GENEVA (Reuters) – Volkswagen (VOWG_p.DE) managers discussed changing the corporate structure of its trucks business last week, a step needed for an eventual separate listing, a source close to the company said. FILE PHOTO: A Volkswagen logo is pictured at Volkswagen’s headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo The trucks board debated… Continue reading VW examines trucks structure ahead of possible IPO -source
Tag: VW
VW Weighs Strategic Options for Truck Division Revamp
Volkswagen AG officials are discussing options to prepare the truck division for access to the capital markets, potentially paving the way for an initial public offering of shares or a bond sale by the unit, according to people familiar with the matter. Deliberations at a meeting last week included changing the division’s legal structure to… Continue reading VW Weighs Strategic Options for Truck Division Revamp
Porsche places a Schuldschein loan worth 280 million euro
Porsche AG has issued a Schuldschein loan to the value of 280 million euro. The promissory note was structured in tranches with maturities of five, seven and ten years and with both fixed and variable interest rates on offer. A high level of demand meant that the order book was significantly oversubscribed.
Trucks on course IPO: Volkswagen plans to make the truck division a member of the AG in March
All articles and backgrounds 05/03/2018 Truck on course IPO Volkswagen plans to make the truck division a member of the AG in March Scania Scania trucks The Volkswagen Group wants to bring its truck and bus business with the brands Scania and MAN media reports on the stock market. Later this month, the transformation of… Continue reading Trucks on course IPO: Volkswagen plans to make the truck division a member of the AG in March
Dana Wins Contract to Supply All-Wheel-Drive Axle for New Volkswagen Crafter Van
BIRMINGHAM, England, March 5, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) is supplying its Spicer® AdvanTEK® M180 all-wheel-drive axle to the new, award-winning Volkswagen Crafter 4 Motion panel van. The axle – manufactured at Dana’s Birmingham, England, facility – provides exceptional reliability, durability, comfort, and efficiency in a compact design to meet stringent performance requirements throughout… Continue reading Dana Wins Contract to Supply All-Wheel-Drive Axle for New Volkswagen Crafter Van
Electromobility: Telekom builds 12,000 charging stations out of distribution boxes
Distribution box of Deutsche Telekom (picture: FEXX/CC0 1.0) The lack of public charging stations is a major obstacle to the electromobility, The Deutsche Telekom wants by the conversion of distribution boxes now more than double the offer. According to one Report of the Automobile Week Deutsche Telekom plans to start converting summer summer 2018 12,000… Continue reading Electromobility: Telekom builds 12,000 charging stations out of distribution boxes
The death of diesel: can struggling industry woo back consumers?
Automotive industry Amid fears about pollution, penalties and bans, buyers are abandoning diesel cars in droves Experts predict diesel’s UK market share will drop from one in two cars sold to one in seven by 2025. Photograph: Martin Meissner/AP No customers were troubling the Jaguar showroom in Welwyn Garden City on Friday, at the start… Continue reading The death of diesel: can struggling industry woo back consumers?
UPDATE 1-Trump threatens to tax European auto imports
WASHINGTON (Reuters) – U.S. President Donald Trump kept up pressure on trading partners on Saturday, threatening European automakers with a tax on imports if the European Union retaliates against his plan to slap tariffs on aluminum and steel. FILE PHOTO: Cars for export stand in a parking area at a shipping terminal in the harbour… Continue reading UPDATE 1-Trump threatens to tax European auto imports
Study on diesel driving bans: More car discounts on new cars
All articles and backgrounds 03/03/2018 Study on diesel bans More car discounts on new cars Volkswagen After the judgment to possible Diesel driving bans expects industry expert Ferdinand Dudenhöffer with further discounts for new cars. Customers would use the already offered scrapping and exchange rates even more than before, said the head of the CAR… Continue reading Study on diesel driving bans: More car discounts on new cars
Press Release No. 05/2018 – Vehicle registrations in the February 2018
date 03/02/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. Except for Audi (-3.6%) and BMW (-0.7%) recorded the… Continue reading Press Release No. 05/2018 – Vehicle registrations in the
February 2018