Tag: VW

Porsche lays the foundations for continued growth in Leipzig

The comprehensive expansion project was launched this Tuesday in the presence of the Minister President of Saxony, Michael Kretschmer, the Lord Mayor of Leipzig, Burkhard Jung, Albrecht Reimold, Member of the Executive Board for Production and Logistics at Porsche AG, and Gerd Rupp, Chairman of the Executive Board at Porsche Leipzig GmbH. As part of… Continue reading Porsche lays the foundations for continued growth in Leipzig

SLM Solutions and Bugatti driving automotive sector with metal 3D printed parts

SLM Solutions, a German provider of metal additive manufacturing systems, has released more information about working with Bugatti, the French manufacturer of high-performance automobiles. The new information shows how 3D printing is used to develop critical components. Last year, the partners created a 3D printed brake caliper for the Bugatti Chiron. Recently the component underwent testing for serial production. Now,… Continue reading SLM Solutions and Bugatti driving automotive sector with metal 3D printed parts

Power struggle at Volkswagen: Board and works council of VW signal again willingness to negotiate

Car City Wolfsburg The VW Group lags behind in the production of classic combustion models compared to the competition. (Photo: Polaris / laif) Wolfsburg, FrankfurtBernd Osterloh is at the balance sheet press conference from Volkswagen physically not present. Actually, such events are about the numbers – not the works council. And yet Osterloh is the… Continue reading Power struggle at Volkswagen: Board and works council of VW signal again willingness to negotiate

Volkswagen warns on jobs as margins slip, electric plans accelerate

WOLFSBURG, Germany (Reuters) – Volkswagen will cut jobs as it speeds up the rollout of less labor-intensive electric cars and will review its sprawling portfolio of brands as it battles to reverse a slide in profit margins, the German carmaker said on Tuesday. The company said it planned to launch almost 70 new electric models… Continue reading Volkswagen warns on jobs as margins slip, electric plans accelerate

Volkswagen to unveil U.S. plan at end of first quarter, mulls further China steps in 2019

Herbert Diess, CEO of German carmaker Volkswagen is surrounded by media during the annual news conference at the Volkswagen plant in Wolfsburg, Germany March 12, 2019. REUTERS/Fabian Bimmer WOLFSBURG (Reuters) – Volkswagen will decide whether it makes sense to raise its stake in Chinese joint venture companies toward the end of this year or beginning… Continue reading Volkswagen to unveil U.S. plan at end of first quarter, mulls further China steps in 2019

UPDATE 4-VW warns on jobs as margins slip, electric plans accelerate

WOLFSBURG, Germany (Reuters) – Volkswagen will cut jobs as it speeds up the rollout of less labor-intensive electric cars and will review its sprawling portfolio of brands as it battles to reverse a slide in profit margins, the German carmaker said on Tuesday. The company said it planned to launch almost 70 new electric models… Continue reading UPDATE 4-VW warns on jobs as margins slip, electric plans accelerate

UPDATE 1-CERAWEEK-Ford chairman praises CEO, mulls lithium venture

HOUSTON (Reuters) – Ford Motor Co Executive Chairman Bill Ford said on Tuesday that he is very confident in Chief Executive James Hackett’s leadership and that the automaker is considering striking supply deals with a lithium producer. FILE PHOTO – Newly named Ford Motor Company president and CEO James Hackett answers questions from the media… Continue reading UPDATE 1-CERAWEEK-Ford chairman praises CEO, mulls lithium venture

Volkswagen: Careful approach in the power struggle at VW

Wolfsburg, FrankfurtBernd Osterloh is at the balance sheet press conference from Volkswagen physically not present. Actually, such events are about the numbers – not the works council. And yet Osterloh is the central theme – also for the CEO Herbert dies, “Osterloh is sometimes difficult to judge because he often acts emotionally and spontaneously,” says… Continue reading Volkswagen: Careful approach in the power struggle at VW

Company 06.03.2019 The Importance of China Interview with CEO Herbert Diess: “We Need to Get the Young Chinese Middle Class Excited.” mehr

With the new JETTA brand, Volkswagen is now systematically pursuing this path. How did the idea for the new brand come about? In China, Jetta is a symbol for attainable, individual mobility. This is the model with which we put China on four wheels in the 1990s. With more than 300,000 vehicles sold per year,… Continue reading Company 06.03.2019 The Importance of China Interview with CEO Herbert Diess: “We Need to Get the Young Chinese Middle Class Excited.” mehr