The Volkswagen Group brought fiscal year 2019 to a successful conclusion with improved financial results in almost all brands. Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said, “2019 was a very successful year for the Volkswagen Group. We have laid vital groundwork for all relevant changes. 2020 is a very… Continue reading @VW Group: Volkswagen Group and its brands bring 2019 to successful conclusion
Tag: VW
Jury Finds Los Angeles Businessman Guilty in $1 Billion Biodiesel Tax Fraud Scheme
Four Members of Kingston Family, including the CEO and CFO of Washakie Renewable Energy, Previously Pleaded Guilty A federal jury in Salt Lake City, Utah, convicted California businessman Lev Aslan Dermen, also known as Levon Termendzhyan, of criminal charges today relating to a $1 billion renewable fuel tax credit fraud scheme, announced Principal Deputy Assistant… Continue reading Jury Finds Los Angeles Businessman Guilty in $1 Billion Biodiesel Tax Fraud Scheme
Lucid Motors To Open 8 Showrooms By End Of 2020 – Forbes
Chief Technology Officer Peter Rawlinson, takes part in a press event for the new “air” electric car … [+] by Lucid Motors Inc. on Wednesday, Dec. 14, 2016, in Fremont, Calif. (Aric Crabb/Bay Area News Group) (Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Lucid Motors rolled out a… Continue reading Lucid Motors To Open 8 Showrooms By End Of 2020 – Forbes
Vertu Motors opens new £5m Mercedes-Benz dealership in Reading
Vertu Motors has completed a £5m Mercedes-Benz dealership in Reading, as part of a major refurbishment project. The new dealership’s showroom and workshop have been being extended. The showroom size has been increased to 14 cars and the service reception designed and refurbished to the latest Mercedes-Benz corporate standards. Mark Gibbings, market area director, Vertu… Continue reading Vertu Motors opens new £5m Mercedes-Benz dealership in Reading
Chinese carmakers snap up talent from Germany’s fading Opel
RAUNHEIM, Germany — Chinese carmakers still have little to show for more than a decade’s worth of efforts to crack Western auto markets. Now Geely and Chery, two of China’s most prominent car groups, are taking a new tack as they seek to offset their slumping home market. Each has set up a key European… Continue reading Chinese carmakers snap up talent from Germany’s fading Opel
Changan: Level 3 vehicle in series
The Chinese manufacturer Changan will roll off China’s first serial Level 3 vehicle. The manufacturer’s semi-autonomous vehicle Changan has recently been presented. It is a sedan that has level 3 automation. This means that you can take care of other things for a short time while driving on the highway. Already wanted in 2018 Audi… Continue reading Changan: Level 3 vehicle in series
Skoda, Hyundai’s Czech plant unions call for production halt: CTK
FILE PHOTO: The sign of a Skoda car is seen during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny PRAGUE (Reuters) – Unions at the Czech car factories of Volkswagen’s (VOWG_p.DE) Skoda Auto and Hyundai Motor Co. (005380.KS) have called for a 14-day quarantine for employees, which would halt production… Continue reading Skoda, Hyundai’s Czech plant unions call for production halt: CTK
Auto industry: Fiat Chrysler shuts down plants in Europe – Even VW under pressure
Fiat Chrysler plant in Mirafiori In Italy, most of the automaker’s production facilities have long been closed. (Photo: Reuters) Milan / Hamburg Fiat Chrysler Shuts down production in most European plants for two weeks due to the corona virus epidemic. The Italian-American company announced on Monday that the Italian factories in Melfi, Pomigliano, Cassino, Mirafiori,… Continue reading Auto industry: Fiat Chrysler shuts down plants in Europe – Even VW under pressure
German industry pays cash for dependence on China
A prisoner of the Middle Kingdom: the automobile, the leading German industry, now depends more on the decisions taken in Beijing than in Berlin. Production, supplies and outlets are suspended to control the epidemic and the reopening of factories in China. China is first of all Germany’s leading supplier, with 109.7 billion euros in exports… Continue reading German industry pays cash for dependence on China
Volkswagen says preparing to suspend production at Bratislava plant
FILE PHOTO: Employees work on Porsche vehicles at a production line of Volkswagen plant in Bratislava, Slovakia, July 4, 2019. REUTERS/Radovan Stoklasa BRATISLAVA (Reuters) – Volkswagen (VOWG_p.DE) is preparing to suspend operations at its manufacturing plant in Bratislava, the company said on Sunday, after Slovakia declared a state of emergency due to the coronavirus outbreak.… Continue reading Volkswagen says preparing to suspend production at Bratislava plant