BERLIN—Luxury-car maker Audi AG said it would eliminate 9,500 jobs over the next five years as part of a restructuring aimed at bolstering profit in a slowing global auto market. The overhaul is expected to reap savings of roughly €6 billion ($6.6 billion) through 2029, a large part intended to finance Audi’s move away from… Continue reading Audi Targets 9,500 Jobs to Boost Profit – The Wall Street Journal
Tag: VW
@Groupe PSA: The new PEUGEOT 208 finalist for the Car of the Year 2020 award
The COTY (Car of The Year) jury selected the new PEUGEOT 208 from the list of its 7 finalists broadcast on November 25. The new PEUGEOT 208 impresses with its assertive design and technology: it offers the power of choice between electric or thermic energy. The winner of the COTY award will be announced on… Continue reading @Groupe PSA: The new PEUGEOT 208 finalist for the Car of the Year 2020 award
@VW Group: Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment
A new era is dawning. Audi is taking sustained action for greater economy, flexibility and secure jobs. The Board of Management and employee representatives have reached a fundamental agreement within the framework of Audi.Zukunft. The decisions relate in particular to the optimization of production capacities at the two German plants and socially responsible workforce adjustments… Continue reading @VW Group: Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment
@VW Group: Audi’s sustainable commitment to the Werksviertel quarter in Munich
Audi will be the mobility partner of the Werksviertel quarter in Munich and develop innovative concepts for the brand. On the site where the dumpling factories of the Pfanni brand once stood, a modern city quarter is arising. All of its “settlers” – as the residents and companies based there call themselves – share the… Continue reading @VW Group: Audi’s sustainable commitment to the Werksviertel quarter in Munich
@VW Group: Site insights—the Atlanta office
1. All information offered on Porsche Newsroom, including but not limited to, texts, images, audio and video documents, are subject to copyright or other legislation for the protection of intellectual property. They are intended exclusively for use by journalists as a source for their own media reporting and are not intended for commercial use, in… Continue reading @VW Group: Site insights—the Atlanta office
@VW Group: I know you got soul
11/23/2019 Join Mark Webber and Saudi motorsport personality Aseel Al-Hamad as they go on a soul journey through the heart of the Middle East. An extraordinary car deserves an extraordinary road trip, something Saudi motorsport personality Aseel Al-Hamad and Porsche brand ambassador Mark Webber have well and truly proved over the last week. The pair,… Continue reading @VW Group: I know you got soul
Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future
In October, Fiat Chrysler CEO Mike Manley told investors that he’s open to making cars powered by other companies’ electric vehicle technology. But Fiat Chrysler (FCA), which owns brands like Jeep and Dodge, is doing more than just considering the idea. The Verge has learned the automaker is in talks with at least two distressed… Continue reading Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future
@VW Group: “That’ll Be My Car”
A mild summer breeze carries the sound of traffic on the E6 freeway over to Skedsmokorset. If you drive south, you’ll reach Oslo in twenty-five kilometers. If you head north, you’ll reach the North Cape in about 2,200 kilometers. Erling Henningstad, a fifty-seven-year-old software engineer sporting a neatly trimmed beard and a blue checkered shirt,… Continue reading @VW Group: “That’ll Be My Car”
@VW Group: View Beyond the Visible
The view from the thirty-fourth floor extends beyond the office towers and flat Bauhaus roofs, past small houses from the city’s early days, and out to the Mediterranean. The mirrored twin towers behind the highway in Tel Aviv are like an aerie for autonomous driving innovations. A team from the start-up TriEye is here working… Continue reading @VW Group: View Beyond the Visible
Dealership group rushes judgment on Audi e-tron sales, patience required
Roger Penske, CEO of Penske Automotive Group, told analysts last month that the Audi e-tron is not selling as fast as he would like. But 4,000 sales over the past half-year for a relatively unknown new, luxury EV seems about right. In February, Audi announced that it had 20,000 reservations worldwide for its e-tron electric SUV. That… Continue reading Dealership group rushes judgment on Audi e-tron sales, patience required