Volkswagen Group Components to start series production of flexible fast charging station

In future, the Hanover plant is to produce the flexible fast charging station of Volkswagen Group Components in series. New flexible charging station to be produced at the Hanover components plant CEO Thomas Schmall: “Consistent transformation of our product portfolio towards e-mobility and a key element in our battery strategy” The transformation of Volkswagen Group… Continue reading Volkswagen Group Components to start series production of flexible fast charging station

Volkswagen Group Components well-positioned for the future

Dr. Stefan Sommer (l.) and Thomas Schmall New brand with five newly organized business areas since January 1, 2019 Group Board of Management Member Dr. Stefan Sommer: “Group Components is assuming end-to-end responsibility for the battery, from competence development for the cells through to recycling.” Group Components CEO Thomas Schmall: “€2 billion of cost savings… Continue reading Volkswagen Group Components well-positioned for the future

Wiesmann to return in 2018 with BMW V8 engines – Autocar

German retro sports car brand Wiesmann is to return in 2018 with a new model, powered by a BMW M division-sourced V8 engine. The brand made the announcement on its website, following an announcement earlier this year about the appointment of a new CEO, Mario Spitzner.  The only details of the new model to be… Continue reading Wiesmann to return in 2018 with BMW V8 engines – Autocar

Ford CEO tells employees: ‘Time to bury’ 2018, focus on doubling profit

(Reuters) – Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year’s “mediocre” results and said the company was aiming to nearly double its annual operating profit. FILE PHOTO: Jim Hackett (L), President and CEO of Ford Motor Company, speaks at the Ford… Continue reading Ford CEO tells employees: ‘Time to bury’ 2018, focus on doubling profit

Engine, car production comes to almost full stop at Audi Hungaria – Portfolio English Edition

Portfolio English Edition’s premium content is available only for subscribers Please fill in the form below and apply for a 14 days free trial period. Learn about the hottest news of the day, along with immediate follow-up analyses and 1000’s of exclusive articles with full access to the premium content. For data modification please fill… Continue reading Engine, car production comes to almost full stop at Audi Hungaria – Portfolio English Edition

ADAC EcoTest 2018: e-Golf(((e-Golf: power consumption, kWh / 100 km: combined 14.1 with 17-inch wheels – 13.2 16-inch; combined CO₂ emissions, g/km: 0; efficiency class: A+.))) and e-up!(((e-up!: power consumption, kWh / 100 km: 11.7 (combined); combined CO₂ emissions, g/km: 0; efficiency class: A+.))) are the best

Five-star top-rating for Volkswagen’s current electric models In the EcoTest, ADAC experts use comprehensive test procedures to determine exhaust gas emissions and consumption. e-Golf and e-up! outperform 109 fellow competitors in the comparison test The e-Golf wins the ADAC EcoTest, proving it is one of the cleanest cars in 2018. Placing second was the fully… Continue reading ADAC EcoTest 2018: e-Golf(((e-Golf: power consumption, kWh / 100 km: combined 14.1 with 17-inch wheels – 13.2 16-inch; combined CO₂ emissions, g/km: 0; efficiency class: A+.))) and e-up!(((e-up!: power consumption, kWh / 100 km: 11.7 (combined); combined CO₂ emissions, g/km: 0; efficiency class: A+.))) are the best

Audi to cut $17 billion by 2022: Manager Magazin

FILE PHOTO: The logo of Audi is seen during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Regis Duvignau/File Photo BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) premium brand Audi (NSUG.DE) wants to cut costs by 15 billion euros ($17.02 billion) by 2022, Germany’s Manager Magazin business monthly reported on… Continue reading Audi to cut $17 billion by 2022: Manager Magazin

DAVOS-VW says trade war big concern, in talks to avoid U.S. import tariffs

DAVOS, Switzerland, Jan 24 (Reuters) – Volkswagen Group has a “big concern” over slowing consumer demand in China resulting from the Sino-U.S. trade war, but believes it can still “grow slightly” and there will be a deal between the two countries, its chief executive said on Thursday. Herbert Diess told the World Economic Forum in… Continue reading DAVOS-VW says trade war big concern, in talks to avoid U.S. import tariffs

Audi’s Hungarian plant closed by strike in blow to economy

BUDAPEST, Jan 24 (Reuters) – Audi’s Hungarian factory, one of the largest production plants in the Volkswagen group, shut on Thursday as workers began a one-week strike for higher wages. A union representing more than half of the plant’s 13,000 workers said it was ready to go the full 168 hours to force a deal,… Continue reading Audi’s Hungarian plant closed by strike in blow to economy

Apple shrinks autonomous vehicle team by 200 employees

Apple has dismissed as many as 200 people from Project Titan, its secretive autonomous vehicle project, reports CNBC. In a statement Apple confirmed the change, and said that the affected employees would be moved on to projects in other parts of the company. The changes are relatively small, given that as many as 5,000 people… Continue reading Apple shrinks autonomous vehicle team by 200 employees