Mobility service Moia The buses of the VW mobility service provider Moia to drive purely electrically through Hamburg. (Photo: AP) Hamburg also lay workers arm-thick power cables on the site around the spacious former factory building, in the several golden yellow painted, battery-powered minibuses park. But in a month, exactly on 15 April, should from… Continue reading Moia in Hamburg: Cheaper than taxis, faster than the subway – This is how the new mobility service from VW works
Tag: VW
VW says it may face U.S. SEC lawsuit over ‘Dieselgate’
WASHINGTON, March 14 (Reuters) – Volkswagen AG said the U.S. Securities and Exchange Commission may bring an enforcement action over the automaker’s diesel emissions scandal, the latest fallout from the cheating known as “Dieselgate.” VW said in its annual report released earlier this week that the SEC probe focuses on the automaker’s nondisclosure of “certain… Continue reading VW says it may face U.S. SEC lawsuit over ‘Dieselgate’
Volkswagen 4.0 – the production systems of tomorrow are being developed in the Gläserne Manufaktur in Dresden
The guiding principle: systems are tried and tested in the Gläserne Manufaktur before being rolled out to mass production throughout the Group Tests and further development during operation World first – installation of the headliner in the e-Golf now automated Dr Andreas Tostmann, member of the Board of Management for Production and Logistics for the… Continue reading Volkswagen 4.0 – the production systems of tomorrow are being developed in the Gläserne Manufaktur in Dresden
Audi seeks closer ties to Porsche in cost-cutting drive
INGOLSTADT (Reuters) – Audi will make greater use of vehicle platforms and technologies developed with Porsche and Volkswagen as it embarks on a 15 billion euro cost cutting and efficiency drive, Chief Executive Bram Schot said on Thursday. An Audi 55 e-tron is seen ahead of the company’s annual news conference at its headquarters in… Continue reading Audi seeks closer ties to Porsche in cost-cutting drive
Automobili Lamborghini reaches record highs in all key business figures 2018
In Fiscal Year 2018 (1 Jan – 31 Dec), Automobili Lamborghini S.p.A. achieved a new all-time high in all key business figures: sales, turnover and profitability achieved levels unprecedented in the 55-year history of the brand. After crossing the one billion threshold for the first time in 2017, turnover grew by 40% from 1,009 mio.… Continue reading Automobili Lamborghini reaches record highs in all key business figures 2018
IN-Campus – a striking achievement: New Audi technology park on remediated site
Audi is building its future, and to do so, it is revitalizing an industrial wasteland. Not far from its main factory in Ingolstadt, the company is developing the IN-Campus, a 75-hectare technology park, on the site of a former oil refinery. IN-Campus GmbH, a joint venture between AUDI AG and the city of Ingolstadt, is… Continue reading IN-Campus – a striking achievement: New Audi technology park on remediated site
IN-Campus Strategic Investment: New Technology Park for Future Projects
“IN” stands for innovation: With IN-Campus, AUDI AG and the city of Ingolstadt have gotten a strategic investment off the ground. The two parties are renovating the site of a former crude oil refinery together and transforming it into a campus—with a focus on the technologies of the future. Development of IN-Campus as an open… Continue reading IN-Campus Strategic Investment: New Technology Park for Future Projects
Audi sees margin target hit by electric car investments
An Audi logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy INGOLSTADT (Reuters) – Audi the premium brand owned by Volkswagen said it expects to deliver an operating return on sales between 7 percent and 8.5 percent, below its long-term target, as costs for developing electric… Continue reading Audi sees margin target hit by electric car investments
Jaguar Land Rover recalls 44,000 cars
Jaguar Land Rover is recalling 44,000 cars in the UK over carbon dioxide emissions, the car maker has said. Regulators found 10 models were emitting more of the greenhouse gas than they had been certified to emit. The car maker will contact owners to arrange repairs, a JLR spokeswoman said. JLR is facing a number… Continue reading Jaguar Land Rover recalls 44,000 cars
VW says it will not pursue Traton IPO for now due to market conditions
Krisztian Bocsi | Bloomberg | Getty Images
A Traton International LT A26 haulage truck sits on display on the Volkswagen AG (VW) Traton heavy-truck division exhibition area at the IAA Commercial Vehicles Show in Hanover, Germany, on Wednesday, Sept. 19, 2018.
Volkswagen said on Wednesday it would not pursue an initial public offering of its trucks unit Traton due to current market conditions but said the board of management still wanted to list the division if the environment improves.
“In the current market environment, Volkswagen Aktiengesellschaft today decided not to continue with preparation of an IPO of Traton SE for the time being,” Volkswagen said in an adhoc statement.
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