Tag: VW

Comment: After BMW’s departure, tough decisions are now being made at BMW

BMW Group headquarters The automobile company has lost its lead in electromobility in recent years and at the same time a revenue problem. (Photo: DAPD) Profit warning, power struggles and an increasingly unsettled workforce: The news from the BMWHeadquarters have not been good in recent months. The pressure on CEO Harald Kruger was great. Now… Continue reading Comment: After BMW’s departure, tough decisions are now being made at BMW

Volkswagen revives its famous electric combi

Determined to take full advantage the turning of the electric , Volkswagen takes the opportunity to resurrect one of its most iconic vehicles. On Tuesday, July 2, the German manufacturer presented a 100% electric version of its famous 60s combi. Designed by its US research and development center, this van is supposed to highlight the… Continue reading Volkswagen revives its famous electric combi

Audi plant can be set up in Novorossiysk

KRASNODAR, July 5. /TASS/. Audi car manufacturing plant can be built in Novorossiysk, the city mayor Igor Dyachenko said on Friday.
“Together with our German colleagues we decided to consider the possibility of building an Audi plant in the industrial zone of Novorossiysk. We will discuss this and other topics during the visit of the German delegation to our city, which is scheduled for September,” he said.
According to him, the delegation from Novorossiysk signed a declaration of intent to establish twin-town relations with the German city of Heilbronn, in the vicinity of which the Audi plant is located.

The SEAT factory in Martorell singled out with a transformation award, ready to tackle the future

SEAT’s Martorell factory is the recipient of the Production Transformation Award given by the German magazine Automobil Produktion and strategy consulting firm Roland Berger, which recognises auto production facilities which particularly stand out for decisively adapting its processes to face future challenges. In a time of huge change for companies in the automotive industry, the… Continue reading The SEAT factory in Martorell singled out with a transformation award, ready to tackle the future

VW, Ford reach outline agreement to share electric, autonomous tech – source

FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo FRANKFURT/DETROIT (Reuters) – Ford (F.N) and Volkswagen (VOWG_p.DE) have reached an outline agreement to share electric and autonomous car technologies, extending their alliance beyond a cooperation on commercial vehicles, a source… Continue reading VW, Ford reach outline agreement to share electric, autonomous tech – source

Jaguar to invest big in UK with new electric XJ and more set for Castle Bromwich plant

Jaguar Land Rover is expected to confirm today that the next generation of the Jaguar XJ saloon will be made at its Castle Bromwich facility – and that the car will feature a pure-electric powertrain. The British manufacturer will announce fresh investment in the factory in the West Midlands, which had been considered at risk… Continue reading Jaguar to invest big in UK with new electric XJ and more set for Castle Bromwich plant

Ford to find buyers for its capacity in Russia, but price will not be high – experts

MOSCOW, July 4 / TASS/. American automaker Ford continues to search for buyers for its Russian assets; German, South Korean and Chinese companies may become bidders, but the sale price is unlikely to be high, that is what the experts polled by TASS said on Thursday.
Ford is in commercial negotiations to sell its Russian assets and is currently considering proposals for the acquisition of factories from interested companies, the Ford Sollers press service told TASS. Currently, Ford automobile plants in Naberezhnye Chelny and Vsevolozhsk, as well as an engine manufacturing plant in Elabuga, are in the process of being closed. Its production lines have been closed since late June. “The closure of the plant is a complex and time-consuming process, which includes the preservation of the building and equipment, data archiving and other necessary actions,” explained Ford Sollers.
As previously reported by the Minister of Industry and Trade Denis Manturov, Ford will put the closing plants up f..