Tag: VW

130,000 jobs in the auto industry at risk: the government’s industrial policy ghosting

Julian Stratenschulte / DPA Production of the VW Golf 8 at the Volkswagen plant in Wolfsburg What is wrong with our government? The economic stimulus program was barely there released , the SPD politicians in particular celebrated as if they had secured the German economy at least five years of recovery. And that from a… Continue reading 130,000 jobs in the auto industry at risk: the government’s industrial policy ghosting

Automotive industry: Volkswagen sales slump by a third in May

Volkswagen Deliveries slumped 45 percent in April. (Photo: AP) Wolfsburg Volkswagen sold significantly fewer vehicles worldwide due to the corona crisis. However, the decline in May, at minus 33.7 percent to 609,400 vehicles, was less pronounced than in the previous month. Deliveries slumped 45 percent in April because production in Europe stopped and the trade… Continue reading Automotive industry: Volkswagen sales slump by a third in May

New Citroen e-Spacetourer is nine-seat EV with 143-mile range

Citroën is joining the niche electric MPV sector with a battery-powered version of its Spacetourer van-based model. The e-Spacetourer, which can accommodate up to nine people, features an electric motor putting out 134bhp and 192lb ft of torque in place of the standard model’s diesel engine. Mated to a 50kWh battery pack, that’s enough for a… Continue reading New Citroen e-Spacetourer is nine-seat EV with 143-mile range

@Hyundai: XCeed Exceeds Expectations

Two leading German motor magazines examined the Kia XCeed, and here’s what they said about the model. The two leading German motor magazines – Auto Bild, and Auto Motor und Sport(AMS) – reviewed the Kia XCeed, and here are the detailed results. German motor magazines reviewed XCeed XCeed, one of the sister models of the… Continue reading @Hyundai: XCeed Exceeds Expectations

VW’s first mass-market EV suffers delay thanks to software struggles

Volkswagen is delaying the release of certain versions of the all-electric ID 3 because the car’s software isn’t ready, confirming months of reports from German outlets like Sueddeutsche Zeitung and Manager Magazine about the company’s struggle to bring its first mass-produced electric vehicle to market. People who preordered the “limited edition” version of the electric… Continue reading VW’s first mass-market EV suffers delay thanks to software struggles

Auto industry recovery from COVID-19 could take years, signaling slow climb back

Global vehicle sales could fall year-over-year by more than 20% in 2020, according to a new study, and not return to pre-COVID-19 levels until 2023 — another gloomy sign that contributed to the Dow Jones Industrial Average plunging nearly 1,900 points Thursday to its lowest since March. The Dow fell 6.9%, the S&P 500 dropped 5.9% and the tech-heavy Nasdaq… Continue reading Auto industry recovery from COVID-19 could take years, signaling slow climb back

GM’s electric push risks market-share loss for top moneymakers

David Welch, Bloomberg Published 1:04 p.m. ET June 11, 2020 | Updated 1:06 p.m. ET June 11, 2020 General Motors Co.’s ambitious push into electric vehicles could pose a near-term risk as the automaker spends less to replace its more profitable gas-powered vehicles, according to an annual study published by Bank of America Global Research.… Continue reading GM’s electric push risks market-share loss for top moneymakers

@VW Group: Volkswagen takes action in response to criticism of social media clip

In response to the rightly criticized Internet clip to promote the Golf 8, the company has decided to take a number of actions. This is to ensure that the production and publication of inappropriate content will be prevented in future. “Our controls are clearly insufficient when it comes to ethical judgment. We recognize that we… Continue reading @VW Group: Volkswagen takes action in response to criticism of social media clip