The Volkswagen Group is forging ahead with the fundamental change of system in individual mobility and systematically aligning with electric drives. The Group is planning to launch almost 70 new electric models in the next ten years – instead of the 50 previously planned. As a result, the projected number of vehicles to be built… Continue reading Volkswagen plans 22 million electric vehicles in ten years
Tag: VW
VW CEO says he has not considered taking a minority stake in Waymo
Herbert Diess, CEO of German carmaker Volkswagen addresses the media during the annual news conference at the Volkswagen plant in Wolfsburg, Germany March 12, 2019. REUTERS/Fabian Bimmer WOLFSBURG, Germany (Reuters) – Volkswagen has not considered taking a minority investment in Google’s autonomous cars project Waymo, Chief Executive Herbert Diess said on Tuesday, adding that talks… Continue reading VW CEO says he has not considered taking a minority stake in Waymo
UPDATE 2-VW accelerates electric push as core brand margin slips
WOLFSBURG, Germany (Reuters) – Volkswagen said it will cut jobs as it launches almost 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. FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant… Continue reading UPDATE 2-VW accelerates electric push as core brand margin slips
VW boss warns US car tariffs could cost billions – Financial Times
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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