DETROIT (Reuters) – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply higher than a previously announced target… Continue reading UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
Tag: Strategy
VW Brand to Invest $3.3 Billion in Quest for U.S. Relevance
Volkswagen AG, unveiling a version of the revamped Jetta sedan, said it’ll invest more than $3.3 billion in North America to help lift the brand out of irrelevance in the U.S. The spending through 2020 will mostly go toward new models, including two more planned sport utility vehicles designed to finally turn VW’s fortunes, after lingering at… Continue reading VW Brand to Invest $3.3 Billion in Quest for U.S. Relevance
Volkswagen makes rapid progress in realigning its North American strategy
The photographic and video material available on the Volkswagen Media Services version open to the general public may only be used citing the source indicated by Volkswagen. Downloading this photographic and video material is only permitted if the content is not used for commercial purposes (e.g. marketing purposes). This photographic and video material may not… Continue reading Volkswagen makes rapid progress in realigning its North American strategy
NTUC FairPrice and Grab to launch new subscription service
SINGAPORE, 15 January 2018 – Singapore’s largest supermarket chain, NTUC FairPrice (FairPrice) and Southeast Asia’s leading on-demand transportation and mobile payments platform, Grab, signed a Memorandum of Understanding (MOU) to embark on a joint initiative to launch a new subscription service. Tapping cross-industry strengths from both organisations, the strategic partnership is designed to complement consumers’… Continue reading NTUC FairPrice and Grab to launch new subscription service
Volkswagen brand sets delivery record in 2017
The Volkswagen brand handed over a total of 6.23 million vehicles to customers worldwide in 2017, making last year the most successful yet in the history of the brand. China, the largest single market, is the main driver of this positive development. More than 3 million vehicles were delivered there for the first time last… Continue reading Volkswagen brand sets delivery record in 2017
Welcome to the Future of Retail, Where the Store Responds to You
By Joe Jensen At Intel, we believe in the transformative power of data and that intelligent data management for real-time insights isn’t just a competitive advantage, but a strategic imperative. Our goal is to help retailers – from brick-and-mortar to online – unify and connect every single shopping experience, respond more effectively to customers and… Continue reading Welcome to the Future of Retail, Where the Store Responds to You
Fiat CEO Sees Room to Double Profit by 2022
Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne, one of the longest-serving bosses in the auto industry, said the company can double profit within five years by exploiting the potential of the Jeep brand. Sergio Marchionne Photographer: Chris Ratcliffe/Bloomberg With the offroad nameplate in position to grab as much as 20 percent of the… Continue reading Fiat CEO Sees Room to Double Profit by 2022
TriForce Tokens Blockchain Gaming Welcomes Angel Investor David Drake to Advisory Board
NEW YORK, Jan. 13, 2018 /PRNewswire/ — Blockchain-powered gaming platform TriForce Tokens is pleased to bring on board LDJ Capital Chairman David Drake as an adviser, strengthening its bid to revolutionize the multi-billion dollar online gaming industry with proven venture capital expertise. Triforce Tokens has reached yet another significant milestone in recognition and acceptance, with renowned venture capitalist… Continue reading TriForce Tokens Blockchain Gaming Welcomes Angel Investor David Drake to Advisory Board
Chevy Silverado swings first blow in pickup wars
Show Thumbnails Show CaptionsLast SlideNext SlideBuy Photo Alan Batey, President GM, North America, unveiled the 2019 Chevy Silverado at Eastern Market Shed 3 on Saturday January 13, 2017(Photo: Max Ortiz, The Detroit News)Buy Photo Let the truck wars begin. Chevrolet unveiled its much-hyped 2019 Silverado pickup truck Saturday night at Eastern Market, kicking off a… Continue reading Chevy Silverado swings first blow in pickup wars
Full speed ahead – volkswagen-media-services.com
They will be manufactured on the basis of the new all-electric architecture (MEB in German). This concept is the central element with the architecture of electric vehicles. The first model of this new generation will be the I.D. in 2020. Preparations for this phase will also take place at the sites in 2018. In Salzgitter,… Continue reading Full speed ahead – volkswagen-media-services.com