Volkswagen is planning the little brother for the ID.3 The ID.3 is the first all-electric car from Volkswagen. The ID.2 is to become the smaller brother as a small car, for around 20,000 euros. (Photo: dpa) Wolfsburg Volkswagen CEO Herbert Diess is anything but undisputed within the group. But even among his opponents there is… Continue reading German Handelsblatt: Electric strategy from Volkswagen: At VW, planning for small cars is taking shape000849
Tag: Strategy
The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)
Henrik Fisker has bounced back from the demise of his first car company, Fisker Automotive, with Fisker, Inc. Fisker, Inc. recently went public at a $3 billion valuation that quickly shot up to over $4 billion. The deal used a once-derided but now popular investment vehicle called a SPAC to execute a reverse-merger and list… Continue reading The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)
How parent of BMW’s China partner drove to the brink of bankruptcy – CNA
BEIJING: In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of provincially owned automaker Huachen Group. It was a milestone for the iconic Bavarian marque, whose cars proved massively popular in what became the world’s… Continue reading How parent of BMW’s China partner drove to the brink of bankruptcy – CNA
Investments in southern Germany and Slovakia for further growth
Fri, Nov 27, 2020 07:30 CET The Lesjöfors company Stumpp + Schüle, with sites in Germany and Slovakia, has made important decisions for the future orientation of the company by further investments in the Slovakian site and in new software tools. Despite the major challenges that the Automotive supplier industry has faced throughout this year, Stumpp… Continue reading Investments in southern Germany and Slovakia for further growth
German Handelsblatt: Automobile group: VW boss Diess urges decision on early contract extension000845
Herbert Diess The CEO is putting pressure on the subject of an early extension of a contract that will expire in 2023. (Photo: Reuters) Wolfsburg, Frankfurt VW CEO Herbert Diess is aiming for the early extension of his contract, which will expire in spring 2023: “He now needs this confirmation that the supervisory board supports… Continue reading German Handelsblatt: Automobile group: VW boss Diess urges decision on early contract extension000845
Valmet Automotive further expands battery testing for electric vehicles
New Battery Test Center in Weihenbronn, Germany, put into operation VA significantly expands test capacities and test expertise New employees to be recruited for battery testing In addition and close to the company’s battery test center hub in Bad Friedrichshall, Germany, the company has now put the battery test center in Weihenbronn into operation. At… Continue reading Valmet Automotive further expands battery testing for electric vehicles
@Mazda: Mazda: Production Facility in Thailand, AutoAlliance (Thailand), Celebrates its 25th Anniversary
HIROSHIMA, Japan, Nov 27, 2020 – (JCN Newswire) – Alliance (Thailand) Co. Ltd. (AAT), a joint venture production facility of Mazda Motor Corporation and Ford Motor Company in Thailand, this month celebrates the 25th anniversary since its establishment. Established in November 1995, AAT has utilized combined strength and synergy effect of Mazda and Ford. The… Continue reading @Mazda: Mazda: Production Facility in Thailand, AutoAlliance (Thailand), Celebrates its 25th Anniversary
British engine production declines by a fifth in October
26 November 2020 #SMMT News #UK Manufacturing 197,374 UK engines built in October as output declines by -20.1% Production for domestic and overseas markets falls -25.2% and -16.4% respectively. Year-to-date output remains down -30.1% as sector faces triple whammy of coronavirus, Brexit and 2030 end of sale date. Mike Hawes, SMMT Chief Executive, said, Another… Continue reading British engine production declines by a fifth in October
@VW Group: Volkswagen Group Components delivers essential components for Volkswagen’s ID.4(((ID.4 – power consumption (NEDC) in kWh/100 km: 16.9–16.2; CO₂ emission in g/km: 0; efficiency class: A+.)))
Volkswagen Group Components is the central supplier for the first models of the new Volkswagen ID. family and numerous other Group brand models based on the modular electric drive matrix (MEB). Volkswagen Group Components contributes around 40% of the overall added value of the first fully electric SUV by the Volkswagen brand, the world e-car… Continue reading @VW Group: Volkswagen Group Components delivers essential components for Volkswagen’s ID.4(((ID.4 – power consumption (NEDC) in kWh/100 km: 16.9–16.2; CO₂ emission in g/km: 0; efficiency class: A+.)))
@VW Group: Fuel from waste: Volkswagen powers car freighters with used oil from restaurants
The Volkswagen Group continues to force the pace of climate protection: in future, Volkswagen Group Logistics will be using certified fuel from vegetable residues for certain new car shipments via marine routes. The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was re-fuelled for… Continue reading @VW Group: Fuel from waste: Volkswagen powers car freighters with used oil from restaurants