Stuttgart, 23 March 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, generated a group result after tax of 2.6 billion euro in the fiscal year 2020. This 40.5 percent decrease compared to the prior year (4.4 billion euro) is mainly attributable to the effects of the Covid-19 pandemic. The group result of Porsche SE was significantly… Continue reading @VW Group: Porsche SE generates group result after tax of 2.6 billion euro002692
Tag: Strategy
@VW Group: New Chief Strategy Officer at Volkswagen002693
Andreas Walingen studied industrial engineering at the Technical University of Darmstadt and at Georgia State University in Atlanta, USA. In 2001 he joined Porsche AG in the project purchasing department for sports cars and in 2007 became Head of Procurement Electronics. In 2007 he took on the role of project manager in Corporate Strategy at Porsche AG… Continue reading @VW Group: New Chief Strategy Officer at Volkswagen002693
@VW Group: Change at the helm of Strategy and General Secretariat002692
Gernot Döllner, previously head of Product and Concept at Porsche AG, will become head of Group Strategy, Group Strategy Product and of the General Secretariat of Volkswagen AG effective May 1. In these functions, he will report directly to Herbert Diess, Chief Executive Officer of the Volkswagen Group. Gernot Döllner replaces Jürgen Rittersberger, who –… Continue reading @VW Group: Change at the helm of Strategy and General Secretariat002692
@VW Group: Audi CO2 program: sustainable aluminum for Audi e-tron GT wheels002693
AUDI AG is systematically continuing its CO2 program in the supply chain and, as a result, already reducing the CO2 emissions of the parts used in Audi models in the production phase. As part of a pilot project, the company is procuring 20-inch wheels for the Audi e-tron GT that are made from low-CO2 emission… Continue reading @VW Group: Audi CO2 program: sustainable aluminum for Audi e-tron GT wheels002693
BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030
Investing to Further Expand Electrification Portfolio Through Organic and Inorganic Growth While Seeking to Maintain Top-Quartile Margins Announces Commitment to Achieve Carbon Neutrality by 2035 AUBURN HILLS, Mich., March 23, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE:BWA) will unveil Project CHARGING FORWARD at its Investor Day today. The project represents an acceleration of its electrification strategy,… Continue reading BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030
Renault Trucks to offer an electric range for each market segment from 2023
GÖTEBORG, Sweden, March 23, 2021 /PRNewswire/ — Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. To support these developments and be able to offer a complete and competitive Renault Trucks range on… Continue reading Renault Trucks to offer an electric range for each market segment from 2023
Valmet Automotive builds battery factory in Germany
Valmet Automotive is building its first battery factory in Germany. At the location in Kirchardt/Baden-Württemberg pre-series production of complete battery systems for electrically powered vehicles is scheduled to start in the first half of 2022. The new battery factory, which will be the company’s third, will create around 160 jobs. Within the past three years,… Continue reading Valmet Automotive builds battery factory in Germany
Goodyear Teams Up With Electric Mobility Pioneer UFODRIVE
COLMAR-BERG, LUXEMBOURG, March 23, 2021 – The Goodyear Tire & Rubber Company today announced a strategic relationship with UFODRIVE, an all-digital, all-electric car rental company, aimed at improving electric vehicle fleet performance. The companies will together pursue opportunities to integrate their complementary mobility solutions, including Goodyear’s intelligent tire monitoring system and proactive solutions suite and… Continue reading Goodyear Teams Up With Electric Mobility Pioneer UFODRIVE
Continental electronics-laden Jaguar i-Pace launched in India at Rs 1.05 crore
Jaguar Land Rover, which recently announced its intent to go all-electric by as early as 2025, today introduced the Jaguar i-Pace electric crossover in India. Launched at a price-tag of Rs 1.05 crore, ex-showroom, India, the i-Pace is only the second electric luxury SUV currently on sale in the country after the Mercedes-Benz EQC. The… Continue reading Continental electronics-laden Jaguar i-Pace launched in India at Rs 1.05 crore
Automotive Keys Group Acquires Midwest Keyless
NEW YORK, March 23, 2021 /PRNewswire/ — Automotive Keys Group, LLC (“AKG”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook“), announced today the acquisition, in partnership with Management, of Midwest Keyless, Inc. (“Midwest Keyless” or the “Company”). Based in Spring Grove, IL, Midwest Keyless is a remanufacturer and distributor of replacement OEM and aftermarket keyless entry… Continue reading Automotive Keys Group Acquires Midwest Keyless