Tag: VW

Volkswagen ID.3 Production To Start In A Few Days On November 4

It’s hard to believe that the production launch is just a few days away now. Volkswagen to officially start production of its first ID. model, the Volkswagen ID.3, on November 4 at Zwickau plant in Germany. It will be a big day for Volkswagen, which has been converting the plant to accommodate EVs based on… Continue reading Volkswagen ID.3 Production To Start In A Few Days On November 4

Private equity firms short-listed in auction for Volkswagen’s Renk – sources

FRANKFURT, Oct 30 (Reuters) – Volkswagen is likely to sell its transmissions making unit Renk to a private equity firm after judging industry offers unattractive, people close to the matter said. Buyout funds Carlyle, KKR and Triton have progressed to the second round of bidding, the people said, adding defence firm Rheinmetall and engineering group… Continue reading Private equity firms short-listed in auction for Volkswagen’s Renk – sources

Car giants plot US-European mega-merger

PSA Group, the French owner of Peugeot, is exploring a merger with its US-Italian rival Fiat Chrysler, it has confirmed. A deal between the two carmakers would create a business with a combined market value of nearly $50bn (£39.9bn). This is Fiat Chrysler’s second attempt at a merger this year after it pulled out of… Continue reading Car giants plot US-European mega-merger

Volkswagen’s driverless car ‘startup’ aims to take on Silicon Valley

Autonomous electric cars: Is society ready? Are you ready? ZDNet’s Jason Cipriani and Jason Perlow sit down with Karen Roby to hash out how driverless vehicles will change how we live and the way we think about transportation. Read more: https://zd.net/2JbeGcf Waymo, Tesla or Zoox are the names that usually pop up when looking at… Continue reading Volkswagen’s driverless car ‘startup’ aims to take on Silicon Valley

360° Wolfsburg – October 2019

The specified fuel consumption and emission data have been determined according to the measurement procedures prescribed by law. Since 1st September 2017, certain new vehicles are already being type-approved according to the Worldwide Harmonized Light Vehicles Test Procedure (WLTP), a more realistic test procedure for measuring fuel consumption and CO2 emissions. Starting on September 1st… Continue reading 360° Wolfsburg – October 2019

ŠKODA AUTO DigiLab Israel Ltd showcases new services and collaborates with more start-ups

At the Smart Mobility Summit, ŠKODA AUTO CEO Bernhard Maier emphasised, “The finishing-line photo that we have defined as part of our 2025 Strategy shows ŠKODA as the ‘Simply Clever company for the best mobility solutions’. We are pressing ahead with the digital transformation across the entire business and are now also bringing the first projects… Continue reading ŠKODA AUTO DigiLab Israel Ltd showcases new services and collaborates with more start-ups

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