cost cuts may be needed – memo
FILE PHOTO: A logo of Renault carmaker is pictured at a dealership amid the coronavirus disease (COVID-19) outbreak in Sint-Pieters-Leeuw, Belgium May 29, 2020. REUTERS/Yves Herman/File Photo GLOBAL BUSINESS WEEK AHEAD PARIS (Reuters) – Renault (RENA.PA) might have to cut more costs than the 2 billion euros ($2.4 billion) in savings already planned to get… Continue reading Exclusive: Renault’s De Meo says more cost cuts may be needed – memo
Volkswagen’s new electric car panned by Germany’s leading test publication
FILE PHOTO: Employees clean a new car after a ceremony marking start of the production of a new electric Volkswagen model ID.3 in Zwickau, Germany, November 4, 2019. REUTERS/Matthias Rietschel/File Photo FRANKFURT (Reuters) – Germany’s Auto Motor und Sport said Volkswagen’s (VOWG_p.DE) new electric car, the ID.3, had fallen short of the carmaker’s usual standards… Continue reading Volkswagen’s new electric car panned by Germany’s leading test publication
Swansway Garages acquires Inchcape Volkswagen dealership in Oldham
Inchcape has continued its recent string of UK dealership disposals with the sale of its Oldham Volkswagen car franchise to Swansway Garages. Confirmation of the sale comes just a month after AM reported that Arden was poised to acquire Inchcape’s Cooper BMW and Mini car dealerships in Tunbridge Wells in the latest of a series… Continue reading Swansway Garages acquires Inchcape Volkswagen dealership in Oldham
World NM: A Volkswagen executive says it sell more electric cars than Tesla by 2023000110
Elon Musk and Volkswagen’s chairman may have a friendly relationship, but another executive at the German auto giant wants to be clear that Tesla is still a major competitor. Go to Source
@Daimler: Project Geländewagen: a Mercedes-Benz and Virgil Abloh collaboration
Stuttgart. On September 8th, Project Geländewagen – the first outcome of a collaboration that is a first of its kind between Mercedes-Benz and Chief Creative Director and Founder of Off-White and Men’s Artistic Director of Louis Vuitton Virgil Abloh – was unveiled via a unique digital launch event. The conceptual design project, led by Mercedes-Benz… Continue reading @Daimler: Project Geländewagen: a Mercedes-Benz and Virgil Abloh collaboration
@VW Group: Volkswagen teases new compact SUV
Sep 8, 2020 New compact SUV to slot under Tiguan in the Volkswagen lineup Second proof point of Volkswagen’s doubling-up strategy for SUVs Official reveal on 10.13.20 Herndon, VA — Volkswagen released the first image and video today of its new compact SUV. This new offering will slot under the Tiguan, and is the second… Continue reading @VW Group: Volkswagen teases new compact SUV
@VW Group: Volkswagen sets course for green electricity to power all freight carried on Deutsche Bahn
Volkswagen Group Logistics is switching all Deutsche Bahn carriage of materials and vehicles within Germany to green electricity by the start of 2021. This will cut over 26,700 tonnes of CO2 emissions a year compared to the conventional electricity mix. 95 per cent of all such transportation is already powered by green electricity. In addition… Continue reading @VW Group: Volkswagen sets course for green electricity to power all freight carried on Deutsche Bahn
@VW Group: Porsche Digital opens location in Croatia
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2020 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light… Continue reading @VW Group: Porsche Digital opens location in Croatia
The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. As… Continue reading The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC