Tag: VW

UPDATE 2-VW lowers 2019 sales outlook as demand cools

FILE PHOTO: Volkswagen cars are parked outside a VW dealership in London, Britain November 5, 2015.REUTERS/Suzanne Plunkett FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) lowered its full-year sales outlook on Wednesday, warning of slowing demand even as nine-month adjusted operating profit jumped 11.2% on increased demand for SUVs as well as Skoda and Porsche cars. The German… Continue reading UPDATE 2-VW lowers 2019 sales outlook as demand cools

VW lowers 2019 outlook for vehicle deliveries as demand cools

FILE PHOTO: Volkswagen cars are parked outside a VW dealership in London, Britain November 5, 2015.REUTERS/Suzanne Plunkett FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) lowered its full-year outlook for vehicle deliveries warning of slowing demand even as nine-month adjusted operating profit rose 11.2% thanks to sports utility vehicle sales and a jump in demand for Skoda and… Continue reading VW lowers 2019 outlook for vehicle deliveries as demand cools

Volkswagen introduces electric car in Sub-Saharan Africa for 1st time

KIGALI, Oct. 29 (Xinhua) — German automaker Volkswagen (VW) on Tuesday launched a pilot project of its electric car e-Golf in partnership with German technology giant Siemens in Kigali, capital city of Rwanda, which makes Rwanda the first country in Sub-Saharan Africa where VW introduces an electric car.
VW had in June 2018 launched a car assembling plant in Rwanda together with integrated mobility solutions including application-based car-sharing services. The Rwandan plant has an annual capacity of assembling up to 5,000 cars including Polo, Passat and Teramont, and can create up to 1,000 jobs per year.
The success of VW's pioneering mobility solutions business in Rwanda has shown that the central African country has the potential to leapfrog the internal combustion engines into electric cars, said Thomas Schaefer, Chairman and Managing Director of VW Group South Africa at an official launch of the project.
Rwanda becomes the first African country where Volkswagen is testing el..

Volkswagen To Unveil All-New ID. Concept On November 19

One more MEB-based Volkswagen concept model to debut next month. Next month, Volkswagen is going to unveil another all-electric concept from the ID. family at a private event on Tuesday, November 19, 2019. The debut of a new BEV concept is associated with the launch of the new exhibit, titled “Building an Electric Future,” at the… Continue reading Volkswagen To Unveil All-New ID. Concept On November 19

VW lineside logistics reduces Golf production time by an hour – Automotive Logistics

Volkswagen lineside workers have been instrumental in reducing the time it takes to assemble a Golf by one hour.  In the preparation stage for production of the best-selling model’s eighth generation, around 700 work steps were analysed at more than 400 workshops to draw on existing efficiency reserves, the company said. The result saw “numerous process… Continue reading VW lineside logistics reduces Golf production time by an hour – Automotive Logistics

GM’s Mary Barra asked about possible Corvette SUV: How she responded

CLOSE 2020 Chevrolet Corvette Stingray  (Photo: Mark Phelan) When driving a hot performance car, who needs to be low to the ground? Certainly not some Wall Street analysts. During General Motors’ third-quarter earnings call Tuesday, one analyst asked GM CEO Mary Barra: How about a Corvette SUV? Barra, unruffled, tactfully replied, “I appreciate that you think our Corvette franchise… Continue reading GM’s Mary Barra asked about possible Corvette SUV: How she responded

Decision by GM, FCA to side with Trump in mpg fight draws fire

Washington — Democrats in the U.S. House of Representatives railed against General Motors Co. and Fiat Chrysler Automobiles NV on Tuesday for siding with the Trump administration in a legal fight with California over gas mileage rules for the nation’s auto industry. And in testimony before a House panel Tuesday, former California Gov. Jerry Brown singled out GM,… Continue reading Decision by GM, FCA to side with Trump in mpg fight draws fire

Volkswagen brings electric cars to Rwanda for ride-hailing service

KIGALI (Reuters) – Volkswagen (VOWG_p.DE) is importing a batch of electric powered Golf models into Rwanda for a local ride-hailing service, establishing a bridgehead in the country that it hopes to expand to other nations as it seeks to increase market share globally. A Volkswagen e-Golf electric car is seen charging during its launch for… Continue reading Volkswagen brings electric cars to Rwanda for ride-hailing service