Tag: VW

Audi profit-sharing bonus increases to €4,770

Audi is ensuring that its employees participate in the company’s success: A skilled worker at AUDI AG will receive a profit-sharing bonus of €4,770 for the 2017 financial year. The amount for this group of employees last year was €3,150. The company will pay out the bonuses to the eligible employees in Germany paid according… Continue reading Audi profit-sharing bonus increases to €4,770

Volkswagen Group to expand production of electric vehicles worldwide on a massive scale

News Press Release News Group Wolfsburg/Berlin, 13 March 2018 Volkswagen Group to expand production of electric vehicles worldwide on a massive scale The Volkswagen Group is driving forward with the transformation to e-mobility. 16 locations around the globe are to produce battery powered vehicles by the end of 2022. This was announced by   …more

China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions

China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs off a potential trade war between the world’s two biggest economies. The company has a team looking into proposals for… Continue reading China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions

Innovative sensor jacket trains industrial robots – Transparent Factory establishes partnership with Dresden-based start-up Wandelbots

Photo Brand 11 March 2018 Innovative sensor jacket trains industrial robots – Transparent Factory establishes partnership with Dresden-based start-up Wandelbots Saxony’s prime minister Michael Kretschmer (right) tries out the new sensor jacket from Wandelbots in the Transparent Factory of Volkswagen in Dresden. Also present: Saxony’s Minister of Economic Affairs Martin Dulig and Wandelbots co-CEO Georg… Continue reading Innovative sensor jacket trains industrial robots – Transparent Factory establishes partnership with Dresden-based start-up Wandelbots

Right on Schedule for E-Mobility

Story Brand Wolfsburg, 10 March 2018 Right on Schedule for E-Mobility Volkswagen is making excellent progress. In 2017, the brand sold more cars than ever before – a clear indication of rebounding consumer faith. That is why brand chief Herbert Diess will be able to   …more 1The car is not for sale yet.

UPDATE 3-Britain’s Melrose raises GKN bid to $11.2 bln in final offer

LONDON (Reuters) – Melrose Industries (MRON.L) increased its hostile offer for GKN (GKN.L) by around 10 percent to 8.1 billion pounds ($11.2 billion), trying to win over investors after the British engineering firm struck a rival deal of its own last week. GKN’s board unanimously rejected the new bid on Monday saying it continued to… Continue reading UPDATE 3-Britain’s Melrose raises GKN bid to $11.2 bln in final offer

Diesel: the solidarity of German manufacturers is cracking

Matthias Müller detonates more and more against other German champions: the leader of Volkswagen declared open last week to the introduction in Germany of a blue sticker, so far flatly rejected by the industry for which the This is tantamount to banning de facto millions of diesel vehicles from the most polluted cities in the… Continue reading Diesel: the solidarity of German manufacturers is cracking

IONITY Ultra Fast Charging Network Maps Out Planned Stations

1 hour ago by Mark Kane IONITY charging network in Europe – map of planned stations (source: Audi via Electrek) Audi presented at a conference in Oslo, Norway a makeshift map with fast charging stations of the IONITY network, established by the BMW, Daimler, Ford, Volkswagen, Audi and Porsche. Related – IONITY Debuts 350 kW… Continue reading IONITY Ultra Fast Charging Network Maps Out Planned Stations

Opel: IG Metall warning to Tavares

A year after the announcement of Opel’s purchase of General Motors by PSA, the French group’s management is negotiating with the works council of its new German subsidiary. Its goal is to reduce costs and bring the brand back to the brink. A risky gamble after years of accumulated deficit under the GM era. Discussions… Continue reading Opel: IG Metall warning to Tavares