Kia started partial production at its plant in Zilina, Slovakia, on Monday after a two-week stop due to the coronavirus crisis. The factory will operate on a limited basis initially with only two of the normal three shifts operating, Kia Europe told Automotive News Europe in an emailed statement. The Zilina plant is Kia’s only… Continue reading Kia resumes partial output at Slovakia plant – Automotive News Europe
Tag: VW
@VW Group: SEAT starts the production of emergency ventilators at its Martorell facilities
SEAT starts the production of emergency ventilators at its Martorell facilities to contribute to the crisis caused by COVID-19. The device has been authorized by the Spanish Agency of Medicine for clinic investigation and the daily production volume will be constantly adjusted with the authorities according to demand to avoid unnecessary stocks. The company will… Continue reading @VW Group: SEAT starts the production of emergency ventilators at its Martorell facilities
@VW Group: From making cars to ventilators
The SEAT Leon line at the Martorell plant is almost unrecognisable. Today, cars are no longer being made; instead, automated ventilators are being produced to collaborate with the healthcare system in the midst of the COVID-19 crisis. Going from producing cars to ventilators in record time is the result of the intense work of many… Continue reading @VW Group: From making cars to ventilators
Under the skin: The world’s most power-dense EV motor
It’s no secret that less is more when it comes to engineering cars, especially where weight is concerned. But this concept also plays an important part in getting rid of lingering unwanted heat in powerplants. The new Ampere motor-generator from British firm Equipmake is a small and light package that makes very high power. Its… Continue reading Under the skin: The world’s most power-dense EV motor
Press Releases – UK trade deal: EU auto makers call for far-reaching agreement
Brussels, 6 April 2020 – The scale and ambition of the trade agreement that replaces the United Kingdom’s membership of the EU must reflect the deeply intertwined nature of the automotive sector, urges the European Automobile Manufacturers’ Association (ACEA). If not, this would not only severely damage the industry and the wider economy, but it… Continue reading Press Releases – UK trade deal: EU auto makers call for far-reaching agreement
China: Car sales despite Corona: Volkswagen is looking for the internet star
Audi dealer in Beijing In China, business is increasingly shifting to the Internet. (Photo: dpa) Beijing Wang Qi would never have imagined that he would one day be a moderator. Because, as the 29-year-old says of himself, he was actually a “normal car salesman” who started working in a FAW Volkswagen car shop in Baoding… Continue reading China: Car sales despite Corona: Volkswagen is looking for the internet star
Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View
Autoliv, Inc. ALV recently canceled its quarterly dividend scheduled for Jun 4 and suspended future dividends until further notice. It also withdrew the 2020 guidance to preserve cash as vehicle sales drop on the coronavirus outbreak. The company also drew the remaining $600 million from its revolving credit facility of $1 billion. Notably, it had… Continue reading Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View
Audi Hungaria plant extends shutdown
German carmaker Audi will extend the shutdown at its base in Győr (123 km west of Budapest) by another two weeks until April 19, Audi Hungaria’s spokesperson told Hungarian news agency MTI.As the Budapest Business Journal reported earlier, Audi Hungaria shut down its plant on March 23.Parent company Volkswagen also stopped production at most of its bases, affecting Audi AG plants in Ingolstadt, Neckarsulm, Brussels, and Mexico, as well as the one in Győr.
Transporter division: VW Commercial Vehicles allegedly expects loss in 2020
VW transporter In 2019, the van division had made an operating profit of just over half a billion euros. (Photo: dpa) Hamburg Volkswagen expects due to high investments and fines for climate violations in its van division According to business circles, at a loss this year. This can be assumed if one adds up the… Continue reading Transporter division: VW Commercial Vehicles allegedly expects loss in 2020
Press release 09 / 2020- vehicle registrations in March 2020
Date 4/3/2020 Flensburg, April 3, 2020. 215,119 Passenger cars (Passenger cars) were newly registered in March 2020. Compared to the same month in the previous year, the Corona crisis showed a decline of -37.7 percent. The number of commercial New registrations decreased by -39.6 percent, their share was 61.9 percent, private registrations lost -34.4 percent.… Continue reading Press release 09 / 2020- vehicle registrations in March 2020