Tag: VW

Capgemini research shows AI will drive profitability in automotive

The Capgemini Research Institute has found that just 10% of major automotive companies are implementing artificial intelligence (AI) projects at scale, despite evidence that the technology could add millions to their profits. A study carried out by the research body found that AI could increase the operating profit of businesses in the sector by up… Continue reading Capgemini research shows AI will drive profitability in automotive

UPDATE 1-VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading UPDATE 1-VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANNOVER (Reuters) – Volkswagen has signed a deal to develop a pick-up truck with U.S. rival Ford and may extend its alliance to include autonomous driving and mobility services, the… Continue reading VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

671bhp Volkswagen ID R to battle gamers for hillclimb record

Volkswagen will showcase its record-breaking ID R electric motorsport car on the 99-turn Tianmen Shan Big Gate Road in China later this year – and will stage a ‘virtual’ competition to establish a time to beat. The 671bhp ID R smashed the outright Pikes Peak International Hill Climb record last year, and the German firm is currently prepping… Continue reading 671bhp Volkswagen ID R to battle gamers for hillclimb record

Press: Service Packs for fast and efficient chassis and steering repairs

Expansion of the range of Lemförder Service Packs Cost-effective and efficient repair thanks to comprehensive assembly accessories ZF Aftermarket’s brand Lemförder offers garages with its Service Packs significantly less complicated steering and chassis repairs. The vehicle-specific mounting kits can be ordered in addition to the respective main component and then include all parts required for… Continue reading Press: Service Packs for fast and efficient chassis and steering repairs

UPDATE 3-Ford to leave Russian car market, cede control in joint venture

MOSCOW (Reuters) – Ford Motor Co’s Russian joint venture Ford Sollers will close two assembly plants and an engine factory in Russia, exiting the country’s passenger vehicle market, resulting in charges of about $450 million to $500 million. FILE PHOTO: Employees make a final check of a Ford Focus at a Ford Sollers, U.S. carmaker… Continue reading UPDATE 3-Ford to leave Russian car market, cede control in joint venture

Ford Restructures Russian Joint Venture to Grow Commercial Vehicle Business; Exiting Passenger Vehicle Market in Russia

Supporting Ford’s global redesign strategy to strengthen its leadership in commercial vehicles and growth in Europe, Ford and its partner, Sollers PJSC, confirm the restructuring of their Russian joint venture A restructured Ford Sollers will build on Ford Transit strength as Russia’s top-selling, non-domestic commercial vehicle nameplate and maintains a strong brand presence in the… Continue reading Ford Restructures Russian Joint Venture to Grow Commercial Vehicle Business; Exiting Passenger Vehicle Market in Russia

Amazon, Volkswagen agree strategic partnership for “industry cloud” – report

FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid BERLIN (Reuters) – German carmaker Volkswagen and Amazon.com Inc have agreed on a strategic partnership to create a kind of “industry cloud”, for which details will soon be… Continue reading Amazon, Volkswagen agree strategic partnership for “industry cloud” – report

Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks

BEIJING (Reuters) – Grey Liu bought his third vehicle four months ago – a Foton pickup truck, lured by its $7,000 price tag and its ability to transport his sports motorcycle to the grasslands of northern China where he likes to ride. A worker closes the back of a Toyota Tundra pickup truck at Pickup… Continue reading Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks