Nuance spins off automotive segment into new publicly traded company

November has been a month of consolidation for voice recognition software maker Nuance. After selling its document imaging business for $400 million last week, Nuance just announced that it plans to spin off its automotive division into a separate, publicly traded company called Nuance Auto. Nuance said the move will help the company become more… Continue reading Nuance spins off automotive segment into new publicly traded company

VW has no fun trademarking I.D. name series

VW ID family
Volkswagen has generated a lot of buzz with the names for its upcoming series of electric cars: I.D., I.D. Crozz, I.D. Lounge, I.D. Vizzion, and I.D. Buzz, for its recreation of the iconic Microbus.

Keep in mind that these are all the names of the concept vehicles, not necessarily the production vehicles. But now a report in VW Vortex last week confirms that VW has trademarked names for the electric cars with the Intellectual Property Office of the European Union.

DON’T MISS: Base price of VW's electric cars could be as low as $21,000

The names VW trademarked are I.D. 1, I.D. 2, I.D. 3, I.D. 4, etc. all the way through I.D. 9.

The move suggests a couple of things about VW’s strategy:

First, it might, if they want to use the full swath of badges, have nine more-or-less affordable electric cars on the market in Europe based on its new MEB electric-car architecture.

READ THIS: Volkswagen details the foundation for 10 million electric vehicles

These will likely include the basic Golf-size I.D. hatchback (not necessarily the I.D. 1), the $21,000 entry-level model that VW announced earlier this month, and production cars based on the concepts known as the I.D. Crozz crossover, the large I.D. Lounge sedan, and the long-awaited I.D. Buzz.

That leaves four more models we don’t know about.

European car-buyers have long preferred—or at least been more accepting of numbers for car names than Americans. The numbers usually denote a hierarchy in capability, power, or size.

CHECK OUT: VW plans 27 electric cars by 2022 on new platform

Americans have expressed an interest in actual names for cars, which is becoming difficult as automakers have trademarked more and more pronounceable, comprehensible, and relevant words—even misspelled—for cars. As a kind of compromise, automakers have turned to letter combinations, such as Acuras with its lineup of ILX, TSX, TL, RLX, RDX, MDX, and NSX. Over X-ed yet?

Since VW only trademarked the I.D. 1 through 9 names in Europe, perhaps the cars could retain their concept names when they make it to America.

30 years of partnership in China: Audi and FAW start a model initiative

Audi and First Automotive Works (FAW) are celebrating the 30th anniversary of their partnership this Monday. The approximately 650 guests at the anniversary event at the FAW plant in Changchun include representatives of the province of Jilin, of partner FAW, and of the FAW-Volkswagen joint venture, as well as members of the boards of management… Continue reading 30 years of partnership in China: Audi and FAW start a model initiative

Volkswagen Brand reaches milestone of 30 million deliveries in China

Volkswagen Brand sets record in China, with 30 millionth delivery this November – a Touareg Stephan Wöllenstein: “This is a unique occasion, and a unique vote of confidence from all our Chinese customers over the years.” Volkswagen’s product offensive to continue with introduction of 5 new models in 2019 alone; NEV offering to double Volkswagen… Continue reading Volkswagen Brand reaches milestone of 30 million deliveries in China

Lotus Cars dealer acquires Proteus Sports & Racing Cars

Lotus Cars franchisee Hoffmann’s of Henley has acquired Jaguar C-Type sports car builder Proteus Sports & Racing Cars. The retailer, based on Newton Road, Henley-on-Thames is well-known for operating a classic car maintenance, restoration and sales business alongside its Lotus Cars new car showroom but has now added the small-scale manufacturing business to its portfolio.… Continue reading Lotus Cars dealer acquires Proteus Sports & Racing Cars

WLTP changeover slows deliveries by Volkswagen Group in October, as expected

As a result of the changeover to the new WLTP test procedure, the Volkswagen Group delivered fewer vehicles in October than in theprior-year month. All in all, 846,300 vehicles were handed over to customers throughout the world, a fall of 10.0 percent. In the month under review, the fall in deliveries in Europe, at 15.6%… Continue reading WLTP changeover slows deliveries by Volkswagen Group in October, as expected

VW-backed ride-hailing app Gett seeks buyers to compete with bigger rivals

November 19, 2018 Gett Inc., the ride-hailing app valued at more than $1 billion and backed by Volkswagen AG, is looking for buyers in a bid to compete with larger rivals, people familiar with the matter said. The Israeli tech company has approached potential bidders including other car-hire firms, the people said, asking not to… Continue reading VW-backed ride-hailing app Gett seeks buyers to compete with bigger rivals

Lamborghini SC18: the first ‘one-off’ created by Squadra Corse

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A unique car developed by Lamborghini Squadra Corse in conjunction with the customer Aerodynamics derived from experience in Lamborghini Super Trofeo and GT3 racing Track-oriented use and exclusive racing contents Sant’Agata Bolognese/Rome, 16 November 2018 – Lamborghini Squadra Corse unveils the SC18, the first one-off in the history of the Sant’ Agata Bolognese motorsport division. The unique example, designed in synergy with the customer and Centro Stile Lamborghini, is road approved but designed primarily for use on the track. The SC18 paves the way to further personalized development projects for motorsport customers under the Squadra Corse brand. The car features extreme aerodynamics, developed specifically for this model and derived from Squadra Corse’s experience in competition. The racing elements start from the front hood, with air intakes in the style of the Huracán GT3 EVO; the sides and rear feature fenders, fins and airscoops are inspired by the Huracán Super Trofeo EVO. The aerodynamic system is completed by a large carbon fiber wing with three mechanical adjustments, able to generate the optimal downforce on any circuit. In addition, the twelve air intakes formed on the rear hood – a solution already tested successfully in endurance races – increase heat exchange and improve the cooling of the V12 engine. The powertrain is top-of-the-line Lamborghini, delivering the performance of a true racing car: the aspirated 6498 cm3 V12 delivers 770 hp at 8,500 rpm and a torque of 720 Nm at 6,750 rpm, all handled via the ISR (Independent Shifting Rod) optimized seven-speed gearbox. The huge power is combined with reduced weight thanks to the use of ultralight materials and the new carbon fiber body, with ground clearance of just 109 mm. The rear is characterized by the specific exhausts and terminals with a unique design and sound. The exclusiveness of the SC18 is underlined by the color of the carbon fiber body in the Grigio Daytona (grey), with visible details and red screen-printing to enhance its sportiness. The cockpit features interiors in Nero Ade (black) Alcantara with cross-stitching in Rosso Alala (red), and carbon fiber bucket seats. The look is completed by the single nut wheels, 20” on the front and 21” on the rear, with specially developed Pirelli P Zero Corsa tires and a telemetry system to measure all aspects of performance on the track.

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VW wants to be the most profitable electric car company in the world

Justin Sullivan | Getty Images
The Volkswagen logo is displayed at Serramonte Volkswagen on November 18, 2016 in Colma, California.

Volkswagen announced it's to spend 44 billion euros ($50 billion) on new plants, electric cars, autonomous driving and mobility services.

The war chest is to be spent in the four years between 2019 and 2023 and represents about a third of the company's total outlay allocated to the four-year period.

“One aim of the Volkswagen Group's strategy is to speed up the pace of innovation. We are focusing our investments on the future fields of mobility and systematically implementing our strategy,” Herbert Diess, the CEO of Volkswagen, said in a press release, issued after a Supervisory Board meeting Friday.

VW CEO: We will be most profitable electric car firm
12 Mins Ago | 02:22

Diess told CNBC's Annette Weisbach that he expects the German carmaker to be the most profitable maker of electric cars thanks to its economies of scale. The auto group said it wanted to improve productivity by focusing its electrification strategy within Germany, while pushing some traditional engines to multi-brand factories in eastern Europe.

German plants in Emden and Hanover will be converted to build electric vehicles, while the Volkswagen Passat family will now be built in the Czech Republic. A new location in Eastern Europe will be built for some Skoda and SEAT cars.

VW Group added that it wanted its automotive division to lower its capital expenditure ratio to 6 percent of revenues from 2020 onward.

VW CEO: Politicians are beating auto firms up
11 Mins Ago | 02:06

Diess said VW's previous “bad behavior” meant that his firm had been “beaten up” by politicians in Germany and abroad but he hoped that relations were improving.

Supervisory Board of Volkswagen AG re-assigns responsibility for China Board of Management Division

The Supervisory Board of Volkswagen Aktiengesellschaft has assigned responsibility for the China Board of Management Division to Dr. Herbert Diess, the Chairman of the Board of Management, in addition to his other duties. At the same time, the Volkswagen Group is reordering its management structure for the China region. The reordering and direct assignment of… Continue reading Supervisory Board of Volkswagen AG re-assigns responsibility for China Board of Management Division