Stuttgart, 9 July 2021. Volkswagen AG, Wolfsburg, has announced today, that the operating profit for the first half of 2021 is expected to be around 11 billion euros. Volkswagen now expects an impact from the bottleneck in semiconductors rather in the second half of the year. No statements have been made concerning the estimated result… Continue reading @VW Group: Group result after tax 2021003420
Tag: VW
@VW Group: Volkswagen’s Supervisory Board welcomes new Group strategy – New service contract for Chairman of the Board of Management Dr. Herbert Diess003421
Dr. Herbert Diess will stay at the helm of the Volkswagen Group until October 2025. On Friday, the Supervisory Board of Volkswagen AG approved a new service contract with a corresponding term. This means that Dr. Diess will remain the Chairman of the Board of Management until his 67th birthday. The Supervisory Board was also… Continue reading @VW Group: Volkswagen’s Supervisory Board welcomes new Group strategy – New service contract for Chairman of the Board of Management Dr. Herbert Diess003421
@VW Group: Volkswagen AG announces preliminary figures for the first half 2021003420
The deliveries to customers of the Volkswagen Group continued to recover strongly in the first half of the current year, leading to a very strong Group turnover as well as a very high operating profit. Also the reported Automotive net cash position showed a very positive development. The bottleneck in semiconductors has shifted and will… Continue reading @VW Group: Volkswagen AG announces preliminary figures for the first half 2021003420
@VW Group: Porsche Design and Steigenberger to establish joint hotel brand003423
*Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance with the WLTP will, in many cases,… Continue reading @VW Group: Porsche Design and Steigenberger to establish joint hotel brand003423
@niche: Sono Motors Commences Community Tour Through Germany With Latest Prototype001026
Sono Motors is on a mission to enable a revolutionary mobility system, where every electric vehicle is solar, shared, and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, the Sion. Both the Sion’s integrated solar technology and innovative mobility services will enable users… Continue reading @niche: Sono Motors Commences Community Tour Through Germany With Latest Prototype001026
How Ford, GM, and VW overcame skeptical investors and unseated Tesla as the auto industry’s hottest stocks
The stock prices of traditional automakers like Ford and GM have soared in the last year. The semiconductor shortage has boosted their prices and profits. And investors have responded well to their increasingly bold EV strategies. See more stories on Insider’s business page. Tesla has been the automotive industry’s biggest stock-market success story over the… Continue reading How Ford, GM, and VW overcame skeptical investors and unseated Tesla as the auto industry’s hottest stocks
@VW Group: NEWSROOM: Finding the electric voice of the Volkswagen ID.4003410
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Panasonic CEO says battery supply relationship with Tesla unaffected by share sale
New Delhi: Panasonic Corp’s new CEO on Thursday said the Japanese company’s battery supply relationship with Tesla Inc remains strong even after it sold all its shares in the U.S. electric carmaker. “The sale has not hurt the relationship with Tesla,” Yuki Kusumi said at a press roundtable, when asked whether the sale indicated that… Continue reading Panasonic CEO says battery supply relationship with Tesla unaffected by share sale
Automotive: Alpine, Renault’s track to return to China
Posted on Jul 8, 2021 at 6:15 am How to regain a foothold in the Chinese market without risking losing your shirt with ruinous investments, and with a product likely to appeal to the local customer? Since his arrival at the head of Renault , Luca de Meo seeks to solve this equation. According to… Continue reading Automotive: Alpine, Renault’s track to return to China
Bentley goes its own way with new hybrid as Porsche-Rimac align
This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you… Continue reading Bentley goes its own way with new hybrid as Porsche-Rimac align