FRANKFURT (Reuters) – Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany,… Continue reading UPDATE 3-Daimler to axe at least 10,000 jobs in latest car industry cuts
Tag: VW
Audi To Cut Over 10% Of Its Staff By 2025: Focus On EVs
The German manufacturer intends to cut up to 9,500 jobs and save billions for investment in electrification and digitalization Audi announced yesterday that by 2025 it will reduce its workforce in Germany by up to 9,500, which is some 10.6% of total staff. That should translate into $6 billion ($6.6 billion) of savings by 2029,… Continue reading Audi To Cut Over 10% Of Its Staff By 2025: Focus On EVs
VW subsidiary: Audi invests 37 billion euros in future business
Audi The VW subsidiary from Ingolstadt is investing billions in development. (Photo: AP) Munich With investments worth billions Audi into the race with the electric car maker Tesla and the old rival BMW and Mercedes. In the next five years would be 37 billion for research, Development and capital investment planned, said the VolkswagenDaughter on… Continue reading VW subsidiary: Audi invests 37 billion euros in future business
BMW, Great Wall to build new China plant for electric cars
FILE PHOTO: A Mini car is fixed onto a wall at a BMW and Mini dealership in Barcelona, Spain June 2, 2017. REUTERS/Albert Gea/File Photo MUNICH (Reuters) – BMW (BMWG.DE) and its partner Great Wall Motor (601633.SS) said they plan to build a plant in China with a capacity of 160,000 cars per year, and… Continue reading BMW, Great Wall to build new China plant for electric cars
@VW Group: Production of new ŠKODA OCTAVIA begins at main plant in Mladá Boleslav
Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, stressed, “The start of production of the new OCTAVIA at our main plant in Mladá Boleslav marks the beginning of a new chapter in the impressive success story of our brand’s icon. We have invested into renovating our production lines, enabling us to manufacture the… Continue reading @VW Group: Production of new ŠKODA OCTAVIA begins at main plant in Mladá Boleslav
@VW Group: Southern (Dis)comfort
For many of us the road trip exists only in the imagination; a desk-jockey’s daydream, pencilled wistfully onto the retirement bucket list. So it takes the likes of Anthony Coyne, Porsche lover and inveterate mile-muncher, to fulfil our fantasies for us. 47-year-old Anthony is a British business owner and long-time Porsche fanatic whose passion for… Continue reading @VW Group: Southern (Dis)comfort
@VW Group: Better efficiency and longer range: technical update for the Audi e-tron
Just in time for the premiere of the e-tron Sportback**, Audi is introducing a standard technical update for its first electric product line. This combines optimized drive system hardware with software adjustments to improve efficiency. As a result, all versions of the e-tron SUV will come off the assembly line with an extra 25 kilometers… Continue reading @VW Group: Better efficiency and longer range: technical update for the Audi e-tron
‘The car industry is more mad and unpredictable than ever before’
Do you ever get the feeling that the car industry might be, well, having a bit of a laugh? A week ago, these pages featured a new Ford Mustang that is an electric SUV, plus the latest Aston Martin – a crossover capable of wading through half a metre of water. And now, in this… Continue reading ‘The car industry is more mad and unpredictable than ever before’
Autocar confidential: Volkswagen’s cut-price EV, JLR’s Twitter sports car and more – Autocar
In this week’s round-up of automotive gossip, we scrimp with Volkswagen’s budget EV, chat sports cars with Mercedes, hear from Mazda on motorshows and more. VW’s V Affordable EV Volkswagen’s budget electric vehicle is on track for a 2023 launch and will cost under £18,000, VW CEO Herbert Diess has confirmed. “We have to do it and… Continue reading Autocar confidential: Volkswagen’s cut-price EV, JLR’s Twitter sports car and more – Autocar
@VW Group: Volkswagen delivers 100,000th e-Golf
Volkswagen yesterday delivered the 100,000th e-Golf in the Gläserne Manufaktur Dresden. The model was launched in 2014 as the Volkswagen brand’s second battery electric vehicle (BEV) after the e-up! (2013). The e-Golf is one of the most successful electric vehicles in Europe and is also popular with customers in other countries – including the USA.… Continue reading @VW Group: Volkswagen delivers 100,000th e-Golf