Despite all the hype about high levels of vehicle autonomy, drivers always need to keep their hands on the wheel. Audi had planned to be the first automaker to introduce so-called Level 3 autonomy, where you could take your eyes off the road and let the car drive. But the combination of legislative uncertainty and… Continue reading Audi gives up plan for hands-off autonomy for next A8
Tag: VW
Honda, PSA to gradually restart car plants in coming weeks
Tara Patel and Siddharth Philip, Bloomberg Published 11:38 a.m. ET May 4, 2020 | Updated 11:42 a.m. ET May 4, 2020 PSA Group and Honda Motor Co. will gradually restart manufacturing sites in the coming weeks as European countries begin to lift lockdown restrictions and reopen vehicle showrooms. The first wave of resumptions at PSA’s… Continue reading Honda, PSA to gradually restart car plants in coming weeks
@VW Group: Jörn Hasenfuß to head Osnabrück plant
Jörn Hasenfuß, hitherto member of the Board of Management responsible for Procurement at Volkswagen Commercial Vehicles, has been appointed Speaker of the Management Board and Managing Director of the Technical Division of Volkswagen Osnabrück GmbH effective May 1, 2020. In his role as Osnabrück plant manager, he succeeds Jörg Müller, who led Volkswagen Osnabrück GmbH… Continue reading @VW Group: Jörn Hasenfuß to head Osnabrück plant
@VW Group: ŠKODA AUTO’s first-quarter results impacted by Covid-19 pandemic
ŠKODA AUTO CEO Bernhard Maier says: “ŠKODA AUTO has achieved record results in recent years and still has sufficient liquidity. This is of great benefit to us in this extremely difficult situation. At present, nobody can accurately estimate how the covid-19 pandemic will affect global car sales in the coming months. One thing is clear:… Continue reading @VW Group: ŠKODA AUTO’s first-quarter results impacted by Covid-19 pandemic
Opel loses a number of lawsuits against dismissal protection
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“He feels emotionally betrayed by Volkswagen”
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Ford postpones autonomous vehicle service until 2022
Ford said Tuesday it will delay until 2022 plans to launch an autonomous vehicle service, as the COVID-19 pandemic has prompted the company to rethink its go-to-market strategy. The news was shared as part of Ford’s quarterly earnings, which was released after the market closed Tuesday. Ford reported a $2 billion loss in the first… Continue reading Ford postpones autonomous vehicle service until 2022
VW’s Skoda braces for second-quarter hit after earnings drop
FILE PHOTO: Workers enter Skoda Auto’s factory as the company restarts production after shutting down last month due to the coronavirus disease (COVID-19) outbreak in Mlada Boleslav, Czech Republic, April 27, 2020. REUTERS/David W Cerny PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen Group (VOWG_p.DE), reported a 25% drop in first-quarter operating… Continue reading VW’s Skoda braces for second-quarter hit after earnings drop
VW’s Skoda operating profit drops 25% in first-quarter, expects biggest hit in first-quarter
FILE PHOTO: Workers enter Skoda Auto’s factory as the company restarts production after shutting down last month due to the coronavirus disease (COVID-19) outbreak in Mlada Boleslav, Czech Republic, April 27, 2020. REUTERS/David W Cerny PRAGUE (Reuters) – Operating profit at Czech carmaker Skoda Auto, part of the Volkswagen Group (VOWG_p.DE), fell 25% in the… Continue reading VW’s Skoda operating profit drops 25% in first-quarter, expects biggest hit in first-quarter
German car sector morale plunges ahead of crunch Merkel meeting
BERLIN (Reuters) – The business climate in Germany’s auto sector suffered its biggest slump in April and hit its lowest level since 1991, when the Ifo economic institute began collecting data post-reunification, a survey showed on Monday. FILE PHOTO: A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe’s largest… Continue reading German car sector morale plunges ahead of crunch Merkel meeting