FRANKFURT (Reuters) – Volkswagen VOWG_p.DE is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. Slideshow ( 2 images ) “Volkswagen is in the process of… Continue reading Exclusive: Volkswagen drawing up plans to carve out Lamborghini – sources
Tag: VW
Tesla Autopilot scores low for driver engagement in European safety rating
By Tina Bellon 2 Min Read Slideshow ( 2 images ) (Reuters) – Tesla Inc’s Autopilot has ranked sixth in 10 driver assistance systems evaluated in a European safety assessment, scoring low on its ability to keep drivers engaged. The Tesla Model 3’s Autopilot scored just 36 when assessed on its ability to maintain a… Continue reading Tesla Autopilot scores low for driver engagement in European safety rating
Volkswagen Group confirms positive financial outlook for 2020
Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft. The Volkswagen Group claims its transformation towards becoming “a leading provider of electric, digital mobility” has been accelerated, rather than held back, by the coronavirus pandemic. The comments by CEO Herbert Diess come despite a substantial hit to deliveries worldwide, down by more than a fifth during… Continue reading Volkswagen Group confirms positive financial outlook for 2020
Aurora Labs ramps ‘self-healing’ software with $23M from LG Technology Ventures, Porsche SE, Toyota Tsusho
The automotive market is grappling with increasingly complex software systems, and in turn greater risks of glitches that can cause costly and unsafe disruptions and damage an automaker’s credibility. Just look at today’s new cars, trucks and SUVs compared to their counterparts a decade ago. New vehicles coming off assembly lines today contain tens of… Continue reading Aurora Labs ramps ‘self-healing’ software with $23M from LG Technology Ventures, Porsche SE, Toyota Tsusho
@VW Group: Volkswagen shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on dividend for 2019
The Annual General Meeting of Volkswagen Aktiengesellschaft took place today online for the first time due to the Covid-19 pandemic. The shareholders voted by a majority of 99.98 percent to approve the recommendation of the Board of Management and the Supervisory Board to pay the same dividend as last year of 4.80 EUR per ordinary… Continue reading @VW Group: Volkswagen shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on dividend for 2019
@VW Group: Annual General Meeting: Volkswagen confirms outlook for 2020 and underscores future investments
The Volkswagen Group today confirmed its outlook for 2020 and underscored the planned future investments despite the COVID-19 pandemic. “In both 2019 and 2020, we took significant steps towards becoming a leading provider of electric, digital mobility, achieving important milestones”, Group CEO Herbert Diess said at the virtual Annual General Meeting of Volkswagen Aktiengesellschaft. “The… Continue reading @VW Group: Annual General Meeting: Volkswagen confirms outlook for 2020 and underscores future investments
@VW Group: ŠKODA AUTO Logistics optimises use of container space with help of artificial intelligence
[embedded content] David Strnad, Head of Brand Logistics at ŠKODA AUTO, said, “This AI app is a major development step on our way to digitalising logistics and our work processes. The OPTIKON project makes the work of the employees in the parts warehouse easier whilst also lowering our transport costs. Furthermore, it has allowed us… Continue reading @VW Group: ŠKODA AUTO Logistics optimises use of container space with help of artificial intelligence
German Manager Magazin: Volkswagen AG: Herbert Diess announces conversion of VW at the annual general meeting000187
The auto company VolkswagenThe manager said on Wednesday at the virtual general meeting that it had to “transform itself from a collection of valuable brands”, primarily with combustion engines, to a digital company that reliably operated millions of networked electric vehicles. VW wants to be constantly connected online with these “mobility devices” in order to… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess announces conversion of VW at the annual general meeting000187
Volkswagen CEO says will announce important strategic steps this year
By Reuters Staff 3 Min Read FRANKFURT (Reuters) – Volkswagen VOWG_p.DE needs to change to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess gestures… Continue reading Volkswagen CEO says will announce important strategic steps this year
Hubject and ubitricity are joining forces to foster seamless EV charging all over Europe
Berlin, September 24, 2020 — Hubject and ubitricity are joining forces to foster seamless EV charging all over Europe. Based on this collaboration, ubitricity, and Hubject – both experienced and mature companies being in the market since 2011 (ubitricity) and 2012 (Hubject) – are collaborating to open the 2nd largest charging network in the UK… Continue reading Hubject and ubitricity are joining forces to foster seamless EV charging all over Europe