Tag: VW

Audi unveils new e-tron S, claims will be ‘first electric cars worldwide with three motors in mass production’

Audi is unveiling its new e-tron S models and the company claims that they will be “the first electric cars worldwide with three motors in mass production.” The German automaker unveiled the concept of the e-tron Sportback not long after the e-tron concept in 2017, and it always planned to release the vehicle soon after… Continue reading Audi unveils new e-tron S, claims will be ‘first electric cars worldwide with three motors in mass production’

@VW Group: Following the cancellation of the Geneva Motor Show, Volkswagen will be presenting its innovations as part of an online stream

Volkswagen welcomes the decision of the Geneva State Council to cancel this year’s Geneva Motor Show. This is a decision in the interests of the health and safety of all participants and employees. As an alternative to the originally scheduled press conference on Tuesday, March 3rd, at 9.10 am, the Volkswagen brand will showcase its… Continue reading @VW Group: Following the cancellation of the Geneva Motor Show, Volkswagen will be presenting its innovations as part of an online stream

@VW Group: TRATON seeking to execute a squeeze-out of the non-controlling shareholders of MAN SE in accordance with merger law

Commercial vehicle producer TRATON SE (TRATON) intends to merge MAN SE (MAN) with TRATON in order to simplify the TRATON GROUP’s overall structure. In connection with this merger, TRATON plans to execute the procedure for transferring the shares held by the non-controlling shareholders of MAN to TRATON in consideration of payment of an appropriate cash… Continue reading @VW Group: TRATON seeking to execute a squeeze-out of the non-controlling shareholders of MAN SE in accordance with merger law

@VW Group: Audi with enhanced role in Volkswagen Group

Volkswagen AG is enhancing the role of Audi in the Group. To that end, Audi headed by its new CEO Markus Duesmann will take over the lead for research & development in the brand alliance. Furthermore, Ingolstadt is to be the organizational focus of the Car.Software organization. In the context of more efficient steering, Volkswagen… Continue reading @VW Group: Audi with enhanced role in Volkswagen Group

@VW Group: Volkswagen Group with positive business performance in 2019

The Volkswagen Group has completed fiscal year 2019 successfully. Sales revenue in-creased by EUR 16.8 billion to EUR 252.6 billion and operating profit before special items rose to EUR 19.3 (17.1) billion. At 7.6 (7.3) percent, the operating return on sales before special items slightly exceeded the forecasted range for 2019. Operating profit also improved… Continue reading @VW Group: Volkswagen Group with positive business performance in 2019

@VW Group: 28Feb The Swiss Federal Council cancels the 90th Geneva Motor Show The company takes notice of the decision

The company takes notice of the decision With enormous respect we take notice of the Swiss Federal decision to cancel the 2020 Geneva Motorshow «Once again, thanks to all our colleagues, clients and partners for the stronger than usual support showed during these months» says Ceo Jörg Astalosch Go to Source

@VW Group: Volkswagen AG plans to take over all Audi shares and to place Audi at the head of Volkswagen Group development

Volkswagen AG is to strengthen Audi’s role within the Group. With Markus Duesmann as the new CEO, Audi will take the lead for research & development within the brand alliance. In the context of reorganizing competencies and responsibilities, Volkswagen AG plans to carry out a squeeze-out according to German stock corporation law in order to… Continue reading @VW Group: Volkswagen AG plans to take over all Audi shares and to place Audi at the head of Volkswagen Group development

@VW Group: Dynamic, agile and electric: Audi presents drive concept for e-tron S-models

Audi is systematically moving forward with its e-offensive: The Audi e-tron and the Audi e-tron Sportback are becoming more agile, sharper and more dynamic as S models. The three electric motors, two of which are located on the rear axle, together provide 370 kW of boost power and 973 Nm (717.6 lb-ft) of torque. This… Continue reading @VW Group: Dynamic, agile and electric: Audi presents drive concept for e-tron S-models

VW offers to buy out minority shareholders in Audi

FILE PHOTO: The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson/File Photo FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) said on Friday it had offered to buy out minority shareholders in its premium brand Audi AG (NSUG.DE), via a so-called squeeze-out offer. Volkswagen AG already… Continue reading VW offers to buy out minority shareholders in Audi