Archive for the ‘Volkswagen’ Category

Ford, VW Looking at Potentially Major Alliance

Rumors of big deal begin to circulate.

by on Oct.17, 2018

Ford Motor Co. entered into a MoU with Volkswagen AG to work on some undetermined projects.

Like many an automotive manufacturer, Ford Motor Co. has been forming alliances with erstwhile rivals such as General Motors in a bid to reduce development costs and speed new products to market. But one potential partnership has been generating widespread buzz in industry circles, observers wondering just how far Ford might take things with German giant Volkswagen AG.

The two companies inked an MoU, or memorandum of understanding, announcing they will explore a number of possible projects, including the joint development and production of commercial vehicles.

Insight!

But industry analysts are now suggesting such a partnership could reach far beyond the commercial vehicle market, some even wondering whether there could be full-fledged merger or, at the least, an equity swap, in their future. (more…)

Porsche May Add Battery-Electric Macan Next, Hints CFO

Battery models set to generate 50% of Porsche sales by 2025.

by on Oct.16, 2018

The new Porsche Taycan, formerly known as the Mission E, is just the beginning of a slew of new battery-electric cars coming from Porsche.

Porsche is not only just getting ready to roll out its first pure battery-electric vehicle, the Taycan, but also it apparently sees the opportunity to electrify more of its line-up, with battery-powered products generating more than half its sales by 2025.

The automaker revealed one possibility at the Geneva Motor Show last winter, a concept battery-SUV dubbed the Mission E Cross Turismo that is essentially a high-riding version of the original Mission E concept that will become the Taycan sports car when it goes into production next year. Alternatively, the performance division of Volkswagen Group could electrify the smaller of its two current crossovers, the Macan. And still models will follow, according to Porsche’s chief financial officer.

Electrifying!

“There is no final decision yet, but you can expect that this will be the case because we need a large-volume model that is fully electric. This idea will then progress further with the next generations of the Panamera and Cayenne model lines,” CFO Lutz Meschke told reporters during a tour of the company’s product development center. (more…)

German Automakers Face 50:50 Chance of Collapse, VW CEO Warns

Herbert Diess warns battery-cars could cost jobs – and may not be as clean as promised.

by on Oct.16, 2018

VW boss Herbert Diess, left,helps unveil the VW BUDD-e and eGolf Touch electric concepts.

When the U.S. economy collapsed a decade ago two of the three Detroit-based automakers plunged into bankruptcy, surviving only with the help of a massive federal bailout – and that’s the fate that could be facing the German auto industry, as well, the CEO of Volkswagen warned today.

The country’s powerful auto industry faces a 50:50 chance of suffering the same fate that nearly destroyed Detroit’s Big Three manufacturers, Herbert Diess said during a supplier conference in Wolkfsburg VW’s home town.

Business News!

“From today’s point of view the chances are perhaps 50-50 that the German auto industry will still belong among the global elite in 10 years’ time,” said Diess, who was appointed VW’s chief executive earlier this year, following a senior management shake-up.

(more…)

Toyota Rated as Best Automotive Brand

Sixteen auto brands make Top 100 — GM and FCA brands not on the list.

by on Oct.11, 2018

Toyota was the top automotive brand in this year's Best Global Brands Top 100 list, taking seventh overall.

A quick poll of people asking what automaker is the best might net several folks saying “Tesla!” and while it does have a massive market cap, they’d be wrong. The best brand? Toyota.

According to Interbrand’s 2018 Best Global Brands report, Apple was the top company on the list with a valuation of $214 billion. Toyota was seventh on the list at $53 billion, which was up 6% over last year’s result.

Insight!

Overall, 15 automotive brands made the Top 100 list and while there aren’t really any surprises about what ones are on the list, those that are not on the list may be reason to take pause. None of the General Motors brands made this year’s list. The aforementioned Tesla did not make the list either. Nor did any of Fiat Chrysler’s brands. (more…)

Woebcken Out as CEO of VW America, Audi Boss Keogh Takes Over

Bentley's Del Rosso takes over Audi for Keogh.

by on Oct.10, 2018

Hinrich Woebcken is out as the CEO of VW's North American operations, replaced by Audi chief Scott Keogh.

Volkswagen Group of America is shuffling the deck at the top for a new leader, but didn’t go too far to find him: former Audi of America chief Scott Keogh is replacing Hinrich Woebcken as President and CEO.

Keogh, 49, joined Audi in 2006 as Chief Marketing Officer and ascended to President in 2012. He’s played a major role in the near-luxury brand’s continuous sales growth for more than a decade. In fact, sales doubled between 2010 and 2015.

News Now!

Woebcken took over VWofA in January 2016. He came on during a difficult time for the brand as it was in the early stages of dealing with a global diesel scandal, which was uncovered by U.S. federal environmental regulators. (more…)

VW Back in the Global Sales Lead, But Toyota Returns to #2

Final months of 2018 could bring an epic battle.

by on Oct.08, 2018

Volkswagen appears to be the top selling automaker in the world with less than three months left in the year.

With 2018 quickly drawing to a close, Volkswagen appears to have cemented the global sales crown to its corporate head, rapidly gaining ground from its two closest competitors.

But rivals Toyota and the Renault-Nissan-Mitsubishi Alliance are facing a classic, neck-and-neck battle that could see them fighting it out until the last sale is counted, according to data compiled by research firm Focus2Move, for second place.

Business News!

One long-time contender, meanwhile, has dropped out of the race entirely. General Motors, which led the global auto industry for more than seven decades, is well out of the running after selling off its European Opel subsidiary and shuttering operations in several other markets, including Russia and India. (more…)

Electrify America Set Expand EV Charging Infrastructure

Stations designed to raise awareness for EVs.

by on Oct.04, 2018

Electrify America is getting ready to build $200 million worth of new EV fast chargers.

Electrify America, the organization created out of the Volkswagen diesel scandal to promote the use of electric vehicles, plans to invest $200 million in Zero Emission Vehicle infrastructure primarily in California.

The investment, which will start next summer and take 30 months to complete, will follow a plan outlined originally by the California Air Resources Board to raise awareness of electric-charging capacity.

Plug In!

Electrify America was established to implement the $2 billion ZEV Investment Commitment outlined in Volkswagen’s court-approved settlement involving 2.0-liter TDI diesel vehicles. (more…)

Fiat Chrysler Outsells Ford in September

Makers struggle to overcome Hurricane Harvey-led sales from last year.

by on Oct.02, 2018

Fiat Chrysler outsold rival Ford Motor Co. in September, led by strong sales of its Ram pickup truck.

In a dramatic reversal of fortune, Fiat Chrysler Automobiles outsold Ford Motor Co. during the month of September and moved with striking distance of Toyota, the leading Japanese automaker.

FCA US reported U.S. sales of 199,819 vehicles, a 15% increase compared with sales in September 2017 of 174,266 vehicles.

Subscribe Now!

Meanwhile, Ford Motor’s September U.S. sales declined 11.2% on total sales of 197,404 units. Sales by Toyota Motor North America declined by more 10% with on sales of 203,095 Toyota and Lexus units. (more…)

Porsche Dropping Diesels

First German automaker to abandon “oil-burners.”

by on Sep.24, 2018

Porsche is facing allegations it rigged some versions of the Cayenne to boost exhaust noise at the expense of higher emissions.

Porsche is set to become the first German automaker to completely abandon diesel engines, the sports carmaker has confirmed.

The move, confirmed by CEO Oliver Blume in the Bild am Sonntag newspaper, comes in the wake of the emissions cheating scandal that has so far cost parent Volkswagen AG around $30 billion in fines, settlements and buybacks.

The Full Story!

“There won’t be any Porsche diesels in the future,” Blume told the German newspaper, explaining that the company wants to concentrate on “what we can do particularly well,” notably, “powerful petrol, hybrid and, from 2019, purely electric vehicles.”

(more…)

Merkel Pressing German Automakers for Diesel Pollution Solution

Companies scrambling to find a cleaner diesel.

by on Sep.24, 2018

German Chancellor Angela Merkel, center, is pressing German automakers for a solution for cleaner diesels.

With driving bans aimed at diesel engines looming in several German cities, German Chancellor Angela Merkel is pressing German carmakers for help in coming up with ways to make vehicles cleaner while avoiding limits on traffic, averting a potential political crisis that could threaten her government.

The government, however, is yet to come up with a specific plan though it indicated some progress is being made after a high-level meeting in Berlin attended by Volkswagen AG CEO Herbert Diess, Daimler AG CEO Dieter Zetsche and BMW AG chief Harald Krüger, Finance Minister Olaf Scholz and Minister of Transport Andreas Scheuer also took part in the deliberations at the Chancellery, according to German press accounts

Global News!

Scheuer indicated carmakers rejected expensive hardware retrofits of diesel vehicles that had been suggested for vehicles from the emission class Euro 5. Reports from German regulators have described the retrofits as “technically feasible and economically justifiable.”  (more…)

verumoption

http://medicaments-24.net

ry-diplomer.com