NEW DELHI (Reuters) – Skoda is hoping government moves to drag regulations for cars sold in India up to developed market standards will help turn around its fortunes in a market where it has stalled. Skoda VISION IN car is on display after it was unvield at an event in New Delhi, India, February 3,… Continue reading VW’s Skoda targets Indian revival with tougher safety, emission rules
Tag: VW
Ferrari tempers 2020 expectations with cautious upgrade
MILAN (Reuters) – Demand for Ferrari’s (RACE.MI) Portofino and 812 Superfast models helped the Italian supercar maker hit profit targets for last year though it only a provided cautious upgrade to its outlook for 2020. FILE PHOTO: Ferrari Roma is unveiled during its first world presentation in Rome, Italy, November 14, 2019. REUTERS/Guglielmo Mangiapane/File Photo… Continue reading Ferrari tempers 2020 expectations with cautious upgrade
Zac Hollis: ‘By localising the Vision In to 95%, we will be able to make it competitive.’
Skoda Auto India, which is leading the Volkswagen Group’s ‘India 2.0’ growth strategy, unveiled the Vision IN SUV concept. The midsize SUV (over 4.2 metres), slated for market launch during Q2 of 2021, will have the responsibility to be the Czech brand’s volume driver while its German cousin on the same platform, Taigun will have… Continue reading Zac Hollis: ‘By localising the Vision In to 95%, we will be able to make it competitive.’
Volkswagen to invest Rs 8,000 crore in 2nd bet on India
NEW DELHI: Volkswagen (VW) group is taking a second bet on India as it pumps in a fresh one billion Euro (Rs 7,900 crore) to take a pie of the market, which is seen as one of the bright spots in the global automotive world, despite the current slump. VW will launch SUVs, sedans, electric… Continue reading Volkswagen to invest Rs 8,000 crore in 2nd bet on India
Auto industry: VW is investing hundreds of millions of euros in the construction of SUV models in Argentina
VW logo The car maker is investing in Latin America. (Photo: AFP) Berlin, Pacheco The Volkswagen Group invests in Argentina around 800 million dollars, equivalent to 720 million euros, among other things in the construction of a new SUV model for Latin America. VW plans to build the new urban off-road vehicle Tarek at the… Continue reading Auto industry: VW is investing hundreds of millions of euros in the construction of SUV models in Argentina
Taigun: Volkswagen’s new midsize SUV for India
Volkswagen has long considered a mass-market SUV for India. However, the projects didn’t prove feasible and as a result the German carmaker couldn’t cash in on the surging demand for SUVs in the Indian market. The Volkswagen Taigun SUV concept, shown in the run-up to Auto Expo 2020, is a statement that the carmaker is… Continue reading Taigun: Volkswagen’s new midsize SUV for India
Lack of R&D funding leaves Japan Inc. in digital age dust
TOKYO — Corporate Japan, once renowned for technological innovation, is not only lagging behind the U.S. in research and development spending but is becoming less eager to take risk and invest in untested fields. Amazon.com, Facebook, Apple, Microsoft and Google parent Alphabet alone are set to outspend all Japanese companies combined. Analyst projections compiled by QUICK-FactSet… Continue reading Lack of R&D funding leaves Japan Inc. in digital age dust
Volkswagen ID R targets F1 car lap record
Volkswagen has committed to a return to this year’s Goodwood Festival of Speed with the ID R hillclimb machine in a bid to improve its outright course record – and is also aiming to beat the Mercedes F1 team’s lap record at Sonoma Raceway in California. The 671bhp electric racer has set course records at Pikes Peak, the… Continue reading Volkswagen ID R targets F1 car lap record
Electric Volkswagen Golf eR1 concept makes debut as ice racer
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
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