Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility Successful BEV-run up: No. 1 in Europe, No. 2 in the US, China increased more than fourfold Enhanced overall resilience: overhead costs significantly reduced, high capex discipline, break-even lowered Profit doubled to 20 billion EUR and return on sales increased to 8 percent (2020: 4,8)… Continue reading Europa Wire: Volkswagen Group’s NEW AUTO Strategy: emission-free, autonomous future of mobility000274
Tag: Possible_Terrorism_Warfare
Tesla raises prices across its entire EV lineup
Tesla has raised the prices of its electric vehicles for the second time within the month. After adding $1,000 to some long-range models last week, the automaker has now implemented a much larger price increase across its lineup. As Electrek reports, its prices now start at $46,990 for the base Model 3, $2,000 higher than… Continue reading Tesla raises prices across its entire EV lineup
@VW Group: Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022004743
CEO Herbert Diess said at Volkswagen‘s annual earnings press conference in Wolfsburg:„The war in the Ukraine is dramatic and causes human tragedy and economic upheaval that we thought we had overcome throughout years of multilateralism and diplomacy,“ Diess said. „Volkswagen has proven its resilience over the past years and will manage this crisis, too. At… Continue reading @VW Group: Volkswagen Delivers on NEW AUTO Strategy, Laying Basis for 2022004743
German Handelsblatt: Ukraine war: VW, Mercedes and Lufthansa are concerned about impending expropriation in Russia003954
Production by VW at the Kaluga plant The car company still hopes to be able to restart the currently dormant production. The threat of expropriation by the Russian government causes unrest. (Photo: Bloomberg/Getty Images) It is a special truck load that rolled onto the Lufthansa Technik site at Hamburg Airport last Wednesday. A truck brings… Continue reading German Handelsblatt: Ukraine war: VW, Mercedes and Lufthansa are concerned about impending expropriation in Russia003954
The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your… Continue reading The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook
Auto firms will begin manufacturing flex-fuel vehicles within six months, says Gadkari
Union minister Nitin Gadkari on Saturday said top officials of automobile companies have promised him that they will start manufacturing vehicles of flex-fuel variants within six months. Addressing ‘ET Global Business Summit’ virtually, Gadkari further said the government is working on a plan to shift public transport to 100 per cent clean energy sources. “This… Continue reading Auto firms will begin manufacturing flex-fuel vehicles within six months, says Gadkari
War in Ukraine: Stellantis Sochaux, Alstom Belfort, will the suspension of exports and imports with Russia have repercussions?
On Thursday March 10, the Stellantis automotive group announced the suspension of exports and imports from Russia. Same thing for the railway manufacturer Alstom. The decision has different consequences for the two companies in Sochaux and Belfort, in Franche-Comté. Don’t expect to see a lot ofPeugeot 3008 or 5008 on the side of Moscow! The… Continue reading War in Ukraine: Stellantis Sochaux, Alstom Belfort, will the suspension of exports and imports with Russia have repercussions?
@VW Group: Volkswagen Group achieves solid results in 2021 and drives forward its transformation to NEW AUTO004728
The Volkswagen Group proved the robustness of its business model in 2021. The company increased its overall resilience and improved its capabilities to cope with constraints. Overhead costs were successfully reduced, capex discipline was high and the break-even was lowered. At the same time Volkswagen drove its transformation to NEW AUTO forward. A solid profit… Continue reading @VW Group: Volkswagen Group achieves solid results in 2021 and drives forward its transformation to NEW AUTO004728
What will happen to electric vehicles after the increase in gasoline prices: increased demand and new risks
11 March, 2022 Posted by: Jorge Platero Category: Faconauto News The interest in electric vehicles is increasing, although other risks appear, such as the rise in the price of electricity or problems with nickel for the manufacture of batteries. The automotive sector is experiencing a perfect storm. To supply problems, technological uncertainty and the barrage… Continue reading What will happen to electric vehicles after the increase in gasoline prices: increased demand and new risks
War and inflation threaten world economy
The world economy’s fragile recovery from the Covid-induced crisis is now threatened by Russia’s war in Ukraine and soaring commodity prices. Here are four questions regarding the risks to global GDP: – Will growth stall?“The war happened right at a time when Europe and the US had a recovery that was going really well. Projections… Continue reading War and inflation threaten world economy