WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) is eyeing producing its own solid state battery cells, with possible serial production from 2024 or 2025, its chief executive said on Wednesday. A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt “We must not make ourselves dependent… Continue reading Volkswagen mulls own production of battery cells in Europe
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BMW to build 1 billion euro car factory in Hungary
FRANKFURT/BUDAPEST (Reuters) – BMW (BMWG.DE) said it is investing 1 billion euros ($1.17 billion) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a centre for premium car manufacturing in the region. FILE PHOTO: The BMW logo is seen on a vehicle… Continue reading BMW to build 1 billion euro car factory in Hungary
Volkswagen to name company insider as COO: source
HAMBURG (Reuters) – Volkswagen (VOWG_p.DE) is set to name Ralf Brandstaetter, the procurement chief of its core VW brand, as its group Chief Operating Officer, a person familiar with the matter said. FILE PHOTO: A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt/File Photo… Continue reading Volkswagen to name company insider as COO: source
European auto stocks soar after Trump-Juncker ‘ceasefire’
Car stocks got a boost Thursday following the meeting between the U.S. and European Union that earned automakers in the region a reprieve from higher import tariffs.
Suspected of tax evasion: “Nest egg” ex-VW boss Winterkorn alarmed the investigators
Ex-VW boss Martin Winterkorn The former car manager wanted to save millions to Switzerland. (Photo: AP) Zurich, Düsseldorf is the classic behavioral pattern of men who do not do good. “Asset protection” tax specialists call such transfers, as they Martin Winterkorn in the past two years. The “Picture on Sunday” reported from investigation filesthat the… Continue reading Suspected of tax evasion: “Nest egg” ex-VW boss Winterkorn alarmed the investigators
Portrait of VW Works Council: Bernd Osterloh – the last representative of Volkswagen’s old corporate culture
WolfsburgAnd then Alexander Wilke tells the trick with the underground car park. Wilke is in front of 300 works councils of the VolkswagenGroup, without suit, but in jeans and with gray mottled hair. He can talk, and he can also be suspenseful. Wilke, head of communications at Thyssen-Krupp, accompanied the cultural change there and should… Continue reading Portrait of VW Works Council: Bernd Osterloh – the last representative of Volkswagen’s old corporate culture
Audi will manufacture its electric motors in Hungary
Audi has officially started this week the production of electric motors in the Györ plant in Hungary with which it will supply its zero emissions models. Audi continues to take important steps when it comes to its electrical strategy. Recall that Audi launched its Action and Transformation Plan at the end of last year with… Continue reading Audi will manufacture its electric motors in Hungary
Volkswagen brings BMW top managers to the board
Tuesday, 07/24/2018 09:59 clock The Volkswagen Group advertises the competitor BMW whose purchasing manager Markus Duesmann. The Supervisory Board has decided to offer the manager a position on the Executive Board, said Volkswagen on Tuesday in Wolfsburg. Duesmann would take up his duties as soon as he was available. With which function Duesmann comes to… Continue reading Volkswagen brings BMW top managers to the board
Automobili Lamborghini produces Aventador 8,000 and Huracán 11,000
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Sant’Agata Bolognese, July 17 2018 – Seven years after its market introduction, the Lamborghini Aventador achieves an important milestone in its history with 8,000 units produced. Chassis number 8,000 is an Aventador S Roadster: the model in Grigio Telesto will be delivered to a customer in Japan. After just four years of production Huracán number 11,000 rolled off the assembly line. The Blue Nethuns car, chassis number 11,000, is destined for the Italian market. Automobili Lamborghini’s worldwide deliveries increased by 11% to 2,327 cars in the first half of 2018. Global sales of the Huracán model line with coupé and Spyder as well as racecar versions, showed an increase from 1,400 to 1,604 units. The Aventador line maintained the high level of the previous period with 673 units delivered.
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Automobili Lamborghini produces Aventador 8,000 and Huracán 11,000
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Automobili Lamborghini produziert den 8.000sten Aventador und 11.000sten Huracán
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Automobili Lamborghini segna un nuovo record produttivo con 8.000 Aventador e 11.000 Huracán
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UPDATE 4-Daimler braced for emissions-test impact as profit weakens
PARIS/FRANKFURT (Reuters) – Mercedes maker Daimler (DAIGn.DE) blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new emissions test standards hit sales. FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke Earnings before interest and… Continue reading UPDATE 4-Daimler braced for emissions-test impact as profit weakens