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Tag: VW
Rumor: Sixth production-bound VW ID electric car to be previewed with LA show concept
The Volkswagen Group plans to build 27 different electric-vehicle models, across its brands, by 2022—on its way to building 10 million EVs on its upcoming MEB architecture by later in the decade. That requires quite the ramp-up of company resources, and it’s likely the brand has many more new ideas and designs to test as concept cars.
One of those new concepts is due at the Los Angeles Auto show this November. Sources at VW with knowledge of the plans have confirmed to Green Car Reports that this will foreshadow a sixth production-bound member of the ID family to wear the Volkswagen badge.
So far the ID, ID Crozz, ID Buzz, ID Vizzion, and ID Roomzz concepts are all either confirmed or strongly hinted at as being production-bound. Of those, the ID, to be called ID 3 in production, is the only one open to reservations thus far, and it won’t be sold in the U.S.
Teaser for 2020 Volkswagen ID 3 debuting at 2019 Frankfurt auto show
With a production version of the ID Crozz already confirmed for U.S. arrival in the second half of 2020, and the production (sans camo) version of the ID 3 bound for the Frankfurt motor show in September, Volkswagen could be waiting until the LA show to preview (in concept) the ID 2, a small, affordable urban crossover.
Volkswagen hasn’t yet made an official statement about or confirmed any such debut.
Volkswagen ID Buzz Concept
Volkswagen has said that its Chattanooga, Tennessee, plant expansion will be ready to make electric cars in America in 2022. That also happens to be when VW intends to release the Microbus-revival ID Buzz. However, VW still has much to share in regard to which markets will get each respective vehicle and where they’ll be produced.
Online used car platform “heycar” expands internationally
Online used car platform “heycar” expands internationally
BRAUNSCHWEIG, 15-Aug-2019 — /EuropaWire/ — Successful online used car marketplace “heycar” expands internationally into the United Kingdom. Providing high-quality used vehicles with warranty to used car buyers in England, Wales, Scotland and Northern Ireland at www.heycar.co.uk. The heycar brand operates under Mobility Trader UK Ltd. in the United Kingdom. Mobility Trader UK is a wholly-owned subsidiary of Mobility Trader Holding GmbH and is a sister company of the German Mobility Trader GmbH. Mobility Trader Holding GmbH’s shareholders are Volkswagen Financial Services AG with 80 percent of the shares and Daimler Mobility AG with 20 percent.
Frank Fiedler, CFO of Volkswagen Financial Services AG, comments: “We are pleased that heycar has now taken the first step towards an international expansion. Following the positive reception of heycar in Germany, we now want to serve dealers and customers in the United Kingdom just as successfully and thus further expand our used car business.”
heycar brings greater transparency and trust to the used car market in the UK. Through partnerships with trusted dealers, all major automotive brands are available in heycar. All vehicles offered at heycar are less than eight years old and have done less than 100,000 miles and come with a warranty. Being the second largest used car market in Europe, United Kingdom benefits from heycar’s simpler solution to search for and find their used car, complete with a finance quote, in a seamless online journey.
Mat Moakes CEO of Mobility Trader UK Ltd, added: “The UK used car market, the second largest in Europe after Germany, works inefficiently for buyers and dealers. heycar will disrupt this industry through a simple, tech-led proposition and will take market share from the incumbents to become the number one site for high quality used cars in the UK.”
heycar starts in the UK with over 100,000 used cars from nearly 50 brands and as the company expands partnerships with dealer groups across the UK, it will continue to add more vehicles to its platform.
heycar was launched in Germany in October 2017. Currently, around 400,000 vehicles from different brands are available on the platform.
Information for editors
Volkswagen Financial Services key business fields embrace dealer and customer financing, leasing, the bank and insurance business, fleet management and mobility offers. Volkswagen Financial Services have a total of 16,267 employees worldwide – including 7,010 alone in Germany. Volkswagen Financial Services report total assets of around EUR 207.6 billion, an operating result of EUR 2.6 billion euros and a portfolio of around 20.3 million current contracts (as at: 31.12.2018). Volkswagen Financial Services is a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA and Canada that belong directly or indirectly to Volkswagen AG – with the exception of the financial services of the Scania brand and Porsche Holding Salzburg.
For press information:
Marc Siedler (Press spokesman)
Phone: + 49 (0)531 / 212-87675
E-Mail: marc.siedler@vwfs.com
www.vwfs.com
SOURCE: Volkswagen Financial Services
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