Alphabet’s Waymo seeks outside investors: The Information

FILE PHOTO: A Waymo self-driving car is seen during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. REUTERS/ Stephen Lam (Reuters) – Alphabet Inc’s self-driving car division, Waymo, has been seeking financing from outside investors such as European automakers Volkswagen AG, The Information reported on Monday, citing a person with… Continue reading Alphabet’s Waymo seeks outside investors: The Information

Rybrook buys JLR dealerships in Stoke from Pendragon

Warwick-based Rybrook Group is representing Jaguar and Land Rover in Stoke following the completion of its acquisition of the businesses from Pendragon for an undisclosed sum. The businesses is trading as Rybrook Land Rover Stoke and Rybrook Jaguar Stoke. These new additions increase the Warwick-based Group’s dealerships to 25. Rybrook already has Jaguar and Land… Continue reading Rybrook buys JLR dealerships in Stoke from Pendragon

Pininfarina Battista: The most powerful road car ever (and it’s electric!)

“ The Pininfarina Battista is reportedly the most powerful road-legal car ever to be built, with a 0-100 km/h in under two seconds, and 0-300km/h in under 12. More importantly though, it is electric. Designed and built in Italy, the Pininfarina Battista was unveiled at the Geneva International Motor Show in Switzerland, which got underway… Continue reading Pininfarina Battista: The most powerful road car ever (and it’s electric!)

Interview with Frank Witter: VW CFO defends austerity plan: “We are not in normal mode”

Frank Witter The chief financial officer of the VW Group defends the austerity measures. (Photo: Bloomberg) DusseldorfVolkswagen– Workers need to get up a sustained savings pressure in the company to adjust. The Group’s CFO expects stronger cooperation from the subsidiaries. “We are not in normal mode,” said VWBoard member Frank Witter talking to Handelsblatt. The… Continue reading Interview with Frank Witter: VW CFO defends austerity plan: “We are not in normal mode”

Volkswagen brand annual media conference

Technical information regarding live broadcast The Volkswagen brand annual media conference will be broadcasted live on Wednesday, March 13th 2019, from 03:00am EST – 05:00am EST / 08:00am GMT – 10:00am GMT. Internet:http://volkswagen.gomexlive.com/vw_live_pk/?lang=en Here you can watch the annual media conference LIVE and furthermore find an embed code to implement the stream into your website. … Continue reading Volkswagen brand annual media conference

Base remains modest

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Frank Witter in an interview: VW CFO defends austerity measures: “Have not used possible synergies optimally”

Frank Witter The chief financial officer of the VW Group defends the austerity measures. (Photo: Bloomberg) DusseldorfVolkswagen– Workers need to get up a sustained savings pressure in the company to adjust. The Group’s CFO expects stronger cooperation from the subsidiaries. “We are not in normal mode,” said VWBoard member Frank Witter talking to Handelsblatt. The… Continue reading Frank Witter in an interview: VW CFO defends austerity measures: “Have not used possible synergies optimally”

Employee representation: VW works council considers new plant in Eastern Europe unnecessary

Volkswagen VW is examining ten properties in Romania, Serbia, Bulgaria and Turkey for a new plant. (Photo: Reuters) BerlinThe Group Works Council “Bild am Sonntag” wants to prevent the construction of the planned new plant in Eastern Europe. As the newspaper reports, the employee representatives want to vote against the project at the decisive meeting… Continue reading Employee representation: VW works council considers new plant in Eastern Europe unnecessary

Volkswagen’s emissions problems cost the carmaker 3.6 billion euros in 2018: source

FILE PHOTO: A Volkswagen badge on a production line at the Volkswagen plant in Wolfsburg, Germany, March 1, 2019. REUTERS/Fabian Bimmer FRANKFURT (Reuters) – Volkswagen’s effort to get its fleet of cars certified according to the new WLTP emissions standard have cost the carmaker up to 3.6 billion euros ($4.04 billion) in 2018, a source… Continue reading Volkswagen’s emissions problems cost the carmaker 3.6 billion euros in 2018: source