By Reuters Staff 2 Min Read * Shares up as much as 5.2% * VW CEO Diess gets unanimous support from supervisory board * No early contract extension for CEO (Recasts, adds details, updates shares) HAMBURG, Dec 15 (Reuters) – Shares in Volkswagen rose as much as 5.2% on Tuesday after the carmaker temporarily defused… Continue reading UPDATE 1-Volkswagen shares gain as power struggle ends – for now
Tag: VW
Volkswagen shelves the ID Buggy to focus on more mainstream EVs
Sponsored Links Engadget Volkswagen won’t release a production variant of its whimsical electric dune buggy prototype. In an interview with Autocar, VW CEO Ralf Brandstätter said the automaker plans to focus on models with mainstream appeal instead of niche projects like the ID Buggy. “No, we won’t do this car,” he told the publication when… Continue reading Volkswagen shelves the ID Buggy to focus on more mainstream EVs
@VW Group: Digital Transformation: Volkswagen factories in the U.S. and Mexico to link up with the Industrial Cloud
Dec 14, 2020 Chattanooga (TN), Puebla and Silao (Mexico) are the first Volkswagen factories outside Europe to be connected with the global Industrial Cloud initiative from the Volkswagen Group and Amazon Web Services The Industrial Cloud is an IT industrial platform and designed to increase efficiencies and production innovation on a global scale App store… Continue reading @VW Group: Digital Transformation: Volkswagen factories in the U.S. and Mexico to link up with the Industrial Cloud
@VW Group: Volkswagen Supervisory Board agrees on management positions and reorganisation of Group Board – stronger focus on costs planned
During its meeting today, the Supervisory Board of Volkswagen AG dealt extensively with the Together 2025+ strategy and, in connection with this, a realignment of personnel. The Board unanimously resolved to give its full support to the strategy, in particular the orientation of the company towards electromobility and digitalisation. This results in the following realignment… Continue reading @VW Group: Volkswagen Supervisory Board agrees on management positions and reorganisation of Group Board – stronger focus on costs planned
@VW Group: Clean and cultivated: || the 2.0 TDI engine with new Euro 6d emission standard
Clean and smooth-running – the 2.0 TDI, Volkswagen’s most important diesel engine is now in new top form. Thanks to sophisticated twin dosing technology in the exhaust gas system, it undercuts the Euro 6d emission standard limits while also running quietly and smoothly. “The two-litre TDI engine remains one of our most important engines,” says… Continue reading @VW Group: Clean and cultivated: || the 2.0 TDI engine with new Euro 6d emission standard
@VW Group: Dr Arno Antlitz becomes Board Member for Finance and IT at Volkswagen Group
Today the supervisory board of Volkswagen has taken a far-reaching personnel decision: Dr Arno Antlitz, Board Member for Finance and Legal Affairs at Audi since 1 March 2020, will take over the position of Board Member for Finance and IT in the Volkswagen Group. He will succeed Frank Witter, who will leave the Management Board… Continue reading @VW Group: Dr Arno Antlitz becomes Board Member for Finance and IT at Volkswagen Group
indiGO Auto Group Acquires Ferrari Silicon Valley
“We are excited to further indiGO’s line up of luxury automotive dealerships with the addition of Ferrari. It has been a dream to have Ferrari in our portfolio since our inception, and today that dream became a reality,” noted Wolf. “We look forward to bringing our concierge style, white-glove service to the Silicon Valley and… Continue reading indiGO Auto Group Acquires Ferrari Silicon Valley
@VW Group: It’s official: The VW Bus is back, and it’s electric The I.D. Buzz concept will go into production, sparking a new generation of Mi…
The I.D. Buzz concept will go into production, sparking a new generation of Microbus fans Driven by popular demand, Volkswagen announced today it is planning on selling a production version of the award-winning I.D. Buzz concept electric vehicle in 2022 for the United States, Europe and China. “For me, the I.D. Buzz concept is the… Continue reading @VW Group: It’s official: The VW Bus is back, and it’s electric The I.D. Buzz concept will go into production, sparking a new generation of Mi…
Volkswagen’s Diess wants 40 battery factories in Europe to handle EV overload – Teslarati
By Joey Klender Posted on December 11, 2020 Volkswagen knows the future of the automobile industry is electric, and it is doing its best to transition its massive German stronghold into a series of large-scale electric vehicle production facilities. A company that is less than ten years out of a major scandal involving emissions cheat… Continue reading Volkswagen’s Diess wants 40 battery factories in Europe to handle EV overload – Teslarati
@VW Group: Production failure of supplier due to corona: || Volkswagen has to cut back production at main
The Volkswagen Passenger Cars brand is cutting back production in some areas at the Wolfsburg plant from next Monday (night shift). Component supply sections of the Volkswagen Group Components plant at Brunswick are also affected. This is attributable to a sudden production failure at a German seating foam supplier due to corona infections among the… Continue reading @VW Group: Production failure of supplier due to corona: || Volkswagen has to cut back production at main