Tag: VW

EU fines Volkswagen, BMW $1 billion for emissions cartel

Sets precedent by applying antitrust law to technical talks Daimler gets off fine after blowing whistle on cartel VW considering taking legal action BMW says cleared of suspicion of emissions cheating BRUSSELS, July 8 (Reuters) – The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday… Continue reading EU fines Volkswagen, BMW $1 billion for emissions cartel

Hino and Isuzu race for electric trucks as Chinese rivals encroach

TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach

German Manager Magazin: Renault figures half-year balance sheet: after billions in losses, black figures again, savings plan “Renaulution” takes effect 001010

The French automaker Renault was in the black again in the first half of the year – after a long dry spell. As the company announced on Friday, the group’s net profit was 354 million euros. Sales rose by 26.8 percent to 23.4 billion euros. In the same period of the previous year Renault had… Continue reading German Manager Magazin: Renault figures half-year balance sheet: after billions in losses, black figures again, savings plan “Renaulution” takes effect 001010

German Manager Magazin: Electric car approvals Western Europe 1st half year: Tesla’s Model 3 beats VW ID models – for the time being 001011

The German Federal Motor Transport Authority reported new records for new registrations of pure vehicles almost every month Electric cars and plugin hybrids. The numbers show with regularity how much the “environmental premium” increased in the wake of the corona pandemic is catching on. Thanks to the subsidy, which is shared equally by the state… Continue reading German Manager Magazin: Electric car approvals Western Europe 1st half year: Tesla’s Model 3 beats VW ID models – for the time being 001011

German Manager Magazin: Electric car: Every sixth electric car comes from VW, BMW or Daimler001010

According to a market study by the management consultancy PwC, the proportion of fully electric vehicles worldwide rose to 17 percent in the second quarter, and even to 50 percent for plug-in hybrids. The VW Group, BMW and Mercedes-Benz had sold a total of 246,000 battery cars and around 370,000 plug-in hybrids in the first… Continue reading German Manager Magazin: Electric car: Every sixth electric car comes from VW, BMW or Daimler001010

@VW Group: Inner Life – the interior of the future003614

To shape the future, Porsche designers cross boundaries. They take the best from traditions and origins – the brand essence, the values that have made the company successful. At the same time, they boldly add something new. To do so, they study people and their habits in general and Porsche drivers in particular. “In the… Continue reading @VW Group: Inner Life – the interior of the future003614

Škoda: the great ambitions of Volkswagen’s little-known gem

The little-known nugget of the Volkswagen group has great ambitions. The Czech manufacturer Škoda, which has just announced its strategic plan for 2030, wants to climb into the European top 5 by that date, with an operating margin of 8% worthy of “premium” manufacturers. “In a context where the automotive industry is completely upset, we… Continue reading Škoda: the great ambitions of Volkswagen’s little-known gem

German Manager Magazin: Volkswagen: Ralf Brandstätter becomes more powerful as head of the VW brand001002

Restore iTunes subscription manager + is processed via your iTunes account and paid for with a purchase confirmation. 24 hours before it expires, the subscription is automatically renewed by one month at the current price of € 24.99. You can cancel the subscription at any time in the settings of your iTunes account. In order… Continue reading German Manager Magazin: Volkswagen: Ralf Brandstätter becomes more powerful as head of the VW brand001002