TRATON SE has signed its inaugural syndicated revolving credit facility in a total amount of €3.75 bn. The facility has a maturity of 3 years and can be extended twice for one year each (“3+1+1” years). The facility amount is provided by a consortium of 21 banks, thereby defining TRATON GROUP’s core relationship banks. The… Continue reading @VW Group: €3.75 bn debut syndicated revolving credit facility signed by TRATON SE
Tag: VW
@VW Group: Lighting technology pioneer Audi fields next-generation OLED technology
07/29/20 Ingolstadt Models Audi TechFocus Newsletter #02 Audi Q5 40 TDI: Combined fuel consumption in l/100 km: 5.4 – 5.3 (43.6-44.4 mpg US) Combined CO2 emission in g/km: 143 – 139 (230-224 g/mi) Audi Q5 40 TDI: Combined fuel consumption in l/100 km: 5.4 – 5.3 (43.6-44.4 mpg US) Combined CO2 emission in g/km: 143… Continue reading @VW Group: Lighting technology pioneer Audi fields next-generation OLED technology
Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers
Tesla CEO Elon Musk noted on Twitter on Tuesday night that the automaker would be “open to licensing software and supplying powertrains & batteries” to other automakers. Musk added that that would even include Autopilot, the advanced driver assistance software that Tesla offers to provide intelligent cruise control in a number of different driving scenarios.… Continue reading Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers
SEAT to increase localisation, shorten component supply chain
SEAT gathered 60 of its main suppliers in Spain and associations such as ANFAC (the Spanish Association of Car and Truck Manufacturers), Sernauto (the Spanish Association of Automotive Suppliers) and ACICAE and CIAC (automotive clusters in the Basque Country and Catalonia, respectively) today in a virtual meeting to present its strategy for the future. After… Continue reading SEAT to increase localisation, shorten component supply chain
Tesla faces a South Korean safety investigation into its Autopilot, braking, and steering systems
South Korea has launched a federal safety probe into Tesla. Braking and steering systems including the Autopilot function are part of South Korea’s investigation into Tesla. Tesla’s beat out Hyundai’s Kona EV in South Korea in June as competition heats up in Hyundai’s home market. Visit Business Insider’s homepage for more stories. South Korea said… Continue reading Tesla faces a South Korean safety investigation into its Autopilot, braking, and steering systems
Elon Musk says Tesla doesn’t want to crush rivals, and the company is open to licensing its self-driving software and battery technology (TSLA)
Elon Musk tweeted Tuesday that Tesla would consider licensing its self-driving software and supplying battery technology to other automakers. “We’re just trying to accelerate sustainable energy, not crush competitors!” Musk said. Musk’s comments came in response to a blog post about German automakers looking to close the technological gap between them and Tesla. Visit Business… Continue reading Elon Musk says Tesla doesn’t want to crush rivals, and the company is open to licensing its self-driving software and battery technology (TSLA)
Here’s A Rare Chance To Buy A Spyker C8 Laviolette – Car Throttle
This former Spyker factory demonstrator has an eye-popping interior and more character than the entire Disney back-catalogue The Spyker C8 is one of those brilliant anomalies you sometimes get from small-volume sports car-makers. Made to look as though it was carved by aliens from a single block of cool white metal, the Dutch oddball cooks… Continue reading Here’s A Rare Chance To Buy A Spyker C8 Laviolette – Car Throttle
Traton signs a credit line of 3.75 billion to have greater “financial flexibility”
MADRID, Jul 29 (EUROPA PRESS) – Traton, the commercial vehicle division of the Volkswagen group, has signed a syndicated credit line of 3.75 billion euros to provide greater “financial flexibility” on favorable terms. As the firm has indicated in a statement, this line of credit, backed by a consortium of 21 banks, has an initial… Continue reading Traton signs a credit line of 3.75 billion to have greater “financial flexibility”
Seat, Volkswagen and Iberdrola join forces to promote a network of charging points in Spain
MADRID, Jul 29 (EUROPA PRESS) – The automobile firm Seat, Volkswagen Group Spain Distribution and Iberdrola have signed an agreement to promote electric mobility in Spain, with the aim of promoting the creation of a public network of charging points, promoting the use of renewable energy, marketing charging solutions and integrate Iberdrola’s infrastructure in electric… Continue reading Seat, Volkswagen and Iberdrola join forces to promote a network of charging points in Spain
2020 Skoda Enyaq: electric SUV’s interior details revealed
Skoda has preveiwed the interior of its new Enyaq iV SUV, its first electric model built on the Volkswagen Group’s MEB platform, ahead of its unveiling on 1 September. The new machine, which uses the same underpinnings as the new Volkswagen ID 3, is said to feature a cabin that “reflects modern living environments”. Skoda designers have exploited the MEB platform’s… Continue reading 2020 Skoda Enyaq: electric SUV’s interior details revealed