NEW DELHI: Volkswagen (VW) group is taking a second bet on India as it pumps in a fresh one billion Euro (Rs 7,900 crore) to take a pie of the market, which is seen as one of the bright spots in the global automotive world, despite the current slump. VW will launch SUVs, sedans, electric… Continue reading Volkswagen to invest Rs 8,000 crore in 2nd bet on India
Tag: VW
Auto industry: VW is investing hundreds of millions of euros in the construction of SUV models in Argentina
VW logo The car maker is investing in Latin America. (Photo: AFP) Berlin, Pacheco The Volkswagen Group invests in Argentina around 800 million dollars, equivalent to 720 million euros, among other things in the construction of a new SUV model for Latin America. VW plans to build the new urban off-road vehicle Tarek at the… Continue reading Auto industry: VW is investing hundreds of millions of euros in the construction of SUV models in Argentina
Taigun: Volkswagen’s new midsize SUV for India
Volkswagen has long considered a mass-market SUV for India. However, the projects didn’t prove feasible and as a result the German carmaker couldn’t cash in on the surging demand for SUVs in the Indian market. The Volkswagen Taigun SUV concept, shown in the run-up to Auto Expo 2020, is a statement that the carmaker is… Continue reading Taigun: Volkswagen’s new midsize SUV for India
Lack of R&D funding leaves Japan Inc. in digital age dust
TOKYO — Corporate Japan, once renowned for technological innovation, is not only lagging behind the U.S. in research and development spending but is becoming less eager to take risk and invest in untested fields. Amazon.com, Facebook, Apple, Microsoft and Google parent Alphabet alone are set to outspend all Japanese companies combined. Analyst projections compiled by QUICK-FactSet… Continue reading Lack of R&D funding leaves Japan Inc. in digital age dust
Volkswagen ID R targets F1 car lap record
Volkswagen has committed to a return to this year’s Goodwood Festival of Speed with the ID R hillclimb machine in a bid to improve its outright course record – and is also aiming to beat the Mercedes F1 team’s lap record at Sonoma Raceway in California. The 671bhp electric racer has set course records at Pikes Peak, the… Continue reading Volkswagen ID R targets F1 car lap record
Electric Volkswagen Golf eR1 concept makes debut as ice racer
Volkswagen will showcase a fully electric four-wheel-drive e-performance Golf R concept car, showcasing the technology that will underpin future electric cars from the R performance brand, at the GP Ice Race event in Austria this weekend. The machine will be one of a number of motorsport-based machines Volkswagen is running in the showcase event, which takes… Continue reading Electric Volkswagen Golf eR1 concept makes debut as ice racer
Aston Martin delays electric car plans after raising emergency funds – The Verge
Aston Martin has officially delayed all plans for electric vehicles after taking on a desperately-needed new investment from Formula One billionaire Lawrence Stroll. The company says it has indefinitely suspended its first electric car, the Rapide E, after refusing to confirm rumors about the project earlier this month. And it has pushed the launch of… Continue reading Aston Martin delays electric car plans after raising emergency funds – The Verge
BMW delays next generation Mini due to Brexit uncertainty, costs: Official
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} Skoda Auto sets up software centres to support India 2.0 project defending champions mumbai indians should look to go even this season UK car exports to India register fall, Tata’s Range Rover models hold on to popularity Go to Source
Skoda Auto sets up software centres to support India 2.0 project
MUMBAI: European auto major Skoda Auto on Friday announced setting up of dedicated software development centres in Pune and Gurugram besides a DigiLab at Pune to support Skoda Auto Volkswagen’s ‘India 2.0’ project. The DigiLab at Pune is the fourth one in the world by the company after Prague (Czech), Bejing and Tel Aviv, a… Continue reading Skoda Auto sets up software centres to support India 2.0 project
BMW delays next generation Mini due to Brexit uncertainty, costs
* BMW extends lifespan of its Mini platform
* Brexit uncertainty hampers ability of BMW to invest in Britain
* Mini is also produced in the Netherlands (Adds detail)
FRANKFURT, Jan 31 (Reuters) – BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain's trade relations with the European Union make long-term investment decisions harder.
The German carmaker has developed three generations of the Mini since buying the marque from Rover Group in 1994, keeping each vehicle in the market for about six years.
The current Mini hatch model, which has been on the market since 2014, is built on the company's technological platform called UKL1.
“The lifespan of this platform has been extended,” BMW spokesman Maximilian Schoeberl told Reuters. “For cost reasons and because of Brexit.”
Pressure has risen on carmakers to free up resources so they can shoulder hefty investments to build next generation low emission electric, hybrid..