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Tag: VW
VW accelerates electric push as margin at core brand slips
The profit margin at its core VW brand slipped to 3.8 percent last year. Germany: Volkswagen on Tuesday said it will launch 70 new electric models by 2028, accelerating its rollout of zero-emission cars as earnings revealed the operating margin at its core brand had taken a hit from new emissions tests. The profit margin… Continue reading VW accelerates electric push as margin at core brand slips
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