VW – Page 3389 – I wish I had more to offer

Volkswagen expects an SUV share of 50% by 2025

The Touareg is at the top end of Volkswagen‘s SUV range, while the T-Roc is currently the brand‘s smallest SUV. In this respect, it will be succeeded by the new T-Cross, which will make its world debut this Thursday. Volkswagen anticipates especially strong SUV growth in North and South America, as well as in China… Continue reading Volkswagen expects an SUV share of 50% by 2025

German court orders top VW investor to pay damages for disclosure violations

FRANKFURT (Reuters) – A German court on Wednesday ordered Porsche Automobil Holding SE (PSHG_p.DE) to pay shareholders 47.2 million euros ($53.8 million) in compensation for violating disclosure rules over an emissions scandal at its main investment Volkswagen (VOWG_p.DE). FILE PHOTO – People are silhouetted at the Porsche annual meeting in Stuttgard, Germany, May 13, 2015.… Continue reading German court orders top VW investor to pay damages for disclosure violations

The collar burst

‘,e.appendChild(e.resizeSensor),e.resizeSensor.offsetParent!==e&&(e.style.position=”relative”);var r,s,d,a,l=e.resizeSensor.childNodes[0],c=l.childNodes[0],u=e.resizeSensor.childNodes[1],h=e.offsetWidth,f=e.offsetHeight,m=function(){c.style.width=”100000px”,c.style.height=”100000px”,l.scrollLeft=1e5,l.scrollTop=1e5,u.scrollLeft=1e5,u.scrollTop=1e5};m();var p=function(){s=0,r&&(h=d,f=a,e.resizedAttached&&e.resizedAttached.call())},v=function(){d=e.offsetWidth,a=e.offsetHeight,(r=d!=h||a!=f)&&!s&&(s=t(p)),m()},y=function(e,t,n){e.attachEvent?e.attachEvent(“on”+t,n):e.addEventListener(t,n)};y(l,”scroll”,v),y(u,”scroll”,v)}}(e,o)}),this.detach=function(e){n.detach(i,e)}};return n.detach=function(t,n){e(t,function(e){e&&(e.resizedAttached&&”function”==typeof n&&(e.resizedAttached.remove(n),e.resizedAttached.length())||e.resizeSensor&&(e.contains(e.resizeSensor)&&e.removeChild(e.resizeSensor),delete e.resizeSensor,delete e.resizedAttached))})},n}),function(e,t){“function”==typeof define&&define.amd?define([“./ResizeSensor.js”],t):”object”==typeof exports?module.exports=t(require(“./ResizeSensor.js”)):(e.ElementQueries=t(e.ResizeSensor),e.ElementQueries.listen())}(“undefined”!=typeof window?window:this,function(e){var t=function(){function n(e){e||(e=document.documentElement);var t=window.getComputedStyle(e,null).fontSize;return parseFloat(t)||16}function i(e,t){var i=t.split(/d/),o=i[i.length-1];switch(t=parseFloat(t),o){case”px”:return t;case”em”:return t*n(e);case”rem”:return t*n();case”vw”:return t*document.documentElement.clientWidth/100;case”vh”:return t*document.documentElement.clientHeight/100;case”vmin”:case”vmax”:var r=document.documentElement.clientWidth/100,s=document.documentElement.clientHeight/100;return t*(0,Math[“vmin”===o?”min”:”max”])(r,s);default:return t}}function o(t,n){t.elementQueriesSetupInformation?t.elementQueriesSetupInformation.addOption(n):(t.elementQueriesSetupInformation=new function(e){this.element=e,this.options={};var t,n,o,r,s,d,a,l=0,c=0;this.addOption=function(e){var t=[e.mode,e.property,e.value].join(“,”);this.options[t]=e};var u=[“min-width”,”min-height”,”max-width”,”max-height”];this.call=function(){for(t in l=this.element.offsetWidth,c=this.element.offsetHeight,s={},this.options)this.options.hasOwnProperty(t)&&(n=this.options[t],o=i(this.element,n.value),r=”width”==n.property?l:c,a=n.mode+”-“+n.property,d=””,”min”!=n.mode||o>r||(d+=n.value),”max”!=n.mode||r>o||(d+=n.value),s[a]||(s[a]=””),d&&-1===(” “+s[a]+” “).indexOf(” “+d+” “)&&(s[a]+=” “+d));for(var e in u)u.hasOwnProperty(e)&&(s[u[e]]?this.element.setAttribute(u[e],s[u[e]].substr(1)):this.element.removeAttribute(u[e]))}}(t),t.elementQueriesSetupInformation.addOption(n),t.elementQueriesSensor=new e(t,function(){t.elementQueriesSetupInformation.call()})),t.elementQueriesSetupInformation.call(),l&&c.indexOf(t)o[e].minWidth&&(n=e);if(n||(n=s),d!=n)if(a[n])i[d].style.display=”none”,i[n].style.display=”block”,d=n;else{var l=new Image;l.onload=function(){i[n].src=r[n],i[d].style.display=”none”,i[n].style.display=”block”,a[n]=!0,d=n},l.src=r[n]}else i[n].src=r[n]}var i=[],o=[],r=[],s=0,d=-1,a=[];for(var u in t.children)if(t.children.hasOwnProperty(u)&&t.children[u].tagName&&”img”===t.children[u].tagName.toLowerCase()){i.push(t.children[u]);var h=t.children[u].getAttribute(“min-width”)||t.children[u].getAttribute(“data-min-width”),f=t.children[u].getAttribute(“data-src”)||t.children[u].getAttribute(“url”);r.push(f);var m={minWidth:h};o.push(m),h?t.children[u].style.display=”none”:(s=i.length-1,t.children[u].style.display=”block”)}d=s,t.resizeSensor=new e(t,n),n(),l&&c.push(t)}function d(e){var t,n,i,o,r,s;for(e=e.replace(/’/g,’”‘);null!==(t=h.exec(e));)for(n=t[1]+t[3],attrs=t[2];null!==(attrMatch=f.exec(attrs));)i=n,o=attrMatch[1],r=attrMatch[2],s=attrMatch[3],void 0===u[o]&&(u[o]={}),void 0===u[o][r]&&(u[o][r]={}),void 0===u[o][r][s]?u[o][r][s]=i:u[o][r][s]+=”,”+i}function… Continue reading The collar burst

Beauty is transient

Renault will double the staff and aluminum production in Valladolid

Spain has been reinforced this week its role as a world power as a producer of vehicles. In recent days the Vigo and Figueruelas factories have been awarded the production of five new models, including the popular Opel Corsa and its new electric version, which will be built in the Aragonese factory from 2020. Both… Continue reading Renault will double the staff and aluminum production in Valladolid

A special form of luck

Audi to pay $927 million fine over diesel scandal in Germany

2013 Audi TDI range
Audi agreed on Tuesday to pay a $928 million fine to put the diesel emissions-cheating scandal behind it in its home country, Germany.

The 800 million Euro fine to German authorities, consists of $923 million (795 million Euros) in profits the company made selling diesels that didn't comply with emissions standards plus the maximum fine of $5.8 million (5 million Euros), according to a Bloomberg report.

German authorities have been closing in on Audi in their investigation, arresting key executives, and releasing emails that allegedly show collusion between Audi and its competitors as well as Bosch, a supplier to all the German automakers.

READ THIS: Audi CEO arrested in Germany over diesel scandal

Much of the software that Volkswagen used to cheat emissions tests was reportedly developed at Audi, its upscale subsidiary.

The German fine comes on top of a $1 billion fine that parent-company Volkswagen agreed to pay in June.

In the U.S., where Volkswagen sold many times the number of diesels that Audi did, VW paid $25 billion to settle the diesel emissions cheating scandal.

CHECK OUT: German authorities uncover emissions-cheating collusion among diesel automakers

As part of the settlement, Audi admitted that it did not follow regulatory requirements.

The settlement has no effect on civil suits against the automaker over its diesel models or on criminal cases against its executives.

Audi executives warned investors that the fine will have a significant effect on its earnings this year.

Volkswagen MEB platform architecture

The fines come just as the Volkswagen Group is investing $40 billion in developing electric cars to replace the efficient-but-dirty diesels.

The company plans to introduce a range of 27 new electric cars by 2022, including a small hatchback, the ID, crossover SUV (ID Crozz), and an update to the classic Microbus (the ID Buzz,) Along with its subsidiaries, the company is developing at least three dedicated platforms for electric cars and investing in new solid-state battery technology.

Audi plans to introduce its first all-electric car, the e-tron SUV, in the U.S. next spring.

Tag: VW