Volkswagen will showcase a fully electric four-wheel-drive e-performance Golf R concept car, showcasing the technology that will underpin future electric cars from the R performance brand, at the GP Ice Race event in Austria this weekend. The machine will be one of a number of motorsport-based machines Volkswagen is running in the showcase event, which takes… Continue reading Electric Volkswagen Golf eR1 concept makes debut as ice racer
Tag: VW
Aston Martin delays electric car plans after raising emergency funds – The Verge
Aston Martin has officially delayed all plans for electric vehicles after taking on a desperately-needed new investment from Formula One billionaire Lawrence Stroll. The company says it has indefinitely suspended its first electric car, the Rapide E, after refusing to confirm rumors about the project earlier this month. And it has pushed the launch of… Continue reading Aston Martin delays electric car plans after raising emergency funds – The Verge
BMW delays next generation Mini due to Brexit uncertainty, costs: Official
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Skoda Auto sets up software centres to support India 2.0 project
MUMBAI: European auto major Skoda Auto on Friday announced setting up of dedicated software development centres in Pune and Gurugram besides a DigiLab at Pune to support Skoda Auto Volkswagen’s ‘India 2.0’ project. The DigiLab at Pune is the fourth one in the world by the company after Prague (Czech), Bejing and Tel Aviv, a… Continue reading Skoda Auto sets up software centres to support India 2.0 project
BMW delays next generation Mini due to Brexit uncertainty, costs
* BMW extends lifespan of its Mini platform
* Brexit uncertainty hampers ability of BMW to invest in Britain
* Mini is also produced in the Netherlands (Adds detail)
FRANKFURT, Jan 31 (Reuters) – BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain's trade relations with the European Union make long-term investment decisions harder.
The German carmaker has developed three generations of the Mini since buying the marque from Rover Group in 1994, keeping each vehicle in the market for about six years.
The current Mini hatch model, which has been on the market since 2014, is built on the company's technological platform called UKL1.
“The lifespan of this platform has been extended,” BMW spokesman Maximilian Schoeberl told Reuters. “For cost reasons and because of Brexit.”
Pressure has risen on carmakers to free up resources so they can shoulder hefty investments to build next generation low emission electric, hybrid..
@VW Group: Wolfsburg plant is investing heavily in digital solutions
The Volkswagen Passenger Cars brand is further bolstering the future viability and competitiveness of its main plant in Wolfsburg in the current business year. “We already accomplished a great deal in 2019. To become even more efficient, we want to invest in the digitalisation of our processes and Industry 4.0 measures with a euro sum… Continue reading @VW Group: Wolfsburg plant is investing heavily in digital solutions
@VW Group: Volkswagen to sell RENK shares to Triton
The Board of Management and Supervisory Board of Volkswagen AG have approved the sale of the 76 percent stake or approximately 5.3 million shares in the listed company RENK AG to Triton for a purchase price of 97.80 EUR per share which is subject to adjustments in relation to dividend. The planned disposal results in… Continue reading @VW Group: Volkswagen to sell RENK shares to Triton
@VW Group: TRATON Proposes To Acquire All Outstanding Common Shares Of Navistar For USD 35 Per Share
TRATON SE (“TRATON”), one of the world’s largest commercial vehicle manufacturers, today offered to acquire all of the outstanding shares of common stock of Navistar International Corporation (“Navistar”) (NYSE: NAV) not already owned by TRATON at a price of USD 35 per share in cash. This represents a 45% premium over Navistar’s closing share price… Continue reading @VW Group: TRATON Proposes To Acquire All Outstanding Common Shares Of Navistar For USD 35 Per Share
@VW Group: Newly established ŠKODA AUTO DigiLab India and Software Development Centre support ŠKODA-led INDIA 2.0 project
ŠKODA AUTO CEO, Bernhard Maier, explains, “With ŠKODA AUTO DigiLab India, we are consistently expanding our global network. India is among the innovation drivers when it comes to digitalisation. The average age of the population will be just 29 years in 2025. The majority of our customers in India have grown up with smartphones and… Continue reading @VW Group: Newly established ŠKODA AUTO DigiLab India and Software Development Centre support ŠKODA-led INDIA 2.0 project
@VW Group: Clever idea, clever implementation: Audi implemented thousands of employee ideas in 2019
On average, one in three Audi employees took part in the Audi Ideas Program in 2019 and submitted a suggestion for improvement. Of the roughly 22,500 ideas that were submitted in total, the company implemented more than 12,500 suggestions. This allowed Audi to save EUR 101.3 million at the Ingolstadt and Neckarsulm sites in 2019… Continue reading @VW Group: Clever idea, clever implementation: Audi implemented thousands of employee ideas in 2019