Tag: VW

VW closes $2.6 billion investment in self-driving startup Argo AI

June 2 (Reuters) – German automaker Volkswagen AG has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday. Argo, founded in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by VW and Ford Motor Co, which made an initial investment in Argo… Continue reading VW closes $2.6 billion investment in self-driving startup Argo AI

Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim

Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of ​​how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim

Automaker: Opel’s secret plan for Rüsselsheim: third model against new cuts

Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of ​​how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Automaker: Opel’s secret plan for Rüsselsheim: third model against new cuts

Scania Plans Major Staff Reductions

SÖDERTÄLJE, Sweden, June 1, 2020 /PRNewswire/ —  The Coronavirus crisis had led to a sharp decline in revenues. Although it is currently not possible to forecast the length and severity of how the crisis will affect Scania’s business operations, it is expected that the demand for its products will remain lower for some time. Therefore,… Continue reading Scania Plans Major Staff Reductions

Car manufacturer: VW board of directors dies Diess

Herbert Diess and Supervisory Board Stephan Weil (SPD, r.) As representatives of the major shareholders, Wolfgang Porsche and Michel Piech expressed their confidence in the VW boss. (Photo: Reuters) Frankfurt Despite all the excitement about his professional future, VW-Boss Herbert Diess note nothing. With a friendly smile, he entered the conference room in Wolfsburg on… Continue reading Car manufacturer: VW board of directors dies Diess

@VW Group: Group-wide personnel changes in Technical Development and Product Line organization

Matthias Rabe has been named Member of the Board for Engineering at Bentley effective August 1. He succeeds Werner Tietz, who moves to SEAT as Executive Vice-President for Research and Development as of July 1. Werner Tietz succeeds Axel Andorff, who assumes responsibility for the Midsize and MEB Product Line at ŠKODA, also with effect… Continue reading @VW Group: Group-wide personnel changes in Technical Development and Product Line organization

Capgemini and Audi launch new JV for digital tech and consulting services

Capgemini and Audi have launched their joint venture called XL2. It will provide digital technology and consulting services in the fields of SAP S/4HANA and cloud services primarily for Audi and the entire Volkswagen Group. XL2 combines an agile start-up culture reinforced by two global industry leaders. The company’s goal is to expand its project… Continue reading Capgemini and Audi launch new JV for digital tech and consulting services

@VW Group: Landmark in Volkswagen-Ford global alliance

Landmark in Volkswagen-Ford global alliance: The Volkswagen AG Supervisory Board ap-proved further contracts under the cooperation with Ford Motor Company announced last year. The next milestones in the vehicle projects are anticipated to be implemented in near the future with the signatures of both companies. Three projects in the areas of elec-trification and commercial vehicles… Continue reading @VW Group: Landmark in Volkswagen-Ford global alliance

The VW system strikes back

Otherwise, the brand’s new vehicles get their finishing touches in the pilot hall on Volkswagen’s Wolfsburg site. Because the boardroom in the branded high-rise, where VW’s board of directors resides, is too small in Corona times, the group’s supervisory board gathered there on Thursday. The most important topic: the power struggle between the Volkswagen boss,… Continue reading The VW system strikes back