WeShare Expands in Europe

WeShare already started operations in Berlin with 1,500 e-Golf cars in 2019 and the company now has 50,000 registered customers in the city. Photo via John Morgan/Flickr.  WeShare, Volkswagen and Škoda’s free-floating carsharing service, is to expand into seven further cities in Germany and other European countries in 2020. Prague and Hamburg in the spring are… Continue reading WeShare Expands in Europe

Triton offers to buy Renk for 97.80 euros a share

(Reuters) – German car and truck maker Volkswagen (VOWG_p.DE) on Thursday said it had sold its transmissions making unit Renk (ZARG.F) to Triton for 97.80 euros a share, in a deal which gives Volkswagen proceeds of 530 million euros. Triton entered into an agreement with the majority shareholder of Renk AG, Volkswagen Vermögensverwaltungs-GmbH, to buy… Continue reading Triton offers to buy Renk for 97.80 euros a share

German truck maker Traton offers to buy remaining Navistar stake for $2.9 billion

FILE PHOTO: Visitors stand at the booth of Volkswagen’s truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo (Reuters) – German truck manufacturer Traton SE (8TRA.DE) said on Thursday it had made a $2.9 billion offer to buy the remaining shares in Navistar International Corp… Continue reading German truck maker Traton offers to buy remaining Navistar stake for $2.9 billion

CORRECTED-VW’s Traton offers to buy rival Navistar for $35 per share

(Changes headline to say Traton has “offered” to buy Navistar) FRANKFURT, Jan 30 (Reuters) – Volkswagen on Thursday said its truck division Traton SE has made a $35 per share takeover offer for United States rival Navistar International Corp. (Reporting by Edward Taylor Editing by Chris Reese) Our Standards:The Thomson Reuters Trust Principles. Go to… Continue reading CORRECTED-VW’s Traton offers to buy rival Navistar for $35 per share

@VW Group: Porsche Exclusive Manufaktur: around 90 finishing options for the Taycan

01/30/2020 The first all-electric sports car from Porsche can be painstakingly hand-finished with high-quality components and special equipment packages for the exterior and interior to achieve an even higher degree of personalisation. The highlights among the 90 exclusive options offered by the company’s own manufactory in Zuffenhausen include the Sport Design package in three variants… Continue reading @VW Group: Porsche Exclusive Manufaktur: around 90 finishing options for the Taycan

Dodge Expands Factory-custom Options With 2020 Durango SRT Black and Redline Stripe

Dodge//SRT is giving the 2020 Durango SRT, the fastest, most powerful and most capable American three-row SUV, an even more aggressive look with two new custom appearance options straight from the factory – the Durango SRT Black and the Redline stripe. “The numbers tell the story. As Dodge performance enthusiasts move through the Durango lineup… Continue reading Dodge Expands Factory-custom Options With 2020 Durango SRT Black and Redline Stripe

VW will reopen SAIC plants in Shanghai on Feb. 10

SHANGHAI, Jan 30 (Reuters) – China’s biggest foreign carmaker Volkswagen said on Thursday its joint venture with FAW Group will not resume output before Feb. 9 and plants in Shanghai it operates with SAIC Motor will reopen on Feb. 10. The plans come after an extended closure for the Lunar New Year holiday due to… Continue reading VW will reopen SAIC plants in Shanghai on Feb. 10

Increased supply to ‘cut delivery times’ of Hyundai Kona Electric

Hyundai Motor UK has claimed that it will significantly ramp-up the availability of its Kona Electric EV in order to cut delivery times. Last May AM exclusively reported on Hyundai Motor UK’s offer of a short-term lease giving access to an Ioniq hybrid hatchback in a bid to mitigate the effects on long lead times… Continue reading Increased supply to ‘cut delivery times’ of Hyundai Kona Electric

@VW Group: Charging with the Porsche Charging Service: convenient, fast and inexpensive

The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2020 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light… Continue reading @VW Group: Charging with the Porsche Charging Service: convenient, fast and inexpensive

Renault picks ex-VW unit head De Meo as CEO for fresh start

PARIS (Reuters) — Renault’s Tuesday named Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalising a long-awaited management shake-up. De Meo’s appointment fills one of the big gaps left at the French company… Continue reading Renault picks ex-VW unit head De Meo as CEO for fresh start